Last post on Oct 24, 2012 at 7:17 AM
You are in the Automotive News & Views
What is this discussion about?
Car Buying, Legislation
Edmunds Cash for Clunkers Calculator
I Traded My Clunker and Bought a....?
#2727 of 2742 Re: CARS Scam [kernick]
Sep 14, 2010 (11:25 am)
I'll go with the poster's story, and comment on it. This could be fact or fiction - like a lot on the web.
The OP has just one post, and hit-and-run style posting is typical of a troll. I'm leaning towards fiction.
#2728 of 2742 Re: CARS Scam [ateixeira]
Sep 14, 2010 (11:32 am)
I'm leaning towards fiction.
Either way it's OLD news.
#2729 of 2742 Re: CARS Scam [obyone]
Sep 14, 2010 (11:38 am)
Old news? You think so?
Meanwhile I hear Coolidge may run for president.....
#2730 of 2742 C4C just a memory for most of US
Sep 15, 2010 (1:10 pm)
#2731 of 2742 Re: C4C just a memory for most of US [gagrice]
Sep 16, 2010 (6:27 pm)
Let's not go C4C again. The market still has distortions from the last one. Only the dealers made out while the taxpayers got hosed.
#2732 of 2742 Re: C4C just a memory for most of US [berri]
Sep 17, 2010 (11:05 am)
January 3rd, 2007 was the day the Democrats took over the Senate and the Congress:
At the time:
The DOW Jones closed at 12,621.77
The GDP for the previous quarter was 3.5%
The Unemployment rate was 4.6%
George Bush's Economic policies SET A RECORD of 52 STRAIGHT MONTHS of JOB CREATION!
What in the name of Reason & Common Sense happened since?
#2733 of 2742 Re: C4C just a memory for most of US [euphonium]
Sep 17, 2010 (12:39 pm)
January 3rd, 2007 we were sitting on this GIGANTIC housing bubble created by massive de-regulation and risk-taking...
...then it blew.
#2734 of 2742 Re: C4C just a memory for most of US [euphonium]
Sep 17, 2010 (12:25 pm)
I don't think George W was as bad as many felt. However, I wouldn't go too easy on him. Remember, it was actually his Treasury Secretary Paulson who started the bank and auto bailouts. All of the war under him has hurt the economy as well. Prolonged warfare generally harms an economy over time despite an often initial short term economic spike. As for the argument which party does economics better, I'm not sure a lot of it isn't just timing and circumstances. I suppose people can say Roosevelt bailed out Hoover, or Reagan bailed out Carter who may have been the victim of Nixonomics. Clinton ran a pretty good economy after the first Bush who may have been a victim of some of Reagonomics. Bottom line - I personally don't think partisan politics has as much to do with it as economic cycles inherent to capitalism. There will always be periods of excess and periods of reconciliation. That's just the way capitalism functions. But don't interpret this as support for all of the deficit spending and government stimulus going on. Sometimes all the money in the world will still end up trying to piss upstream.
Sep 17, 2010 (3:32 pm)
For g-ds sake, please leave the political implications out of Edmunds...we all have our own opinions on this stuff so let's not pollute a very fun site with all this political nonsense. Nothing good ever comes from it!!
The "Independent" Sandman
#2736 of 2742 Re: Partician Politics [sandman_6472]
Sep 17, 2010 (3:37 pm)
Thanks, Sandman. I second the motion.