But now, that other government spending, for seniors and healthcare? If only there was something that we could do about that.
More from the Bloomberg article: "Uncle Sam handed out your hard-earned tax dollars to prod people to scrap their old cars for more fuel-efficient models. The 'Cash for Clunkers' program sent auto sales on a roller coaster ride -- first up, then down -- in August and September. Some of those buyers would have purchased a new car or truck anyway. Others used the $4,500 rebate as an inducement to strike while the iron was hot."
"Paid to spend.
Just to recap: the government is paying people to do what they would have done at some point anyway."
Or, taken one step further in the healthcare debate, the government wants to spend money on people to do what they would have done at some point anyway. Die!
Outrageous? Not really. Wall Street contemplated its navel and in their vision they received the word. The word was money, and nothing else matters.
Abandon your value systems all ye who enter this domain. There is no good nor evil, no rightness or wrongness; there is only money.
The bodies pile up until the blood fills our shoes, but there is no outrage where money is God because they died in the service of God. There is just no reason to cry; God is good!
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