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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (501070)	8/4/2009 2:10:50 PM
From: longnshort	Respond to of 1576600

I hear DOT hired 300 private contractors to help with the paper work. How many people does DOT already have that are just hanging out all day at their workfare job ?

To: i-node who wrote (501070)	8/4/2009 2:21:26 PM
From: HPilot	Read Replies (2) \| Respond to of 1576600

With all of the steep rebates of $3000 to $5,000 I don't understand why this rebate hit the public as it did. Yeah if you have a $300 clunker it seems great to get $3,500 or $4,500 for it. But if you have a $4,500 rebate then you get that plus your $300 trade in. And a lot of vehicles traded in are worth a couple grand or more. I guess most of the appeal was because it was used for cars that don't normally get that much of a rebate. Though some were even during this program.

To: i-node who wrote (501070)	8/5/2009 11:43:04 AM
From: tejek	Read Replies (1) \| Respond to of 1576600

EDITORIAL: Let's extend cash-for-clunkers August 4, 2009 The holy grail of href="/topics/Economic_Stimulus">economic stimulus is to quickly get money into the hands of people who will immediately spend it. Judged by that standard, cash-for-clunkers is a runaway success. The Senate shouldn't leave town this week without providing $2 billion to extend the popular program. Launched July 27, it has almost exhausted the initial $1 billion authorized to give motorists an incentive of up to $4,500 to trade in gas-guzzling, polluting clunkers and buy higher-mileage new cars. After fueling the sale of 250,000 vehicles in a week and driving auto sales to their highest level in nearly a year, the program will sputter to a halt unless the Senate acts. The House voted an additional $2 billion for the program Friday before leaving for its August recess. In Washington parlance it's not "new money." The House shifted the $2 billion from an energy loan guarantee program that was funded in the stimulus act. The going is tougher in the Senate, where some want to kill the program and others want to tweak it, for instance to require a greater gain in fuel efficiency. But the junked cars averaged 15.8 mpg while those bought averaged 25.4. That's real improvement. If the Senate tinkers with the program, it would likely lapse until the House returns to reconcile the two versions, and new regulations are written. The Senate should extend the program as is. Any tweaking should be left for September, when the full Congress will be back at work. Why stall a roaring success? newsday.com