Some drivers hit jackpot with 'Cash f...

Some drivers hit jackpot with 'Cash for Clunkers' program

There are 166 comments on the Chicago Tribune story from Jul 23, 2009, titled Some drivers hit jackpot with 'Cash for Clunkers' program. In it, Chicago Tribune reports that:

After two decades and 126,000 miles, John and Susan Musinski's 1990 Ford Econoline has made its final run.

Join the discussion below, or Read more at Chicago Tribune.

Shimari

Hesperia, CA

#150 Jul 24, 2009
Here's the punchline. The (generous) government will take those clunkers and by doing so generate many times their value in brand new carbon credits, which will then be sold at a profit to factories and power generating plants as dispensations to continue to pollute "legally". Costs will be passed on to the customer. The government is richer, the middlemen at Cantor Fitzgerald are richer. As usual, the American people get screwed. But not like they will if the so-called Energy bill gets passed.
ejhickey

Berwyn, IL

#151 Jul 24, 2009
Who wants to bet that this program will be subject to abuse and fraud.?
Obozo Destroys US

Anniston, AL

#152 Jul 24, 2009
This program has FRAUD written all over it. More screewing of the taxpayer thanks to Rahm and the boys.
Color me stupid

Chicago, IL

#153 Jul 24, 2009
What a crock...I've been buying fuel efficient vehicles for 25 years, where's the $$$ for me and other responsible buyers?

Change you can believe in...NOT!
Ralph

Chicago, IL

#154 Jul 24, 2009
jahyree wrote:
All you Obama bashers, leave the country. There is a lot of space in mexico with all those people coming here
Hey jahypee, take bayrock back to his native land and practice your religion to him there.

How's he employment scene looking in Michigan? Oh yea, there is none.
Alz

Arlington Heights, IL

#155 Jul 24, 2009
Hank Rearden wrote:
Yet another wasteful governmental program diverting funds from more fruitful endeavors to a more politically connected industry. Next idea would be to start breaking windows to jump start the replacement glass business. Then we can start digging holes so that the "hole fillers" have jobs as well.
At least BO is wrapping up the protectionist auto industry vote in Michigan and the surrounding area. I would hate for all my tax money (yes, US citizens living abroad pay taxes) to go to waste without helping further the socialist cause.
They do the equivalent of this in New Jersey and Oregon with the gas station attendent who has to fill your tank.

In the liberal mind, they have created jobs.

It's like when they supposedly had people repair roads and then rip them up again in the Depression.

To liberals, they created jobs, but in reality, if the job doesn't produce value, then it's a waste.
Just Browsing-Chicago

Chicago, IL

#156 Jul 24, 2009
Obams is gung ho in his quest to "share the wealth" - our weath that is, not is own. He is spending our dollars (or printing them in the W.H. basement) faster than the IRS can collect them. If we do not get the Congress to stop this avowed Marxist, nothing we do later on will be able to be undone for years to come.
Just Browsing-Chicago

Chicago, IL

#157 Jul 24, 2009
Shimari wrote:
Here's the punchline. The (generous) government will take those clunkers and by doing so generate many times their value in brand new carbon credits, which will then be sold at a profit to factories and power generating plants as dispensations to continue to pollute "legally". Costs will be passed on to the customer. The government is richer, the middlemen at Cantor Fitzgerald are richer. As usual, the American people get screwed. But not like they will if the so-called Energy bill gets passed.
Actually, there is no guarantee that we will not see these same "used cars" being resold and out on our streets again. Another boondoggle socialist program. What a prince this guy is.
SgtX

Aurora, IL

#158 Jul 24, 2009
Jones wrote:
<quoted text>
Most people who need new vehicles are unemployed? Where si you come up with that fact, Einstein?
If you are gainfully employed then a reliable mode of transportation is critical for you to have your job in most cases, which means you most likely have a decent car. The ones who are most likely driving around in cars that are in dire need of repair are most likely in their position with their vehicle because they are unemployed. Do you understand now, Einstein?

PS. Before posting make sure to check your grammar and sentence structure, genius!
JustAskin

Winnetka, IL

#159 Jul 24, 2009
I have a 1996 Camaro with 161K miles on it. The government website says it get 20 miles per gallon combined, just over the required 18 mpg to qualify. This car didn't get 20 mpg in 1994 let alone now. I was ready to use the program until this morning when I found out the car didn't qualify. Oh well, Metra will get my money instead.
RegularGuy

United States

#160 Jul 24, 2009
T Bone wrote:
<quoted text>
Have you checked the news recently? Automakers including the vaunted Toyota are LOSING money. So, YES, those losses are going back to Japan.
I don't care.

