"Cash For Clunkers" Was Conceived By China. Not Obama!
Submitted by Daddy WarBucks on Thu, 02/25/2010 - 11:21
China didn't want U.S. Dollars for their exports, so they demanded scrap metal...clunkers instead of USD's.
You can fast forward to 12:00 and hear about it.
http://www.youtube.com/watch?v=eZA0qNsf4m0&feature=player_em...
Here are all of the National Inflation Videos.
the steel and cash for Asia program
Roughly one half of all product sold in the cash for clunkers program was foreign made. That includes the over 20+% foreign content of domestic cars and the 60+% of foreign brand name cars assembled in the US plus imported cars.
Korean manufactured cars were the really big winner in this program. Maybe we will have to start scrapping our bridges next.
think about it
Buy or get for scrap price..MFG. send it back at the premium rate & collect interest on everything to boot..
China isn't loaning us money for nothing.
You need to remember , It's not the Chiness..It is corporations from around the World operating in China..
You know , the corps you made a profit for in the past who claimed to be an American company..The one you gave your heart & soul to for a paycheck..
Their way of thanking you is to force you to buy into the US healthcare bill..They threw us to the Wolves.
And I'm only a highschool grad who observes..I've been around too long..I used to be in business so I know the angles, they are using..
Is there any other source that you have for this claim?
Other than the Asian looking market owner who said it? I'd like to look into it further.
Just remember
Who is it that is producing ? NOT the USA
WE are living off of past earnings..Where did you think they got money to bail out the banks ..YOUR savings ..We buy from China, while exporting what?
Loans come with a price tag..I never knew of a loan without an origination fee stuck somewhere..
When we are out of past earnings, then look up.
Yes your right, but
This theft of metals has been going on for some time..
What's the reason they wanted no more junk sitting in your back yard ? Yes they have exploited the individual for their policy & profit..
We no longer have rough resources setting around to bypas their systems..Forced confiscation has already been done..
Code enforcement.
Not even a fender!
I know a guy who "collects" cars, he got hassled by building & safety in L.A. and they said he couldn't even have a fender in his own back yard!
This sceem is about more than steel
By confiscating & directing old metals to the scrap yard they now bring to subjection the purchaser & user of the metal ..Who can buy & sell..You will begin the procces of the MARK system..Keeping track of everything has begun..They brought into the system that which WAS untracable..Now they control it all..
That's my hobby too.I guess
That's my hobby too.
I guess the long term plan would be to stockpile scrap and steel and make provision for the future to be able to melt it for local manufacturing.
And I live near "steel city" Pittsburgh where we have idle steel mills.
"GINO" = Government In Name Only
I had this happen to me a while back
I was so upset that I started looking into it and found that the Code Enforcement officer's family owned the big scrap metal yard that she had suggested I have come and get it all.The suggestion of this place came in the first sentence as the warning did.
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It's been right under our
It's been right under our noses.
WTC steel went to China too. Wonder what the details of that deal were.
"GINO" = Government In Name Only
You have me curious now
?
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