Cash For Clunkers... Sad

jimmymac said:
I do. The government blew all of our $$$$$$$. They screwed up a program in a couple months, nice job! Can't spend your to prosperity.
Click to expand...


Just wait till they do the same outstanding job with healthcare.
 
I have a theory on what this program turned into, let me know if it is "off".
The government is writing IOU's to dealerships so people can go into debt on a brand new car.

Didn't a lending crisis start this whole recession?
 
jimmymac said:
I have a theory on what this program turned into, let me know if it is "off".
The government is writing IOU's to dealerships so people can go into debt on a brand new car.

Didn't a lending crisis start this whole recession?
Click to expand...

I think you're right on. I have wondered if people get $4500 for their "clunker" from the government then where do they get the other $20,000? Are the banks being bullied into making bad loans like they were before the housing market crashed? In a few months, will the car market be flooded with a bunched of repo'd cars thanks to this program? What will that do to new car sales? How many more bailouts can we afford?

We have nothing to worry about though. I just saw Obama on TV saying this cash for clunkers program has been "successful beyond anybody's expectations and we are victims of it's success".
 
I didn't say anything about Dem's or Obama, I said the gov't. which is Dems, Rep's, and Independent's.

I understand being understaffed, who thought this thing out. They now have to borrow workers from other agencies making them understaffed. How much money is this going to cost?

I agreed with your logic on the amount of gas saved, but that has proven to be a little less than you reported seeing how some of the vehicles that qualify only get 18mpg. What is your take on my theory? Writing IOU's so people can go into debt on brand new cars.

Just got 2 unsecured loans. One in June '08 for $5400 and one in Feb. '09 for $3800.
All I had to do was show them I had a paycheck. It was very simple only took about 30 minutes.
 
Ok, either way...blame it on the government.:rolleyes: When it is truely the fault of the dealerships for incorrectly filling out the paperwork. And the fault of 300,000 citizens for taking advantage of the program. The governments only fault was underestimating the success of the program and the NHTSA not being adequately staffed.


I don't see it as the government writing an IOU to dealerships so people will go into debt any more than I viewed the first tax break stimulus in 2006 as the government issuing money to people so they would pay off their credit cards and get out of debt.

It is simply what it is....a stimulus program.


My point regarding obtaining an unsecured loan (or even a secured loan) was directed at glbert's statement. Credit and lending institutions are not making those high risk loans any longer. They are much pickier about who they approve.
 
I don't think it was the government's intention to send people into debt. It is part of what is going on. I understand the need to stimulate the auto industry. I am just weighing the cost vs. the gain. Right now I don't see it equaling out. I could be wrong in the end.

I think you are a little mis informed about who is getting loans, if they were remotely picky I would not have gotten one. Trust me on that. I refinanced my house 6mos. after I bought to get a lot better interest rate, didn't even have to show proof of income for that. Makes you wonder doesn't it?

No it is not all the governments fault. I do wonder what is involved with the paperwork. If it is anything like the rest of our governments paperwork you are gonna have to hire some real pro's at sifting through gov't BS to get it right. I don't think you can argue with that. Wasn't any problems when they were just throwing money at whoever said they needed it.
 
Not misinformed at all. I have three examples of people who could not get approved for a loan. All with no bad marks on their credit report, all with long work histories.

They are my employees. One female 23 years old (who has a loan that I cosigned for at the same bank who denied her, and has never been late on a payment), one female 20 years old (who has only 1 secured credit card with $0 balance), and my son who is 19 (who I wound up cosigning for).

So yes, I am very informed about who is getting approved.
 
That's weird because I had no problem and I do not have great credit. Got a good job that I have been at longer than a year, that's all they requested.

It was fun kingeddy but I get to go home now. Until next time.
 
we know who the clunker is

Not from my cousin. This is from a friend. Telling, to say the least.



​
Well folks, I just received the following via email from my cousin's wife. She sent it to all on her mail list. They live in Bozeman , Montana . The only thing I've changed in the email is my cousin's name, for the sake of privacy. My cousin was a Navy pilot. He then flew commercial jets until his retirement. He still flies his own plane and is very involved with the airport operations near their home. He is one of the most patriotic people I know, AND both he and his wife hold themselves to the highest standards of integrity. The following email describes their experience at Obama's "town hall" meeting in Montana .

Quote:


Hello All,

By now you have probably heard that President Obama came to Montana last Friday. However, there are many things that the major news has not covered. I feel that since Joe and I live here and we were at the airport on Friday I should share some facts with you. Whatever you decide to do with the information is up to you. If you chose to share this email with others I do ask that you DELETE my email address before you forward this on.

On Wednesday, August 5th it was announced locally that the President would be coming here. There are many groups here that are against his healthcare and huge spending so those groups began talking and deciding on what they were going to do. The White House would not release ANY details other than the date.

