Cash for Clunkers - Good or Bad Idea?

4110 messages, Last post on Nov 23, 2009 at 11:42 AM

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What is this discussion about? Legislation, Truck, Sedan, Wagon, SUV

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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#1540 of 4110 Re: Someone pays for it. [british_rover] by gagrice Jul 10, 2009 (6:06 am)
Replying to: british_rover (Jul 10, 2009 5:47 am) I have to love your optimism. What I find interesting is when GW was President these same writers were wringing their hands and saying how bad the economy is. Now when their man is in the WH, it is looking up. I hope so. Not holding my breath. Your link does not reflect your spin: Georgia unemployment claims surge By AJC staff Friday, July 10, 2009 The number of laid-off Georgia workers filing first-time claims for state unemployment benefits jumped by 88,756 in June, an increase of 94.8 percent from June 2008. Replies to this message: british_rover (Jul 10, 2009 8:55 am)
#1541 of 4110 Re: Tangential bit of information [kdhspyder] by erniesdad Jul 10, 2009 (6:55 am)
Replying to: kdhspyder (Jul 09, 2009 4:18 pm) You really think Gov't Motors is going to have a successful IPO? Their labor costs haven't dropped to any appreciable extent. The same work rules that have made the GM workforce a font of labor unproductivity still exist. The jobs bank still exists, though they pretend it doesn't anymore, because they renamed it something else. The stock will be a turkey. If Gov't Motors had gone Chap. 11 from the beginning, the taxpayers would have been saved billions of dollars, the featherbedded UAW contracts would have gone out the window, and instead of being a wholly owned subsidiary of the US Government, we'd have a reinvented car company capable of being a world beater. Instead, we're going to see a company beholden to 535 congresscritters. Personally, I'm opening a pool to see how long until Government Motors starts building a factory in West Virginia named the Robert C. Byrd engine plant, the Jack Murtha windshield wiper factory, etc. Replies to this message: kdhspyder (Jul 10, 2009 10:45 am) kdhspyder (Jul 10, 2009 11:08 am) british_rover (Jul 10, 2009 11:18 am)
#1542 of 4110 Re: Tangential bit of information [srs_49] by steve_ HOST Jul 10, 2009 (7:27 am)
Replying to: srs_49 (Jul 10, 2009 2:44 am) It's taken me 30 years to forget and move on with Ford after the pos '78 Ford Fairmont they made I'm still holding a Volvo grudge dating back to '74. I'm irrational about some other stuff too. Scrap Value Received under Program Windsurferk, try the Cash for Clunkers - Does it Work for You? discussion. It's more nuts and bolts about the program than this one.
#1544 of 4110 "those who forget history are...." by Mr_Shiftright HOST Jul 10, 2009 (7:48 am)
do Americans have the attention span of a gerbil? Here we are in a HUGE financial mess and I see some media commentators suggesting we do the same exact things that got us so screwed up in the first place. As if the past 8 years never happened. Unbelievable, simply unbelievable. Hey, ONE BRIGHT SPOT! --- The new Camaro is a big hit (so far). This model, in one month, outsold the entire Buick or Cadillac division. $60 billion? That's only 6.5 months in Iraq and might be worth hundreds of thousands of jobs. Relatively speaking, a good gamble. I don't think many people realize the utter, total catastrophe of the annihilation of GM, should it have happened suddenly and without preparation. I would hazard to say that even civil unrest would not have been out of the realm of possibility. Replies to this message: srs_49 (Jul 10, 2009 8:26 am) Mr_Shiftright (Jul 10, 2009 8:39 am) srs_49 (Jul 10, 2009 9:18 am) and 11 more... doggie76 (Jul 10, 2009 8:44 am) dave8697 (Jul 10, 2009 9:10 am) xrunner2 (Jul 10, 2009 9:22 am) kdhspyder (Jul 10, 2009 11:27 am) srs_49 (Jul 10, 2009 12:13 pm) lemko (Jul 10, 2009 8:56 am)
