• Posts Tagged ‘economy’

    Cash for Clunkers = FAIL

     • November 5, 2009 • 2 Comments

    Interesting article on USA Today about the “cash for clunkers” program. What did people use the program for? To upgrade their pickup trucks and SUVs. FAIL. AP reports that for 8,200 deals — the most common — buyers traded in their old Ford 150 pickups for new Ford 150 pickups. Fuel economy for the...

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    Common Sense from Peter Schiff

     • January 24, 2009 • 2 Comments

    The more I read, the more I like this guy. Here’s Peter Schiff in US News talking about how dumb it is for the government to be trying to create the illusion of value in the real estate market: “They are trying to maintain high home prices by keeping interest rates low. That’s how...

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