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More stupid results from stupid ideas from a stupid President


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2015 Jun 29, 11:45am   2,835 views  13 comments

by Tenpoundbass   ➕follow (9)   💰tip   ignore  

http://money.cnn.com/2015/06/23/news/economy/home-energy-efficiency/index.html?iid=ob_homepage_tech_pool&iid=obnetwork

Maybe think twice before adding new home insulation.
A new study from the University of Chicago and University of California Berkeley says making a home more energy efficient costs twice what it saves in energy bills.

The study looked at over 30,000 low-income Michigan homeowners who qualified for federal money to upgrade their homes. The funds went toward things like new furnaces, insulation and weather stripping under the Weatherization Assistance Program -- a longstanding Energy Department program that got $5 billion in stimulus funding. It was referred to by some as "cash for caulkers" -- a reference to a program that paid people to get rid of their old cars known commonly as "cash for clunkers."
The Michigan homeowners got an average of $5,100 to make the retrofits, the study found. The measures cut energy consumption around 20%. But the savings are estimated at just $2,400 over the lifetime of the upgrades -- half of what was projected.

But it cash for clunkers was a smashing success. It took away the right of passage to drive and be self sufficient, now this demographic wont be able to drive until they are at least 27, that's if the college career they chose will actually produce a living wage. As now your average used drivable car starts at $3500(and that's for something you know is going to need major mechanical work throughout every year) the most basic new car now starts at $21,000K but hey if you can't afford it, then buy a 6 year old car for only about 30% less than a new car. Before cash for clunkers a car was essentially worthless after it was paid off. Now any car that can start is an asset. You can now get $1200 for any junk car(are they still getting rebates from the government?).

Anyway, but yeah! Cash for caulkers was a huge waste of money.

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1   Tenpoundbass   2015 Jun 29, 12:15pm  

"Most" being the operative word here.

Unless you want to drive a roller skate stripped down base model entry car.
But those entry level cars account for only a small fraction. In fact dealers keep a limited stock of the 16K-21K models.
Unless they are the Grand Touring models of those skate cars and command an extra $6K.

2   HydroCabron   2015 Jun 29, 12:15pm  

This doesn't matter, because it didn't raise your electric bill.

3   Tenpoundbass   2015 Jun 29, 12:28pm  

You're quibbling with me over $2.5k on a cars sticker price?

Anything over $15K $9K the cars might as well be going for $100K in this economy.

4   Shaman   2015 Jun 29, 3:00pm  

I made my place energy efficient and its cut my electric bill in half or better. It used to range from $150-225 and now it ranges from $45-125. That was 6 windows and one sliding door, around $4000, with most of that being the door. Did the windows myself at around $175-300 each. Installed LED bulbs around the house at about $1000 for all. That way if the kids leave the lights on it's okay. I guess after two years I've recouped about $2400 of my $5000 investment. Give it another two years and it'll be paid for. My house will also sell for more and sell faster because of the upgrades. So I'd have to disagree that energy efficient upgrades don't make sense. They make a lot of sense, actually. Less energy use on a wide scale also helps bring down energy costs and prevents rationing when the grid maxes out.

5   Dan8267   2015 Jun 29, 5:15pm  

CaptainShuddup says

More stupid results from stupid ideas from a stupid President

Obama is a lot of bad things. Stupid ain't one of them. George W. Bush was stupid.

6   Tenpoundbass   2015 Jun 29, 5:21pm  

He's dumber than the nurse at a hillbilly brisk.

He didn't do a damn thing last week but sing Amazing Grace.

Shit goes to hell around him and he comes out singing a song and smelling like roses.

7   Strategist   2015 Jun 29, 6:20pm  

CaptainShuddup says

He's dumber than the nurse at a hillbilly brisk.

He didn't do a damn thing last week but sing Amazing Grace.

Shit goes to hell around him and he comes out singing a song and smelling like roses.

Captain, you had a bad week with the victories Obama celebrated last week. So we're going easy on you this week. Next week will be a whole new week. You know Apocalypse hasn't eaten in a week.

8   Strategist   2015 Jun 29, 6:40pm  

Cull it Crazy says

CaptainShuddup says

Shit goes to hell around him and he comes out singing a song and smelling like roses.

That's because the shit storm is raging only in the GOP world. That's why you're in such a shitty mood. Go take a dump and think about it.

he he he. Well he has been full of shit, even more than usual.

9   HEY YOU   2015 Jun 29, 6:55pm  

What stupid has G.W.Bush done now?

Paying more than 10% of MSRP for a car is another brilliant financial move. One can park it the garage they overpaid for.
It's cool to throw one's money away.

10   marcus   2015 Jun 29, 9:24pm  

CaptainShuddup says

More stupid results from stupid ideas from a stupid President

Yeah, things are just getting worse and worse for Omama (NOT).

http://www.vox.com/2015/6/29/8852217/isis-tal-abyad-raqqa

http://soufangroup.com/tsg-intelbrief-crossing-the-rubicon-coalition-airstrikes-in-syria/

11   Ceffer   2015 Jun 29, 11:59pm  

DieBankOfAmericaPhukkingDie says

Obama wakes up every day in tears begging Michelle to shoot him.

Instead, she mounts a strap on and rapes him from behind while singing the Internationale and beats him unconscious with a chair leg.

That's only if she's in a good mood.

12   bob2356   2015 Jun 30, 3:55am  

CaptainShuddup says

As now your average used drivable car starts at $3500(and that's for something you know is going to need major mechanical work throughout every year) the most basic new car now starts at $21,000K but hey if you can't afford it, then buy a 6 year old car for only about 30% less than a new car.

It's a good thing you never let real life intrude in your world. Using something called the internet (you should try it sometime) I came up with 300 cars within 60 miles in the 3000-4000 dollar range that had between 80-120k. Cars in that mileage range don't need major mechanical work every year. I drive a couple 250k vehicles that don't need major mechanical work every year. But I keep on top of minor stuff before it becomes major stuff. There are 2 brand new 2015 fiesta's that pretty loaded (ac,pw,pdl,stereo,etc) sitting on my local dealers lot for 14k right now today. Edmunds says average depreciation in 6 years is 60%. But hey what would edmunds know, they are just the largest source of car pricing information. They certainly don't have the resources of the captain has. Like pulling shit out of his ass.

13   Tenpoundbass   2023 Nov 26, 9:06am  

I wonder if the Libs will ever come back and tell me I was right?

https://www.ericpetersautos.com/2023/11/26/what-cash-for-clunkers-was-really-all-about/

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