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First off, he’s wrong about it taking 2-3 months to pass the legislation. Looks like it is only taking a few days. But I’m trying to figure out how he comes up with the 22,000 figure. What is the point of that? It’s simple, it costs $3500 or $4500. How in the world will it cost $45,354...

Yea sorry but the major glitch is on you. The dealer, not the customer, applies for the rebate. They sell the 15k car for 10.5k (a loss) and then get reimbursed by the feds. You think the dealer is stupid? They aren’t going to sell a car at a major loss if there’s a chance they won’t get...

If I go to the hospital because I broke my arm and the doctor says it’s going to be $1000 to fix it but I only $500, what should I tell the doctor? Well gee doc, I’m not supposed to borrow money, I only have $500 now, so can you fix half my arm now and I’ll come back when I have the other...

Actually it’s $272 a month for a standard HMO with $30 co-pays, $150 prescription deductible, no vision and no dental. But you know, whatever makes you feel better. I love it when people talk about taking care of yourself and then you won’t have to go to the doctor much. I have glaucoma...

Typical ET poster who has to resort to snide comments rather than a legitmate discussion. Actually when you think about it, credit cards are better than student loans. While student loans have lower interest rates and you don’t really have the risk of the government screwing you like the CC...

No, the rich do not get hurt through inflation, they benefit. Yea sure they pay more for gas and food, but who cares, they own the companies that are selling the products at an increased price. They pay a little bit more for the things they buy, but their assets and net worth increase...

So if our entire monetary system is basically a fraudulent ponzi scheme whereby it is physically impossible to repay all of the principal and interest, why are people here advocating debtors prison? That’s like 10 people having a race and you scream at 9 of them saying that it is unacceptable...

You only told half the story. US dollar index 1/19/01: 110.67 US dollar index 1//20/09: 86.35 Real value of Dow 1/19/01: 11713 Real value of Dow 1/20/09: 6863 Real loss: 4850 points

Sorry but if it only affects people making over $280,000, how is it going to cost $12k for every household? On the contrary, won’t the increased government spending create more jobs, thus saving more family’s money? But I know nobody here will give a legitimate response. I’m sure...

Subprime lending under Bush’s watch. He could have stood up to Greenscam and Bernankrupt, but he didn’t. Republicans can shout tax cuts all they want, that ain’t gonna change much of anything. Nobody cares about a tax cut when ther job just got shipped to China or when the ceo is making...

Or maybe Republicans will realize one of these days that it doesn’t matter if you reduce somebody’s taxes 10%, because inflation will eat it up in a year anyways. And of course if they don’t have a job anyways, well, what goods a tax cut to them? Clinton raised taxes and the economy was...

What the hell are you talking about? Your statement makes absolutely no sense.

That statement is so full of crap and you know it. Blaming unemployment on Obama is like blaming Gm’s bankruptcy on it’s new ceo. Why don’t grow up and watch something else besides Fox news.

Yea cause tax cuts and reasoning like yours worked great over the past 8 years, I mean look at the great shape our economy is in as a result!

I am in the process of getting a job at a car dealership. From what I’ve seen this program is huge and very popular. I have a feeling people critisizing it are doing it just because they will critisize anything the government or Obama does. Just like what was said earlier, why is there only a...

Exactly. You have no idea what he’s talking about because Fox News hasn’t told you about it.

This is too many true facts for an ET thread. They don’t understand this. What you say about financial aid is abslutely true. They gave me $500 for one semester when I was 18 and said I didn’t qualify for anything. I applied a few months ago and all of a sudden they said I was eligible for...

Isn’t that exactly what’s happened over the past year? Except when the “few select people” got hurt, they got a bailout.

Nothing against poyayan but if he/she can’t understand that debt is debt no matter who it’s owed to or what it’s used for, not much to talk about.

Thanks I appreciate this. But you also left out health insurance. That is another 3k a year. Also you are basing this on 50k gross a year. That’s fine except I don’t know one person under 30 who makes that much. But the kicker is to take all these figures and add 10% to them every year...