Cash for Clunkers Success

[Riot]

Originally Posted by Cannon Shell

I said nothing of the sort. Simply pointed out that Palin's talk of them caused scurrying among the healthcare pushers to amend their bills. I guess she isnt that dumb afterall considering the massive amount of backtracking your people made? You are a google intellectual. You really have no comprehension of the issues but if given the time will be able to google up something that proves your point or simply fall back to your Fox news or Bush rabble. Here is one of your fav sites..they dont much like this Obamacare crap either

http://www.salon.com/opinion/paglia/...12/town_halls/

LOL - You can't be serious. And you say I have no comprehension of the issues? <g>

First, there are no "death panels". There are provisions for people, families, to discuss with their doctors if they want living wills, if they want to be kept alive on machines, etc. This is a decision families and the patient makes. The government has nothing to do with it. However, it will be paid for.

This is the same thing the GOP put into Medicare two years ago. You know, the same GOP that are now screaming "Death Panels" !!!

Sarah Palin is a moronic idiot. The Senate took out that provision before they went on recess. That was the beginning of August. The Senate is still in recess. This happened before Caribou Barbie posted that Obamas Death Panel was going to determine if her Down Baby would live, depending upon his contribution to society.

Did I mention Sarah Palin is a moronic idiot?

Then, a couple days later, Sarah Palin - who must have discovered there was no "Death Panel" provision in the Senate bill - took credit for getting it taken out. Amazing feat, as the Senate isn't even in session, and the provision isn't in the Senate bill to start with.

Did I mention Sarah Palin is a moronic idiot?

Your focus on personal insults are nothing more than the foot-stomping temper tantrum of last resort by the person with no arguments.

BTW, you might "google" a little more, you may become better educated on healthcare reform. But I doubt it.

And it appears today that the government option isn't going to be dropped. Keep up.

[dellinger63]

Originally Posted by Riot

Responsible people will pay less. Period.

How because you say so ?

If more card issuers will charge annual fees, up from the current 20 percent that do so today, they make their cards "variable rate" cards, subject to an index such as the prime rate, plus a few percentage points, and they will be cutting back on reward programs, or making it more difficult to earn or redeem points. And some have started charging a fee of as much as 5 percent for transferring a balance, how does that lead to responsible people paying less? Same logic of spending your way out of bankruptcy IMO.

[Riot]

Originally Posted by dellinger63

How because you say so ?

If more card issuers will charge annual fees, up from the current 20 percent that do so today, they make their cards "variable rate" cards, subject to an index such as the prime rate, plus a few percentage points, and they will be cutting back on reward programs, or making it more difficult to earn or redeem points. And some have started charging a fee of as much as 5 percent for transferring a balance, how does that lead to responsible people paying less? Same logic of spending your way out of bankruptcy IMO.

How about all the good things the bill is doing? Just ignore that?

You should attack the credit card companies for getting in one final effort to screw you, their customer, before they no longer can.

Attacking the people that put the locks on the credit card companies is ridiculous.

But you guys go right ahead, it's all you've got

[dellinger63]

Originally Posted by Riot

How about all the good things the bill is doing? Just ignore that?
You should attack the credit card companies for getting in one final effort to screw you, their customer, before they no longer can.

Attacking the people that put the locks on the credit card companies is ridiculous.

But you guys go right ahead, it's all you've got

The new bill does nothing for the 'responsible people' it's for the 'irresponsible people' who are willing to sign anything regardless of interest rate or terms for more credit and the simpletons who need a week in order to fill out a check. The only responsible people who are going to benefit from this are the ones that get screwed with by the Post Office. Yet another reason why 'responsible people' want the Government nowhere near their health care.

[Riot]

Originally Posted by dellinger63

The new bill does nothing for the 'responsible people' it's ....

Your opinion.

[Cannon Shell]

Originally Posted by Riot

Responsible people will pay less. Period.

In what world?

[Cannon Shell]

Originally Posted by Riot

LOL - You can't be serious. And you say I have no comprehension of the issues? <g>

First, there are no "death panels". There are provisions for people, families, to discuss with their doctors if they want living wills, if they want to be kept alive on machines, etc. This is a decision families and the patient makes. The government has nothing to do with it. However, it will be paid for.

This is the same thing the GOP put into Medicare two years ago. You know, the same GOP that are now screaming "Death Panels" !!!

