Grand total: 690,000 Clunkers clunked

Obama's socialist clunker program hurt used car dealers.

That's all it did.

— EL34 (View Profile)

Posted on 8/26/2009 6:32:45 PM | reply to this comment | Votes: -5   

Mission Accomplished

— sdcarguy (View Profile)

Posted on 8/26/2009 6:59:20 PM | reply to this comment | Votes: 3   

Very sucessful program. Good job Mr. President, keep up the good work!

— PerformanceGuy (View Profile)

Posted on 8/26/2009 9:23:20 PM | reply to this comment | Votes: 2   

Agree. At least it helped out the struggling dealers...but one thing sucks though that these dealerships are waiting for their payment.

— Type707 (View Profile)

Posted on 8/26/2009 9:37:07 PM | reply to this comment | Votes: 2   

The effect of old cars comming of the roads for more fuel efficent cars is a drop in the demand for fuel and a drop in demand for fuel means a drop in price for the rest of America.

— 1UAW (View Profile)

Posted on 8/26/2009 9:39:11 PM | reply to this comment | Votes: 3   

Get ready for big sales drops in Sept and Oct.

I'd like to know how many cars were traded in that didn't qualify for the clunker program. 700,000 x 12 months = 8.4 million cars. N.A. automarket is about what, 12 million cars?

All Jesus did was reward people who were going to buy cars anyway.

— huu76 (View Profile)

Posted on 8/26/2009 10:05:25 PM | reply to this comment | Votes: 1   

Cash for Clunker, nothing to do with Obama, just the US version of the Europe program.
How come when most Europe countries do Cash for Clunkers is a good idea and when the US does it is bad?  In Europe engines were not mandated to be destroyed, some vehicles continue to pollute as they found their way to other countries out of Europe or back on the road with falsified documents.  The boost in new car sales was underestimated by all parties involved; the big 3 had to intervene to facilitate a fast reimbursement to dealers as the government was slow on processing dealer paperwork.  Junkyards customers benefited because these used vehicles provided parts in better cosmetic and functional conditions.  Whatever remained is being recycled.
 
http://money.cnn.com/2009/08/26/news/economy/cash_for_clunkers_recycle/index.htm?postversion=2009082615

— topneuro (View Profile)

Posted on 8/26/2009 10:24:13 PM | reply to this comment | Votes: 2   

If you want to get the polluting "junk" off the road, here is how to do it. Start having yearly vehicle inspections, if the car runs badly and is "polluting" or unsafe for the road condemn it. I dont agree with giving my money (and yours) to people to buy a new car so they can turn it into another "clunker" 5 years from now.

— theman440 (View Profile)

Posted on 8/27/2009 12:45:49 AM | reply to this comment | Votes: 1   

Hey Obama, what are do going to do now that you tun the auto industry?

Get your hands off of my money.

That Obama always needs my MONEY!!!!!!

— EL34 (View Profile)

Posted on 8/27/2009 10:56:11 AM | reply to this comment | Votes: -1   

Now that it has depleted stocked inventory we can move forward and do away with outrageous rebates and high sticker prices that offsets these stupid rebate...and get back to selling an average car price at 17000 dollars.

— shiftless (View Profile)

Posted on 8/27/2009 10:57:15 AM | reply to this comment | Votes: 3   

Americans voted for CHANGE, and they'll get it. America will be changed for ever, may God have mercy on our land cause no one can see where we're headed.

— Designer1 (View Profile)

Posted on 8/27/2009 11:57:57 AM | reply to this comment | Votes: 1   

Designer1,
I can see where you're headed but everybody wants to listen to Walmart and Hollywood because calling things like you see them is deemed racist, bigotry or some other liberal BS.

Liberal Europe is now finding out how detrimental unrelegated immigration has turned out to be but its too late for them.
http://www.economist.com/books/displayStory.cfm?story_id=14302290&source=hptextfeature

A Catholic Bishop was basically destroyed when he referred to immigration from Africa/Middle East as a silent invasion. I wonder what they'd call him now?

topneuro,
Europe is bracing for a big sales drop as well.

— huu76 (View Profile)

Posted on 8/27/2009 6:56:10 PM | reply to this comment | Votes: 0   

America needs to lose its fixation on all things gangster and the Hollywood mentality of "change for the sake of change" which is destroying the social fabric.

Failure of the family structure is one of the 5 main reasons why the Roman Empire fell.

— huu76 (View Profile)

Posted on 8/27/2009 7:00:28 PM | reply to this comment | Votes: 1