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Obama, lawmakers agree on "cash-for-clunkers" bill [Your cash, Their clunker]
Reuters ^ | May 5, 2009 | Sandra Maler

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 ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections; US: Michigan
KEYWORDS: 111th; democratcongress; democrats; economy; globalwarming; johndingell; michigan
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1 posted on 05/05/2009 9:41:30 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

Mandatory in under a decade.


2 posted on 05/05/2009 9:42:45 AM PDT by cripplecreek (The poor bastards have us surrounded.)
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To: Oldeconomybuyer

Just more UAW “stimulation”. Wanna bet you have to buy a Government Motors vehicle to qualify?


3 posted on 05/05/2009 9:44:02 AM PDT by neodad (USS Vincennes (CG 49) "Freedom's Fortress")
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To: cripplecreek
I have a 1997 Hyundai Elantra that gets 35 MPG. Still runs great.

I suppose this is one of Obama's target cars.

4 posted on 05/05/2009 9:44:08 AM PDT by muawiyah
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To: Oldeconomybuyer

Time to stock up on those 80’s V-8 Buicks and LTD’s!


5 posted on 05/05/2009 9:44:17 AM PDT by mcmuffin (No Time for Pussyfootin')
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To: cripplecreek
that's right...in a few short years, they'll force us to turn in the outdated, gas-guzzling clunkers such as these:


6 posted on 05/05/2009 9:45:30 AM PDT by Zeppelin
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To: Oldeconomybuyer; SumProVita; HardStarboard; BradyLS; Ernest_at_the_Beach; dervish; Twotone; ...
The List, ping

Let me know if you want on or off the ping list.

7 posted on 05/05/2009 9:46:26 AM PDT by Nachum (the complete list at www.nachumlist.com)
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To: Oldeconomybuyer

Bernanke’s infamous “helicopter” speech made an oblique mention of this as a possibility. Virtually every crazy, desperate, probably illegal, trick in the book he threw out in that speech has been put into action.


8 posted on 05/05/2009 9:46:51 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: mcmuffin

I miss my 81 Buick Le Sable. Loved that car. It felt so safe. It was very comfortable too!


9 posted on 05/05/2009 9:47:14 AM PDT by 1_Rain_Drop
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To: neodad

So let me get this straight. My tax dollars are going to people who want new cars???

Why am I paying for this again? Of all the other things we could be spending money on, we are doing this?!

Man...


10 posted on 05/05/2009 9:47:45 AM PDT by cups
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To: mcmuffin

They will have to pry my old clunkers out of my old dead hands.

I bought my last US made car.


11 posted on 05/05/2009 9:47:59 AM PDT by stubernx98 (cranky, but reasonable)
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To: Oldeconomybuyer

Next it will be put your gun in the trunk and turn it in together.


12 posted on 05/05/2009 9:48:42 AM PDT by bmwcyle (American voters can fix this world if they would just wake up.)
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To: ourusa; theKid51

ping


13 posted on 05/05/2009 9:49:12 AM PDT by bmwcyle (American voters can fix this world if they would just wake up.)
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To: Oldeconomybuyer

We’re screwed. We’re so screwed. And I drive a 2001 Corolla and have been thinking about trading it in on a Jeep or Subaru.


14 posted on 05/05/2009 9:49:35 AM PDT by Lonesome in Massachussets (AGWT is very robust with respect to data. All observations confirm it at the 100% confidence level.)
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To: neodad

The Goverment Motors Co.


15 posted on 05/05/2009 9:49:58 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer

So I get a little tax credit if I take on a monthly car payment, which I don’t have with my paid for truck?


16 posted on 05/05/2009 9:51:09 AM PDT by Sybeck1 (No teleprompters were harmed in the creation of this post.)
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To: Oldeconomybuyer

I cannot imagine a government used car salesman. It’s something from a bad dream.


17 posted on 05/05/2009 9:51:26 AM PDT by Crawdad (If you're in a fair fight, your tactics suck.)
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To: Nachum

Please put me on I thought I was on but not sure so lol please add me. Thanks, Lori


18 posted on 05/05/2009 9:53:45 AM PDT by FromLori (FromLori)
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To: neodad
Just more UAW “stimulation”. Wanna bet you have to buy a Government Motors vehicle to qualify?

That's exactly what this is about.

Message to Obama supporters: Sorry, neosocialists, but I would rather walk than buy a car made by a nationalized auto company. I would rather lose every single tax dollar that the thugs in the White House and in Congress have stolen from our children and grandchildren to pay off their union supporters than have this nationalization set a successful precedent for the next takeover target. I will not do business with TARP companies. I will not do business with bailout companies. They will die a richly deserved death if I have any say in the matter (and I do, as do all patriotic Americans).

