Cash for Clubbers

Wall Street Journal ^ | OCTOBER 17, 2009

[navysealdad]

Congress's fabulous golf cart stimulus.

We thought cash for clunkers was the ultimate waste of taxpayer money, but as usual we were too optimistic. Thanks to the federal tax credit to buy high-mileage cars that was part of President Obama's stimulus plan, Uncle Sam is now paying Americans to buy that great necessity of modern life, the golf cart.

The federal credit provides from $4,200 to $5,500 for the purchase of an electric vehicle, and when it is combined with similar incentive plans in many states the tax credits can pay for nearly the entire cost of a golf cart. Even in states that don't have their own tax rebate plans, the federal credit is generous enough to pay for half or even two-thirds of the average sticker price of a cart, which is typically in the range of $8,000 to $10,000. "The purchase of some models could be absolutely free," Roger Gaddis of Ada Electric Cars in Oklahoma said earlier this year. "Is that about the coolest thing you've ever heard?"

[lastchance]

Do these momos believe as Thurber’s mother did, that electricity is some kind of magic that comes out of the sky and goes directly into the walls?

A better use of this concept would be to help people change out old A/C systems that will become very expensive to repair or replace because of the recently passed law banning certain refrigerants (sp). Sorry I don’t recall the name of the product but it essentially means a doubling of repair and replacement costs for A/C and other systems that use refrigerant.

This would actually save money in the long run because more effecient A/C systems do make a difference in our electrical usage and in our household budgets.

[proxy_user]

Unfortunately, it is very cold here in the Northeast. The golf season is just about over.

The guys down south, however, might want to take advantage of this.

Fore!

[TheZMan]

I came looking for hotties in short skirts dancing to thumpin’ music.

I left pissed off, but not surprised. Behold, the real reason for cash for clunkers.

[Malone LaVeigh]

This is just too kewl ... I've always wanted one of these:

[Don Corleone]

Arizona had a law like this a few years ago. It was a total debacle! Resulted in millions of dollars wasted.

[Wolfie]

It’s hard to say no this kind of piss-ant spending after you’ve bailed out the millionaires on Wall Street with a trillion of our money. Of course, the WSJ doesn’t quite get that.

[troy McClure]

www.MrCarts.com

Help a fellow freeper.

[staytrue]

Do these momos believe as Thurber’s mother did, that electricity is some kind of magic that comes out of the sky and goes directly into the walls?

Nighttime electricity is mostly that, free. Most of the cost of electricity is maintaining the power lines, maintaining peak demand capacity, and fuel.

At night, there is so little demand that you shut down a lot of the most expensive generators and are running on wind, geo, nukes, and water. So for now, night time electricity costs very little at the margin.

[GOPJ]

Do these momos believe as Thurber’s mother did, that electricity is some kind of magic that comes out of the sky and goes directly into the walls?

Thurber's mother was right - it doesn't take oil or coal or anything to produce electricity - it comes from the sky...

[mvpel]