Flying Welsh Dragon

The C4C is NOT outta money!
It is projected to be out of money. At only 10% of program use. The usual linear projection of a dynamic situation.
Sigh
Another f’n stupidus plan.

Flying Welsh Dragon

No telling on gold, either. It’s price could go any which way, though it does have the limitation that there is only so much of it in the world.

Count to 10 on July 31, 2009 at 4:18 PM

Well, temporarily at least. Remember – gold has been valuable since the time of the pharaohs. It’s unlikely to completely devalue…unlike the currencies of literally thousands of nations throughout history have done, now only having value as collectors items.

Unlike pretty much every other Hopenchange economic policy, not only did this one work, it worked better than expected.

Did it really? What was the goal of the policy? If it was to help the environment, then it failed. If it was to help struggling Americans save money? Failed. If it was to help American carmakers catch up with foreign automakers? Failed.

Even if the goal was to stimulate car sales, it likely only shifted future purchases to the present and reduced used-car inventory.

When Jay leno makes a statement by scraping his guzzlers, ( just a bad thought) Then we’re in trouble.

I knew he was a car enthusiast but “Wow” What a collection.

http://www.jaylenosgarage.com/cars/

It’s still a bad idea due to the fact it promotes more debt and we all have enough of that to go around.

Nalea on August 1, 2009 at 6:39 AM

This is an evil program.
There is something very diabolical about it.

Americans do not go about destroying perfectly good running cars. Yet, here were are, destroying cars for pieces of silver.
It was said at one time that Americans loved their cars. That the car was the closest thing to a living being man could make. Now for a price, they are taking them to the back lot and dumping poison down their throats and having them chopped up into little pieces.
Call me paranoid,, I do not care. This is the beginnings of something evil.
I posted last night how Orwellian this was. It is Orwellian.
You have the government now owning GM,,, and now you have the same government starting a program to buy cars and then destroy them. These programs never get smaller. They only expand. Think of ethanol. Think of the school lunch program.
What if the next time they didn’t give you a choice, but mandated you HAD to trade that so called clunker in. And what is a clunker?? Words are wonderful things aren’t they. Why,, a clunker can be a perfectly good running 1988 BMW 535IS, or a fine old 57 Chevy. No allowances are made,, all must be destroyed. This is more than just taking old clunkers off the streets, this is erasing American culture and art. This is about changing mindsets. Americans have affections for their cars. But for a price,, we see now how quickly things can change.

1984, From Part 2, Chapter 5

In a way, the world-view of the Party imposed itself most successfully on people incapable of understanding it. They could be made to accept the most flagrant violations of reality, because they never fully grasped the enormity of what was demanded of them, and were not sufficiently interested in public events to notice what was happening. By lack of understanding they remained sane. They simply swallowed everything, and what they swallowed did them no harm, because it left no residue behind, just as a grain of corn will pass undigested through the body of a bird.

Yes,, there is something evil about this.

GDP numbers just came out today. Why is it always Fridays.

DFCtomm on July 31, 2009 at 4:30 PM

The author of that piece is still missing the big picture — the government spending is causing much of the drop in private spending, not “making up for it”.

As far as the parts:
The drive train and engine must be destroyed, but the salvage yard may at their discretion dispose of all other parts which includes body panels, interiors, glass and other parts which do not have Mercury and polluting chemicals in them.

It’s still a bad idea due to the fact it promotes more debt and we all have enough of that to go around.

Imagine this scenario.  Grandma Betty, Uncle Rufus, etc. are getting a little long in the tooth.  They’re not as efficient with the healthcare system as they used to be, as they require more tune-ups and procedures to keep them running smooth. …