Archive for September 1st, 2009
The Cash for Clunkers (C4C) program has provided an important lesson that Congress must take to heart. The scheme which the Obama administration hoped to both stimulate auto sales and get fuel-inefficient vehicles off the road, has turned out to be hugely popular ‘Failure’. Cash for Clunkers has ended up being the worst government intervention masterminded by the Obama administration so far. The law empowered the National Highway Transportation Safety Administration (NHTSA) to create the Car Allowance Rebate System (CARS) to administer the stimulus money. Environmentalists are unhappy, however, because the original guidelines for the program were so watered down that it’s all too possible to buy a new car that has only marginal fuel economy improvements over the old clunker. People are buying new Ford trucks to replace their old ones, instead of Priuses in exchange for Hummers. Or so we hear from anecdotal reports — we don’t have good data yet on the breakdown of the new purchases, which has led to some Senators declaring that they won’t vote to authorize funding unless the environmental rules are tightened, or there is evidence that the program is working as planned.
Whatever the mpg improvement of the new car over the clunker, premature scrapping of functioning vehicles is hardly a contribution to environmental sustainability. In addition, C4C buyers may well drive their higher mpg cars more miles per year than they did their clunkers. And two car families that traded in their old SUVs for high mpg sedans may later trade in the existing family sedan for another SUV, resulting in minimal mpg improvement on a per household basis. Each clunker required dealer salespeople to complete 11 forms, the online computer system set up by Citi was slow and sometimes crashed, and extra workers had to be hired to process C4C claims. Only $145 million of $1.9 billion in claims have so far been refunded to dealers. Ironically, GM and Chrysler are using taxpayer bailout money to advance dealers the refund money they are waiting for from the US government! In the end, administration expenses might well reach 10 percent of total program costs.
The NHTSA website could not handle the thousands of dealers registering simultaneously. This resulted in weeks of dealer registration delays, further complicated by letters improperly mailed from the NHTSA to dealers with wrong dealer registration codes. Some has not been paid today. The website also could not handle the volume of sales transactions being uploaded for reimbursement. Car dealers were forced to spend hours to enter a single sales transaction. The failures of the NHTSA website decreased dealer confidence in the program and raised concerns about the reimbursement process and payment timelines. NHTSA reported that when dealers were able to upload sales documents, 80% were rejected as incomplete. Dealers under the law are entitled to be paid in 10 days after their sales transactions are approved. This workload from the initial $1 billion in funding alone would take over a month for staffers to review and approve dealer submission. Dealers now have hundreds of thousands of dollars tied up in CARS reimbursements and only a small percentage has been repaid. Here’s the figure: $2.878 billion. That’s how much money the government owes car dealers for the “Cash for Clunkers” program. Now that the popular program has ended, many dealerships are asking the federal government to “show them the money.”
Japanese, Koreans Gain From Cash For Clunkers
Obama slow to pay for clunkers
Rebates slow, dealers say
Car Dealers Still Waiting On ‘Clunkers‘ Cash
Dealers get a rough ride as ‘cash for clunkers’ ends
No More Cash For Clunkers
Car dealers steamed about slow pay on Cash for Clunkers
Dealers Quit Â’Cash for Clunkers,’ Complain Uncle Sam Is Slow to …
Government Slow Paying Dealers For Cash For Clunkers – Money News …
When talk show host start telling the American Public the truth about Obama and his agenda, the Left gets scared and start groups to start boycotting the programs. They start talking about so-called “Fairness Doctrine” , a failed government attempt to impose its definition of political “objectivity” on the news media. The doctrine, repealed in 1987, mandated diversity by requiring broadcasters using the public airwaves to give equal time to opposing political views. Since talk radio is overwhelmingly dominated by conservative hosts, and liberal talk radio draws few listeners, the doctrine would likely force many radio stations to pull conservative hosts rather than air low-rated liberal hosts. This is to silence the voice of radio talk show hosts like Glenn Beck, Rush Limbaugh, Sean Hannity, Rupert Murdoch and Fox News. 100 million people tune in to over 2,000 talk-radio hosts each week, why? Because that is the only way America can hear the truth about Obama’s Administration, and that causes a huge problem with Obama and the Liberal Democrats. Obama want you to think the way he thinks, Democrats want you to think the way they think, and Liberal don’t want you ‘think at ALL’. If it wasn’t for conservative talk shows, there is no telling where this country would be.
Obama and his administration are leading the attack to silence the free and open exchange of views on the public airwaves. Obama attacked Fox News before the November election, saying “I am convinced that if there were no Fox News, I might be two or three points higher in the polls.” Obama has also gone after Rush Limbaugh, saying, “You can’t just listen to Rush Limbaugh and get things done.”
Obama’s African-American political organization Color of Change called for an advertiser boycott of Beck’s programming after Beck said Obama “doesn’t like white people” on July 28. What about Kanye West saying “George Bush does not care about Black People” where is the silence here? where is the boycott of Kanye’s music? If white people boycott Kanye, he would be yelling RACIST at the top of his lungs. Color of Change was founded by Van Jones, who serves in the Obama White House as his “green-jobs czar,” do you follow me?
Remember Obama PROMISED he would “end politics as usual in Washington” and usher in a new era of bipartisanship in government. Thanks to Conservative talk radio shows all over the nation, because exposed the $787 billion stimulus bill and all the overspending Congress has done, Thanks to Conservative talk radio shows for exposing Obama’s Health Care Reform legislation without support from the GOP. Obama where is that bipartisanship in government?
Continue to listen to Glenn Beck, Rush Limbaugh, Sean Hannity, Rupert Murdoch and Fox News. This may be the only way to Save America.