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I had my doubts about this but it's being used so much the govt may have to suspend it. Dealers talking of backlogs in the system for customers wanting to trade in.
The Truth: Americans want to drive fuel efficient cars. Its good for the environment and you get way better gas mileage out of your car. No republican or person on the right will admit it because it's obama, but this is really a great idea and plan by Obama. |
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Global warming alarmists are watermelons - green on the outside, red (socialist) on the inside global warming , is there anything it cannot do ? http://www.numberwatch.co.uk/warmlist.htm peer reviewed studies and graphs of the Medieval Warming periods can be found at http://www.co2science.org/ |
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One problem I see is that people are trading in a free and clear auto (no payments) and picking up a rather large payment for the next 5 years as well as all the attendant costs assumed with a new auto (higher insurance premiums etc.) Or people that don't need a $4,000+ tax credit are the ones using this. We'll see. Cheers Labour |
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This should be in the opinions section.
The bill was not proposed by Obama. And it doesn't mean that people want fuel efficent cars. It means they want the money they get from trading in their old clunkers.
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I'm not a Republican because I grew up rich, but because I didn't want to spend the rest of my life poor, waiting for the government to rescue me.-[Mike Huckabee Individual Patriot First ~Conservative Second ~ Republican Third The last people to call others "teabaggers", were called Red Coats, and they got beat by the first American Patriots. |
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The dealers are gonna end up getting screwed. The program is already out of money and the dealerships have already fronted (IAW the law) about 5 times the alotted funding. Which means that either the 1 billion dollar cash-for-clunkers program must become a 5 billion dollar cash-for-clunkers program, or else we're looking at another round of dealership closures and lawsuits because some moron in Washington didn't adequately fund their newest pet project.
It's also hurting the auto salvage industry, who rely on the profit from reselling the engines that the Feds have just ordered destroyed through this program. / someone didn't think their cunning plan all the way through.
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Government to Suspend 'Cash for Clunkers' Program By Dana Hedgpeth Washington Post Staff Writer Thursday, July 30, 2009; 9:14PM The government's $1 billion "cash for clunkers" program, designed to boost stagnant auto sales, will be suspended at midnight Thursday because it is almost out of money just six days after it started. http://www.washingtonpost.com/wp-dyn...073004122.html
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"If the President simply adds a couple of Republican solutions to a trillion dollar health care package that the American people don't support, it isn't bi-partisan. It's political cover," Rep Eric Cantor (R-Va.) Last edited by JP5; 07-30-2009 at 05:39 PM. |
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Right. Here is a video of a scraping. Don't know how to embed but.... I wouldn't consider this Jeep a "clunker." The car dealer is required to drain the clunker's engine of oil, pour in sodium silicate, and start the engine to destroy it. Begin watching the video at 1:45 because that's when it starts smoking. So there's $4,500 of our tax dollars up in smoke. Cheers Labour |
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http://finance.yahoo.com/news/AP-sou...&asset=&ccode= Success is counterproductive to Obama's mission.
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If trees could scream would we be so cavalier about cutting them down?......... We would if they screamed all the time and for no good reason! - Jack Handy |
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