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Cash For Clunkers Craters

Amazingly there are some issues with a government handout plan that was hastily passed by Nancy Pelosi and Harry Reid's crew in Congress and rubber stamped by the defacto CEO of GM .

By all means lets turn over the operation of our health care system to these folks. What could go wrong?


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Comments (19)

With the "Cash for Clunkers... (Below threshold)

With the "Cash for Clunkers" and the US Post Office as examples of 'efficiency', I can see how Barry believes that government involvement in health care will reduce costs.

Even the VA has new 'cost cutting' measures.


Welcome to the payment proc... (Below threshold)

Welcome to the payment process of Medicare and Medicaid before electronic payment systems.

Of course, now that we have... (Below threshold)

Of course, now that we have electronic billing, its easy to find a doctor who will take new Medicare patients anywhere, right?

But...but...it was an emerg... (Below threshold)

But...but...it was an emergency! So was the second $2 billion!

Like TARP. The Stimulus Bill. Cap and Trade. The Omnibus bill.

All critical to surviving the week without a complete collapse of...what was it again?

In Illinois Medicare is rou... (Below threshold)
jim m:

In Illinois Medicare is routinely 180 days behind in payments.

In the commercial world that would get you cut off from services.

You know I am sitting here ... (Below threshold)

You know I am sitting here watching and snickering at how the Dems are slowly imploding, as their agenda has come crashing down about their heads and shoulders. Everything that they have tried has blown back in the faces of "Walks on Water, San Fran Nan and Dingy Harry. I wonder what next will happen to the Dems? They have become the laughing stock of the world. Talk about incompetent people.

I don't see the problem her... (Below threshold)
jim m:

I don't see the problem here:

In a survey of nearly 800 dealers: (from NADA)

* 97% of dealers who responded, say the government is not reimbursing fast enough
* 13% of dealers have dropped out the program because the government is not reimbursing fast enough
* 87% percent of dealers are concerned the money will be exhausted
* 3% of CARS program deals have been reimbursed
* 66% of dealers have not received one payment from the government
* 25% of dealers are experiencing severe cash flow problems that require short-term loans to alleviate
* 11% of submitted applications have been approved (though dealers still are waiting for the money)
* 16% of submitted applications have been rejected
* 55% of dealers are not confident they will get reimbursed for every deal
* 40% do not want the program to continue, even if changes are made to the CARS program

What happened to Obama's claim of 159,000 cars exchanged with the program?

Just more BS from the One.

Oh I forgot...Secy of Trans... (Below threshold)
jim m:

Oh I forgot...Secy of Transportation is Ray LaHood.

He's from (wait for it)...


Checks in the mail fellas (snicker)

Bobdog -"All cr... (Below threshold)

Bobdog -

"All critical to surviving the week without a complete collapse of...what was it again?"

Obama's Poll Numbers!

Obama's healthcare plan has... (Below threshold)

Obama's healthcare plan has a "cash for codgers" plan. If your dad or mom is sick, take them to the nearest healthcare station and exchange them for cash. ww

The linked article from CNN... (Below threshold)

The linked article from CNN starts with....

"Cash for Clunkers, the very successful federal program....."

Jlawson, LOL!

Best, most intelligent admi... (Below threshold)

Best, most intelligent administration, ever! And don't you forget it!

"..the very successful fede... (Below threshold)
Les Nessman:

"..the very successful federal program.."

I think they don't understand the difference between 'successful' and 'popular, initially'.

The govt is promising 'free' money to people. Gee, no kidding it was popular.

Gimme gimme gimme other people's money.

For a politician "successfu... (Below threshold)
jim m:

For a politician "successful" and "popular" mean the same thing.

Really ww, "cash for codger... (Below threshold)

Really ww, "cash for codgers" How much will they give Me for a 73 male with a bad heart?

Gee, having the government ... (Below threshold)

Gee, having the government and the UAW being the two major shareholders of GM wouldn't have anything to do with this would it?

General Motors announced Thursday that it will immediately start providing "cash advances" to dealers equivalent to the rebates that are being processed, and will do so for the duration of the program. The Transportation Department said Monday will be the last day.

I mean really, if obama motors can fire a CEO they might also twist a few arms to get the outcome they desire for this BS program right?

Yeah, kind of like how a 'p... (Below threshold)
jim m:

Yeah, kind of like how a 'public option' will compete on an equal footing with other insurance companies.

If the rules don't give you the result you want just make the result and change the rules after the fact to suit.

"General Motors announced T... (Below threshold)
Les Nessman:

"General Motors announced Thursday that it will immediately start providing "cash advances" to dealers equivalent to the rebates that are being processed"

Nice. So isn't this putting Ford, et al, at a disadvantage when GM's owner has a literal printing press churning out whatever money GM needs?

The govt helping one company at the expense of another.

How many old clunkers have ... (Below threshold)

How many old clunkers have we got in WASHINGTON D.C. that have been there too long like CHAPAQUEDIC TED?






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