Comments on: Of Course Cash for Clunkers Was Going to Work! http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/ Thu, 16 Feb 2012 00:21:01 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: frank http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/#comment-385305 frank Sat, 29 Aug 2009 02:43:24 +0000 http://pajamasmedia.com/?p=63620#comment-385305 what is going to happen when the people cant pay there payments they will lose there cars an do they know they are going to have to pay taxes on that money what is going to happen when the people cant pay there payments they will lose there cars an do they know they are going to have to pay taxes on that money

]]> By: Sam http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/#comment-374367 Sam Fri, 14 Aug 2009 21:53:55 +0000 http://pajamasmedia.com/?p=63620#comment-374367 Chuck: The amount of pollutants released during the decommissioning are trivial compared to those released by letting the car keep driving Chuck: The amount of pollutants released during the decommissioning are trivial compared to those released by letting the car keep driving

]]> By: Scott http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/#comment-370666 Scott Mon, 10 Aug 2009 17:46:27 +0000 http://pajamasmedia.com/?p=63620#comment-370666 "We are seeing the same principles at work in Cash for Clunkers, arguably the most successful program of the last year because the American people were left free to make their own decisions with their tax money." Ummm how do you figure? I'm still getting taxed to the tune of over $30k per year, the Fed is still borrowing money, and I have elected not to add a car payment to my debt. Other people are spending MY tax dollars not me. In addition my wife's older car doesn't qualify due it already being fuel efficient, so even if I were all fired up to add more debt I would be unable to take advantage of the program anyway. Cut Government spending, cut taxes, and let people keep more of their money. If I were able to keep just 50% of my tax money I could afford to buy a moderately priced car every year or two in cash...how's THAT for stimulating the auto industry? “We are seeing the same principles at work in Cash for Clunkers, arguably the most successful program of the last year because the American people were left free to make their own decisions with their tax money.”

Ummm how do you figure? I’m still getting taxed to the tune of over $30k per year, the Fed is still borrowing money, and I have elected not to add a car payment to my debt. Other people are spending MY tax dollars not me. In addition my wife’s older car doesn’t qualify due it already being fuel efficient, so even if I were all fired up to add more debt I would be unable to take advantage of the program anyway.

Cut Government spending, cut taxes, and let people keep more of their money. If I were able to keep just 50% of my tax money I could afford to buy a moderately priced car every year or two in cash…how’s THAT for stimulating the auto industry?

]]> By: Wacky Hermit http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/#comment-370491 Wacky Hermit Mon, 10 Aug 2009 14:42:14 +0000 http://pajamasmedia.com/?p=63620#comment-370491 When I drove my old paid-in-full Pontiac minivan into the ground, after replacing the engine once, I paid cash for an ancient Toyota Previa with almost 400,000 miles on it so that I could drive it while I (horrors!) save up for a better van. Whatever happened to the "don't buy stuff you can't afford" principle? When I drove my old paid-in-full Pontiac minivan into the ground, after replacing the engine once, I paid cash for an ancient Toyota Previa with almost 400,000 miles on it so that I could drive it while I (horrors!) save up for a better van.

Whatever happened to the “don’t buy stuff you can’t afford” principle?

]]> By: Brian http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/#comment-370420 Brian Mon, 10 Aug 2009 12:53:50 +0000 http://pajamasmedia.com/?p=63620#comment-370420 I elected to keep my clunker! Gets me from point A to B and I don't have a car payment... I am thinking I will get another 10 years out of it. I elected to keep my clunker! Gets me from point A to B and I don’t have a car payment… I am thinking I will get another 10 years out of it.

]]> By: vivo http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/#comment-370418 vivo Mon, 10 Aug 2009 12:48:31 +0000 http://pajamasmedia.com/?p=63620#comment-370418 "Simply put: we have put the American people back in charge of the purse strings." You mean the decision between buying a car or not? “Simply put: we have put the American people back in charge of the purse strings.”

You mean the decision between buying a car or not?