Sarah Palin is a moronic idiot. The Senate took out that provision before they went on recess. That was the beginning of August. The Senate is still in recess. This happened before Caribou Barbie posted that Obamas Death Panel was going to determine if her Down Baby would live, depending upon his contribution to society.

Did I mention Sarah Palin is a moronic idiot?

Then, a couple days later, Sarah Palin - who must have discovered there was no "Death Panel" provision in the Senate bill - took credit for getting it taken out. Amazing feat, as the Senate isn't even in session, and the provision isn't in the Senate bill to start with.

Did I mention Sarah Palin is a moronic idiot?

Your focus on personal insults are nothing more than the foot-stomping temper tantrum of last resort by the person with no arguments.

BTW, you might "google" a little more, you may become better educated on healthcare reform. But I doubt it.

And it appears today that the government option isn't going to be dropped. Keep up.

http://online.wsj.com/article/SB1000...mostcommentart

[Cannon Shell]

Originally Posted by Riot

How about all the good things the bill is doing? Just ignore that?

You should attack the credit card companies for getting in one final effort to screw you, their customer, before they no longer can.

Attacking the people that put the locks on the credit card companies is ridiculous.

But you guys go right ahead, it's all you've got

Your kidding right? Despite your swooning over it, the bill doesnt do much for responsible consumers. You posted a link that spelled out why. Didn't you read it? No one attacked anyone but you. We simply pointed out the flaws in thinking that the responsibile consumer is somehow helped out. They arent. We all know the creditcard companies are dirtbags.

[Cannon Shell]

Originally Posted by Riot

Your opinion.

If more card issuers will charge annual fees, up from the current 20 percent that do so today, they make their cards "variable rate" cards, subject to an index such as the prime rate, plus a few percentage points, and they will be cutting back on reward programs, or making it more difficult to earn or redeem points. And some have started charging a fee of as much as 5 percent for transferring a balance, how does that lead to responsible people paying less? Same logic of spending your way out of bankruptcy IMO.

from an earlier Dell post

[dellinger63]

Originally Posted by Cannon Shell

If more card issuers will charge annual fees, up from the current 20 percent that do so today, they make their cards "variable rate" cards, subject to an index such as the prime rate, plus a few percentage points, and they will be cutting back on reward programs, or making it more difficult to earn or redeem points. And some have started charging a fee of as much as 5 percent for transferring a balance, how does that lead to responsible people paying less? Same logic of spending your way out of bankruptcy IMO.

from an earlier Dell post

she's gonna go to the 'Carter' move soon LOL

I think I'm catching on. Logic means nothing and hope is everything.

[Riot]

DETROIT (AP) today -- Higher sales, in part from the government's Cash for Clunkers program, are spurring General Motors Co. to boost production at several of its factories.

The automaker said Tuesday it will add 60,000 vehicles to its production in the third and mainly the fourth quarter. It will also bring back about 1,350 laid-off workers in the U.S. and Canada.
GM will add a shift to its CAMI factory in Ingersoll, Ontario, where the new Chevrolet Equinox and GMC Terrain midsize crossover vehicles are made. The company's Lordstown, Ohio, assembly plant, where the Chevrolet Cobalt and Pontiac G5 are made, also will see additional shifts.
-------------

Good news those folks are going back to work.

[dellinger63]

Originally Posted by Riot

DETROIT (AP) today -- Higher sales, in part from the government's Cash for Clunkers program, are spurring General Motors Co. to boost production at several of its factories.

The automaker said Tuesday it will add 60,000 vehicles to its production in the third and mainly the fourth quarter. It will also bring back about 1,350 laid-off workers in the U.S. and Canada.
GM will add a shift to its CAMI factory in Ingersoll, Ontario, where the new Chevrolet Equinox and GMC Terrain midsize crossover vehicles are made. The company's Lordstown, Ohio, assembly plant, where the Chevrolet Cobalt and Pontiac G5 are made, also will see additional shifts.
-------------

Good news those folks are going back to work.

yea but bad news to the people who put up 3 billion plus administrative costs incuding extra workers to get a portion of a whole 1,350 jobs back. Hooray!!!! You the Man!

[Cannon Shell]

Originally Posted by Riot

Responsible people will pay less. Period.

http://www.dailyfinance.com/2009/08/...dit-card-laws/

Since you wont bother to read the link I will highlight some things for you.

When the new credit card laws officially start today, millions of Americans will see a host of improvements on their accounts; unfortunately, many have already begun to see higher interest rates.