#1545 of 4110 Re: "those who forget history are...." [Mr_Shiftright] by srs_49 Jul 10, 2009 (8:26 am)
Replying to: Mr_Shiftright (Jul 10, 2009 7:48 am) I don't think many people realize the utter, total catastrophe of the annihilation of GM, should it have happened suddenly and without preparation. I would hazard to say that even civil unrest would not have been out of the realm of possibility I'm not sure I buy into that. The country survived layoffs and the loss of hundreds of thousands of jobs in the aerospace industry back in the early 90s because of mergers and defense cutbacks. Hard to see how the demise of GM would have been worse, even with the more optimistic (higher) estimates of jobs that are directly or indirectly tied to Detroit. The best of GM would have survived in some form even if it had undergone a more radical form of bankruptcy. The best plants would have been bought by someone. All the workers would have been let go, the existing contracts voided, and workers could then have applied for their old jobs under a lower cost wage structure. Sort of like what happens when a public school gets reconstituted for poor performance. Replies to this message: Mr_Shiftright (Jul 10, 2009 8:39 am) srs_49 (Jul 10, 2009 9:18 am) Mr_Shiftright (Jul 10, 2009 10:14 am) and 8 more... kdhspyder (Jul 10, 2009 11:35 am) lemko (Jul 13, 2009 4:40 am) doggie76 (Jul 10, 2009 8:44 am) dave8697 (Jul 10, 2009 9:10 am) xrunner2 (Jul 10, 2009 9:22 am) kdhspyder (Jul 10, 2009 11:27 am) srs_49 (Jul 10, 2009 12:13 pm)
#1546 of 4110 Re: "those who forget history are...." [srs_49] by Mr_Shiftright HOST Jul 10, 2009 (8:39 am)
Replying to: srs_49 (Jul 10, 2009 8:26 am) Well you don't live in Ohio or Michigan I presume, so the impact might not be as shocking to you. Remember, we were talking about the SUDDEN and immediate collapse of a huge regional industrial base, not a gradual decline with time for re-alignments. It's more like BOOM, you are all unemployed, and if Ohio or Michigan, probably unemployed for years. I think you also have to take into account the symbolic value of the total, sudden, shocking annihilation of General Motors and its affect upon the prestige and public attitudes of America as a whole. It would have been incredibly depressive...because if GM can disappear overnight, how about other giants? How about YOU? Replies to this message: srs_49 (Jul 10, 2009 9:18 am) Mr_Shiftright (Jul 10, 2009 10:14 am) steve_ (Jul 10, 2009 10:22 am) and 1 more... erniesdad (Jul 10, 2009 11:12 am) and 1 more... srs_49 (Jul 10, 2009 12:20 pm) and 2 more... isellhondas (Jul 10, 2009 5:23 pm) kdhspyder (Jul 10, 2009 11:35 am) lemko (Jul 13, 2009 4:40 am)
#1547 of 4110 Sales tax of C4C by doggie76 Jul 10, 2009 (8:44 am)
Replying to: srs_49 (Jul 10, 2009 8:26 am) Will the $4500 be treated as a trade in or rebate for sales tax purposes when I buy a new car? Any real answers? Not just guesses please. I've been to the cars.gov site, but no answers on this... Thanks
#1548 of 4110 Re: Someone pays for it. [gagrice] by british_rover Jul 10, 2009 (8:55 am)
Replying to: gagrice (Jul 10, 2009 6:06 am) Come don't do that. Don't selectively pick the one or two articles about Georgia when every other article on that page talks about how the rate for new unemployment claims went down. Now who is spinning.
#1549 of 4110 Re: "those who forget history are...." [Mr_Shiftright] by lemko Jul 10, 2009 (8:56 am)
Replying to: Mr_Shiftright (Jul 10, 2009 7:48 am) You best believe I'd be rioting if I could no longer get a new Cadillac or Buick!!!