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Cash for Clunkers plan does little for planet
In fact, I never knew that the program was initially aimed to get more fuel efficient cars on the road. I thought that it was to help tanking American car companies. The report says that some of the clunkers got better gas mileage than the new cars. Only in America. " Study:... Economic Cycle has Turned
During the great credit expansion of 1945-2007, businesses could anticipate, generally, rising earnings. People were buying more and more things on credit. In a national economy, businesses pay wages and then the... Limited Enthusiasm for Electric Cars
News of greater-than-expected job cuts at Opel and general jitters about the state of the auto industry were felt at the recent Frankfurt Auto Show, Sept. 17 - Sept. 27. While the shape of the auto industry's... 60,000 Clunkers Rejected for Payout in Cash for Clunkers Program
60,000 clunkers have been rejected for payout under the Cash for Clunkers program. That's $250 million worth of vouchers withheld. Meanwhile, $2.25 billion in Cash for Clunkers vouchers paid out for 535,000 cars. 77,000 vouchers have been approved but not yet paid out, worth...
created by Jordan Yerman | 8 wks ago | updated 8 wks ago
2905 views | 2 recommendations | 16 comments
2905 views | 2 recommendations | 16 comments
Pointless risk taking by Governments
Angela Merkel. Alone among the world leaders, seems to have kept her head: “The crisis did not come about because we issued too little money but because we created economic growth with too much money, and it was... Big Ben is no Hero
The media do believe us the newest hero is Ben Bernanke. Probably their mind and many others come from another planet. And were not on Earth when Big Ben acted in the past. He became popular as the Helicopter Ben*... 135 views | 24 recommendations | 8 comments
Toyota Wins in Cash for Clunkers Sales
The top selling cars in the Cash for Clunkers program were: Toyota Corolla (see related recall story- d'oh!) Honda Civic Toyota Camry Ford Focus Nearly 700,000 cars were sold in the Cash for Clunkers program's four-week run, most of them by Japanese automakers: Toyota alone... Cash for Clunkers Rebate is Taxable Income, Including Penalties
Remember that awesome $4500 Cash for Clunkers rebate? Would you think it was so awesome if you knew that your Cash for Clunkers rebate grant was taxable income? Do you think dealerships would have been so quick to... Did Cash for Clunkers Work?
Cash for Clunkers ends at 8pm ET (5pm PT) today. As the Cash for Clunkers program (officially called CARS) winds down, the big question is, did Cash or Clunkers work? "Dealers have until 8 p.m. ET to file...
created by Jordan Yerman | 12 wks ago | updated 12 wks ago
444 views | 28 recommendations | 6 comments
444 views | 28 recommendations | 6 comments
Cash for Clunkers Ending Monday August 24, 8 PM ET, not Labor Day
The Cash for Clunkers program is ending next Monday August 24, at 8 pm Eastern Daylight Time. The popular Cash for Clunkers was expected to end on Labor Day in early September, but the government announced today to end the program early, one month after it began.The $3... Hyundai Canada Gives $1000 To Buyers Of Fuel-Efficient Hyundais
Hyundai Canada will offer between $500 to $1000 to customers who buy new, fuel-efficient Hyundais. Hyundai Canada hopes that it's $1000 incentive combined with the Canadian Government's Retire Your Ride Program will encourage customers to give up older, more polluting... Maserati Clunker: 1985 Maserati BiTurbo Traded In for $3500
Someone traded in a rare 1985 Maserati BiTurbo as part of the Cash for Clunkers program. The 1985 Maserati BiTurbo only had 18,480 miles on it, and the owner was having trouble selling it. As 1985 Maseratis are not... 3590 views | 0 recommendations | 4 comments
Cash for Clunkers: Do It Right to Get the Best Deal
Cash for Clunkers is turning over far more vehicles than expected, though some people in the market for a new set of wheels may not be getting the best-possible deal. Economically and environmentally, there's no... From one scam to another
Tim Geithner told the Chinese last week that the United States would revive thanks to increased private demand. But the feds cannot really increase demand in the private sector. Increasing real demand would mean... How Green is the Cash for Clunkers?
The environmental gains achieved by getting clunkers off the road are small. There is a lot of hype surrounding the ‘cash for clunkers', which is a nice gimmick but only with transitory effects. Besides, just how...
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