Tuesday, August 25, 2009

CNN American Morning Thinking of buying a new car? 'Cash for clunkers' might be ending but there's still some cash out there...

Ariel Segall, Lets look at the results :

1 ) Neither GM's nor Chrysler's cars made the top ten cars sold under this program.

2 ) Most likely the ones who traded their car for a new one are the ones who should not be taking an xtra payment in their budget ...

3 ) 467,000 cas times whatever their impact would be in the manufacturing figures is not even close to a sparkle on the jump start of our recovery

Can anyone help me to see the positive side...???

Where are the Empire States, Hoover Dams and other great structures that will become the icons of this recession ?
5 hours ago

Paul MacLean, @Ariel...one question then, where do you suppose we start with this recession crisis?...,Im NOT saying that "Clash for Clunkers" was the answer, but IT was something, that got something started, perhaps the days of "Hoover Dams" and "Empire States" are really over, either we depend on the new Baby Boomers to upstart something OR we have have to start saying "NO" to all the luxuries we've lavishly enjoyed in the past....credit? wot's credit...perhaps we should start with that, maybe that's how the big car companies got themselves into trouble the first time 'round...question is, have they learned anything?...Mmm, maybe bailing out those companies and banks wasn'y such a great idea after all!!...,but wot do I know right?!!
44 minutes ago

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