Posts Tagged ‘cash for clunkers’
On October 28, Edmunds posted a press release: “Cash for Clunkers Results Finally In: Taxpayers Paid $24,000 per Vehicle Sold, Reports Edmunds.com.” Edmonds explains the process it used to arrive at incremental vehicle sales from Cash for Clunkers incentives, and then calculated the average cost per vehicle. On the White House blog, Edmunds has been [...]
Here is an amazing series of photos taken at a junk yard that was collecting Cash for Clunkers remains. Note all the SUVs, and mostly, the great condition of many of the vehicles. FYI: if you are at work, your filter may not let you get to this website – it is an AR-15 forum. [...]
Apropos my article on Cash for Clunkers from yesterday, here’s some follow-up to support my points. September sales for GM were down 45% and and for Chrysler the number was 42%. When the government stopped subsidizing the purchase of cars, people stopped purchasing them – a point made very clear in my article. I also [...]
Here’s my latest article for the Clare Boothe Luce Policy Institute.
“Any or all uses of this system and all files on this system may be intercepted, monitored, recorded, copied, audited, inspected, and disclosed …..” Glenn Beck shows us exactly what happens when you go to the ‘Cash for Clunkers’ website. Beck interviews Jonah Goldberg, who is on the right side here, but Jonah, where were [...]
This morning I reported that the government’s ‘Cash for Clunkers’ program ran out of cash, meaning that people had to keep their clunkers and give up the cash. Congress just voted to refill the ‘Cash for Clunkers’ trough. The Wall Street Journal just reported: The House voted 316-109 to approve the transfer of $2 billion [...]
Welcome to Federal Government Micromanagement of the Economy 101. NoThe government’s joke-of-a-program, the “Cash for Clunkers” scam, is over already. Why? The tank ran dry. The so-called “Cash for Clunkers” program will be suspended because the funds set aside for the effort are on the verge of running out, Capitol Hill sources told CNBC. Transportation [...]