SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tenchusatsu who wrote (501550)8/6/2009 3:45:06 PM
From: tejek  Read Replies (2) of 1576160
 
Ted, > What is your question?

Every car that is being traded in is going to be scrapped. Essentially the government is paying $4,500 per pile of scrap. It doesn't matter whether the car was road-worthy to begin with.


WTF? I will pose the same question to you that I posed to inode....do you not read the knews, or are you just a dumb fukk? Back in March, no one was buying cars. It looked like the world was going into a global depression. Rs like Bernanke and Paulson were terrified as were many others. Cars for clunkers was one of several attempts to stimulate the economy's recovery. Its working. You should be grateful; not churlish.

There is a reason why that requirement is in place, though. It's real simple. The government doesn't want people going out there, picking up some pike of junk, then trading it in for $4,500. That's an incredible waste of taxpayer's money (although guys like you and RW think that even wasteful spending is "stimulus").

RW and I are both fiscal conservatives. However, we are not ideologues. That allows us a degree of flexibility that apparently the Rs do not have. Sorry.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext