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US House Passes 'Cash For Clunkers' Bill
DOW JONES NEWSWIRES via CNN ^ | June 09, 2009 | Josh Mitchell

Posted on 06/10/2009 2:39:21 AM PDT by Daffynition

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To: R. Scott
I don't think your plan will work. It sure sounds like only a $45K car can be bought and the usual "on paper" trade in's for a beater car can be done (Which the dealers do anyway-I had a maybe worth $500 old car that 'looked like $2000 trade in on paperwork 2 years ago) but the dealership gets $4500, per trade in from Uncle Sam. So why not just order them (Obama is their freaking boss) to knock down the prices of the cars?

This will cost US in the long run as it will be 140 something to 200 million. We pay later. It is a scam.

121 posted on 06/11/2009 4:18:10 AM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: NoObamaFightForConservatives

I’m not going to count on the “free” money. It’ll be several months before I’m ready to trade it in and doubt the money will still be there - and I’m not about to buy a more expensive car than I can afford just to have some “free” money.


122 posted on 06/11/2009 5:33:10 AM PDT by R. Scott (Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink)
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To: R. Scott

Cash For Clunkers bill will ruin the used car sales business

Obama destroys even MORE jobs.

123 posted on 06/11/2009 12:59:44 PM PDT by Dubya-M-DeesWent2SyriaStupid!
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To: NoObamaFightForConservatives

Yep - but how many people will know it?


124 posted on 06/11/2009 2:18:16 PM PDT by R. Scott (Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink)
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