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#1
08-09-2009, 02:05 PM
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Cash for Clunkers Success
Top ten models sold
1: Ford Focus 2: Toyota Corolla 3: Honda Civic 4: Toyota Prius 5: Toyota Camry 6: Ford Escape 7: Hyundai Elantra 8: Dodge Caliber 9: Honda Fit 10: Chevrolet Cobalt [via CNN Money] So the program is a success? How? We spent billions to bail out GM and they have one model on the list ranked 10th. We then spend $3 billion to increase sales and Toyota and Honda dominate. Those people who were in the market for a new car no longer are and won't be for at least 5 years. But then the top ten clunkers turned in are ALL American made and of course means less service work for American dealers. Then the clunkers turned in are handed over at least in Chicago to mob controlled outfits to be parted out and scraped. So where's the success? Riot? Ford F-Series Ford Explorer Chevrolet C/K/Silverado Jeep Grand Cherokee Dodge Ram Chevrolet Blazer Jeep Cherokee Dodge Grand Caravan Dodge Dakota Ford Ranger
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“To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” Thomas Jefferson 
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#2
08-09-2009, 02:08 PM
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the govt continues to overstep its bounds with programs like this. again, is the money made from the sales of these cars worth the cost to the american taxpayer? are programs like these paying off in the end? or does it do more harm than good because of the cost incurred? oh, but wait...it's govt money, it's free! 
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#3
08-09-2009, 02:31 PM
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>> We spent billions to bail out GM and they have one model on the list >>ranked 10th. We then spend $3 billion to increase sales and Toyota and >>Honda dominate.
Damn the American public on their selection choices! Didn't they know they were supposed to buy only crappy cars that get poor gas mileage, even if those cars didn't qualify for the program? >> But then the top ten clunkers turned in are ALL American made and of course means less service work for American dealers. Shocking! Gosh darn it - we are Americans, it is our patriotic duty to continue buying crappy clunkers that cost us tons of money in exorbitant gasoline costs, and break down constantly, just to support the car dealers that sell such crap in the first place! Americans - give them a little freedom to choose, and look what they do with it.
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#4
08-09-2009, 02:40 PM
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__________________
“To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” Thomas Jefferson
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#5
08-09-2009, 02:52 PM
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__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#6
08-09-2009, 03:08 PM
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One point that is missed in all of this are the charitable companies that take 'clunkers' in for a donation, (tax deduction) fix them up and provide them back to people who can't afford a new car with the money made going to charitable causes. It's really not that hard to understand now is it? Maybe I'm forgetting the hole Hope thing as in you buy a piece of crap and Hope it doesn't break down.
__________________
“To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” Thomas Jefferson
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#7
08-09-2009, 03:50 PM
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 So your position is that people should be forced to buy crap? You should be comforted that the socialist takeover of of the auto companies by our government will result in cars that are fuel-efficient and that sell. Cash for Clunkers is a resounding success. Car dealers have had their best quarters in years. They are running out of new cars - thus the manufacturers have to gear up production. That creates and keeps jobs (the Taurus is coming back, btw) and spreads throughout all the manufacturing and ancillary segments that supports the auto industry (railroad and OTR transport, plastic companies, steel companies, etc) Crappy old cars that don't get good gas mileage and cost people alot in repairs (you pointed that out) are off the road in favor of new, more mileage-efficient cars that put more money in the pockets of people that own them, year after year, in lowered gas and repair costs. I see no reason to get angry, as you did, about people buying cars that will break down less, and cost their owners less money as a result. Gives people alot more money in their pockets to spend and help the economy recover. And those cars are manufactured in the US, thus providing jobs, jobs, jobs. And as Scuds pointed out, and a major goal of the clunkers program, was that we use less oil as a country, a very good thing, keeps us less dependent upon foreign oil and keeps the cost down by keeping demand down.