On about Tuesday Joe found out that they would be holding the "Town Hall" at the airport. (This is only because Joe knows EVERYONE at the airport) Our airport is actually located outside of Belgrade (tiny town) in a very remote location. Nothing is around there. They chose to use a hangar that is the most remotely located hangar. You could not pick a more remote location, and you can not get to it easily. It is totally secluded from the public.
FYI: We have many areas in Belgrade and Bozeman which could have held a large amount of folks with sufficient parking. (gymnasiums/auditoriums). All of which have chairs and tables, and would not have to be SHIPPED IN!! $$$$$
During the week, cargo by the TONS was being shipped in constantly. Airport employees could not believe how it just kept coming. Though it was our President coming several expressed how excessive it was, especially during a recession. $$$$$

Late Tuesday/early Wednesday the 12th, they said that tickets would be handed out on Thursday 9am at two locations and the president would be arriving around 12:30 Friday.

Thursday morning about 600 tickets were passed out. However, 1500 were printed at a Local printing shop per White House request. Hmmmm......900 tickets just DISAPPEARED.
This same morning someone called into the radio from the local UPS branch and said that THOUSANDS of Dollars of Lobster were shipped in for Obama. Montana has some of the best beef in the nation!!! And it would have been really wonderful to help out the local economy. Anyone heard of the Recession?? Just think...with all of the traveling the White House is doing. $$$$$ One can only imagine what else we are paying for.

On Friday Joe and I got out to the airport about 10:45am. The groups that wanted to protest Obama's spending and healthcare had gotten a permit to protest and that area was roped off. But that was not to be. A large bus carrying SEIU (Service Employees International Union) members drove up onto the area (illegal)and unloaded right there. It was quite a commotion and there were specifically 2 SEIU men trying to make trouble and start a fight. Police did get involved and arrested the one man but they said they did not have the manpower to remove the SEIU crowd.
The SEIU crowd was very organized and young. About 99% were under the age of 30 and they were not locals! They had bullhorns and PROFESSIONALLY made signs. Some even wore preprinted T-shirts. Oh, and Planned Parenthood folks were with them.....professing abortion rights with their T-shirts and preprinted signs. (BTW, all these folks did have a permit to protest in ANOTHER area)

Those against healthcare/spending moved away from the SEIU crowd to avoid confrontation. They were orderly and respectful. Even though SEIU kept coming over and walking through, continuing to be very intimidating and aggressive at the direction of the one SEIU man.

So we had Montana folks from ALL OVER the state with their homemade signs and their DOGS with homemade signs. We had cowboys, nurses, doctors you name it. There was even a guy from Texas who had been driving through. He found out about the occasion, went to the store, made a sign, and came to protest.

If you are wondering about the press.....Well, all of the major networks were over by that remote hangar I mentioned. They were conveniently parked on the other side of the buildings FAR away. None of these crowds were even visible to them. I have my doubts that they knew anything about the crowds.
We did have some local news media around us from this state and Idaho . Speaking of the local media...they were invited. However, all questions were to be turned into the White House in advance of the event. Wouldn't want anyone to have to think off the top of their head.

It was very obvious that it was meant to be totally controlled by the White House. Everything was orchestrated down to the last detail to make it appear that Montana is just crazy for Obama and government healthcare. Even those people that talked about their insurance woes........the White House called our local HRDC (Human Resource and Development Committee) and asked for names. Then the White House asked those folks to come. Smoke and mirrors...EVERYTHING was staged!!!!!!!!!!!

I am very dismayed about what I learned about our current White House. The amount of control and manipulation was unbelievable. I felt I was not living in the United States of America , more like the USSR !! I was physically nauseous. Joe and I have been around when Presidents or Heads of State visit. It has NEVER been like this. I am truly very frightened for our country. America needs your prayers and your voices. If you care about our country please get involved. Know the issues. And let Congress hear your voices again and again!! If they are willing to put forth so much effort to BULLY a small town one can only imagine what is going on in Washington DC . Scary!!
 
dirt hound said:
Not from my cousin. This is from a friend. Telling, to say the least.



​
Well folks, I just received the following via email from my cousin's wife. She sent it to all on her mail list. They live in Bozeman , Montana . The only thing I've changed in the email is my cousin's name, for the sake of privacy. My cousin was a Navy pilot. He then flew commercial jets until his retirement. He still flies his own plane and is very involved with the airport operations near their home. He is one of the most patriotic people I know, AND both he and his wife hold themselves to the highest standards of integrity. The following email describes their experience at Obama's "town hall" meeting in Montana .

Quote:


Hello All,

By now you have probably heard that President Obama came to Montana last Friday. However, there are many things that the major news has not covered. I feel that since Joe and I live here and we were at the airport on Friday I should share some facts with you. Whatever you decide to do with the information is up to you. If you chose to share this email with others I do ask that you DELETE my email address before you forward this on.

On Wednesday, August 5th it was announced locally that the President would be coming here. There are many groups here that are against his healthcare and huge spending so those groups began talking and deciding on what they were going to do. The White House would not release ANY details other than the date.

