Cash For Clunkers

STL Mark

STL Mark

Member #001
Honorary Member
Location (City)
Pacific, MO
First Name
Mark
Last Name
Earls
Well - The highly successful Cash For Clunkers has come to an end. After just a few short weeks, and 3 months shy of its scheduled end, the technocrats have run the program out of money and shut it down. Hundreds of car dealers and tens of thousands of car buyers with deals in process will be hung out to dry.

This program had dealers reporting greatly increased floor traffic in their showrooms, buyers buzzing nationwide, and factories ramping up huge advertising programs. Just like that - boom - it's over - no money. Thousands of car deals left on the table.

Now folks, at the end of the day this is a car deal - a simple exchange of money for a car, and it has been completely botched by the Washington bureaucrats. Thanks God it's just cars. I'm just so very glad that Washington is NOT in charge of more important things like our financial system oversight, or sending men to the moon, or defending our southern boarder, or building advanced fighter jets, or improving our health care system.
 
This is typical of most programs....let's do this today and we'll just "wing it", we will see how it goes from day to day and see if we can come up with the money to pay for it later.
Administration made this program sound like it was thier idea when in fact Germany did this already. The big difference was Germany allocated 5 billion to take care of thier 82 million population and the good ol' USA allocated 1-4 billion for 300 million.
Program sounded like it was going to completely take these "clunkers" off the road, you know crush them. In fact the auto recyling industry stood to gain as the vehicles will go to bone yards to salvage the engine, transmissions etc.
I'll bet the cars would be worth a fortune in cental and south America, maybe Viet Nam, Thialand etc.
 
Not to change the subject, but people want to put their healthcare in the hands of people who can't even run cash for clunkers!!!!
 
One of the dealers said they had to run something through the engines that would totally ruin them. So the cars HAD to be recycled. It seemed like an idea that had so many potential problems and regulations that it could not succeed. So many ideas seem good until you either 1) look closely at them or 2) turn them over to a committee. Congress is just one HUGE committee. The 11th commandment: Thou Shalt Not Committee!

:D
 
New spin on this a st louis dealer with 2 stores has done 87 cash for klunkers deals and has been paid for 3 ouch waiting on 378000.00 just a matter of time till we start seeing the begining of a revolution. He has stopped doing these and has marked all vehicles and not destoying till he see's his $$$ if things arnt bad enough for the dealers.. Other dealer are marking the price up 4500 i don 't know if they are going to credit the deal when they receive the 4500
 
Yes and it says while logged on - in some downloads when you click i agree do you read all that small print ???? Dealers have bought laptops to do this on instead of their in house systems.
 
It makes sense now

It makes sense now!

Subject:

Even if the clunkers were around for 5 more years, it's still a bummer in the light of these stats. Great, deep thinking out in D.C.




A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of gasoline.
A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.
So, the average clunker transaction will reduce US gasoline consumption by 320 gallons per year.
They claim 700,000 vehicles - so that's 224 million gallons / year.
That equates to a bit over 5 million barrels of oil. 5 million barrels of oil is about ¼ of one day's US consumption. And, 5 million barrels of oil costs about $375 million dollars at $75/bbl.
So, we all contributed to spending *$3 billion* to save $375 million.
How good a deal was that ??? They'll probably do a great job with health care though!!
!
one more thing it will get many obama bummper stickers off the road
 
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