Another thing to recall about the Cash for Clunkers program is how it hurts the poor. The program will take these clunkers off the street and give them to the government to destroy. But these are precisely the kinds of cars that poor or fixed-income people tend to purchase. Most of these clunkers are of course in fine shape, but they are not green enough according to government determinations. So poor people who cannot afford to purchase new, government-approved (and thus artificially expensive) automobiles will be told to go take a hike literally!
The government having melted down these clunkers, the market in low priced used cars will dry up, thus driving up cost and further hurting poor and working people as well as seniors and others on fixed income. Grandma who just needs a cheap old car to get down to the pharmacy for her prescriptions will thus be forced to walk or hire a cab, as the finance companies will take a look at her social security income and say next!
Cash for clunkers is an attack on the poor for the benefit of government-connected Big Auto big-wigs and GMAC-style bankster/moneylenders. As with most government programs, the poor get the short end of the stick.
Aside from the fact that this is intended to:
1. Subsidize the pensions of the UAW
2. Artificially prop the auto sales of Government Motors so that everyone is deceived into believing that the government can run businesses better than citizens.
3. Push people out of the cars they choose to drive and into the cars the Leftists are going to force us to drive
Is this really the best time to spend $2 billion on junk?
Supposedly people need medical care very badly in this country, and they’re buying junk.
Lots of Republicans voted for cash for clunkers.
Friends of mine, a husband and wife, work for a dealership and I was talking to them last night about this program. The wife is in accounting and she said that the program has brought in LOTS of customers. She also said that she brought home the government program packet to familiarize herself with the program and found that it was 109 pages of legal jargon.
She submitted six deals to the government on Thursday and was waiting to see if they would be accepted or rejected. Her co-worker submitted the dealer’s first “cash for clunkers” deal to the government and it was rejected. Apparently there was an error or errors in the submission. She’s trying to figure out where in all the paperwork there might be a typo.
One customer came in for the deal and discovered that his “clunker”, a 2000 Pontiac Bonneville, was not eligible for the program because the factory specs said that that car got 19 MPG and the “clunker” must have a rating of 18 MPG or less. It’s amazing that mileage and age are not taken into account by the program. No way that car still gets 19 MPG.
Most NYC residents don’t have cars, and don’t see any reason why their tax dollars should be used to fund other people’s car ownership.
If one is to participate buy Ford.
Time to trade in our clunker politicians.
The biggest ‘clunker’ is the one in the White House.