Jump to content

House Approves $2Billion MORE for 'Cash for Clunkers'-


delap

Recommended Posts

According to a new car dealer that was interviewed in Tyler, he said there was only five thousand dealers that could use the program. Five thousand dealers and two billion dollars already, do those numbers match up? Thats a lot of clunkers. I wonder if some of that money fell through a crack somewhere?

Link to comment
Share on other sites

"There are a lot of questions about how the administration administered this program. If they can't handle something as simple as this, how would we handle health care?" the Ohio Republican told The Associated Press

 

Pretty much sums it up.

 

As far as the recession being over... yeah, uh-huh, right. Those unemployment claims are not in real perspective. It doesn't include the people that are coming off unemployment or who are still unemployed. Those numbers will keep going up. If healthcare, etc. keep passing, employers will be forced to lay off more employees.

 

I believe what a lot of the economists say... it's a false bottom.

Link to comment
Share on other sites

Dont get your hopes up over a recovery.

Ole Boy wrote this in may and here is the link

 

http://www.thepropheticyears.com/wordpress...-are-weeds.html

 

Obama, Bernanke and the gang talk about green shoots as if the economy is about to stage a recovery. It will do no such thing. If you throw enough seeds on the ground your going to get some green shoots but when they grow you find out that they were weed seeds that will now choke out any real growth. That is what the Obama administration is doing by throwing dollars they do not have and cannot borrow at this economic crises. The only thing they will grow out of this manure field is big government socialism and a future where Americans are forced fed weeds.

 

Don’t get mislead by talk of signs of recovery. There may be some short term recovery but it will be very short lived because all the long term fundamentals say the United States cannot recover before a dollar default or major devaluation. What that means to you is the loss of almost all wealth and continued double digit unemployment. In other words, you have seen nothing yet.

 

Remember in the great depression of the 1930’s the same type people were saying it was over because there were major stock market rallies but the rallies did not last long and the depression when on until the Second World War. Even a war will not get us out of this economic disaster this time because we are much too far in debt. Frankly, the only solution is to scrap the whole economic system and start over with a clean slate. That of course means writing off all debt and most wealth. It would be the end of everyone’s savings and it would create a world trade war and certainly a depression. There is not going to be any easy painless solution. America’s real worth is probably less then 30 percent of what Americans think it is. America’s future commitments and entitlements simply cannot be paid with dollars that are worth anywhere near what they are worth today.

 

There are many reasons why this crises is far from over. There are still huge economic shoes yet to fall

 

 

Link to comment
Share on other sites

I have a 'clunker' I may use to cash in on the free money... after all, according to Rabfan and Ron Paul's line of thinking, it's just tax dollars coming back to Texas. Right?

 

I'm not going to be giving back my $800 raise from the porkulous bill, either.......

Link to comment
Share on other sites

Dont get your hopes up over a recovery.

Ole Boy wrote this in may and here is the link

 

http://www.thepropheticyears.com/wordpress...-are-weeds.html

 

Obama, Bernanke and the gang talk about green shoots as if the economy is about to stage a recovery. It will do no such thing. If you throw enough seeds on the ground your going to get some green shoots but when they grow you find out that they were weed seeds that will now choke out any real growth. That is what the Obama administration is doing by throwing dollars they do not have and cannot borrow at this economic crises. The only thing they will grow out of this manure field is big government socialism and a future where Americans are forced fed weeds.

 

Don’t get mislead by talk of signs of recovery. There may be some short term recovery but it will be very short lived because all the long term fundamentals say the United States cannot recover before a dollar default or major devaluation. What that means to you is the loss of almost all wealth and continued double digit unemployment. In other words, you have seen nothing yet.

 

Remember in the great depression of the 1930’s the same type people were saying it was over because there were major stock market rallies but the rallies did not last long and the depression when on until the Second World War. Even a war will not get us out of this economic disaster this time because we are much too far in debt. Frankly, the only solution is to scrap the whole economic system and start over with a clean slate. That of course means writing off all debt and most wealth. It would be the end of everyone’s savings and it would create a world trade war and certainly a depression. There is not going to be any easy painless solution. America’s real worth is probably less then 30 percent of what Americans think it is. America’s future commitments and entitlements simply cannot be paid with dollars that are worth anywhere near what they are worth today.

 

There are many reasons why this crises is far from over. There are still huge economic shoes yet to fall

Agree with most of the points there. However, Americans are a strong people, if they put their mind to it. Imagine if we could stop illegal immigration, send 'em packing; anyone who is on food stamps, welfare of any sort, or unemployment, guess what, you have a job, you work for your local county, city, state picking up trash on the roadside, working at govt. sponsored daycares, working at govt. sponsored food banks, working at govt. sponsored etc., etc., etc....

 

Betcha there wouldn't be a lot of unemployed... LOL!

 

 

 

Link to comment
Share on other sites

So I just got a letter from Allen Samuels in Tyler... they want me to trade my 1 ton Dodge in, because... are you ready for this...

 

"Allen Samuels Chrysler Dodge would like to increase their inventory of quality pre-owned Chrysler or Dodge vehicles while placing you, a loyal Chrysler or Dodge owner, behind the wheel of a brand new 2009 Chrysler or Dodge. The intent of this offer is to trade you out of your older model Chrysler or Dodge for a new Chrysler or Dodge and keep your costs approximately the same.... With factory incentives and high trade-in values, we feel confident that we can make this exchange with little or no money down at possibly the same monthly payment that you are paying now.* The U.S. CASH FOR CLUNKERS PROGRAM IS NOW IN EFFECT AND YOU MAY BE ABLE TO GET UP TO $4,500 FOR A GAS GUZZLER.** Chrysler is now offering to DOUBLE that amount, so you may get up to $9,000 in discounts!"

 

* If the lien amount of your trade-in vehicle is more than the actual cash value of the vehicle, then you may be responsible for the difference. Vehicles with lien amounts exceeding ACF may require a supplemental down payments. All offers on approved credit. All prices plus TT&L.

 

** SEE WWW.CARS.GOV for details. See dealer for complete details.

 

So lemme see... I'm supposed to take my '03 Dodge 1 ton dually running perfectly well, in, that has just barely 100,000 miles on it, that I paid $25,000 for BRAND NEW (That Allen Samuels actually delivered to my house), and only owe $2,000 on (not for the truck but for stupid horses and car for kids), and go and buy a $50,000 brand new 1 ton dually....

 

Not to mention, when I traded off my other Dodge, I got $12,000 cash for it... with the transmission out on it...

 

Lemme think............

Link to comment
Share on other sites

Me: "Oh, and one more thing ..."

 

Operator: "Yes, sir?" (she sounds exasperated at this point and manages

to twist 'sir' into an insult.)

 

Me: "It's got a 'McCain-Palin 08' bumper sticker on it. Is that going

to be a problem?"

 

:rofl: :rofl: Please, tell us, what did she say to that?

Link to comment
Share on other sites

I'm skeptic. TRS doesn't own any stock from bailed out banks?

 

I have yet to take a penny from TRS....They are still taking it from me.....lol.....I still have several good years ahead of me before I have to change my answer....... :P

Link to comment
Share on other sites

House Approves $2 Billion More........

I hate posting just a link but the story will be updated as more news becomes available so.......

 

Your thoughts???

 

 

It didn't work the first time, so what does this failed administration do? They same thing they do everytime - just throw more money at it!

 

Come on, its just money right? Could you hand me a roll of dollar bills, i'm all out of toilet paper. :thumbdown:

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...