People with cards from American Express (AXP), JP Morgan Chase (JPM), Citigroup (C), Discover (DFS), Capital One (COF) and others have been reporting increases even if they've never made a late payment and have excellent credit scores

For people who have lost their jobs, rapid interest rate increases and minimum payment changes put even more strain on their budget and will push them even faster toward bankruptcy


Many credit card issuers are getting rid of fixed rate cards completely and instead offering variable rate cards set to an index. That way they don't have to send notices at all. As the index rate goes up, so does the credit card rate. This method enables them to avoid the protections in the new law.


cardholders can expect to see more fees added on to their accounts. For example, some cards are starting to charge a fee to reinstate rewards points if customers are late on a bill, and it seems likely that they'll find other fee innovations before the new law takes effect in February 2010.

Ultimately, with higher fees and interest rates pushing more customers in default, everyone loses

[Danzig]

Originally Posted by dellinger63

yea but bad news to the people who put up 3 billion plus administrative costs incuding extra workers to get a portion of a whole 1,350 jobs back. Hooray!!!! You the Man!

tens of thousands laid off...the 1350 getting recalled is a drop in the bucket, and unworthy of a big hooray.

[Danzig]

Originally Posted by Cannon Shell

http://www.dailyfinance.com/2009/08/...dit-card-laws/

Since you wont bother to read the link I will highlight some things for you.

When the new credit card laws officially start today, millions of Americans will see a host of improvements on their accounts; unfortunately, many have already begun to see higher interest rates.

People with cards from American Express (AXP), JP Morgan Chase (JPM), Citigroup (C), Discover (DFS), Capital One (COF) and others have been reporting increases even if they've never made a late payment and have excellent credit scores

For people who have lost their jobs, rapid interest rate increases and minimum payment changes put even more strain on their budget and will push them even faster toward bankruptcy


Many credit card issuers are getting rid of fixed rate cards completely and instead offering variable rate cards set to an index. That way they don't have to send notices at all. As the index rate goes up, so does the credit card rate. This method enables them to avoid the protections in the new law.


cardholders can expect to see more fees added on to their accounts. For example, some cards are starting to charge a fee to reinstate rewards points if customers are late on a bill, and it seems likely that they'll find other fee innovations before the new law takes effect in February 2010.

Ultimately, with higher fees and interest rates pushing more customers in default, everyone loses

from what i've read, a lot of folks with good credit are seeing their rates go up-everyone will see that happen. it's not as tho the companies will not attempt to keep their bottom line where it is...

[dellinger63]

[quote=Danzig]from what i've read, a lot of folks with good credit are seeing their rates go up-everyone will see that happen. it's not as tho the companies will not attempt to keep their bottom line where it is...[/QUOTE]

Including insurance companies who write health policies.

[Riot]

[quote=dellinger63
Including insurance companies who write health policies.[/QUOTE]

But as someone who believes that only people that can afford to pay for health insurance deserve good health care, you're good with that. In your life, you'll never be priced out of health insurance, or be rescinded, or be refused to be covered for any pre-existing condition

[Riot]

People going back to work in America is unworthy of a big hooray?

Except that far more than 1350 people are affected. The families who now can come off unemployment, food stamps, and Medicaid (that makes me happy, because I help pay for that), and keep their houses, buy groceries, and have a little disposable income to put back into their local economy and keep them solvent and maybe cause some new hires (like florists, the local pizza place, the dry cleaner); in addition to the couple of thousand jobs associated with ancillary industries that feed parts and materials into GM autos and depend upon that industry - steel, plastics, manufacturing parts industries - that will also have to rehire people and increase production to meet the needs of their client GM.

The recession isn't going to end magically all at once, with everyone going back to work all at once. Every step in the right direction is good.

[Riot]

Ultimately, with higher fees and interest rates pushing more customers in default, everyone loses

Yes, Cannon, the first thing that should be done is that the loan-shark consumer revolving credit industry should be left completely alone as it is now, because all that matters in the economy and the lives of consumers is the next week - not the next 10-20 years.

[dellinger63]

Originally Posted by Riot

But as someone who believes that only people that can afford to pay for health insurance deserve good health care, you're good with that. In your life, you'll never be priced out of health insurance, or be rescinded, or be refused to be covered for any pre-existing condition

If a fat tub of lard is going to be charged a premium on his policy becaue he's sitting on a grabber or he's a man whore/drug abuser oozing in disease and somehow I have to pitch in with everyone else (oops should say those who pay taxes) to make his payment equal to mine so he can continue his desert? No I'm not good with that. Not at all.