I look around, and I see the country that pioneered broadcast television now no longer has ONE domestic manufacturer.

We lost our consumer electronics manufacturing business decades ago.

Now our aerospace and automotive industries are in danger of shrinking or disappearing. We've gone from three commercial aircraft manufacturers to one.

The Big Three automakers are hanging on, but only by shrinking themselves and shedding brands.

I know carmakers are their own worst enemy. Back when the US set import quotas, the Japanese imports were limited in number. So Japan moved their product upscale and made more money selling quota-capped cars.

The Big Three responded to this temporary reprieve by going on a 'mergers & acquisitions' spree, buying unrelated companies instead of redesigning and retooling production.

I STILL favor a 'clunker' plan that builds American cars.
RegularGuy

United States

#161 Jul 24, 2009
Just Browsing-Chicago wrote:
<quoted text>Actually, there is no guarantee that we will not see these same "used cars" being resold and out on our streets again. Another boondoggle socialist program. What a prince this guy is.
We should ship them to Cuba. They will rebuild them and drive them another 20 years.

“Illinois Pride - Yes we WILL!”

Since: Jan 08

Ursa Minor

#162 Jul 25, 2009
RegularGuy wrote:
The program should have had two tiers. One amount for scrapping an old car for one more efficient, and a second tier with bigger rebate for buying AMERICAN.
No matter where Hyundai, KIA, or Toyota cars are built, the profits leave the country.
You can't say that either. A foreign manufacturer might take those profits and build or expand another plant here in America. Conversely, an American manufacturer might take those profits and expand their production overseas.

The automotive market is truly international.
Glass House

Gurnee, IL

#163 Jul 25, 2009
Cash for clunkers?

Does that mean I can turn in Obama for $3,500.00?

“http://tinyurl.c om/dgnlyl”

Since: May 08

Buffalo Grove, IL - HR-676!!!

#164 Jul 25, 2009
JFR wrote:
<quoted text>
Obama and the democrats know that the best way to hang on to political power is to get every dollar to pass through the federal government's hands, with the majority party dictating where the dollars go. Creating a massive welfare state is a great way to secure the dependence and loyalty of large numbers of people who receive the benefits, and to disenfranchise and strangle those who favor limited government.
Rob wrote:
<quoted text>
Read up on our American history. The President is taking an approach similar to that of FDR in the 30's when the country faced its last financial meltdown. FDR was opposed by the Republicans, accused of wasteful spending, but he followed Keynes' economic principles and they worked both in the short term AND the long term.
The Republicans set the stage for the mess we're in with deregulation and their wasteful spending to satisfy special interests. Remember that it was Presodemt Bush who repealed Clinton's fuel efficiency requirement and encouraged Americans to buy the gas guzzling Hummers with government rebates? The Democrats opposed this, cited the importance of fuel economy and independence from import oil, but the oil industry and old-fashioned auto industry has the Republicans in their pockets.
Thank you for your logical, well-stated, and correct response, Rob. You, Sir, are the voice of reason here.
Carlos T Mock MD

United States

#165 Jul 25, 2009
Sorry to sound protectionist, but if this cash for clunkers is paid with US tax dollars, should we forcing consumers to buy US made cars?
ejhickey

Berwyn, IL

#166 Jul 25, 2009
Carlos T Mock MD wrote:
Sorry to sound protectionist, but if this cash for clunkers is paid with US tax dollars, should we forcing consumers to buy US made cars?
Like a US made Honda, Toyota or BMW?
ejhickey

Berwyn, IL

#167 Jul 25, 2009
Just Browsing-Chicago wrote:
<quoted text>Actually, there is no guarantee that we will not see these same "used cars" being resold and out on our streets again. Another boondoggle socialist program. What a prince this guy is.
The cars are supposed to be destroyed. However I think you are correct that the cars will be resold in spite of the law. They may be sold overseas because it would more difficult to trace the VIN numbers. Or the cars may be taken apart and the components resold, especially the engines and the transmissions. Expect news stories in about 6-12 months disclosing the fact that people are evading the law.
RegularGuy

United States

#168 Jul 25, 2009
ejhickey wrote:
<quoted text>
Like a US made Honda, Toyota or BMW?
No. When Toyota was building the Corolla on the same Fremont, CA production as the GM Prizm, the Toyota still sold for more, and held a higher resale value than the Prizm.

The public perception was that Toyotas are better than Chevys, even when they are virtually identical cars, built by the same workers.

Those 'foreign car bigots' need an incentive to buy from the Big Three.
BastilleDay

Hammond, IN

#169 Jul 25, 2009
Gary wrote:
Is it true that a brand new Dodge qualifies as a clunker?
No, the proper term used by mechanics is "Lemon".

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