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7 Responses to "Great news: Cash for clunkers won’t have any real impact on the climate"

Hal says:

August 5, 2009 at 11:29 am

I totally agree with you in regard to that massive hole.

I want to know how this qualifies as “stimulus”? All it looks to me like is a short term b12 shot that is just pushing the country into more debt. People are getting loans for an item that is not going to return any value. So the government in encouraging long term debt, yet again. And that is just another toxic bubble.
Brooklyn says:

August 5, 2009 at 12:03 pm

Isn’t the cash for clunk program a little similar to what melted down the economy recently?

It seems an awful like the effort of providing mindless loans long ago, via quasi governmental run institutions like Fanny and Freddie, to distribute tax payer money to those who cannot pay the bills.

For example, in a year or so, will many of these purchases enabled by the cash for clunker program, be able to pay their loans for the new car?

Will they need a bailout?

We watched Democrats double down, or should we say put 10 times more down, on programs which caused this mess.

The Billions sent to a number of places, including Fanny and Freddie, may only be a temporary stop to another big failure down the road.

Unless, they end up permanently funding these wasteful, corruption building, socialist programs with taxpayer money.

That would be a real disaster for the USA.
Wry Mouth says:

August 5, 2009 at 12:22 pm

OTOH, they *did* manage to destroy a fair amount of cars that my high school son would have given his eye-teeth to own and care for. So… that’s something, isn’t it?
Bent Notes » Blog Archive » “Climate experts aren’t impressed” says:

August 5, 2009 at 12:40 pm

[…] Cash for Clunkers does nothing to affect the global environment. […]
The Galling, Appalling Waste of “Cash for Clunkers” « Frugal Café Blog Zone says:

August 5, 2009 at 1:20 pm

[…] and Surprise: Stimulus not stimulating construction industry, infrastructure repair Sister Toldjah: Great news: Cash for clunkers won’t have any real impact on the climate Urban Grounds: Rep Lloyd Dogget Admits That He Doesn’t Care What His Constituents Want Ztower: […]
Homer Boiteux (Baton Rouge) says:

August 6, 2009 at 12:24 pm

“Cash for Clunkers” was a program pushed by Democrats in order to essentially buy votes from the American consumer – with your tax dollars.

Buying support for an unpopular Congress, bolstering support for an otherwise invisible stimulus package and giving job support to the United Auto Workers. You’re right, Sister. As all the highway signs say down here “Your Tax Dollars at Work.”
karenc says:

August 6, 2009 at 12:36 pm

Cash for clunkers is not a benefit to the environment, the poor, the used car industry, the car repair industry or charity car donation.

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