Car Allowance Rebate System

First things first folks. My apologies for my disappearance. I offer no excuses just a simple apology. I'll try not to be gone so long in the future. Now on to the new post.....

By now you have certainly heard of the "cash for clunkers" legislation (or as it is actually called the Car Allowance Rebate System.) I have been saying for a long time now that the best way to help the American car companies was not to just hand them billions of dollars but to instead give that money to citizens in the form of a rebate for buying new cars. That way your money goes twice as far since you have helped the common consumer as well as got the needed revenue into the hands of the car companies. Not only that but you helped them while increasing their sales and not just "bailed them out" but did nothing to help the real problem which is the fact that they were not selling cars. Enter the new CARS legislation. This program would appear to be doing exactly what I thought would be a better idea. One little problem. The legislation and the program is not focused on helping the American car companies or you and I for that matter. Instead the main focus of the program is on continuing the agenda of so-called environmentalists. The government does not care if one single American car is bought. They only care that we get more fuel efficient vehicles on the road no matter who they come from. Here's a little excerpt from their FAQ section:

"I don't drive an American car but I would like to trade in my old car for a newer, more fuel efficient one. Is this program only for American cars?
No. You may trade in or buy a domestic or a foreign vehicle."

I hope the other countries of the world are grateful for our continued pursuit of minding their interest and not our own.


Chuck said...

First, welcome back.

"No. You may trade in or buy a domestic or a foreign vehicle.""

Don't want to offend anyone by promoting buy American.

Idol thought though. Do you think we will reduce the carbon footprint on this?

Think about it. We are getting rid of cars that do not get as good of mileage by making more cars. Ever wonder how much energy it takes to produce that new car? Will the new car save enough to offset the manufacturing process, which has to be high?

Anonymous said...

Environmentalism is the religion of America's urban elites.

Leslie said...

Welcome back Papa Frank.

Good point Chuck. I will add to your question: how much energy does it take to destroy, crush, and recycle the old cars too?

Yeah, we wouldn't want to promote America...that would be egotistical. I guess we have to remember that they are trying to make a "level playing field." What a joke. A joke we are still paying for.

carstereis said...

It doesn't matter if they more money. They problem is still the backlog. Read this article: The Real Reason for the "Cash for Clunkers" Suspension. The ex car salesman blog shares exactly why they stopped the program. Even reports that some sales managers are calling asking for the money back because they were denied the rebate when the final paperwork was submitted but their car was already ruined by dumping a solution in the engine. They now have no car. Scary. See: http://tinyurl.com/ml9sdo

Always On Watch said...

I cut a deal under Cash for Clunkers the very first day of the program -- July 31st.


The early bird gets the worm.

Papa Frank said...

I'm very happy for you AOW. I hope it's a great car for you!

Ducky's here said...

If you had bought Ford at $2 you'd be singing a different tune.

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