Auto bailout

jimz · 2008-12-12T12:14:15+00:00

Simple.Give a 5-8K tax credit to anyone who buys a car fromthe big 3. This would actually SELL cars, help the consumersand the auto companies at the same time.This would work, cost far less , andget things moving again.But Washington does not want to take this route because there would be nothing in it for them.The market will crash today.The dollar will follow.US currency 2012 -- .22 long rifles.God Help the USA.

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F. George McDuffee 17 years ago

================ When the 10 post ww2 recessions are examine the following is discovered:

Recession President party November 1948 ? October 1949 Truman D July 1953 ? August 1954* Eisenhower R July 1957 ? April 1958* Eisenhower R May 1960 ? February 1961* Eisenhower R Nov 1969 ? Nov 1970 Nixon R Nov 1973 ? March 1975 Ford R January 1980 ? July 1980 Carter D July 1981 ? Nov 1982 Reagan R July 1990 ? March 1991 GBush R December 2007 ? ? WBush R

---------------------------------------------------------------

*collectively know as the Eisenhower prosperity years" :-< # of Rs -- 8 # of Ds -- 2

source:

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Does anyone else see a pattern here?

Unka' George [George McDuffee]

------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625).

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F. George McDuffee 17 years ago

-------- If anyone is interested I did a quick regression on the party of the president and the existence of a recession. There is a

*SMALL* positive statistical correlation r^2 = 0.05 but not as large as the R=8, D= 2 data indicates. Partially because of the different amount of time of each party in office and also because of the difference in the lengths of the recession. I did not consider the depth.

There were a total of 756 months of data There were 121 months of recessions. Republicans were president for 431 of these months.

for a copy of the analysis and data file in xls format click on

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is by month for the period Jan 1950 - Dec 2008

Unka' George [George McDuffee]

------------------------------------------- He that will not apply new remedies, must expect new evils: for Time is the greatest innovator: and if Time, of course, alter things to the worse, and wisdom and counsel shall not alter them to the better, what shall be the end?

Francis Bacon (1561-1626), English philosopher, essayist, statesman. Essays, "Of Innovations" (1597-1625).

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J

John R. Carroll 17 years ago

I know better George but can see how you mught have thought otherwise. As a matter od fact, tha was exactly what I was saying. It isn't about the "Peeps" as the kids today would say. It's about the juice.

JC

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