Thiebear Posted July 31, 2009 Share Posted July 31, 2009 AP sources: Govt to suspend 'cash for clunkers' http://www.breitbart.com/article.php?id=D99P2U9G1&show_article=1 Jul 30 07:39 PM US/Eastern By KEN THOMAS Associated Press Writer WASHINGTON (AP) - Congressional officials say the government plans to suspend the popular "cash for clunkers" program amid concerns it could quickly use up the $1 billion in rebates for new car purchases. The Transportation Department called congressional offices late Thursday to alert them to the decision to halt the program, which offered owners of old cars and trucks $3,500 or $4,500 toward a new, more fuel-efficient vehicle. The congressional officials spoke on condition of anonymity because they were not authorized to speak publicly. Through late Wednesday, 22,782 vehicles had been purchased through the program and nearly $96 million had been spent. But dealers raised concerns of large backlogs in the system, prompting the suspension. AGAIN! Who didn't see this coming. They are like shampoo. Rinse/Repeat. And why i say in the other threads on Healthcare: Watch an extra 100 million people get thrown into this program and the Gov't say WHOA!!! didnt see that coming, we can't pay for this.... There were also reports of the Government messing with the numbers on MPG. Upping them after the start to reduce the amount of trade-ins. The Environmental Protection Agency says the changes resulted from a double-check of its fuel-efficiency ratings on more than 30,000 1984 and newer vehicles in advance of the official start of the clunkers program Monday. Link to comment Share on other sites More sharing options...
twa Posted July 31, 2009 Share Posted July 31, 2009 http://www.extremeskins.com/showthread.php?t=292791 Link to comment Share on other sites More sharing options...
Rdskn4Lyf21 Posted July 31, 2009 Share Posted July 31, 2009 Twa's link is wrong, this one should be it: Link to comment Share on other sites More sharing options...
MEANDWARF Posted July 31, 2009 Share Posted July 31, 2009 I am surprize that this ever got started. didn't Obama say that America's is broke? I didn't think we can afford clunkers. Link to comment Share on other sites More sharing options...
MattFancy Posted July 31, 2009 Share Posted July 31, 2009 I saw this one coming. What was to stop someone from buying some piece of crap on the side of the road for a couple hundred bucks and then going to a dealership to trade it in for a few thousand? Link to comment Share on other sites More sharing options...
Thiebear Posted July 31, 2009 Author Share Posted July 31, 2009 I saw this one coming. What was to stop someone from buying some piece of crap on the side of the road for a couple hundred bucks and then going to a dealership to trade it in for a few thousand? has to run has to be insured for a year prior to program. Link to comment Share on other sites More sharing options...
The Brave Little Toaster Oven Posted July 31, 2009 Share Posted July 31, 2009 I saw this one coming. What was to stop someone from buying some piece of crap on the side of the road for a couple hundred bucks and then going to a dealership to trade it in for a few thousand? You had to be the owner for atleast a year and have had it insured the past year. No new car for me now Link to comment Share on other sites More sharing options...
Kilmer17 Posted July 31, 2009 Share Posted July 31, 2009 It's a wild success. Kudos to Obama for this. Link to comment Share on other sites More sharing options...
mikered30 Posted July 31, 2009 Share Posted July 31, 2009 Don't forget that we just helped to pay for your neighbors new car with this program. Hopefully you get a thanks from them. Link to comment Share on other sites More sharing options...
MattFancy Posted July 31, 2009 Share Posted July 31, 2009 You had to be the owner for atleast a year and have had it insured the past year.No new car for me now Gotcha. Well if it makes you feel any better I bought a new car in February and got $1500 for my trade in. If I would've waited a few months I prolly would've gotten alot more. Link to comment Share on other sites More sharing options...
twa Posted July 31, 2009 Share Posted July 31, 2009 Don't forget that we just helped to pay for your neighbors new car with this program. Hopefully you get a thanks from them. Nope...Tis magic free money...no thanks are needed Rdskn4Lyf21 :moon::welcome: Link to comment Share on other sites More sharing options...
mikered30 Posted July 31, 2009 Share Posted July 31, 2009 Unfortunately 2 billion dollars of our money is going into this program and was resumed today: http://news.yahoo.com/s/ap/20090731/ap_on_go_co/us_cash_for_clunkers Link to comment Share on other sites More sharing options...
twa Posted July 31, 2009 Share Posted July 31, 2009 Great another program that enriches the insurance villains:evilg: Are we gonna bailout the buyers when they can't make the notes next? Link to comment Share on other sites More sharing options...
