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Discussion Starter #1
So let me get this straight. The US government gives billions to banks and investment firms to recover the economy. They find out the companies are not putting the money back into the economy and using it for themselves with little to no effect on the economy so far. Then they come up with a plan that is a great success to stimulate sales with the great idea of a program (cash for clunkers) that could have a great impact on the economy and they totally blunder the program so far:)sphss.

Now they want to run the health care system... priceless.:)sphss
 

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They have already run out of money for the clunker program! What the heck will happen with health care? No thanks O!:|err
 

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Discussion Starter #6
They have already run out of money for the clunker program! What the heck will happen with health care? No thanks O!:|err

No they did not run out of money, they are passing more money for it, they underestimated the success of the program. That was part of my point, they don't recognize what helps the economy.;)
 

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No they did not run out of money, they are passing more money for it, they underestimated the success of the program. That was part of my point, they don't recognize what helps the economy.;)
But how long do we keep adding money to it, and for how long. Dealers are concerned they wont get paid before the money runs out. Some are having customers sign an addendum to the contract holding them liable if the government does not fund them.



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Marine Organism
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This will hurt all of us in the long run. Trickle down socialism.

It will hurt:

New car dealers and manufactures... because a more more will already have "new" cars than usual.

Used car dealers.

Mechanics.

Auto parts manufactures, distributors, and dealers.

People with less income that cannot afford a new car or the insurance that goes with it. What can they buy if this keeps up?

The printing of more money will further devalue the dollar.

Am I missing anything? :)sphss More control of the masses. Right by the liberal/socialist playbook.
 

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The Health care reform is scary for me.
My wife and I both work in the manufacture of a prosthetic. (prescription eyeglasses)
I'm afraid to see how this will be affected.
 

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Discussion Starter #10
But how long do we keep adding money to it, and for how long. Dealers are concerned they wont get paid before the money runs out. Some are having customers sign an addendum to the contract holding them liable if the government does not fund them.

That's why its a "blunder". If it ran smoothly I wouldn't have a point to the thread, would I? :)sphss
 

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Discussion Starter #11
This will hurt all of us in the long run. Trickle down socialism.

It will hurt:

New car dealers and manufactures... because a more more will already have "new" cars than usual.

Used car dealers.

Mechanics.

Auto parts manufactures, distributors, and dealers.

People with less income that cannot afford a new car or the insurance that goes with it. What can they buy if this keeps up?

The printing of more money will further devalue the dollar.

Am I missing anything? :)sphss More control of the masses. Right by the liberal/socialist playbook.

I heard a number of about 40, 000 cars have gone through the program and we have over 60 million in the US, hardly a dent.

Are new cars made from thin air or does someone make the parts for those? What about warranty work at all the dealerships, someone needs to do it?
 

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No they did not run out of money, they are passing more money for it, they underestimated the success of the program. That was part of my point, they don't recognize what helps the economy.;)
WASHINGTON – The government's popular "cash for clunkers" program may be running out of money after only a matter of days as car shoppers flock to dealerships to take advantage of the rebates.
The White House said Thursday it was assessing its options amid concerns the $1 billion budget for rebates for new car sales may have been depleted. The program officially began last week and has been heavily publicized by automakers and dealers.


If they can't properly implement a program to buy back "clunkers," how can I trust "them" with something as serious as my health?
 

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If they can't properly implement a program to buy back "clunkers," how can I trust "them" with something as serious as my health?
YOU CAN'T!!!
That was simple.
Next Question?

Sorry, I'm just so pissed off about this whole thing.
I spoke with some dealers, and they are required to take the vehicle in, drain the oil, and run it to seize the motor.
The vehicle must then be shredded, can not be parted out.
Isn't this against the idea of recycling?
Why not use the parts on other vehicles, instead of melting them down to the base materials?
I considered it recycling when I wore hand me down clothes, wouldn't this be the same.
 

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"On the road again..."
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YOU CAN'T!!!
That was simple.
Next Question?

Sorry, I'm just so pissed off about this whole thing.
I spoke with some dealers, and they are required to take the vehicle in, drain the oil, and run it to seize the motor.
The vehicle must then be shredded, can not be parted out.
Isn't this against the idea of recycling?
Why not use the parts on other vehicles, instead of melting them down to the base materials?
I considered it recycling when I wore hand me down clothes, wouldn't this be the same.
Probably got a deal going with China to sell the scrap and apply the proceeds to our debt.....

Question: I've not really followed the whole deal. Is the plan just for GM purchases or is it available to all companies?

If just GM, I'd be curious about legal aspects....
 

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Probably got a deal going with China to sell the scrap and apply the proceeds to our debt.....

Question: I've not really followed the whole deal. Is the plan just for GM purchases or is it available to all companies?

If just GM, I'd be curious about legal aspects....
You're most likely right about the scrap sales.

As far as the legality, What's the difference? The Admin is already trampling all over the Constitution as if it was written by Mr. Whipple on a roll of Charmin.

I don't know if there is any exclusivity to manufacture as far as the structure of "the plan".
Regardless, in the end it's all BS and is a bad deal for everyone of us, no matter which side of the aisle you associate.
 

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Marine Organism
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I heard a number of about 40, 000 cars have gone through the program and we have over 60 million in the US, hardly a dent.

Are new cars made from thin air or does someone make the parts for those? What about warranty work at all the dealerships, someone needs to do it?
Okay, you are all for an unconventional way to restart the economy.???

What about the poor people that can't buy a good cheap used car NOW?

Ride the bus?:)sphss

You can't see the big picture. ;)
 

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This had Obamanomics written all over it from the start. Since when was not recycling functional equipment wiser than printing money to destroy it? This clown and his circus are simply proving all our points about the dumbing of our Nation.
 

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Good points Doctor.

Think about this.

Each car taken in is costing US the taxpayer $3500 or $4500. The person trading in the vehicle is only gaining the difference of what their car was worth and what they received for the CARS trade in allowance.

And on top of all this, I think the dealers are only clearing out stale inventory that has probably been sitting on the lot for a while that they would have had to discount to move.

Are they going to restock their lots with all new inventory right now? Or wait and order the 2010 models like they would have anyway.

Just thinking out loud. We the taxpayer are paying for this stuff. Only people that had old junk cars and needed a better one got this tax break.
 

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And what's next? $1000 if you buy a new refrigerator? (I might be all over that, I'd love to have Ice and water in the door). Or maybe $500 for a new washer? Or maybe a dryer too?

Oh wait, the government doesn't own an appliance manufacturer (or do we?).

How about buying everyone some solar panels? :)hand
 
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