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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (16490)7/31/2009 8:46:11 AM
From: longnshort  Respond to of 103300
 
I got as far as Paul KRUGMAN



To: puborectalis who wrote (16490)7/31/2009 9:02:28 AM
From: longnshort1 Recommendation  Read Replies (1) | Respond to of 103300
 
AP sources: Govt to suspend 'cash for clunkers'

Jul 30 07:39 PM US/Eastern
By KEN THOMAS
Associated Press Writer

WASHINGTON (AP) - Congressional officials say the government plans to suspend the popular "cash for clunkers" program amid concerns it could quickly use up the $1 billion in rebates for new car purchases.
The Transportation Department called congressional offices late Thursday to alert them to the decision to halt the program, which offered owners of old cars and trucks $3,500 or $4,500 toward a new, more fuel-efficient vehicle.

The congressional officials spoke on condition of anonymity because they were not authorized to speak publicly.

Through late Wednesday, 22,782 vehicles had been purchased through the program and nearly $96 million had been spent. But dealers raised concerns of large backlogs in the system, prompting the suspension.



To: puborectalis who wrote (16490)7/31/2009 9:06:51 AM
From: longnshort  Respond to of 103300
 
"If they can't administer a program like this, I'd be a little concerned about my health insurance," car salesman Rob Bojaryn said.

Drudge headline



To: puborectalis who wrote (16490)7/31/2009 11:49:10 AM
From: HPilot1 Recommendation  Respond to of 103300
 
And that government involvement is the only reason our system works at all.

Bull shit! If the government would get out of Medicare and other government health programs and welfare, and simply regulate against cheating and unfair policies; then that would be a much better reform. Not perfect, but nothing is.