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#8
08-09-2009, 03:01 PM
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#9
08-09-2009, 03:08 PM
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the car companies should have offered the incentive-they could have afforded to do that with their bailout money. now, the govt bails them out, and then offers a rebate on top of it. twice the help at twice the price. but you're right, anything that takes $ away from those who want to commit acts of terror is a good thing.
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#10
08-09-2009, 03:35 PM
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30,000miles/ 25mpg =[1200gallons] x $3.50/gallon=[$4200/year] x 4years =$16.8k 30,000/15 = [2000] x $3.50=$7000 x 4= $28k Last edited by SCUDSBROTHER : 08-09-2009 at 03:50 PM.
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#11
08-09-2009, 03:41 PM
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It wasn't extra money given to offer customers rebates.
__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#12
08-09-2009, 07:14 PM
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#13
08-10-2009, 12:08 AM
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Anyone else think it won't play a part in reducing the amount of gas used by Americans? Join coach's club of f'n brilliance.
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#14
08-09-2009, 02:47 PM
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__________________
“To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” Thomas Jefferson
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#15
08-09-2009, 02:55 PM
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So if you and average Joe sixpack are far wiser than to be buying crappy cars, how is this plan a failure, based upon what YOU posted about why it was a failure?
__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
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#16
08-09-2009, 03:09 PM
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__________________
“To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” Thomas Jefferson
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#17
08-10-2009, 02:24 AM
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Ford F-Series Ford Explorer Chevrolet C/K/Silverado Jeep Grand Cherokee Dodge Ram Chevrolet Blazer Jeep Cherokee Dodge Grand Caravan Dodge Dakota Ford Ranger Now how many mpg are the following getting? 1: Ford Focus 2: Toyota Corolla 3: Honda Civic 4: Toyota Prius 5: Toyota Camry 6: Ford Escape 7: Hyundai Elantra 8: Dodge Caliber 9: Honda Fit 10: Chevrolet Cobalt Seriously? You're asking where the savings is? Gas, sir. A lot of it. That's a Government program that's working nicely to save gas. It maybe the smartest American Government program ever. Giving people an incentive to trade in gas guzzlers, and buy gas savers? Yea, it's a total no-brainer. Somebody was thinking.
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#18
08-10-2009, 11:03 AM
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#19
08-10-2009, 02:45 PM
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Sure...Brilliance indeed...They are all gunna pleasure drive the gas savings away...If you can't come up with a good argument, just sell a foolish one. They will buy anything in here (if you appear confident.)
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#20
08-10-2009, 03:10 PM
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Bailouts for financial firms and billions in tax revenue lost because of the recession drove the deficit to a record $1.3 trillion in July, according to the independent Congressional Budget Office (CBO). Tax receipts that have fallen due to the poor economy and increased spending to save car companies, banks and mortgage firms were major contributors to the federal deficit, according to CBO, which provides official budget numbers for Congress. The federal deficit grew by another $181 billion in July. Spending through July of 2009 has increased by $530 billion, which is 21 percent over the same period in 2008. The bailout money for banks, Freddie Mac and Fannie Mae accounted for almost half of the spending increase. Unemployment benefits have more than doubled, Medicaid spending has grown by a quarter and Medicare spending has increased by 11 percent. Tax revenue for the first three quarters of 2009 has fallen by approximately $350 billion, or 17 percent compared to the same period last year, due mostly to the effects of the recession on payroll, income and corporate taxes. A third of the decline is due to tax breaks in the stimulus, including the middle-class tax cut that President Obama campaigned on during last year's election. The independent budget scorekeeper has projected the deficit to reach $1.8 trillion by the end of the fiscal year, Sept. 30. The deficit in 2008 reached $455 billion, which was a record at the time. is the goal to increase the deficit cause if it is they're doing a heck of a job? Beating the previous record set by Bush by 395% is something to be proud of and we haven't even seen the effect this healthcare bill and cap and trade will be. Maybe the goal is 1000%.
__________________
“To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” Thomas Jefferson
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