they are spending my tax money like drunken sailors....this will
only prolong the problem.....and I'd love to know what the repo
rate is on these...more wealth re-distribution...
And for everyone of these cars sold probably .9 of them are NEW
CONSUMER DEBT. Just what we need - new debt. Folks trading in OLD
cars that were paid for, to go into debt because the government is
going to give them a tax credit or whatever in this economy is just
insane. DC is going to do everything it can to manipulate
people to stay in debt and not save.
Alright More $$ for cash for cars program ... Were going
to spend our way to recovery .. I just hope I'm not the last one
standing holding the IOU bag o that'r right its call taxing the
rich. Go Obama Go
Posted by rgoodwin on 31st of Jul 2009 at 12:23 pm
I say just get rid of everyone there. More important than not
paying taxes is to start reminding these idiots about who it is
they WORK FOR. When was the last time you had a job where your boss
let you do anything and everything you wanted to do, including but
not limited to bankrupting the compnay...ummm....probably
never!?
Sounds familiar. The fed lowers interest rates to the
point that people that planned to wait to buy a house in 2-3
years when they could afford, decided they couldn't afford to
wait. With all those housing sales pulled forward, by
the time the housing crisis started everyone who wanted a
house had already bought one (not to mention the ones that did buy
found out the hard way that they really couldn't afford it).
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Cash for Clunkers
Posted by dylan398 on 31st of Jul 2009 at 12:16 pm
they are spending my tax money like drunken sailors....this will only prolong the problem.....and I'd love to know what the repo rate is on these...more wealth re-distribution...
Cash for Clunkers
Posted by rgoodwin on 31st of Jul 2009 at 12:21 pm
And for everyone of these cars sold probably .9 of them are NEW CONSUMER DEBT. Just what we need - new debt. Folks trading in OLD cars that were paid for, to go into debt because the government is going to give them a tax credit or whatever in this economy is just insane. DC is going to do everything it can to manipulate people to stay in debt and not save.
Alright More $$ for cash
Posted by cspirit on 31st of Jul 2009 at 12:19 pm
Alright More $$ for cash for cars program ... Were going to spend our way to recovery .. I just hope I'm not the last one standing holding the IOU bag o that'r right its call taxing the rich. Go Obama Go
it will continue as long
Posted by macnsc on 31st of Jul 2009 at 12:18 pm
it will continue as long as American keep paying "their taxes"...protest and show courage as did the founders...
I say just get rid
Posted by rgoodwin on 31st of Jul 2009 at 12:23 pm
I say just get rid of everyone there. More important than not paying taxes is to start reminding these idiots about who it is they WORK FOR. When was the last time you had a job where your boss let you do anything and everything you wanted to do, including but not limited to bankrupting the compnay...ummm....probably never!?
Cash for Clunkers
Posted by mkrmdz on 31st of Jul 2009 at 12:30 pm
Each billion sells 222,222 cars which is nice. Are these new sales are just pulling forward sales that would have occurred anyway?
Heavy discounting andrebates in all sectors is training customers to wait for the sale.
Once the program is exhaused, sales will resume at run rate volumes until the next deal.
Housing bubble
Posted by jd111 on 31st of Jul 2009 at 12:54 pm
Sounds familiar. The fed lowers interest rates to the point that people that planned to wait to buy a house in 2-3 years when they could afford, decided they couldn't afford to wait. With all those housing sales pulled forward, by the time the housing crisis started everyone who wanted a house had already bought one (not to mention the ones that did buy found out the hard way that they really couldn't afford it).