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Automotive News & Views Cash for Clunkers - Good or Bad Idea?
4110 messages, Last post on Nov 23, 2009 at 11:42 AM
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For questions about how the program works or to discuss program details, please visit our discussion titled, "Cash for Clunkers - Does it Work for You?"
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Replying to: gagrice (Jul 09, 2009 3:37 pm) The current president doesn't respect the Constitution? Seriously you can say that with a straight face err type it I mean. After the past eight years seriously really come on you can't believe that? Can you? Oh god I bet you do. Also I have heard this story reported over and over today but I just don't get it. So cities aren't getting as much stimulus aid as rural areas. but Where is the traditional democratic support base? Let me answer that for you. CITIES Republicans almost always do better in rural areas. Seems to me like the world is upside down. I am going to need to see a lot more data, preferably unmassaged data, before I buy this report.
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Replying to: kdhspyder (Jul 09, 2009 4:14 pm) Warren is getting senile as noted by his tumbling stock. My Fidelity has done better over the last year than Berkshire Hathaway. Of course he wants more stimulus. He got Billions on the Morgan deal.
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Replying to: kdhspyder (Jul 09, 2009 3:47 pm) Then there are all the downstream jobs that would be affected. Between the B2 there were nearly 10,000 dealerships in NA. If each one only employed 50 people that's 500,000 jobs you've just made disappear." This is just plain wrong. People would continue to buy cars if GM and Chrysler filed for bankruptcy, and someone would produce the cars to meet the demand. The survivors or newly formed auto companies would buy from suppliers, as needed, and the cars would be sold through dealers. If allowed to work, our market system, together with our democratic institutions, rule of law, respect for human rights, etc., though not perfect, perhaps, have a great ability for renewal and regeneration. Too much intervention, while well intentioned, can interfere with the renewal process, and end up causing more misery. The debate between those with a liberal orientation and those with a conservative one (for want of better terms) is endless. It's almost as if we're hard wired in our beliefs. Sure, conservatives may occasionally concede some points to liberals, and visa-versa, but the core beliefs rarely change. I sometimes wonder if some of the concessions aren't offered to demonstrate objectivity and flexibility, rather than out of conviction. One of the factors responsible for dragging these discussions on without resolution is the use of half-truths. The skillful use of half-truths can be very persuasive in scoring debating points. Anyhow, Bob, this is a long way of saying that it's highly unlikely that you and I will succeed in changing each other's mind. That might not be such a bad thing, though, because there would be no need for discussions if everyone agreed on everything. Can we agree on that?
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Replying to: gagrice (Jul 09, 2009 4:48 pm) Did you expect to see massive changes in 3 months? Well maybe YOU did. I'm sure that YOU thought that massive infrastructure projects would simply leap off the drawing boards and into full production before summer. According to Krugman and Buffett the $787 Billion is only about 2/3rds of what is actually needed. THAT'S probably why you haven't seen immediate results.  Rest assured though, things have turned around and they're getting better.
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Replying to: hpmctorque (Jul 09, 2009 6:05 pm) I had the same opinion last fall before the depths of the crisis hit, that demand and jobs would simply move to the survivors. Then I saw how really bad it was. To kill off GM and Chrysler at that time would have created an economic crater in the midwest because the other survivors, primarily Ford-Toyota-Honda, were in no condition to absorb the shift. It was too much too suddenly. It would have been truly horrendous at the local levels where every GM and Chrysler store in N America would have been effectively put out of business on Jan 1...BLAM!. If this had happened over a period of a couple of years where first one then the other went belly up - in a stronger market situation - then I'd agree that the job losses could have been managed. But not in Dec/Jan/Feb in the depths of our dark winter of economic collapse. The way it's working out is actually a brilliant and effective solution given the short timeframe. Both may survive and actually be stronger with a minimal loss in jobs in the country.
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Replying to: kdhspyder (Jul 09, 2009 6:59 pm) ////////////////////////////////////////\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\- \\\\ The liberal media have been feeding us that line for over three months now and it's pure propaganda. There is no credible evidence that anything has "turned around or gotten better" in this year. The credit markets and the economy as a whole is still are in a state of crisis and will likely remain there for the foreseeable future. Think 2011 and then we'll START to things really getting better. In the second half of '09 (likely by September) we'll see how big a hole we're really in. It's an enormous, $5 trillion dollar plus, hole that will take years to recover from. A robust economy is years away. Sorry.
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Replying to: kdhspyder (Jul 09, 2009 7:13 pm) Supplier Lear Files for Chapter 11 Bankruptcy Deadline Set for Delphi Bidders; Auction Scheduled Reorganizing should be an easier pill than liquidation though. |
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Replying to: british_rover (Jul 09, 2009 4:48 pm) He did say during the campaign it should be changed. He did circumvent the 5th amendment with his bullying the bond holders in the GM & C faux bankruptcy. You like him that is your choice. I think he is bad for the USA. Difference of opinion.
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Replying to: kdhspyder (Jul 09, 2009 7:13 pm) On this we agree. "The way it's working out is actually a brilliant and effective solution given the short time frame. Both may survive and actually be stronger with a minimal loss in jobs in the country." Now that we've spent all this money to save these companies, I hope you're right. However, I think it's way to early to say that it's working our brilliantly. Let's see if the $60 billion + and interest is repaid. |
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Replying to: gagrice (Jul 09, 2009 7:32 pm) As for the topic of this thread though, Yo! Obama & Co! I'm NOT the "rightful owner" of the $4500 you are about to GIVE me on this clunker program in the midst of this present "crisis" but thanks anyway. Just my humble opinion of course...or is that illegal yet? Disagreeing with the current group of propagandists and distortionists? Reeducation camp here I come!!! |
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Automotive News & Views Cash for Clunkers - Good or Bad Idea?
