[Healeys] What Should We Do With Our Cars?

[Al Malin]

Cash for Clunkers cash flow:

1) U.S.A. borrows money from Chinese
2) Congress and Administration gives money borrowed from Chinese to  
new car buyer
3) New car buyer buys a foreign car

Al Malin
Tricarb



On Aug 7, 2009, at 8:56 PM, Alan Seigrist wrote:

> I always love the perverse logic of Congress, "let's see if giving  
> people
> $4,500 to buy a new car will be a popular program."  and then "Oh my  
> god, I
> never thought giving people $4,500 in free money would be so  
> popular, we
> need to do even more, now, hurry hurry hurry!!!"
>
> Hmmm let's give all this money to just 500 thousand Americans, paid  
> for by
> the other 100 million American taxpayers who are the ones who get  
> the bill.
>
>
> Yeah, that's fair, and popular too!
>
> I suggest that all of you who did NOT get $4,500 in cash for  
> clunkers vote
> your congressman out of office (whether R or D) next time around.
>
> Alan
>
> '52 A90
> '53 BN1
> '64 BJ8