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Thread: Cash for clunkers benefits foreign automakers

  1. #31
    Senior Member Franco's Avatar
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    With Cash For Clunkers now over, how will new vehicle dealers sell cars and trucks now?

    New vehicle dealers are now getting ready for a big slow down as consumers have been trained to only buy when there are huge factory rebates. Now, those same huge factory rebates aren't enough to stimulate sales.

    CFC may have stimualted business for one month but now the manufactorers and retailers are going to have to pay the devil.
    The Libertarian Party believes that all persons are entitled to keep the fruits of their labor. A call for the repeal of the income tax, abolishment of the Internal Revenue Service and all federal programs and services not required under the U.S. Constitution. We support the passage of a "Balanced Budget Amendment" to the U.S. Constitution, provided that the budget is balanced exclusively by cutting expenditures, and not by raising taxes. LP.org

  2. #32
    Senior Member duckheads's Avatar
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    it's funny how someone calls themselves a moderate and visits the huffington post! that is just too funny!
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  3. #33
    Senior Member dback's Avatar
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    Quote Originally Posted by zeus3925 View Post
    If a dude wants to give you $4500 for a $1500 clunker I'm sure that you'd take the cash and run, too. After all, its perfectly American.
    Wasn't some 'dude'....it was American Tax payers.

    We in Arizona already tried one of these 'enlightened' programs that few outside of the state are aware http://www.nytimes.com/2000/11/02/us...pagewanted=all . The program was extremely costly, poorly administered and fraught with fraud (sound familiar). Arizona gained Nada, Zero, Zippo (excepting a huge tax bill) but there were those who couldn't wipe the grin off their faces...'reality' (that pesky little word again). Wikipedia states that Gov. Jane Hull will always be remembered for her handling of the two German nationals' death penalties....in Arizona however, she will always be dubbed "Propane Jane"
    "What a difference a week makes. This week I feel like a football coach. Last week I felt like Britney Spears' choreographer."
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  4. #34

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    Quote Originally Posted by zeus3925 View Post
    FYI--
    But as an American, I sometimes do what Adam Smith proposed in his Wealth of the Nations. I act in what is my enlightened self interest. If a dude wants to give you $4500 for a $1500 clunker I'm sure that you'd take the cash and run, too. After all, its perfectly American.

    Regards.
    Nice welfare mentality! If you really cared, you would have done what a lot of us did and purchase your nice new car with great milage with your own money and stop using our tax money.

    The left wants to improve their lot in life and the enviroment with other peoples money.

  5. #35
    Senior Member zeus3925's Avatar
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    Quote Originally Posted by code3retrievers View Post
    Nice welfare mentality! If you really cared, you would have done what a lot of us did and purchase your nice new car with great milage with your own money and stop using our tax money.

    The left wants to improve their lot in life and the enviroment with other peoples money.
    Hey dude, just like every one else in the middle class I got soaked damn good and heavy on taxes for the last 50 years. Some of it went for a lot more foolish stuff than CFC. About time I got some of it back. Feel guilty?--Hell No!
    Last edited by zeus3925; 08-24-2009 at 12:39 PM.
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  6. #36
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    Quote Originally Posted by Goose View Post
    What is it with you leftists! Cash For Clunkers is a fraud like everything else the government's doing to revive the economy. Try this...get a 3 X 5 card and write "WE ARE BROKE" on it and tape it to the mirror in your bathroom. Read it every morning as you're primping for work. WE ARE BROKE. Repeat 10 times.

    You don't spend more money you don't have if you are broke. It's just more Keynesian hocus pocus. It's fraud! Maybe Ford and GM sold a few more cars. Whoopie! We are broke and we can't afford giving these companies forty-five friggin' hundred dollars per clunker. And then what does the government do? It destroys the clunker! How stupid is that! Sell it to somebody else who can't afford a dopey Prius. Beautiful.

    We live in Cuba now.
    Just how broke were you and everyone else before the year 2001?
    Last edited by Roger Perry; 08-24-2009 at 02:34 PM.

  7. #37
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    Quote Originally Posted by K G View Post
    to go back and see what effect Clinton's deregulation of Fannie Mae and Freddie Mac did to the money supply and the credit markets for houses, which have decimated credit markets overall.

    How much more in debt/how much more "bailing out" will this administration do before it realizes the HOLE it's putting us ALL in?????

    'Course, you may be flush and none of this affects you. If so, good for you....

    kg
    Where was your concern for bailouts when Bush was in office?

    GOP slams Bush over bailout

    Republican leaders across the board have let loose on President Bush’s auto [COLOR=blue !important][COLOR=blue !important]industry[/COLOR][/COLOR] bailout in what may be some of the toughest GOP criticism of the Bush presidency.

    John McCain is leading the way, saying it is “unacceptable that we would leave the American taxpayer with a tab of tens of billions of dollars while failing to receive any serious concessions from the industry.”
    http://www.politico.com/news/stories/1208/16753.html

    Bush: Bailout plan necessary to deal with crisis


    WASHINGTON (CNN) -- U.S. President George W. Bush, saying "our entire economy is in danger," urged Congress to approve his administration's $700 billion bailout proposal.
    "We're in the midst of a serious financial crisis, and the federal government is responding with decisive actions," Bush said in a televised address Wednesday night from the White House.
    Bush pointed out that the collapse of several major lenders was rooted in the subprime mortgage market that thrived over the past decade.
    He said passage of the $700 billion bailout proposal was needed to restore confidence in the market.
    http://www.cnn.com/2008/POLITICS/09/...out/index.html

    Bush signs $700 billion financial bailout bill

    President promises quick but ‘deliberative’ action to rescue Wall Street

    Bush signs $700 billion financial bailout bill

    President promises quick but ‘deliberative’ action to rescue Wall Street

    http://www.msnbc.msn.com/id/26987291/

  8. #38
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    Quote Originally Posted by K G View Post
    Now, since you DO "live in the past" as much as your posts illustrate, you SHOULD be able (willing is another issue entirely) to go back and see what effect Clinton's deregulation of Fannie Mae and Freddie Mac did to the money supply and the credit markets for houses, which have decimated credit markets overall.


    kg
    If as you say, Clinton's deregulation of Fannie Mae and Freddie Mac were so bad, Why did Bush with his Republican Congress not change it. After all they did have 6 years to do it.

  9. #39
    Senior Member Franco's Avatar
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    Quote Originally Posted by Roger Perry View Post

    John McCain is leading the way, saying it is “unacceptable that we would leave the American taxpayer with a tab of tens of billions of dollars while failing to receive any serious concessions from the industry.”
    http://www.politico.com/news/stories/1208/16753.html
    Had McCain opposed the bailouts while he was running for President instead of supporting them, he might be our President today!

    The GOP was trying to buy votes at election time by supporting the bailouts and we can see where it got them.
    The Libertarian Party believes that all persons are entitled to keep the fruits of their labor. A call for the repeal of the income tax, abolishment of the Internal Revenue Service and all federal programs and services not required under the U.S. Constitution. We support the passage of a "Balanced Budget Amendment" to the U.S. Constitution, provided that the budget is balanced exclusively by cutting expenditures, and not by raising taxes. LP.org

  10. #40
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    Quote Originally Posted by Franco View Post
    Had McCain opposed the bailouts while he was running for President instead of supporting them, he might be our President today!

    The GOP was trying to buy votes at election time by supporting the bailouts and we can see where it got them.

    Franco this vote buying GOP is the same party you support?

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