Hillarysworld

Members Login
Username 
 
Password 
    Remember Me  
Hillarysworld -> Obama and Congress -> "cash for clunkers"
Post Info
TOPIC: "cash for clunkers"
shadow


Platinum

Status: Offline
Posts: 376
Date:
"cash for clunkers"
Permalink  
 

I am unsure which forum this fits;  please move if necessary.

The local car dealers in my area are running tv ads trying to sell cars with this "cash for clunkers" thing. It is making me mad.

This program sounds to me like a way to help those who don't need the help. Somebody please explain this program if I am wrong.

The "cash for clunkers" is very narrow. I forget the exact details, but the car has to get 18 mpg or less, and not be older than, I think, 1988.

That seems to mean that all the "better off financially" people can trade in their hummers and SUVs and get a lot of trade-in value, while those people who cannot afford car payments, but really need a decent car, cannot use this program.

It seems to me that the real "clunkers" are driven by low income folkwho do all they can just to keep them going, to get to work, ect.

Is this one more bogus program from "that one"?


eta - I would love to know what kind of gas milage that big hummer looking thing "that one" rides around in gets.

-- Edited by shadow on Thursday 30th of July 2009 12:58:09 PM

__________________
villager4ever


Platinum

Status: Offline
Posts: 121
Date:
Permalink  
 

This just came from AP:

AP sources: Govt to suspend 'cash for clunkers'

 

By KEN THOMAS, Associated Press Writer Ken Thomas, Associated Press Writer – 31 mins ago

WASHINGTON – Congressional officials say the government plans to suspend the popular "cash for clunkers" program amid concerns it could quickly use up the $1 billion in rebates for new car purchases.

The Transportation Department called congressional offices late Thursday to alert them to the decision to halt the program, which offered owners of old cars and trucks $3,500 or $4,500 toward a new, more fuel-efficient vehicle.

The congressional officials spoke on condition of anonymity because they were not authorized to speak publicly.

Through late Wednesday, 22,782 vehicles had been purchased through the program and nearly $96 million had been spent. But dealers raised concerns of large backlogs in the system, prompting the suspension.

http://news.yahoo.com/s/ap/20090730/ap_on_go_ot/us_cash_for_clunkers
-------------------
The dealers and the customers must have been so confused.



__________________
“For everyone who's ever been counted out, but refused to be knocked out, and for everyone who works hard and never gives up, this one is for you.” - Hillary Rodham Clinton
shizzy


silver

Status: Offline
Posts: 6
Date:
Permalink  
 

God forbid the little guy should get some money from our tax dollars.  Nope, that will have to go the 'big boys' of industry, just in case they are not rich enough yet.  aww

__________________
Hillarysmygirl16


Administrator

Status: Offline
Posts: 2818
Date:
Permalink  
 

No they are interested in making sure the rich stay rich and the poor stay poor and the people in the middle are the ones that pay all the costs.



__________________

4459303562_3f593359a2_m.jpg
villager4ever


Platinum

Status: Offline
Posts: 121
Date:
Permalink  
 

$2 billion more to stimulate the car industry. I hope they put a timeline in this spending. My husband I paid for our car out of our retirement money.

__________________
“For everyone who's ever been counted out, but refused to be knocked out, and for everyone who works hard and never gives up, this one is for you.” - Hillary Rodham Clinton
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
Hillarysworld -> Obama and Congress -> "cash for clunkers"
Tweet this page Post to Digg Post to Del.icio.us


Create your own FREE Forum
Report Abuse 		Powered by ActiveBoard