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  • MNTrader: 
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  Always has been a clunker for a program. All it did was push future demand to now, as Americans are stupid and won't turn down free money that is given to them by other taxpayers.

  Aug 19 02:12 PM | Link | Reply
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  • User 357705: 
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  Banksters and Wall St types just hate it when there is competition for what they believe to be their money. How dare mere citizens use the Bankster's bail out funds!

  Aug 19 02:14 PM | Link | Reply
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  • tunaman4u2: 
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  But my new Honda Fit is awesome !

  Aug 19 02:15 PM | Link | Reply
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  • tunaman4u2: 
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  38 MPGs vs 18 MPGs is pretty sweet as well...

  Aug 19 02:19 PM | Link | Reply
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  • doubleguns: 
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  It was a mere shot of adrenalin for an exhausted marathon runner.
  
  Wont make it 5 more miles.

  Aug 19 02:24 PM | Link | Reply
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  • CautiousInv...: 
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  Steps such as this reveal, simultaeously, the gravity of our times and the deficiencies of our elected officials.

  Aug 19 02:30 PM | Link | Reply
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  • paulseglund: 
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  Is it really good for the environment when you remove good cars and crush them that someone could use (charities or low income) so we can subsidize the people that can afford a new car? Of course it is not good for our wheezing capitalist system & this will be on life support if idiots think it works so well and will try to expand it to other industries.

  Aug 19 02:30 PM | Link | Reply
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  • H.J. Huneycutt: 
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  • The Upward Society: Laying the Foundations for a Post-Oil Age Economy
  I've been arguing for awhile that America has been shifting towards a neo-mercantilist economic framework. Cash-for-clunkers is yet more proof. It serves absolutely no legitimate economic, environmental, or societal function at all. It's an auto industry hand out - no more, no less.

  Aug 19 02:35 PM | Link | Reply
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  • Swashbuckler: 
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  The government is endlessly creative in devising new ways to piss away taxpayer money.

  Aug 19 02:47 PM | Link | Reply
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  • Stone Fox C...: 
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  • Stone Fox Capital
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  at 650K cars is it really that big of an impact? Thats only 5% of a normal run rate in the 12M annual range.

  Aug 19 02:55 PM | Link | Reply
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  • tunaman4u2: 
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  But they just print more to make up for it... thats the ONLY reason for the rally... Quantitative easing & distribution of it.
  
  
  On Aug 19 02:47 PM Swashbuckler wrote:
  
  > The government is endlessly creative in devising new ways to piss
  > away taxpayer money.

  Aug 19 03:00 PM | Link | Reply
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  • enigmaman: 
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  robbing Peter to pay Paul, the only bright spot was this tiny government program pointed out the glaring inefficiencies of the Fed gov

  Aug 19 03:16 PM | Link | Reply
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  • Teutonic Kn...: 
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  Pretty gimmicky, isn't it? Now they have to "add staff" to cope with the rebate to the dealers. Why doesn't our Congress, both houses, settle down to do some really useful legislative work vice resorting to sales and marketing for themselves? Vote hungry enough? For God's Sake spend some time shoring up enforcing illegal immigration - which right now looks like a consensual rape of sorts.

  Aug 19 04:35 PM | Link | Reply