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Post by azslim on Aug 9, 2009 15:21:13 GMT 12.75
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Post by Snake Eyes on Aug 9, 2009 21:19:20 GMT 12.75
Slim, Absolutely unbelievable!!!!!!! snake-eyes
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Post by OLKoot on Aug 10, 2009 5:09:05 GMT 12.75
That's still the big question....Recently Obama said the recession is over after spending only $67 million , so where is the rest....For one, its going to the collapsed "Cash for clunkers program".....The problem is, instead of a stimulus for GM,Chrysler,and Ford, the majority of people who are turning in their cars are also and mostly buying foreign cars.....If the recession has been stopped, then take the balance that's left over and invest,retool and secure the other failed government programs like Medicare for seniors, Medicade and Social Security, and a give back to the stronger military which is about to take a 25% cut in defense spending.....So the freakin plan is another government failure....Just like the health plan the government wants, it's another POS!!!
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Post by Mars on Aug 10, 2009 5:45:22 GMT 12.75
Only in America would the government bribe the people to trade in a paid for car for debt on another car. Many economists are saying the economy will collapse again and it may be worse then this time. I wonder how much of that collapse will be when the bills start rolling in for these new debt cars and homes and people don't have the funds to pay them. Telling and encouraging people to increase debt in a bad economy is no different then playing russian roulette with a government issued model 1911.
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Post by azslim on Aug 10, 2009 6:07:32 GMT 12.75
And all the young kids are applauding not realizing how they will be impacted. Most young kids aren't going to be able to afford a loan for a $20k new car, but most of the older used cars they could have afforded will be crushed driving the cost of those remaining up. Yep, they got the change they were asking for. Now we have to set back and let them learn their lesson, look farther ahead then the next weekend at the bar.
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Post by Toby Benoit on Aug 10, 2009 10:04:39 GMT 12.75
Why not bribe Americans into creating more debt for thmselves? Our congress just set aside a half billion dollars to buy themselves another eight luxury jets!
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Post by OLKoot on Aug 10, 2009 12:29:55 GMT 12.75
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