Comments on: Uncle Jay Explains: Jan. 19, 2009

By: Elize

Elize — Thu, 26 Feb 2009 19:29:27 +0000

Dear Uncle Jay,
How do you think John Mc Cain feels about losing the election to a Demacrat?

Elize age 6

By: truecardinal

truecardinal — Fri, 30 Jan 2009 02:09:28 +0000

I LOVE this show!

By: mary ann vassanelli

mary ann vassanelli — Tue, 27 Jan 2009 07:39:55 +0000

Isn’t he great

By: Elaine, Kirkwood MO

Elaine, Kirkwood MO — Mon, 26 Jan 2009 07:14:32 +0000

Hi Everybody,
I really enjoy all of Uncle Jay’s videos. He’s very witty and does a great job of explaining the news and answering perplexing and puzzling qestions. I think they should give him a segment on Fox News Network – it would add a little pizazz to their lineup. Since Uncle Jay isn’t being paid the big bucks yet I hope that all of you will join me in putting at least $1 in his jar via Paypal or some other payment system. I think that if we all put in $1 it would be momentous and help give Uncle Jay some salvation.
In all serious-ness put your money where your mouth is and say thanks Uncle Jay.

By: Diane

Diane — Sat, 24 Jan 2009 21:08:52 +0000

People need to remember that Mr. Obama hails from Chicago or, as a dear friend of mine puts it, “the political cesspool known as the city of Chicago, county of Cook in the State of Illinois.” Be patient and remember the Chinese curse – may you live in interesting times. Times are probably going to get very interesting.

By: Ms.

Ms. — Sat, 24 Jan 2009 15:12:22 +0000

Andrew, you need to take some more math classes. Your figures are terribly skewed.

By: B-Dorf

B-Dorf — Sat, 24 Jan 2009 04:00:46 +0000

Uncle Jay, I must say that without your news programs I would be lost in the world. I especially like the song programs that you do, but that’s off-topic.

Now, to comment on the ongoing discussion, that economic “solution” may seem nice for you as a spender, just getting a million bucks. However, like kd of va said, that would add 304 trillion bucks of debt. Plus, as we’ve seen already, nobody actually knows how to spend their money. Darwinism has to come into play here, the survival of the fittest, applying to business. If a company dies, it dies. End of story, not like Lehman Brothers, Fannie Mae, Freddie Mac, Ford, GM, and Chrysler. The companies must be allowed to fall to make room for a company to take their place. The banks have the right idea, buying each other out when they are going out of business, aka “combination.” In fact, the owners of these companies have no idea what they’re doing. One of the owners of these companies, while at Capitol Hill, said that they hadn’t satisfied their customers. The headlines showed this, but afterwards, it didn’t appear in the headline listing. I wonder what happened to that headline, perhaps the lawyers interfered? Oh, well…

If the government just gives away money, then nothing good will happen. Thank you.

By: Bart Gibb

Bart Gibb — Fri, 23 Jan 2009 17:49:26 +0000

Uncle Jay,
Obviously Mr. Osborne uses Political Math, aka. incorrect math. However, my fellow Americans, you need to understand that even if the President Obama had 304 trillion to distribute, that would not fix anything. That would create nothing but INFLATION. Say it with me, “INFLATION”. In this instance it would mean that the money supply has been diluted. In other words, the value of each dollar has decreased in proportion to the increase in the paper money supply. (See the Weimar Republic for more info.)

Even Mr. Obama sent us all $2300 each, that would also be inflationary, just not as bad. The problem with the distributing funds is that it is rarely “VALUE” based. Government distribution of money either entails redistribution ( which is a disincentive for producers to produce (aka. increase value) or printing money (aka. inflation). Neither is good economically.

These concepts are exactly what Hoover and FDR did in the early 1930’s, the consequence of which was to turn what might have been a two to three year recession into a 10 year depression. Luckily for us Bush and Obama have history to learn from. Which explains why they are doing, or planning to do, precisely the same thing. Brilliant! If they did absolutely nothing, we’d be out of this in a year or so. But Obama will not want to be seen as doing nothing. Therefore he will do something, which is either redistribute funds or increase the money supply. That is all the government is able to do. Only the free market creates value.

By: Brad of MO

Brad of MO — Fri, 23 Jan 2009 16:18:52 +0000

Andrew -

your theory is mathematically flawed and erroneous in your expected result.

Give everyone $1 million, and there will be no convenience store workers, no WallyWorld door greeters, and no other minimum wage employees. Without them, all prices go up to get ‘good’ help and we’re back where we started.

If a business fails, it fails. It’s competitors and/or new businesses will find a way to capture their old business and hopefully even improve it. That’s the joy of being a capitalistic economy – make something, make something better, or service something that’s made.

Have fun!

By: kd of va

kd of va — Thu, 22 Jan 2009 15:04:21 +0000

Andrew Osborne and Mélanie Roy, Please do not complete your own tax returns, Your multiplication will have you missing payments like Pres. B.O. appointee to treasury.
1milllion x 304 million= 304,000,000,000,000 trillion