Posted on 08/18/2009 10:27:45 AM PDT by wrrock
My first new car was a 1978 El Camino with a 200 V6 to save me money on gas. Still kicking myself for not getting the used 1972 Opel Cadet instead...
Yeah. Saw that. Still better than my 60% drop. My 2007 Elantra, however, sitting on a 30% drop at 2 years. Not really that bad - not great, though. At least I could sell it for what I owe on it.
Wait until they do for health care what they’ve done for used cars. The criticism so far has only scratched the surface of the foreseeable consequences; what they haven’t figured out may be the real disaster.
I have been screaming about this ever since the details of the program were announced. This screws the poor on so many levels. For starters the real poor are real poor and can’t participate at all. Many lower income people buy junkers and drive them till they drop and that is often less than one year so the requirement of one year ownership and insurance is a disqualifyer. This is similar to my situation I have a car and a truck, I can’t afford to insure them both so I switch the policy back and forth as needed. They are both old and tired I would love to take part, but I can’t because of the switching. Then all these perfectly good used cars are being totally destroyed, the kind of vehicle the poor buy. Then all the parts that these cars could provide are gone as well. I just about cry while watching the news seeing all the 4-5-6 year old cars being crushed.
Unfortunately, if the bus is run by public transit you are subsidizing it. :(
I would laugh but the teen here will need a vehicle in the next few months.
And the auto unions do not care either, as they are making only new cars. Used cars is like yesterday, out the door and out of mind.
Obama’s polices hurt the poor the worst. Liberal polices always do.
The liberal-fascists fail again!
That's why I said, "let 'em walk".
Yes, and they were going to use the same dealers that sell their tractors. I would bet that they will cut a deal with some states to used a plant closed by ford, GM are Chrysler. Maybe the one in Nashville. VW has one under construction In Chattanooga. KIA has one nearly completed in West point Ga. the new car industry will be different.
This clunker bill is government at its best! God help us.
It’s also easy to eat cake while on that bus.......
Do you think it's coincidental or accidental that a substantial portion of the vehicles being junked were perfectly serviceable, and would have had a trade-in value that would be well over $2,000? I think the program was explicitly designed to target such vehicles. Call the leftists dumb if you want, but the program is designed reasonably effectively to carry out their aims.
Note, btw, that one of the biggest complaints many people have about the program is that their own cars don't qualify because their gas mileage is too good. An easy "solution" would be for Congress to expand the program so anyone who improves their mileage by 4/10mpg would be eligible. I wouldn't be surprised if such a move was planned from the get-go. Note that doing things that way would avoid having too many people look to see whether the program is a remotely good idea in the first place.
“the program is designed reasonably effectively to carry out their aims.”
Which once again PROVES the lefties are dumber than a box of rocks.
Obama and the Democrats want to make as many peasants as possible dependent upon the government. Are you saying that they are stupid to want such a thing? I'd regard it as evil, but hardly stupid. To be sure, many of Obama's supporters fall in the "useful idiots" category, but the supporters aren't the ones writing the legislation.
“I’d regard it as evil, but hardly stupid.”
If people advocate a system that has failed all over the world
everywhere it has been tried, they are stupid.
Also evil
Also psychotic.
Socialism concentrates power in the hands of government officials. It is very effective at doing so. The fact that it is extremely detrimental to the pæons hardly justifies calling it a failure, especially when those in power are seeking to oppress the pæons anyway.
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