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Old 08-20-2009, 01:38 PM   #1
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Cash for clunkers program will end Monday at 8 p.m. ET

http://www.cnn.com/

Did it even make it two weeks?

This health care thing should be a piece of cake
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Old 08-20-2009, 01:42 PM   #2
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wtf? Already? Didn't they just approve new funds into that program and now they're killing it?
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Old 08-20-2009, 01:47 PM   #3
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Old 08-20-2009, 01:48 PM   #4
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wtf? Already? Didn't they just approve new funds into that program and now they're killing it?
WG
thats what I thought as well, or is the money gone already ?
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Old 08-20-2009, 01:49 PM   #5
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and they are saying that the govt hasnt paid up or rejected almost 80% of the clunkers for cash requests....dealerships are pissed...
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Old 08-20-2009, 01:50 PM   #6
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Car dealers on the news here were talking about how they are stuck with all these old cars and the government is taking there sweet time in getting the dealers the money.
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Old 08-20-2009, 01:50 PM   #7
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Complete failure. This C4C program may have bankrupt more dealerships than it saved.

Cant wait till the national health care system kicks in!
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Old 08-20-2009, 01:50 PM   #8
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wow, total failure..
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Old 08-20-2009, 01:51 PM   #9
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and they are saying that the govt hasnt paid up or rejected almost 80% of the clunkers for cash requests....dealerships are pissed...
I guess all the scammers came out of the closet?
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Old 08-20-2009, 01:54 PM   #10
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thats what I thought as well, or is the money gone already ?
I suspect they blew though all the money already. Not really sure how they thought adding a few extra dollars was going to revive it to be something that would stick around.

The first billion ran out in 4 days. What did they think was going to happen by throwing another two billion. Make it a week?
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Old 08-20-2009, 01:56 PM   #11
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I suspect they blew though all the money already. Not really sure how they thought adding a few extra dollars was going to revive it to be something that would stick around.

The first billion ran out in 4 days. What did they think was going to happen by throwing another two billion. Make it a week?
Well they thought the first billion was going to last months right? So two billion means even more months!
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Old 08-20-2009, 01:58 PM   #12
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I sure hope they follow suit and offer this kind of incentive here in Canada
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Old 08-20-2009, 02:00 PM   #13
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So they sold a bunch of cars very fast....made more money then they have in a while....probably fucked up 3/4 of the paperwork going out to the govt now everyone is complaining that it went to fast and they aren't paid yet? Maybe if they waited more then a fucking week to get their money instead of complaining about it they could have sold more cars.

Fuck everyone....should have let all the dealers go bankrupt. Greedy cunts
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Old 08-20-2009, 02:00 PM   #14
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well I think people already used 2 billion of the dollars

fucking morons, what will be in a year from now auto companies in trouble again, another clunker program

all these band aids
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Old 08-20-2009, 02:04 PM   #15
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Old 08-20-2009, 02:08 PM   #16
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$3 billion was the total allotment for the program. At $4500 that is 666,666 cars. They are fast approaching that. I'd call it a success not a failure. Sure some dealers are having to wait on the $$ but most manufacturers have said they will float the dealerships loans for the money to carry them over.
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Old 08-20-2009, 02:10 PM   #17
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well I think people already used 2 billion of the dollars

fucking morons, what will be in a year from now auto companies in trouble again, another clunker program

all these band aids
A few people have brought this up. Now that everyone with an old car that has the ability to get a new car has taken advantage of the program expect to see a huge drop in sales below predicted levels as there are less people needing to buy a car.
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Old 08-20-2009, 02:11 PM   #18
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I love how they waste my fucking taxes buying up peoples cars worth $200 for $5000, just to take make car sales men rich on commissions and fund foreign car companies

mother fuckers
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Old 08-20-2009, 02:13 PM   #19
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Well they thought the first billion was going to last months right? So two billion means even more months!
Exactly. $1 bil was to last 4 months, lasted 4 days.

