Clunker Math

[red states rule]

I just got this email and wanted to share it


A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of gasoline. A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.

So, the average clunker transaction will reduce gasoline consumption by 320 gallons per year.

They claim 700,000 vehicles - so that's 224 million gallons a year. That equates to about 5.26 million barrels of oil. 5.26 million barrels of oil is about 1/4 of one day's US consumption. And 5 million barrels of oil costs about $350 million dollars at $75/bbl.

So, we all contributed to spending $3 billion to save $350 million.

They'll probably do a better job with health care though.

[Jeff]

I just got this email and wanted to share it


A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of gasoline. A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.

So, the average clunker transaction will reduce gasoline consumption by 320 gallons per year.

They claim 700,000 vehicles - so that's 224 million gallons a year. That equates to about 5.26 million barrels of oil. 5.26 million barrels of oil is about 1/4 of one day's US consumption. And 5 million barrels of oil costs about $350 million dollars at $75/bbl.

So, we all contributed to spending $3 billion to save $350 million.

They'll probably do a better job with health care though.

Ya reckon if ya forward this to the messiah he might figure it out ?

[red states rule]

Ya reckon if ya forward this to the messiah he might figure it out ?

I doubt it

I would like to know much energy was consumed to produce the 700000 functional clunkers that they destroyed?

Not to mention a paid for vehicle. Now we have a bunch of people in debt when they had running paid for vehicles. I can see a ton of repos on the horizon.

Emmett should be doing better soon as the repo orders come in

[Jeff]

I doubt it

I would like to know much energy was consumed to produce the 700000 functional clunkers that they destroyed?

Not to mention a paid for vehicle. Now we have a bunch of people in debt when they had running paid for vehicles. I can see a ton of repos on the horizon.

Emmett should be doing better soon as the repo orders come in

LOL I bet Emmett was standing on the street corner telling all what a great deal this was, with in a year ol Emmett will be a millionaire, lol

[red states rule]

LOL I bet Emmett was standing on the street corner telling all what a great deal this was, with in a year ol Emmett will be a millionaire, lol

Repos, defaults, unemployment, and foreclosures and being highly stimulated by Obama's economic policies

How is that hope and change going for you?

[Jeff]

Honestly this bastard has made it where I know run 7 days a week and am only averaging 3500 miles a week, I use to run 5 and a 1/2 days a week and get anywhere between 3500 and 5000 miles a week, seems the freight is now so cheap that we sit after every drop waiting for the broker's to come up on the price and then run all night to make the deliver on time,

The best part is there are those on here that will say hell he is only a lonely trucker, LOL, but guess where the money difference is going to be passed onto, you got it the consumer, LOL, so Ya'll can thank Obama

[Joyful HoneyBee]

I doubt it

I would like to know much energy was consumed to produce the 700000 functional clunkers that they destroyed?

Not to mention a paid for vehicle. Now we have a bunch of people in debt when they had running paid for vehicles. I can see a ton of repos on the horizon.

Emmett should be doing better soon as the repo orders come in

It is just a matter of time before the whole vicious cycle re-runs itself. They're getting people into new car payment, new house payments, soon they'll inflate property values again and sell houses for more than they are actually worth (again). Wall Street will start swapping CDO's again and it will collapse all over again. This garbage is bound to be recycled unless someone with common sense steps in and stops it all.

I give it about three or four months before people start defaulting on their new auto loans, right about the time for Christmas shopping when people will overuse their credit cards and get in over their heads. If folks couldn't resist the urge to jump in with both feet, they'll be in hot water over their heads.

But, hey...good for Emmett. He may be able to enjoy the fruits of Obamanomics soon.

[red states rule]

It is just a matter of time before the whole vicious cycle re-runs itself. They're getting people into new car payment, new house payments, soon they'll inflate property values again and sell houses for more than they are actually worth (again). Wall Street will start swapping CDO's again and it will collapse all over again. This garbage is bound to be recycled unless someone with common sense steps in and stops it all.

I give it about three or four months before people start defaulting on their new auto loans, right about the time for Christmas shopping when people will overuse their credit cards and get in over their heads. If folks couldn't resist the urge to jump in with both feet, they'll be in hot water over their heads.

But, hey...good for Emmett. He may be able to enjoy the fruits of Obamanomics soon.

Gee what are some other stupid ideas the Democrat/Enviromental wackos going to come up with next?

Obamacare and Cap and Trade come to mind

Don't forget the inevitable spike in used car prices. That should help the poor and middle class

Emmett please remember MY CAR IS PAID FOR

[cat slave]

Ya reckon if ya forward this to the messiah he might figure it out ?

Only if someone puts it on his telepromptor.