If you would like to be added or dropped from the Michigan ping list, please freepmail me.
Posted on 05/05/2009 9:41:29 AM PDT by Oldeconomybuyer
WASHINGTON (Reuters) - President Barack Obama and Democratic lawmakers reached agreement on Tuesday on proposed "cash-for-clunkers" legislation as part of a broader effort to fight climate change, lawmakers said.
Rep. John Dingell, a Michigan Democrat and other lawmakers from automaking states want the climate change bill to include a provision encouraging owners of less fuel-efficient cars to trade them in for cars that use less gasoline.
(Excerpt) Read more at reuters.com ...
Of course, I'll be keeping my two CUCV's, the M35, and the Suburban...
When California instituted Cash for Clunkers in the early 90's all sorts of "K"-Street full page adds occurred on Hemmings with newly formed Advocacy Groups to protect Classics.
You guessed it, the wrote the laws so that they were included, the law of unintended consequences.
New mind burrying your guns, you'll be burrying your Holley Spread Bores...
that’s my dream car! ‘69, 427, sidepipes...still havent decided b/w red or Le Mans blue...but i’m only 23 so i have a while to make up my mind. =P
I drive that truck at most 500 miles per year. How is replacing it with a new truck going to save carbon?
Yeah, I know. I'll just pull the plates and keep it on the farm.
I have a 1982 MB 300SD and is our second car. It has close to 200,000 miles on it.I am retired and only drive it about a 1000 miles a year. I will keep it as long as it runs. Why should I get a new car unless they offer me enough to get a new car? The next 4 year are going to be very long and miserable and costly.
Much like LBJs war on poverty, climate will win. Taxpayers will lose.
Any possibility you could post a link to the part about the 90%/10% stats? TIA.
Rep. John Dingell, a Michigan Democrat and other lawmakers from automaking states want the climate change bill to include a provision encouraging owners of less fuel-efficient cars to trade them in for cars that use less gasoline.
http://www.youtube.com/watch?v=I7dVgjIDLE0
There’s already an Australian version of this ‘advertisment’ - unfortunately not on Youtube yet, but the Aussie car dealers are catching on...Zero is a car-saleman!
If you would like to be added or dropped from the Michigan ping list, please freepmail me.
heh, spend a couple hundred bucks on an 80s pickup, take it to a “push, pull or drag” trade in sale, then add on the $4500 gov’t bonus. you could easily make $5,000-$6,000 on it.
So, after Obama buys up all those gas guzzlers, he’ll ship them all to Mexico and sell them. He’ll be rich.
This kind of legislation has been proposed before. It’s called the “junk yard dog” law.
Once it becomes apparent that a junker is worth a pile a dough, the value of the junker increases. Markets have a way of outfoxing politicians, every time. Of course, the politicians don’t really care, they want to appear to be doing something, something preceived as catering to their supporters.
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