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To: mewzilla
i am betting that when that program ends, there will be zero car sales for a long time
16 posted on 08/05/2009 9:00:42 AM PDT by sloop (pfc in the quiet civil war)
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To: sloop

This car thing is another Fanny and Freddie. People will start defaulting on these loans.


17 posted on 08/05/2009 9:01:41 AM PDT by ChicagoConservative27 (Obozo the clown)
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To: sloop

I’m sure there will be a later dip in sales. But if participants weren’t means tested for C4C, then the program’s welfare for the well off. Anyone who can afford a loan on a Prius, even after the $3500/$4500 welfare check from his/her fellow taxpayers, doesn’t need the darn money.


18 posted on 08/05/2009 9:05:32 AM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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