]]> By: Kevin http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/#comment-370310 Kevin Mon, 10 Aug 2009 06:43:09 +0000 http://pajamasmedia.com/?p=63620#comment-370310 People do not realize that the THEY are going to pay for these programs. Yes the taxpayers are going to pick up the tab. You the taxpayer are going to pay. The Federal Govt does not have it's own money .... each voucher is coming in part out of your bank account. Your first installment on these car loans will be paid on April 15th. People do not realize that the THEY are going to pay for these programs. Yes the taxpayers are going to pick up the tab. You the taxpayer are going to pay. The Federal Govt does not have it’s own money …. each voucher is coming in part out of your bank account. Your first installment on these car loans will be paid on April 15th.

]]> By: john from cinncinatti http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/#comment-370279 john from cinncinatti Mon, 10 Aug 2009 03:27:55 +0000 http://pajamasmedia.com/?p=63620#comment-370279 my clunkers are worth more than 4500. plus i would get a generic p.o.s. and the appropriate payment to go with it. hey my son has a 2 door post 55 chevy with a 454 5 speed,ford 9 inch 3.23 posi,disc brakes all around, it definitely gets bad gas mileage, it qualifies as a clunker. we laughed about it, it gets bad mileage really fast. my clunkers are worth more than 4500. plus i would get a generic p.o.s. and the appropriate payment to go with it. hey my son has a 2 door post 55 chevy with a 454 5 speed,ford 9 inch 3.23 posi,disc brakes all around, it definitely gets bad gas mileage, it qualifies as a clunker. we laughed about it, it gets bad mileage really fast.

]]> By: HonestJon http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/#comment-370271 HonestJon Mon, 10 Aug 2009 02:45:16 +0000 http://pajamasmedia.com/?p=63620#comment-370271 31. David Thomson: Thanks, DT. I wasn't the one who thought of it, though. Here's the meaty part of the article that I was referring to, followed by the link: "It isn’t clear this will even lead to more auto production over time, since the clunker cash may simply cause buyers to move their purchases forward. GDP will get a fillip in the third and perhaps fourth quarters, which will please the Obama Administration. But the test will be if auto sales hold up next year and into the future once the clunker checks go away. The debate over the subsidy may even have prolonged this year’s auto slump as buyers delayed their purchases waiting for the free lunch." http://online.wsj.com/article/SB10001424052970204313604574326531645819464.html 32. Calvin Ball: That's a very good analogy, if a bit too graphic. regards 31. David Thomson: Thanks, DT. I wasn’t the one who thought of it, though. Here’s the meaty part of the article that I was referring to, followed by the link:

“It isn’t clear this will even lead to more auto production over time, since the clunker cash may simply cause buyers to move their purchases forward. GDP will get a fillip in the third and perhaps fourth quarters, which will please the Obama Administration. But the test will be if auto sales hold up next year and into the future once the clunker checks go away. The debate over the subsidy may even have prolonged this year’s auto slump as buyers delayed their purchases waiting for the free lunch.”

http://online.wsj.com/article/SB10001424052970204313604574326531645819464.html

32. Calvin Ball: That’s a very good analogy, if a bit too graphic.

regards

]]> By: justmy2cents http://pjmedia.com/blog/of-course-cash-for-clunkers-was-going-to-work/#comment-370248 justmy2cents Mon, 10 Aug 2009 01:27:46 +0000 http://pajamasmedia.com/?p=63620#comment-370248 Three billion to create some temporary jobs, that we the taxpayer have to pay in the long run. What ever happened to spending ones own money or giving your own money away? Taking my money to give to someone making more than me is just flat out wrong. Who benefits from this? The banks, Auto co, some workers get a few more weeks of employment but mainly the banks and auto makers benefit. We might as well have a cash for clunker TV set program, look at all the energy they waste, trade in your old 19” for a new 30+ flat panel. Or a upgrade your home furnace/ ac system program. Why stop there how about a vacation program to help out the poor vacation industry. Three billion to create some temporary jobs, that we the taxpayer have to pay in the long run. What ever happened to spending ones own money or giving your own money away? Taking my money to give to someone making more than me is just flat out wrong. Who benefits from this? The banks, Auto co, some workers get a few more weeks of employment but mainly the banks and auto makers benefit. We might as well have a cash for clunker TV set program, look at all the energy they waste, trade in your old 19” for a new 30+ flat panel. Or a upgrade your home furnace/ ac system program. Why stop there how about a vacation program to help out the poor vacation industry.

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