August 21, 2009

'Cash for Clunkers' Ending

In a huge success that some conservatives are still trying to portray as a failure, on Monday Cash For Clunkers will be ending for the moment, after tallying almost half a million cars exchanged.

The plan for ending 'Cash for Clunkers', at least for now, was announced on the website, and speaking to the press this week President Obama hailed it as a great success, even as some right-wingers tried to make it out as a failure, basically because it succeeded much faster than expected.

Dealers are expressing concerns about continuing delays in getting their reimbursements, but that is expected to work itself out, especially once 'Cash for Clunkers' ends, giving the bureaucracy a better chance to catch up.

People may have a sentimental attraction to those old cars, but for the most part they were gas guzzling bad boys that needed to be retired, for the sake of the planet and our wallets. No signs yet that the program will be revived later, but I'm hoping New York can still get a special deal to trade in our entire subway system.

'Cash for Clunkers' Ending

The popular "cash-for-clunkers'' program in which the federal government has offered car-owners $3 billion to trade in older vehicles for newer, more fuel-efficient models this summer, will end on Monday evening, according to the Obama administration. As of 8 p.m. EDT on Monday, the program will be shut down, a senior administration official said today...

'Cash for Clunkers' Ending

Posted at August 21, 2009 3:38 AM

Huge Success! Are you really serious? This is a preview of what it might be like if Big Brother were to run Healthcare in America. Overspent, under budget, and enough Bureacasy red tape to choke an elephant. Saw a car dealer last night who has sold over 100 cars, but has yet to receive a dime of the rebate, which was "supposed" to take a max of 10 days. He's now concerned that some of the applications may even get rejected because of the lack of funds. C for C was a failure from the beginning. It was scheduled to begin July 1st and run through September, however it never got off the ground until late July. The first day the system crashed and no one could access the db. By day 3, it was declared that all the money was already allotted and the program would have to end. But never fail, Big Brother then throwed another billion at the program, only to sustain it another week and a half. Not to mention the fact each application is over 100 pages long, which requires auto dealers to hire a temporary work force just to process the paperwork. Plus auto mechanics everywhere are now struggling to keep business, and charity organizations that supply cars to the needy and elderly are now looking for other alternatives. And all the folks that bought cars are now in debt, (which most Americans can't afford more of right now), for the majority of which already had a car that was safer than the new one purchased. All to save mother Earth. This program didn't help the enviornment one ioda. The car crushing industry is overwhelmed, and I have yet to see a hybrid bulldozer. Give me a break!

Posted by: Beulahland at August 21, 2009 10:31 AM

I am a conservative andwill explain why the Cash for Clunkers is a true clunker:

1. Poor planning - the original $1 billion was supposed to have lasted for 3 to 4 months. It lasted one week.

2. When the program ran out of the first billion, two additional billion was thrwn into the pot from... wait for it... UNALLOCATED funds from the stimulus package. It should get every American fuming when they find out that the stimulus package was so well thought out and written that it has billions of dollars unallocated and ready to burn.

3. All cars traded in have to be destroyed. I personaly know a few used car dealers who are complaining that because of the clunkers program there are no quality low cost used cars available.

4. The cars that are most damaging to the environment were not included in the program. Thimlk about this the next time you see that 1963 caddy that is smoking and coughing down the street.

5. The program was so wildly successful that Ford is ramping up production of its cars. unfortunately clunkers is now ending on Monday 8/24. What is Ford going to do with all of those cars when the program ends? It will have an unsellable inventory.

6. As any dealer who has money tied up in the program what they think about it.

7. The "growth" that was felt during the program is unsustainable. It is a bump caused by giving away 3 billion dollars. In this, it has something in common with the overall stimulus package, a give away and receiving nothing for the money.

Finally, and here is the conspiracy theory part, sorry but no aliens. The clunkers program is a payback for the support that this administration received from the unions. it has no value other than kickback between increasingly corrupt organizations the unions and the Obama administration.

Posted by: Fred Anastas at August 21, 2009 11:00 AM

GREAT program The best 3 bil$ the gov has ever spent. Helps
1 Over 1/2 a million people get a new car
2 the environment
3 boost car sales
4 save/creat jobs
OR we could have purchased 6 F22 Raptors - a plane with no mission, that even the militay concides is a white elephant.
Which do you think was better for the American people.

Posted by: steve at August 21, 2009 2:52 PM

What's so sad about this program is that many of the new cars bought will never last long enough to ever become a clunker. The people who threw away their so called clunkers will wish they had them back. Most would still be running 5 years from now while their throw hybrid pieces of crap will be going to the dumpster.

Posted by: tanner at August 21, 2009 10:04 PM

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