I would like to see heavy manufacturing stay in this country, but it must be as a free industry in a free country, not as a toy for a dictator who is not constrained by contract law or by the rule of law.

19 posted on 05/05/2009 9:54:13 AM PDT by TurtleUp (Turtle up: cancel optional spending until 2012, and boycott TARP/stimulus companies forever!)
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To: Oldeconomybuyer

People usually drive old clunkers because they can’t afford anything better. If the Government buys them chances are they’ll just buy another clunker if they can, not a new car they can’t afford.

Maybe Obama and company will buy them all a new vehicle too?


20 posted on 05/05/2009 9:55:01 AM PDT by zbogwan2
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To: jiggyboy

Because we now live in a Facist state...

http://bluelori.blogspot.com/2009/05/foxs-willard-we-are-now-in-facist-state.html


21 posted on 05/05/2009 9:55:18 AM PDT by FromLori (FromLori)
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To: FromLori

You are on. :)


22 posted on 05/05/2009 9:56:58 AM PDT by Nachum (the complete list at www.nachumlist.com)
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To: Crawdad

That, my friend, show wind up in one of those books of famous quotes.


23 posted on 05/05/2009 10:02:43 AM PDT by Southside_Chicago_Republican ("During times of universal deceit, telling the truth becomes a revolutionary act." --Orwell)
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To: stubernx98

This scenario reminds me of the song “Red Barchetta”,
by Rush.

The Enviro-Fascists are out to destroy every vestige of American culture, pre-Obama.

I’m getting my 1964 Plymouth Fury (w/push-button transmission) on the road this summer.
They will have to pry my (dead) hands off of the steering wheel before I knuckle under to their demands.


24 posted on 05/05/2009 10:04:06 AM PDT by gigster
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To: Oldeconomybuyer

If the alleged driver of this is saving mutha-earf... I’d echo an argument made in Car Craft magazine that it is likely more environmentally responsible to fix up your old clunker.

How much carbon footprint goes into manufacturing a new car vs. fixing up what you have? Of course, my brain is wired to have the fix up involve 400+ horsepower!


25 posted on 05/05/2009 10:04:56 AM PDT by Made In The USA (BO stinks.)
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To: Oldeconomybuyer

Here's mine.

26 posted on 05/05/2009 10:07:12 AM PDT by Right Wing Assault ( Obama, you're off the island!)
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To: Crawdad

A “salesman” won’t have anything to do with the transaction. Is there such a thing as a “demandman”?


27 posted on 05/05/2009 10:08:47 AM PDT by CarWashMan
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To: Crawdad

Good one, Crawdad.


28 posted on 05/05/2009 10:09:56 AM PDT by gigster
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To: Nachum

Thanks that old age you know :}


29 posted on 05/05/2009 10:10:22 AM PDT by FromLori (FromLori)
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To: zbogwan2

And who is going to loan them the money to buy the new car? Oh, I forgot, the banks will be forced to loan to them just like the housing mess...and we’ll get to pay again. Where did our leaders get their economics training? Or did they get any?


30 posted on 05/05/2009 10:11:12 AM PDT by pepperdog (The world has gone crazy.)
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To: Oldeconomybuyer

I can see the old Caddilacs being pulled out of Ghetto yards now.


31 posted on 05/05/2009 10:13:55 AM PDT by Venturer
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To: Crawdad

32 posted on 05/05/2009 10:17:06 AM PDT by Gritty (GM's a welfare project masquerading as economic activity. Post Obama, America will be, too-Steyn)
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To: zbogwan2

Here’s the deal. They did the same trick in Germany...a vehicle 9 years old or older, that you’ve owned for minimum of twelve months....you got $3250 to crush it (nothing less than a crush is acceptable). Each person gets one chance to do this. So a husband and wife can do this. The catch is that the new car has to be German-made.

So now we turn and look at this possible US deal. Here’s the big problem. As much as Ford, GM and Chrysler really want this deal to occur...what about other companies...like Honda, who makes a car in the US? If you open up the floodgates....over half the people will run to Toyota, Hyundai or Honda....which doesn’t help the big-three. I’m guessing that there serious legal implications if they try to limit this to Ford, GM or Chrysler.

But here are the other issues. We have a used part industry which really needs to use the option of reeping parts off the old cars. The rule will be a crushing and likely nothing less than that.

I will make this comment as well...in recent days in Germany...several statistics folks went out and found that 90 percent of the folks who did the junker deal...were going to buy a new car anyway. So this only changed the minds of ten percent of the folks. Another issue is that almost everyone in Germany has bought what they want...so from June on...for the rest of the year....I expect almost no sales....so this will go real flat shortly.


33 posted on 05/05/2009 10:20:43 AM PDT by pepsionice
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To: Oldeconomybuyer

Now that “The Divine One” and his apostles control the automobile industry the fun begins.


