In the "You Just Can’t Make This Stuff Up" department. Here is how the feds are using more of your stolen tax dollars.
President Obama will sign into law a program NHTSA is calling the Car Allowance Rebate System (CARS). This is a government program that helps you purchase a new, more fuel efficient vehicle when you trade in a less fuel efficient vehicle.
See the website if you want all the details. But I’ll give you a few.
You can get a $3,500 - $4,500 credit on the purchase of a new car (if its fuel efficient enough) when you trade in an old car that gets low gas mileage.
What happens to the cars that are traded in? Will Obama be running a used car lot out of 1600 Pennsylvania Ave? Do you get to try and bargain him down on the price of "84 Chevy Citation and demand that he Show You the Carfax? While that would be hilarious and a much better use of his time, here is what the new law says: “...crushing or shredding of an eligible trade-in vehicle...” They are going to be destroyed it appears.
So I could take my well-running '98 Suburban and trade it in and the government will give me $4,500 dollars that they stole from y'all to but towards buying a SmartCar or Prius or Camry etc....Then they are going to take a perfectly fine Suburban and crush it like certain South Carolina governor's presidential dreams.
How much $$$$ is available for this program? “There is hereby appropriated to the Secretary of Transportation $1,000,000,000, of which up to $50,000,000 is
available for administration, to remain available until expended to
carry out this section.” So the Feds are going to spend up to a Billion dollars to try and get the new Obama Motors cars to sell.
Hey if you are planning to ditch your old clunker for a new car you might as well look into the program. The government is going to go broke sooner rather than later so you might as well reap some benefits. And it’s not like its real money; they are just borrowing it from the Chinese and have no intention or ability to pay it off anyway.
But you need to hurry; this program ends November 1st 2009. Well that is until they extend it or come up with another hair-brain scheme to sell their unwanted cars.
Can someone please find the clause in the Constitution that allows the federal government to give kickbacks to people who trade in a car? Or in keeping with the times that the Constitution was written, trade in a horse and buggy for a model that eats less hay.
And if this is allowed under the Constitution can I get some money for the old washing machine I just got rid of? The new one I bought uses less electricity and water. I should get two kickbacks for that.
4 comments:
Tell people what EOTWAWKI means they don't all have sardonic brains!!! Thanks be to God!!!
Your wife makes a valid point. You may have explained it at one time, but I have short term memory.
We were going to use the program, as you say, to take advantage of the gov't stupidity. We were all set to pay for a new car in cash, and trade in this horrible junker Infiniti Q45. But then they put it off for another month, and it turned out we have no sales tax on hybrids in our state right up until that silly program starts, so the chances of getting both deals might have had one day overlap, if we were lucky. So we decided to take the state deal of no sales tax instead and not wait, and donate the beater to the VOA. And now we own a brand new Prius. It's the weirdest car ever. It's like driving a computer. The manual is HUGE and includes a DVD, and it took me 10 minutes to realize I couldn't turn it on or put it in drive until after I read some directions. I'm glad my husband likes it.
I also read about everything breaking at once. That is the all time best reason ever for savings. And for the first time in 10 years of marriage, we finally have some. Phew!
keep me posted on how the Prius works out for you...bummer about not being able to get that govt kickback on it. i think we have donate our last 5 or so dying cars to variuos charities.
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