On about Tuesday Joe found out that they would be holding the "Town Hall" at the airport. (This is only because Joe knows EVERYONE at the airport) Our airport is actually located outside of Belgrade (tiny town) in a very remote location. Nothing is around there. They chose to use a hangar that is the most remotely located hangar. You could not pick a more remote location, and you can not get to it easily. It is totally secluded from the public.
FYI: We have many areas in Belgrade and Bozeman which could have held a large amount of folks with sufficient parking. (gymnasiums/auditoriums). All of which have chairs and tables, and would not have to be SHIPPED IN!! $$$$$
During the week, cargo by the TONS was being shipped in constantly. Airport employees could not believe how it just kept coming. Though it was our President coming several expressed how excessive it was, especially during a recession. $$$$$

Late Tuesday/early Wednesday the 12th, they said that tickets would be handed out on Thursday 9am at two locations and the president would be arriving around 12:30 Friday.

Thursday morning about 600 tickets were passed out. However, 1500 were printed at a Local printing shop per White House request. Hmmmm......900 tickets just DISAPPEARED.
This same morning someone called into the radio from the local UPS branch and said that THOUSANDS of Dollars of Lobster were shipped in for Obama. Montana has some of the best beef in the nation!!! And it would have been really wonderful to help out the local economy. Anyone heard of the Recession?? Just think...with all of the traveling the White House is doing. $$$$$ One can only imagine what else we are paying for.

On Friday Joe and I got out to the airport about 10:45am. The groups that wanted to protest Obama's spending and healthcare had gotten a permit to protest and that area was roped off. But that was not to be. A large bus carrying SEIU (Service Employees International Union) members drove up onto the area (illegal)and unloaded right there. It was quite a commotion and there were specifically 2 SEIU men trying to make trouble and start a fight. Police did get involved and arrested the one man but they said they did not have the manpower to remove the SEIU crowd.
The SEIU crowd was very organized and young. About 99% were under the age of 30 and they were not locals! They had bullhorns and PROFESSIONALLY made signs. Some even wore preprinted T-shirts. Oh, and Planned Parenthood folks were with them.....professing abortion rights with their T-shirts and preprinted signs. (BTW, all these folks did have a permit to protest in ANOTHER area)

Those against healthcare/spending moved away from the SEIU crowd to avoid confrontation. They were orderly and respectful. Even though SEIU kept coming over and walking through, continuing to be very intimidating and aggressive at the direction of the one SEIU man.

So we had Montana folks from ALL OVER the state with their homemade signs and their DOGS with homemade signs. We had cowboys, nurses, doctors you name it. There was even a guy from Texas who had been driving through. He found out about the occasion, went to the store, made a sign, and came to protest.

If you are wondering about the press.....Well, all of the major networks were over by that remote hangar I mentioned. They were conveniently parked on the other side of the buildings FAR away. None of these crowds were even visible to them. I have my doubts that they knew anything about the crowds.
We did have some local news media around us from this state and Idaho . Speaking of the local media...they were invited. However, all questions were to be turned into the White House in advance of the event. Wouldn't want anyone to have to think off the top of their head.

It was very obvious that it was meant to be totally controlled by the White House. Everything was orchestrated down to the last detail to make it appear that Montana is just crazy for Obama and government healthcare. Even those people that talked about their insurance woes........the White House called our local HRDC (Human Resource and Development Committee) and asked for names. Then the White House asked those folks to come. Smoke and mirrors...EVERYTHING was staged!!!!!!!!!!!

I am very dismayed about what I learned about our current White House. The amount of control and manipulation was unbelievable. I felt I was not living in the United States of America , more like the USSR !! I was physically nauseous. Joe and I have been around when Presidents or Heads of State visit. It has NEVER been like this. I am truly very frightened for our country. America needs your prayers and your voices. If you care about our country please get involved. Know the issues. And let Congress hear your voices again and again!! If they are willing to put forth so much effort to BULLY a small town one can only imagine what is going on in Washington DC . Scary!!
Click to expand...

This sounds like the biggest bunch of BS there ever was.....a Right Wingnut invented chain email.
 
dirt hound said:
But its ik for the liberals to push there way around at one these town hall wink wink meetings
Click to expand...
I should have added that on the internet anybody can say almost whatever they want to and the people who want to believe it will without knowing if it really has any credibility whatsoever.

And were you so critical when Bush held a fake meeting in the 4400 block of Gustine years ago where his aides stenciled empty cartons with "Made In USA? I'll bet Faux News never reported that one. Speaking of Faux, I came across a very telling article about them and a lawsuit to allow them to more or less make up news. Here's the link.


http://www.relfe.com/media_can_legally_lie.html
 
Now that the program is over,let's see how the dealers handle next month when there is no traffic in the showrooms. Anyone that was going to buy a new car has aready bought. They will be back in the same spot as before!
 
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