34 posted on 05/05/2009 10:28:28 AM PDT by AEMILIUS PAULUS (It is a shame that when these people give a riot)
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To: Oldeconomybuyer
how far away can we be from a tax increase levied on those who do own "clunkers"? And who is to say where "clunkerism" starts? and who doesn't believe that this will wind up as a tax on anyone that doesn't own a "government approved" vehicle?

we're right around the corner from being forced to buy whatever nancy pelosi thinks is best for us.

35 posted on 05/05/2009 10:33:47 AM PDT by JohnBrowdie
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To: gigster

A brilliant red barchetta, from a better, vanished time
I fire up the willing engine, responding with a roar
Tires spitting gravel, I commit my weekly crime...


36 posted on 05/05/2009 10:43:56 AM PDT by idkfa
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To: Oldeconomybuyer

Anathema to hot rodders.

Dingell is just wanting full employment for the UAW. If this passes my next car will be from a non-union company - and I currently own a Chrysler and a Lincoln.


37 posted on 05/05/2009 10:56:50 AM PDT by jimt
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To: Zeppelin

Sigh... I had one that was blue and in perfect shape. Great car to drive but really lousy build. There weren’t any bars in the doors so if you got t-boned you were doomed. Both the front and rear bumpers were incredibly flimsy but still. it was an awesome car. I’m looking for another ‘69 but I need A/C!!!!!


38 posted on 05/05/2009 10:57:01 AM PDT by Lx
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To: muawiyah

I have a 1982 Triumph(I know, I know, but it is a great car)TR7 that gets 37 MPH and still runs great, of course it only has 12,000 miles on it but still, I am not trading it in for a newer car that gets lower mileage and won’t be near as much fun to drive!


39 posted on 05/05/2009 10:57:38 AM PDT by calex59
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To: bmwcyle
Next it will be put your gun in the trunk and turn it in together.

No, no, you will be able to trade your gun in(forced actually)for a brand new electronic model that only works for your personal touch, and it will quit working for you 5 minutes after you buy it and then never work again!

40 posted on 05/05/2009 10:59:58 AM PDT by calex59
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To: Oldeconomybuyer
Wonder what the details are. I have a 1984 Chevy pickup w/ a blown head gasket, scrap value probably less than $1000. If .gov wants to give me $4500 for it, and I buy a foreign econo-box in return, I won't argue.

Of course, I'll be keeping my two CUCV's, the M35, and the Suburban...

41 posted on 05/05/2009 11:00:55 AM PDT by gieriscm (07 FFL / 02 SOT - www.extremefirepower.com)
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To: Zeppelin
Zep...

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...

42 posted on 05/05/2009 11:01:37 AM PDT by taildragger (Palin / Mulally 2012)
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To: Lx

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


43 posted on 05/05/2009 11:03:23 AM PDT by Zeppelin
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To: Oldeconomybuyer
I have a 1969 Power Wagon.
It has a flatbed with a PTO-driven hydraulic dump.
It hauls mostly firewood, gravel, leaves, and brush.
I won't trade it for anything.

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.

44 posted on 05/05/2009 11:25:09 AM PDT by Carry_Okie (It's time to waterboard that teleprompter and find out what it knows.)
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To: Oldeconomybuyer

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.


45 posted on 05/05/2009 11:33:14 AM PDT by Uncle Hal
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To: Oldeconomybuyer
a broader effort to fight climate change

Much like LBJs war on poverty, climate will win. Taxpayers will lose.

46 posted on 05/05/2009 11:47:08 AM PDT by lowbridge (It's not that liberals are ignorant, it's that they know so much that isn't so - Ronald Reagan)
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To: pepsionice

Any possibility you could post a link to the part about the 90%/10% stats? TIA.


47 posted on 05/05/2009 12:31:31 PM PDT by Loyal Buckeye
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To: grellis; AdmSmith; Berosus; Convert from ECUSA; dervish; Ernest_at_the_Beach; Fred Nerks; ...
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.

48 posted on 05/05/2009 5:36:13 PM PDT by SunkenCiv (https://secure.freerepublic.com/donate/____________________ Profile updated Monday, January 12, 2009)
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To: SunkenCiv

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!


49 posted on 05/05/2009 5:54:07 PM PDT by Fred Nerks (fair dinkum!)
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To: Springman; sergeantdave; cyclotic; netmilsmom; RatsDawg; PGalt; FreedomHammer; queenkathy; ...
Photo Sharing and Video Hosting at Photobucket

If you would like to be added or dropped from the Michigan ping list, please freepmail me.

50 posted on 05/06/2009 8:41:27 AM PDT by grellis (I am Jill's overwhelming sense of disgust.)
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