So, I thought about doing the cash for clunkers. - Page 3

DPD6030 · 07-28-2009, 04:43 AM

I know this is probably irrevalent but I always said the government could have gave every American citizen $100,000 or more to spend and stipulate to buy a new vehicle from one of the major manufacturers. Instead they "loan" the companies BILLIONS of dollars and these BILLIONS of dollars were to "bail" them out. They still file bankruptcy. So where did all these BILLIONS of dollars go?

Rabidsquirrel · 07-28-2009, 02:28 PM

It just isn't feasible to give every citizen $100,000. The current US population is about 300 million. Say half are 18 and up and that gives you (a guess) 150 million people. At $100K each, that's $15 TRILLION dollars, or $1.2 trillion more than our GDP.

As far as where it went, it didn't exist in the first place. That's what go us into this whole mess in the first place. Which kind of makes my first paragraph moot.

That was fairly non political, I guess.

GreekGodX · 08-01-2009, 07:17 AM

If I had a car that qualified I would do this in a heartbeat. I think it's a great deal. Some local dealerships are also matching the government money. Bottom line is cars need to be sold.

08-01-2009, 08:14 AM

Although I am against tax dollars being used for rebates on cars, I love the fact it happened. Gives great insight whats in store for Gov. ran health care. Confusion, server crashes, suppliers unable to submit paperwork, consumers limited by flow chart like requirements....

And this was just 200,000+ cars.

Chas

captain53 · 08-01-2009, 08:24 AM

Quote:

Originally Posted by ChasDen

Although I am against tax dollars being used for rebates on cars, I love the fact it happened. Gives great insight whats in store for Gov. ran health care. Confusion, server crashes, suppliers unable to submit paperwork, consumers limited by flow chart like requirements....

And this was just 200,000+ cars.

Chas

Amen Chuck, this is a minature sample of what is to come if the gov takes any level of control over healthcare. Don't forget they spent $19 million for the cars.gov web site that does not work.

forgop · 08-01-2009, 08:28 AM

Quote:

Originally Posted by ChasDen

Although I am against tax dollars being used for rebates on cars, I love the fact it happened. Gives great insight whats in store for Gov. ran health care. Confusion, server crashes, suppliers unable to submit paperwork, consumers limited by flow chart like requirements....

And this was just 200,000+ cars.

Chas

larryinlc · 08-01-2009, 10:12 AM

We spend many billions annually on foreign aid, so it's nice that the government spends a little on our citizens. Not to mention it's apparently helping the auto industry as well. Short term anyway.

Larry

08-01-2009, 10:23 AM

Ya know, I drove by a dealership here in town and started LMAO.

If that ain't the perfect place for a Ford Truck......

08-01-2009, 10:48 AM

Can I trade in my wife's Forester for a Maserati GranTurismo? Just thinkin'.

poker · 08-03-2009, 02:32 PM

Just a simple reminder folks:

Quote:

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Lets not let it turn into politics.

07-28-2009, 04:43 AM	#1
DPD6030 Shepard of the sheeple Join Date: Oct 2008 First Name: Andrew Location: The Mitten Posts: 7,166 Trading: (151)	Re: So, I thought about doing the cash for clunker I know this is probably irrevalent but I always said the government could have gave every American citizen $100,000 or more to spend and stipulate to buy a new vehicle from one of the major manufacturers. Instead they "loan" the companies BILLIONS of dollars and these BILLIONS of dollars were to "bail" them out. They still file bankruptcy. So where did all these BILLIONS of dollars go?

07-28-2009, 02:28 PM	#2
Rabidsquirrel Moderately Confused Join Date: Oct 2008 Location: Pennsylvania, US Posts: 576 Trading: (5)	Re: So, I thought about doing the cash for clunker It just isn't feasible to give every citizen $100,000. The current US population is about 300 million. Say half are 18 and up and that gives you (a guess) 150 million people. At $100K each, that's $15 TRILLION dollars, or $1.2 trillion more than our GDP. As far as where it went, it didn't exist in the first place. That's what go us into this whole mess in the first place. Which kind of makes my first paragraph moot. That was fairly non political, I guess.

08-01-2009, 07:17 AM	#3
GreekGodX Opa!! Join Date: Mar 2009 First Name: Christos Location: 7 Line Posts: 4,894 Trading: (82)	Re: So, I thought about doing the cash for clunker If I had a car that qualified I would do this in a heartbeat. I think it's a great deal. Some local dealerships are also matching the government money. Bottom line is cars need to be sold. __________________ "If I give a businessman 10,000 francs, what is that to him, he is rich. But if I give him a Cohiba cigar, that is style."-Hotel Rwanda

08-01-2009, 08:14 AM	#4
ChasDen Guest Posts: n/a	Re: So, I thought about doing the cash for clunker Although I am against tax dollars being used for rebates on cars, I love the fact it happened. Gives great insight whats in store for Gov. ran health care. Confusion, server crashes, suppliers unable to submit paperwork, consumers limited by flow chart like requirements.... And this was just 200,000+ cars. Chas

08-01-2009, 10:12 AM	#7
larryinlc Angry Packer Fan Join Date: Feb 2009 First Name: Larry Location: Starvalley Posts: 325 Trading: (15)	Re: So, I thought about doing the cash for clunker We spend many billions annually on foreign aid, so it's nice that the government spends a little on our citizens. Not to mention it's apparently helping the auto industry as well. Short term anyway. Larry

08-01-2009, 10:23 AM	#8
tobii3 Guest Posts: n/a	Re: So, I thought about doing the cash for clunker Ya know, I drove by a dealership here in town and started LMAO. If that ain't the perfect place for a Ford Truck......

08-01-2009, 10:48 AM	#9
zonedar Guest Posts: n/a	Re: So, I thought about doing the cash for clunker Can I trade in my wife's Forester for a Maserati GranTurismo? Just thinkin'.