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Car Dealers Agree: Cash For Clunkers a Failure
n2sooners
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3
8-22-2009 2:51 AM
106 views
tags:
cars
,
cash for clunkers
,
failure
,
government
,
politics
,
waste
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/f11f3bb9-14c2-4fc9-b420-06fd0a92bafe/0888E87E-DB96-4883-8003-376AEC7050EB/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html" href="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html" style="font-size: 11px;">gatewaypundit.blogspot.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><A href="http://www.cardealerreviews.org/?p=116533" bitly="BITLY_PROCESSED" linkindex="5">Car Dealers Reviews</A> reported, via <A href="http://www.freerepublic.com/focus/f-news/2320407/posts" bitly="BITLY_PROCESSED" linkindex="6">Free Republic</A>:</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>The National Automobile Dealers Association</STRONG> is urging the federal government to<STRONG> begin shutting down the Cash for Clunkers program immediately</STRONG>.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><DIV>In a survey nearly 800 dealers, </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>97%</STRONG> of dealers who responded, say the government is not reimbursing fast enough </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>13%</STRONG> of dealers have dropped out the program because the government is not reimbursing fast enough</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>87%</STRONG> percent of dealers are concerned the money will be exhausted </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>3%</STRONG> of CARS program deals have been reimbursed </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>66%</STRONG> of dealers have not received one payment from the government </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>25%</STRONG> of dealers are experiencing servere cash flow problems that require short-term loans to fix </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>11%</STRONG> of submitted applications have been approved (though dealers still are waiting for the money) </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>16%</STRONG> of submitted applications have been rejected </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>55%</STRONG> of dealers are not confident they will get reimbursed for every deal </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html"><STRONG>40%</STRONG> do not want the program to continue, even if changes are made to the CARS program </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://gatewaypundit.blogspot.com/2009/08/car-dealers-agree-cash-for-clunkers.html">Let's give them health care!</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/0888E87E-DB96-4883-8003-376AEC7050EB/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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