cabaretewilliam

Cash for Clunkers May Cost Up to $45,354 Per Vehicle

One thing the article missed. The interest paid on the One billion borrowed, and the 2-3 more billion they are going to ask for. That will more that double the cost. Assume that these borrowed dollars are paid back in 50 years, a good assumption. It will mean a cost of $200,000 per car sold!

Automakers: A Pitiful Trio

You all miss the essence. You cannot make carsin the USA at $70 per hour, whenyou can have them lade for $2 an hour in Asia. Sack the union, who have almost killed the golden goose, and rehire the unemployed int those areas for $12-$14 per hour and the big three will stand a chance. Otherwise, do not give them one penny!