They thought an additional $2 bil was going to make some kind of difference.
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Old 08-20-2009, 02:14 PM   #20
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this cant be truer
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Old 08-20-2009, 02:15 PM   #21
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So baddog, and crew in this topic were hoping the C4C program would last indefinitely? They wanted even more money to be spent on the program?
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Old 08-20-2009, 02:22 PM   #22
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So baddog, and crew in this topic were hoping the C4C program would last indefinitely? They wanted even more money to be spent on the program?
No, actually I thought the second billion they added was throwing good money after bad. I stated it then and still believe it today.
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Old 08-20-2009, 02:25 PM   #23
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No, actually I thought the second billion they added was throwing good money after bad. I stated it then and still believe it today.
Yet your original post compared this to any healthcare reform options that may or may not make it. If so, considering the C4C program is considered hugely successful in accomplishing its goals, the healthcare reform should be a smashing success right? Since apparently according to you, there must be some correlation.
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Old 08-20-2009, 02:30 PM   #24
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Has anybody told the anal hobbit about this?
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Old 08-20-2009, 02:32 PM   #25
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well I think people already used 2 billion of the dollars

fucking morons, what will be in a year from now auto companies in trouble again, another clunker program

all these band aids
he should of done this closer to next election, or maybe he will do round 2 clunkers then?
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Old 08-20-2009, 02:44 PM   #26
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Well, yep, it's a fantastic failure, people bought cars faster than they were supposed to. We better impeach 'em all and get someone better in to save the day.

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Old 08-20-2009, 02:44 PM   #27
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considering the C4C program is considered hugely successful in accomplishing its goals
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Old 08-20-2009, 02:44 PM   #28
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This quote is from a similar thread:

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My brother traded in a Jeep Cherokee for a Chevy HHR.

The dealer refuses to let him take the car home until the feds pay the $4500 which could be a couple of months away, if at all. The dealer said they would rather pay the $15k fine than allow the car to leave the lot before they receive the payment.
I would not call that a smashing success...
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Old 08-20-2009, 02:47 PM   #29
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They sold over half a million cars much faster than they thought. Sounds like a pretty big success to me.

Do you think they aren't going to pay the dealers?

Please.
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Old 08-20-2009, 02:48 PM   #30
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wow, total failure..
Why? Because they got a shitload of people out of old gas guzzling cars and into more reliable and fuel efficient ones?

The money ran out fast because people flocked to dealerships to buy new cars.

Calling this a failure is like calling Nintendo's Wii a failure since they couldn't keep them on the shelves through Xmas.
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Old 08-20-2009, 02:48 PM   #31
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No one bought cars faster then they were suppose to. The US sells around 45,000 NEW CARS A DAY. Who the fuck couldnt tell this program wasnt going to last as long as the government thought?

http://ask.cars.com/2008/01/new-cars-sold-i.html

45,000 a day including Sundays. The avg is even higher when you take out Sundays (some states do not sell cars on Sundays)
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Old 08-20-2009, 02:48 PM   #32
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This quote is from a similar thread:

I would not call that a smashing success...
Some dealers can't afford to wait for payment, because they don't have the funds to float in the meantime. That doesn't mean the program wasn't a success. Wake up.

Btw, congrats on your wedding. Do you get health benefits working for baddog?
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Old 08-20-2009, 03:09 PM   #33
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Do you get health benefits working for baddog?
What do you think?
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Old 08-20-2009, 03:09 PM   #34
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Some dealers can't afford to wait for payment, because they don't have the funds to float in the meantime. That doesn't mean the program wasn't a success. Wake up.

Btw, congrats on your wedding. Do you get health benefits working for baddog?
Thank you, and yes, I do get 100% paid benefits - medical, dental and vision, and now my husband does too. baddog is a generous boss.
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Old 08-20-2009, 03:11 PM   #35
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No one bought cars faster then they were suppose to. The US sells around 45,000 NEW CARS A DAY. Who the fuck couldnt tell this program wasnt going to last as long as the government thought?

http://ask.cars.com/2008/01/new-cars-sold-i.html

45,000 a day including Sundays. The avg is even higher when you take out Sundays (some states do not sell cars on Sundays)
Way to manipulate the information, which of course is an inaccurate as almost EVERY SINGLE ONE of your posts, period. How about ditching your 2007 and 2006 data and coming into 2009 with us.

