Posted on 01/30/2009 7:36:30 PM PST by Inyo-Mono
Roosevelt did this during the depression. They said the problem was “overproduction”. People were starving and they would take pigs ready for market, kill them, and bury the carcasses.
It was crazy then, and is crazy now.
1. Compensation for loss of the vehicle?
2. Who pays off any current auto loan?
3. Who decides what mileage I am getting with MY vehicle, and how?
Sounds like the private contractor is clearly in their sights. What the hell are they thinking?
And her Dad can load hay and roofing materials in one, get rid of his truck, after all what does a working man with a farm need one for?
We keep thinking that and yet, it is us that keep shooting ourselves in the foot trying to look like them.
Liberal destruction will only come when conservatives follow through and actually pull the trigger when they have the opportunity.
According to this, it has already been dropped from the “Stimulus Bill”. However, slightly different versions are in Congress in the form of S. 247 and HR 520
http://www.semasan.com/main/main.aspx?id=62505
Fed Tax Break Encourages SUV Purchases (2003 article)
http://abcnews.go.com/technology/hybrid/Story?id=97505&page=1
Thanks to a generous tax credit, Karl Wizinsky is driving a very large vehicle these days — a 2002 Ford Excursion. "It doesn't hurt to have a larger vehicle, but I wouldn't say it's a requirement of my business," he said on a cell phone while driving the Excursion. "But I ended up saving $32,000."
This year, the perks of buying a large SUV — if you're a small business owner — got even bigger.
Congress recently passed a tax bill, as proposed in President Bush's economic stimulus plan, that offers a $100,000 tax credit for business owners who purchase any vehicle weighing 6,000 pounds or more when fully loaded.
When Wizinsky's accountant told him about the credit last year, the amount was much less, at $75,000, but it was enough to encourage Wizinsky to trade in his Mercury Marquis for the Excursion.
"It sounded too good to be true," said Wizinsky, a health care consultant in Novi, Mich. "But it was true. So I bought the SUV. For a small company like mine it's a significant credit."
The tax break was/is for up to $25,000 for purchase of a vehicle for business purposes that weighs over 6,000 lbs. The intent was to get small businesses to make capital purchases faster than three years allowed under depreciation. However, because the law specified the weight but not the purpose, anyone buying an SUV could argue for the tax break. Obviously, the bigger the price tag, the more the rebate--someone buying a Jeep Commando got way less than someone buying a full-featured Hummer.
So now, we taxpayers get to subsidize the purchase of larger heavier vehicles AND subsidize their recall and destruction too !!!
Is this a great country or what ???
Just wondering.
Talk about total wasteful thinking. Do these idiots realize that the energy spent building these vehicles far surpass the energy they will supposedly waste during their lifetime?
Breathtaking stupidity bump for later read
All I say, WTF. How long before they want my ‘06 Subaru WRX Turbo because it can easily do 85 to 90 mph all day long comfortably ? I also have a ‘99 Jeep Cherokee and I will give it up when it cannot be fixed anymore - ready for the junk yard.
Hell, the same people want to “crush” all existing coal-fired power plants and replace with with greenie weenie solar and wind plants. Same economic principle. Destroy a perfectly good asset to create an artificial demand for a replacement asset.
One program I WOULD strongly favor would be the “crushing” of all the houses in Chevy Chase, Georgetown, Bethesda, Arlington and Alexandria — for starters.
Surely you jest. The bankers would just descend on Washington and demand TARP IX.
They’re just domineering, control-freak California weirdos trying to get your goat. Having tried all sorts of abominable social practices and diseases, they want to start trouble for some excitement. They’re not going to send the Army (which isn’t big enough) through all of our ghettos to destroy all of the po’ folks’ “previously owned” rides.
The proposed program to “crush” your cars is really only a pork scheme for offering you money on those heaps in return for buying new cars. Liars, liars on both sides... Just laugh at ‘em and tell ‘em to shut up!
Congress's version of a Potlatch Ceremony.
potlatch Definition from Wiktionary,
English
Etymology: From Chinook Jargon potlatch (“‘gift’”), from Nootka p̓ačiƛ (“‘to give in ceremony’”).
[edit] Noun, Singular: potlatch; Plural: potlatches
A ceremony amongst certain Native American peoples of the Pacific northwest in which gifts are bestowed upon guests and personal property is destroyed in a show of wealth and generosity.
In this case, Congressional generosity with both your tax money and your property.
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