E30s are safe...for now
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thats because unlike a real business, governments don't engage in profits, risk, or losses. They have moral hazards that allow them to run inefficiently (ex. deficit spending) because no matter what path they take, the government will always be around and their personell will get promotions despite failure. quite unfair when you think about it.Leave a comment:
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Guest repliedThe House just approved 2 billion more for the program.Leave a comment:
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agreed. in the first couple days of the program look what happens, everything gets so backed up that the gov't has to stop it because they are up to their eyeballs in paperwork. now think about what its gonna be like when everyone just suddenly gets free healthcare
POOFLeave a comment:
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I disagree that a parallel can not be drawn.
The gov't is always off the mark from what they say will happen, the programs always cost more, and they are never as efficient or provide as much help as they promise.
That's across the board.Leave a comment:
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The problem that the parallel been drawn is irrelevant. You cannot compare this potty program to something like health care. lest you forget there are already govt managed health care programs (medicare) which run quite efficiently. i think the management overhead is something like 2%. again, my issue with this program is the concept of it, not necessarily execution.You're so clueless it's laughable.
It's a failure because the program had to be halted, because there was such poor planning for the response that with only 1/10 of the money spent they were losing track of what was going on.
How hard is that for you to understand?
The point he was making is that if the gov't can't even get their shit together to trade in 250,000 cars and give a rebate, let's let them handle far more difficult health insurance for 300+ million people.
Can't you not see the parallel being drawn?
btw the 1/10 # is wrong. 250MM was allocated in the first few days. I trust the WSJ more than anyone spouting off numbers on r3v.Leave a comment:
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You're so clueless it's laughable.So let me get this straight.
The government institutes the 'Cash for Clunkers' program. The public loves it. In fact, they love it so much that they trade in cars at a totally unexpected rate, much higher than anyone had predicted.
And that's the governments fault? And it's a 'failure', according to you?
Perhaps you need to look up the definition of the word failure (hint, it's the opposite of success)
Like I said, if you opened a business and sold out in 5 days because people loved your stuff so much, would you call yourself a failure?
It's a failure because the program had to be halted, because there was such poor planning for the response that with only 1/10 of the money spent they were losing track of what was going on.
How hard is that for you to understand?
The point he was making is that if the gov't can't even get their shit together to trade in 250,000 cars and give a rebate, let's let them handle far more difficult health insurance for 300+ million people.
Can't you not see the parallel being drawn?Leave a comment:
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i'm not so concerned about the success failure of the implementation. they under-estimated how popular it would be, no one died. Katrina, now that was a major govt fuckup.. remember that? I'm more concerned about the effectiveness of the program vis a vis the $3billion we're spending on it. I don't see how this helps the environment or gas usage in any material terms. I also don't see how making people buy cars they can likely not afford later or we're going to buy in any case in 6-12 months will help the long term stabilization of the auto industry.Leave a comment:
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If I ran my buisness and ran out any product in 5 days I would have failed to predict my product potential and yes that is a faliure! A massive faluire! This why the govt operates in the red and buisnesses operate in the black.So let me get this straight.
The government institutes the 'Cash for Clunkers' program. The public loves it. In fact, they love it so much that they trade in cars at a totally unexpected rate, much higher than anyone had predicted.
And that's the governments fault? And it's a 'failure', according to you?
Perhaps you need to look up the definition of the word failure (hint, it's the opposite of success)
Like I said, if you opened a business and sold out in 5 days because people loved your stuff so much, would you call yourself a failure?
Except that the $$ you spend on foreign oil went to kill over 2000 innocent Americans on 9/11. And it continues to kill our soldiers all over the middle east. Still want to bring it on? How many soldiers lives are worth it?Leave a comment:
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Owned no problem, I could pick one up from a buddy, there are a shit ton here, and just whip up a bill a sale, registered would deff be an issue.
I also have a 94 s10 that's been off the road forever but I'm the last registered owner, I just figured a mustang would give extra leway.Leave a comment:

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