Here we are with a Feb 2009 report, showing almost half the sales you tried to count.
Quote:
In general, carmakers and analysts expect sales this year of 10 million to 11 million vehicles, down from 13.2 million in 2008. Until last year, automakers had been selling about 17 million vehicles annually for nearly a decade.
http://www.nytimes.com/2009/02/04/business/04auto.html

and then, July sales best since August 2008.
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The federal government's cash-for-clunkers program (official acronym: C.A.R.S.) kicked off on July 1st, and it gave the auto industry its best sales month in nearly a year. Total light vehicle sales for July were just shy of 1 million units, a milestone the industry hasn't topped since August 2008.
http://www.automobilemag.com/feature...les/index.html
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Old 08-20-2009, 03:17 PM   #36
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Its not misleading. You even said that 17 million had been the avg for the last decade. So why not use those numbers as a starting point? So your point that C4C is a success is that the government over estimated how bad the economy is? Either way, it is a failure of logic and judgment by the government.
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Old 08-20-2009, 03:23 PM   #37
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Its not misleading. You even said that 17 million had been the avg for the last decade. So why not use those numbers as a starting point?
Because it's completely inaccurate and not at all representative of the period the C4C program was running during? Obviously. I already pointed out that it was the best month since August 2008, and that was about 2 weeks ago. It's probably even better with more recent numbers. The goal of the program was a success. It spiked new auto sales.

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So your point that C4C is a success is that the government over estimated how bad the economy is? Either way, it is a failure of logic and judgment by the government.
That's all you got? "the government over estimated how bad the economy is?" Is it that hard for you to accept that the program was a success?
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Old 08-20-2009, 03:28 PM   #38
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Because it's completely inaccurate and not at all representative of the period the C4C program was running during? Obviously. I already pointed out that it was the best month since August 2008, and that was about 2 weeks ago. It's probably even better with more recent numbers. The goal of the program was a success. It spiked new auto sales.



That's all you got? "the government over estimated how bad the economy is?" Is it that hard for you to accept that the program was a success?

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Old 08-20-2009, 03:29 PM   #39
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Its not misleading. You even said that 17 million had been the avg for the last decade. So why not use those numbers as a starting point?
Maybe because logical people who aren't caught up in a political fervor prefer to compare apples to apples.
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Old 08-20-2009, 03:39 PM   #40
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Because it's completely inaccurate and not at all representative of the period the C4C program was running during? Obviously. I already pointed out that it was the best month since August 2008, and that was about 2 weeks ago. It's probably even better with more recent numbers. The goal of the program was a success. It spiked new auto sales.



That's all you got? "the government over estimated how bad the economy is?" Is it that hard for you to accept that the program was a success?
When you start a program you want MORE money than you need not LESS. You dont want to have to keep asking for money to sustain your program. So logic would say, you would have to at least use a higher average car sales. (But that would look bad politically, because you cant purposely under estimate the program, then call it a overwhelming success)

After all arent you expecting the program to be a success? Shouldnt you use the higher avg?

But still if you use the low est of 25 - 30,000 cars a day. Did they still have enough money to run the full four months?

So with your logic, medicare and social security are overwhelming successes successes because they require 100s of percent more money than expected? Will you say that the health reform is successful when it needs more money than expected and is costing the state/country more than expected? Like it did in Massachusetts?
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Old 08-20-2009, 03:43 PM   #41
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Maybe because logical people who aren't caught up in a political fervor prefer to compare apples to apples.
Actually I am in favor of programs like these, when executed correctly. I would not mind if this went on all year, with some changes.
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Old 08-20-2009, 03:44 PM   #42
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ITYG? Just give it up already. You can twist words all day long but the facts are there. You trying to dismiss it so ardently just proves you only care about your political spin and/or partisan bullshit bias. I'm not interested in that. Really, wouldn't it be much easier to find some of the other administration fuckups to use as examples? They're there. Yet you ruin your credibility and are lumped in with the likes of baddog by wasting it trying to find some way to paint this success as a failure.
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Old 08-20-2009, 03:48 PM   #43
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http://www.cnn.com/

Did it even make it two weeks?

This health care thing should be a piece of cake
It was designed to stimulate the economy by moving 250k cars.

It moved 500k.

I see the huge failure there.

