Harkin [and Durbin] Proposes $10K Auto Purchase Rebate (Get a load o' this!)

KCCI, Des Moines ^ | 1:39 pm CST December 12, 2008

[newgeezer]

Leave it to Dungheap Harkin (the "Ol' Populist" -- he actually called himself that yesterday) to come up with a protracted government-centric scheme alleging to solve a multitude of problems (real and otherwise). Bail out the Big Three, preserve jobs, reduce Global Warming(TM), and make yourself a savior in the eyes of your clueless constituents, all with one swell bill.

How about the poor schmuck(ette) driving a '95 Tercel, Metro or Civic? Good luck finding a domestic new car rated 5 MPG higher than that.

And, where is the wisdom in encouraging a family making < $40K/year to take on thousands of dollars in car debt? Typical government "help."

[camle]

i see the price of cars going up at least 10K in the near future...

[ButThreeLeftsDo]

More government.

Swell...

[caver]

Oh great, more welfare for those that don’t pay any taxes to begin with.

[cartervt2k]

Ahhhh, artificial demand. Is there anything more American than government incentives for an undesirable product?

[MarkT]

All ‘foreign’ car makers in the USA would file suit immediately and stop this illegal subsidy. Bankruptcy is the only option. Next problem.

[wilco200]

I see an increase in the number of new “fuel-efficient GM, Ford or Chrysler vehicles that are assembled in the United States with an average fuel economy of 25 miles per gallon” available on Craigslist for 8K under MSRP.

[RightOnline]

Jaw-dropping idiocy.........

[umgud]

If I was one of the other American carmakers I’d sue for unfair business practices or something. This is just plain unfair and if not, it should be illegal.

[tomnbeverly]

Hey I gotta better Idea...

Lets let all the Hollywood Libs like Oprah and Barbara etc, buy us all fuel efficient cars... They don’t need all them billions they got.

[Oldexpat]

Will illegal aliens qualify?

[Bloody Sam Roberts]

The used car market is a good place to be these days.

[Red Badger]

So, I go out and buy a junker for $400, trade it in on a new car, get $10k back? Sounds good to me.........

[mgc1122]

“The Sell Fuel Efficient Cars Act would provide a rebate of $10,000 to buyers who trade in a car more than 10 years old for a new American car.”

Does this mean an American car built in Tennessee with all American labor & parts but with a Japanese name badge? Or the “American” car assembled in Mexico with parts from all over?

[newgeezer]

Good luck finding a domestic new car rated 5 MPG higher than that.

To clarify, this is from the press release:

"The [new] car must have an average fuel economy ... more than five miles per gallon better than the trade-in."

[Doc Savage]

Like all Gov’t programs you only have to ask where the original 10,000 comes from.

[PugetSoundSoldier]

I think the value of a 1972 Maverick just spiked by $10,000!

[2ndDivisionVet]

Why only Chrysler, Ford and GM products? There are many fine automobiles built in the United States by non-union labor such as Nissan, Mercedes, Toyota, etc. Oh, that’s right, it’s about the UNIONS, not the manufacturers.

Senators Tom Harkin and Dick Durbin are two of the stupidest, far-left shills in a chamber known for both.

[wita]

Can’t see this one passing, but maybe they are after the sympathy, we love you, we care, good intentions, it is all in the feelings, from the IOA crowd.

[Lurking in Kansas]

Will illegal aliens qualify?

Silly boy, no. They will qualify for a FREE car.