Predicto Posted July 31, 2009 Share Posted July 31, 2009 This is one stimulus that actually appears to be stimulating a sector of the economy. Rush was having a conniption fit about it this morning. Link to comment Share on other sites More sharing options...
AsburySkinsFan Posted July 31, 2009 Share Posted July 31, 2009 This is one stimulus that actually appears to be stimulating a sector of the economy.Rush was having a conniption fit about it this morning. Sure he was because he wants Obama to fail and if Obama keeps doing stuff like this then he's not gonna fail and Rush will be stuck representing those in the dwindling minority instead of serving as lead propagandist for an administration. This is good for the economy and the environment and it reduces even more our dependency on oil. Its a trifecta. Link to comment Share on other sites More sharing options...
Kilmer17 Posted July 31, 2009 Share Posted July 31, 2009 Sure he was because he wants Obama to fail and if Obama keeps doing stuff like this then he's not gonna fail and Rush will be stuck representing those in the dwindling minority instead of serving as lead propagandist for an administration.This is good for the economy and the environment and it reduces even more our dependency on oil. Its a trifecta. Not that it matters, but I think Rush LOVES having a target in office. Link to comment Share on other sites More sharing options...
AsburySkinsFan Posted July 31, 2009 Share Posted July 31, 2009 Not that it matters, but I think Rush LOVES having a target in office. I think so too, and for the same reason that John Stewart did. Link to comment Share on other sites More sharing options...
twa Posted July 31, 2009 Share Posted July 31, 2009 This is good for the economy and the environment and it reduces even more our dependency on oil. Its a trifecta. In that spirit ,why not just give every American a new car? How about a new energy efficient house? Magic money for nothing Link to comment Share on other sites More sharing options...
AsburySkinsFan Posted July 31, 2009 Share Posted July 31, 2009 In that spirit ,why not just give every American a new car?How about a new energy efficient house? Magic money for nothing Yeah, because $4500 equals a new house. Link to comment Share on other sites More sharing options...
Predicto Posted July 31, 2009 Share Posted July 31, 2009 In that spirit ,why not just give every American a new car?How about a new energy efficient house? Magic money for nothing Consider it kind of like a tax break. You guys love giving those out. It is really no different. Link to comment Share on other sites More sharing options...
twa Posted July 31, 2009 Share Posted July 31, 2009 Consider it kind of like a tax break. You guys love giving those out. It is really no different. I'll consider it a bribe from my kid's future earnings:) About time they started paying me off Link to comment Share on other sites More sharing options...
Duckus Posted July 31, 2009 Share Posted July 31, 2009 It is pretty incredible how wildly successful this program has been. I had a guy in my office today literally cursing in his office when he found out that the program was already done/run out of money. When they found out it was being boosted with more funds, he went out this afternoon. I think he is trying to buy a car right now. Link to comment Share on other sites More sharing options...
Duckus Posted July 31, 2009 Share Posted July 31, 2009 Edit. Never mind, someone has already discussed it. Link to comment Share on other sites More sharing options...
AsburySkinsFan Posted July 31, 2009 Share Posted July 31, 2009 It is pretty incredible how wildly successful this program has been.I had a guy in my office today literally cursing in his office when he found out that the program was already done/run out of money. When they found out it was being boosted with more funds, he went out this afternoon. I think he is trying to buy a car right now. Taking gas hogs off the road, reducing emissions, allowing auto-factory workers to build cars thereby earning money for the economy. The down side is where exactly? I guess we should have just given the rich more of a tax cut that is supposed to work right? Link to comment Share on other sites More sharing options...
The Brave Little Toaster Oven Posted July 31, 2009 Share Posted July 31, 2009 Major props to whoever thought of this idea. Link to comment Share on other sites More sharing options...
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