lets post up our favorite reasons why this program was stupid.
who does it hurts the most? working class people who rely on the sub $8000 used car market to help them eek out a living
people in congress earn about $180,000/year with killer health insurance...
they're too disconnected and dumb to realize all the economic repercussions of their actions. Actions that seek making G.M. profitable asap (for political reasons) and more dubiously, appeasing those wasteful, inefficient, overpaid U.A.W. assholes that pack on the campaign and lobbying dollars.
i'll start.
a delightful (and a favorite car of mine) the E34 BMW 530.
an awesome 3.0 litre V8 5-speed sedan (a killer combo) in awesome condition.
how about a mint condition 2000 S80 twin turbo Volvo.. a great 270hp or so daily driver
another favorite car of mine.. jeep wagoneer
and to finish things off with stuff to make the nissan crowd
a Z31 300zx
no death shot but you get the idea
lets not kill this thread with anti/pro obama bullshit.. if theres any debating to happen lets keep it intelligent.. keep it about Cash for Clunkers, economic repercussions, future political implications (the notion of gov't stimulated demand economics sure pisses me off), etc...
i first came across those videos while doing research for a E28 M5 i might buy. on this website
German Cars For Sale Blog | Archive | BMW it looks like one of those was clunkered.. man people are stuuuupppid
a maserati biturbo.. sure its a bad maserati.. but come on
lets think about how dumb the program is one more time.. the government raises taxes to sell cars, (by using tax dollars to buy up cars) they in turn take the influx of affordable cars (vital during a shitty economy with the highest unemployment rate in 26 years) and crush them... that in turn raises prices.. its like a double f-u in the name of more profit for a hostile-politician-takeover'ed industry. lets not forget that obama personally booted out GMs CEO.