
08-21-2009, 06:37 PM
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CC Member
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Join Date: Sep 2008
Cobra Make, Engine:
Posts: 1,120
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Quote:
Originally Posted by Excaliber
I never heard that 10 day thing either, sounds very suspicious. I hear GM is fronting the money to dealers in anticipation of getting reimbursed from the Guv. Smart move on their part. I was interested in ONE new car in particular and considered the C4C program for my Grand Cherokee. But the dealer said they were not going to participate, their choice, I walked.
Cost/benefit analysis? Thats a tough one, it's easy to say it's a flawed program, to many delays, blah blah. Cost to much for what it did for the country? I don't know, without access to enough "data points" on the auto manufacturers, job's picture, economy in general I don't think any of us are in a position to say with some authority, yeah or neah on the subject. Speculation runs rampant, "rumor has it" abounds, hard facts will be like nailing jello to a wall. We may never know the end results, perhaps it's just another brick in the wall of rebuilding the economic fundamentals?
One thing is clear, Obama inherited this mess, who caused it is a long and winding road of endless finger pointing. To do nothing only exaperates the problem, C4C appears to be a step in the right direction.
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The problem that Obama inherited, and Bush inherited and Clinton inherited and Bush inherited, and Reagan inherited, on past Roosevelt, is out of control spending. And obummer is CERTAINLY not "doing nothing," he IS exacerbating the problem WORSE than any predecessor EVER imagined.
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