Cash-for-Clunkers hurting charities.
Already by about 50 million, which is real money for anybody (except a Democratic legislator, of course). It’ll likely get worse: The popular program is being blamed for hurting charities that rely on donations of cars to fund social programs. Those charities say their donations have fallen up to 12-percent already since “Cash for Clunkers” was implemented. They fear that as time goes on, their | Read More »
Government Announces “Rebates for Recipes” Plan to Save Restaurant Industry
One element of the economy hit particularly hard by the recession has been the restaurant industry. Superchef Gordon Ramsey’s restaurants are in a “free fall.” The industry as a whole is facing especially lean times as people eat more at home. Following up on the popular “cash for clunkers,” the government has created a plan to save the restaurant industry while attacking America’s growing obesity problem. It’s | Read More »
Reconciling the paradox: how popular *is* Cash-for-Clunkers?
If you’re wondering how to reconcile the apparent paradox that the Cash-for-Clunkers program can be simultaneously popular… The federal government’s new “Cash for Clunkers” program got off to a rousing start over the past two weeks, with some new-car dealers reporting dozens of deals completed in just the first few days. Officially, the program began July 24 when the government released the final rules. The | Read More »
Obamanism Stikes Again
Obamanism is not for America – we want our voice back, our Nation restored to its once strong foundation. We must leave our children a legacy to be proud of…
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And the Big Winner in ‘Cash for Clunkers’ is…Trucks?
CNN via Drudge Remember how “Cash for Clunkers” was supposed to take all these dirty, old, polluting cars off the road and replace them with new, green cars that sprouted flowers everywhere they went? Appearantly the opposite happened: …an independent analysis by Edmunds.com…showed that two full-size trucks and a small crossover SUV were actually among the top-ten buys. According to the government, small cars topped | Read More »
Brave, Brave Carnahan.
When faced with a vigorous band of constituents who wished to loudly express their discomfort and annoyance with both Russ Carnahan’s specific and general voting records, the Congressman did the proper thing: he engaged with them. He listened. He explained why sometimes – to evoke Burke – you have to exercise your own judgement in representing your district, and not knee-jerk defer to constituent opinion. | Read More »
Republicans need to be — the Party of “HELL NO” not the Party of “SLOW”
How the Colin Powell, John McCain, Arlene (disre)Specter*, Snowe? (one of Senate “Gang Of Sicks”), and others, model of the Republican Party is wrong-headed. *yes, he’s gone – thankfully – hopefully others will leave too. (removerinos.com) This is not going to be a long drawn out Diary as the points are simple and straight-forward. The points are most easily illustrated by addressing current events as | Read More »
, Cash for Clunkers
, it's the policies stupid
, John McCain
, Sarah Palin
, US Senate
Cash for Clunkers – Another Mini Scam
Altho the “Cash for Clunkers” is making headlines and the news media is having a hayday oohing and ahing about the economic benefits, this is another ridiculous Democratic ploy headed for the pits! This Obama creation “Cash for Clunkers” is a feeble last fling to distract Americans, economists and Republican leaders. What is happening at this time is a parallel to the Freddy and Fannie | Read More »
Cramer’s (Non-)Remorse, XI: “Clunk”
I’m very appreciative of the positive feedback I’m getting on this series, but I have to caution those optimistic that we are seeing a “conversion” in progress that we’re a very long way away from that. Case in point, Jim Cramer’s morning article titled, “Don’t Hit the Brakes on ‘Cash for Clunkers’”, written in response to a Wall Street Journal editorial shredding the program. I’m | Read More »
What C.A.R.S. Can Teach Us About Government Programs
Strange that a government program costing $1 billion would be considered small, no? A small government program can teach us a lot about government: C.A.R.S. Referred to in the media and by politicians as “Cash for Clunkers,” the Federal Car Allowance Rebate System gave rebates of $3,500 or $4,500 for qualifying automobiles. It was allocated $1 billion and intended to last five months. Those who | Read More »
Cash for clunkers program performing precisely as expected.
The problem is that participating car dealers are currently on the hook for the trade-ins that they made in good faith, but have yet to see any of the deals signed off on by the National Highway Traffic Safety Administration. There are problems with the online system, you see. Of course there are. It’s a government program, remember? [Minnesota Auto Dealers Association vice president Scott] | Read More »
Alan S. Blinder Isn’t Economically Illiterate
With the final passage of the Housing and Economic Recovery Act of 2008, we have officially embarked on the New New Deal. We’ve come to the end of a 30-year cycle of deregulation and are now moving into a period of expanded government involvement in the economy. As Milton Friedman said, real change is actually quite rare, but when it does come, it generally activates | Read More »