Cash for Clunkers Success

Antitrust32 · #1 08-14-2009, 09:31 AM

[quote=dellinger63]

Quote:

Originally Posted by Antitrust32

I'm busting out of retirement for this..

Are you kidding me?!?! That 3 bill better spent would just be wasted in some stupid govnt program that nobody would see a penny of. This money is ACTUALLY GOING INTO TAXPAYERS POCKETS! its unreal. I never thought I'd have a chance at 4500 of govnt cash.. QUOTE]

so we took 3 billion out of one pocket and put it into the other and we feel good? This isn't government cash there is no such thing. It is our cash! And to think dealers didn't take a part of each $4,500 rebate with higher costs is naive. The spare parts, frame and everything but the engine went to scrap yards and will be parted out and then salvaged. We see none of that money so in realty we get back approximately $3,000 of the $4,500. Now let's spend some money shoreing up the boarders and getting illegals back home and then look at the savings we'll see

come on man... the 3 bil was coming out of our pocket NO MATTER WHAT. At least we have the OPPORTUNITY to put it in the other pocket.. cant say that about 99.99999999999% of other govnt spending.

there are tons of things where the money is better off not spent. Unfortunatly it doesnt matter what we think cause the money is going to be spent. At least its not being spent on something we will never see. We can actually benefit from this.

This is the best thing Obama has done along with the stem cell research..

lets cut a really crappy program and use that money to shoreing up boarders. There are probably a few trillion programs out there that would be better to complain about than this one. 3 bill is like 5 cents to Obama.

dellinger63 · #2 08-14-2009, 09:50 AM

Lori I couldn't agree more concerning stem cell research. No one is forcing anyone to under go treatment and no one should tell someone else they can't. We'll just agree to disagree on the success of cash for clunkers.

geeker2 · #3 08-14-2009, 09:53 AM

Is it fair to say the majority of people that drive clunkers can not or could not afford newer cars?

If so, how is it they now can afford to make payments on a new car? Even with a $4500 down payment...

Sounds like the mortgage crisis all over again to me...or am I missing something?

dalakhani · #4 08-14-2009, 10:03 AM

Quote:

Originally Posted by geeker2

Is it fair to say the majority of people that drive clunkers can not or could not afford newer cars?

If so, how is it they now can afford to make payments on a new car? Even with a $4500 down payment...

Sounds like the mortgage crisis all over again to me...or am I missing something?

I think you might be missing something. Credit standards aren't exactly loose these days.

dellinger63 · #5 08-14-2009, 10:14 AM

Quote:

Originally Posted by dalakhani

I think you might be missing something. Credit standards aren't exactly loose these days.

they get looser at 20-25% interest

geeker2 · #6 08-14-2009, 10:17 AM

Still..I'd be betting that the REPO business will be booming in the not too distant future...

dellinger63 · #7 08-14-2009, 10:23 AM

Quote:

Originally Posted by geeker2

Still..I'd be betting that the REPO business will be booming in the not too distant future...

and we should have plenty of low mileage, late model Toyotas and Hondas for sale.

GBBob · #8 08-14-2009, 10:28 AM

Quote:

Originally Posted by dellinger63

and we should have plenty of low mileage, late model Toyotas and Hondas for sale.

And that is a good thing...

you coming out today?