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Old 08-20-2009, 03:51 PM   #44
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wow, what a horrible disaster of a program not meeting it's goals.

from the article-

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the program, which Congress passed to spur flagging auto sales

.
.
.
...
Cash for Clunkers has been credited with boosting auto sales, sparking several automakers to re-open closed plants in an effort to refill ravaged inventories. ...August retail auto sales, a figure that excludes fleet sales to businesses, will pass the 1 million unit mark, thanks largely to the program. That would make it the first million-plus retail sales month in a year.
fuck, healthcare is doomed.
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Old 08-20-2009, 03:52 PM   #45
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ITYG? Just give it up already. You can twist words all day long but the facts are there. You trying to dismiss it so ardently just proves you only care about your political spin and/or partisan bullshit bias. I'm not interested in that. Really, wouldn't it be much easier to find some of the other administration fuckups to use as examples? They're there. Yet you ruin your credibility and are lumped in with the likes of baddog by wasting it trying to find some way to paint this success as a failure.
The program is not whats failing.
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Old 08-20-2009, 03:55 PM   #46
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A few people have brought this up. Now that everyone with an old car that has the ability to get a new car has taken advantage of the program expect to see a huge drop in sales below predicted levels as there are less people needing to buy a car.
Yep that is the big question. I think it was a pretty good success overall. The idea of stimulus is to put money in people's pockets and create jobs. There were announcements the other day that GM was calling back a bunch of workers since they were selling cars again and clearly these dealers got big boosts in business, plus consumers got a good deal and we got a bunch of polluting, inefficient cars off the streets. The question is will they find new ways to entice consumers to buy now that the massive rebates are gone? I guess we will find out.
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Old 08-20-2009, 04:00 PM   #47
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Fucking anal probe. It was all his fault.
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Old 08-20-2009, 04:31 PM   #48
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I heard a supposed conservative saying the other day on the radio "if they want to get $3 billion into the economy, they should just give every person an equal share of the cash."

Dumb dumb dumb. First of all, that REALLY goes against conservative values (a government handout that isn't a scaled tax rebate), but most of all, that would ONLY get $3 billion moving, and most people would either just pay bills or save it. Cash for Clunkers got $3 billion injected into the economy PLUS the movement of the rest of the cash spent on the upgraded vehicles, which far outweighs the govt injection.

Even though it's just money moving into different pockets, it's a big prod on consumer spending, which is the thing that REALLY needs to get back to normal in order to get things moving back in the right direction. I see no failure.
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Old 08-20-2009, 05:00 PM   #49
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originally the stimulis aspect of it was just a side note added to the program since it was mostly an environmental program. they hyped the stimulis aspect after it showed it was going to be popular.
the text of the program and the ads and commercials said that it would last until november or until the funds ran out. the extra billions were added because it became popular and could be used in public opinion as a stimulis program too. it never needed or was owed the additional funds. if it would of ran out with the original money the program still was a success. extra funds just make it a extra success.
if dealers can not wait the time oh well. program explained there would be waits. car companies also bent over backwards and gave dealers credit to float the cars and they also were given ability to sell cars not on lot then program was changed i think recently to ease of miliage per gallon too. everyone will be paid and the iou's are as good as cash and we all know it. does anyone think they would part with them right now for seventy five cents on the dollar in cash right now if they are not already up shit creak?
many haters in here and you can see who is looking for ways to hate on the current government. i hate this program but i can see it is a success.
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Old 08-20-2009, 05:07 PM   #50
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Originally Posted by DonovanTrent View Post
I heard a supposed conservative saying the other day on the radio "if they want to get $3 billion into the economy, they should just give every person an equal share of the cash."

Dumb dumb dumb. First of all, that REALLY goes against conservative values (a government handout that isn't a scaled tax rebate), but most of all, that would ONLY get $3 billion moving, and most people would either just pay bills or save it. Cash for Clunkers got $3 billion injected into the economy PLUS the movement of the rest of the cash spent on the upgraded vehicles, which far outweighs the govt injection.

Even though it's just money moving into different pockets, it's a big prod on consumer spending, which is the thing that REALLY needs to get back to normal in order to get things moving back in the right direction. I see no failure.

That is fucking stupid.

The main reason I am for programs like this is because it is rewarding those who have (most likely) paid into the system, have good credit (good enough for a car anyway) and they deserve some of their tax money back.

I dont like the mandate to crush the cars or the 13 pages of paper work or the fact that now that it is "successful" they decide to suspend it. Not to mention the length its taking to pay the dealerships back. This is where the failure part of the program kicks in. And gives people a look into the future of government run health care. It raises legitimate concerns.
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