The "Mo' Gummint" bunch are, by and large, idiots.
...According to E Magazine, the “Clunkers” program, which
is officially known as the Car Allowance Rebates System (CARS),
produced tons of unnecessary waste while doing little to curb
greenhouse gas emissions.
...many of
the “Cash for Clunkers” cars were never sent to recycling
facilities. The agency reports that the cars’ engines were instead
destroyed by federal mandate, in order to prevent dealers from
illicitly reselling the vehicles later.
The remaining parts of each car could then be put up for
auction, but program guidelines also required that after 180 days,
no matter how much of the car was left, the parts woud be sent to a
junkyard and shredded.
...E Magazine states recycling just the plastic and metal
alone from the CARS scraps would have saved 24 million barrels of
oil. While some of the “Clunkers” were truly old, many of the
almost 700,000 cars were still in perfectly good condition....quoted at AmSpecBlog
Too bad, so sad.
Wasn't the primary goal of the CFC to get people buying new cars to stimulate the economy.
ReplyDeleteApparently, you didn't read the news when Clash for Clunkers was being implemented, anon.
ReplyDeleteThe main reason was environmental, to get the old, gas guzzling cars off the roads.
But please read the newspapers and other news sources, you may learn something.
The main reason? I don't think so. Stimulating the economy was the main reason. I read many sources at the time.
ReplyDeleteVegas Dan can't comprendo multiple objectives. But then he's spending most of his time at the Mustang Ranch. Hopefully he's wearing his Trojans.
ReplyDeleteThis comment has been removed by a blog administrator.
ReplyDelete
ReplyDeleteThe Cash For Clunkers complete fiduciary waste lunacy existed for one covert reason...
...to shovel even more taxpayer dollars to the corrupt auto industry and its corrupt unions via a sham facade "feel good to help my America" pirouette invented by a know-absolutely-nothing-about-economics OTrauma administration making sure Soetoro and his rhumba continued to not allow another government/WallStreet/freemason engineered crisis go to waste.
As absolutely moronic as the trillion dollar coin.
THESE are the ideas emanating from the "decision makers" running America.
Beyond unbelievable.
I could obtain better brainstorming by querying an psychotic mentally ill inpatient...which, by the by, describes the MF SCOAMF POTUS indubitably...so I guess this IS the best to be expected from the delusionist-in-chief.