Posted by JML755 on August 03, 2009 at 07:13:14 from (66.184.63.110):
In Reply to: Well how soon... posted by bob huntress1 on August 02, 2009 at 19:37:24:
Cash for Clunkers is a "feel good" program that will have no long-lasting impact. Other than to give a $4500 subsidy to anyone who probably would have bought a car anyway.
As Old said, it's giving away YOUR AND MY money to people who don't need it. Heck, I heard a story of a wealthy couple trading in their '95 Jag under the program.
Once the money runs out, car sales will drop back to a 10 mil/year rate.
Plus they're going to destroy a lot of good used cars. Many were good cars that could be bought by young kids who can't afford a car payment.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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