McCotter on Fox Business Discussing Suspension of Cash for Clunkers
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Can you really bank $43,945.75 in 30 days with ZERO investment? Here's what I know about it. People will do it with... Passive Income Advice [dot] com.
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A load of people driving "clunkers" can't afford a new car regardless of the discounts. The program certainly helped the dealers and offshore suppliers. It drained off the buyers that were going to buy a car later so watch out for poor sales in the last quarter of the year. I'll bet the dealers will be crying again.
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The auto industry is McCotter's achilles heel. He's a staunch fiscal conservative small-gov guy except for that. But given his district he may not be able to get away with applying free market principles to his constituents' livelihoods.
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BUCK OFAMA!!!!
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Sorry, this program is just wrong. God bless the benefits already enjoyed due to the "stimulus", but no more. Perfectly good cars are being destroyed along with true clunkers. Anyone motivated to buy a NEW car now could have afforded it anyway - the process has been accelerated by the rebate. Put the money back into the hands of the people who earned it, and it'll be spread throughout the economy, not just the auto industry.
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Someone got to this Woody Woodring guy. "Three thousand bucks if you pretend that car sales are healthy."
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No socialism. No "cash for clunkers".
MidNightRider2001 2 years ago 3