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Cash For Clunkers
What Is It? And
What Might It
Do?
August 04,
2009
I
called up my car dealer today, to get the lowdown on the latest
"down payment" fad that our government, AKA the American taxpayer is
paying for.
It's not enough that I am paying $377.00 car
payments a month for my newest car. It is not enough that my tax
dollars have already gone to bail out three major car companies.
Now, my tax dollars have to pay for other people's new car down
payments.
Would they like fries with that? Jeepers!
What
gives?
Well, this is what gives, our government. Yes, our
government gives quite generously, with money that does not belong
to them. So, just how does it work, and why are they doing
it?
It works like this:
If you have
a 1984 - 2001 car that you have owned and legally operated
for the last year, which gets less than 18 miles per gallon of
gas, then you could get up $4,500 from U.S. tax payers'
money, towards a new car that gets, at least 22 mpg of gas.
Why is our government handing out free money to people, who
are willing to trade up for a car that gets at least a whopping FOUR
more miles, to a gallon of gas? Good question.
Those in
government who are so generous with our money, we generally refer to
them, as LIBERALS, claim that it is to help the economy. Well, help
it what? Nose dive more quickly?
And just what is going to
happen when most of these new car owners, who clearly could not
afford a new car payment, a month ago, find that they
cannot afford a new car payment in a few months
either?
Well, you KNOW what is going to happen. The
government is going to take even MORE of our tax money to bail them
out of the pinch and save their vehicles, claiming that it was the
government's fault that the people got in the pinch to begin with.
Does this sound familiar?
This is exactly what
happened with the mortgage industry. The government was
responsible for getting people in over their heads, with mortgage
payments that they could not afford and then felt the need to come
in and bail the people out.
One of the problems with the
mortage situation, was that people were not having to come up with a
down payment, or only having to come up with a very small one. If a
person cannot come up with a reasonable down payment, such is a
pretty good sign that the person might not be able to pay the
payments.
Is this a way for the liberals in government to
bring MORE Americans to their knees, financially, so that they, too,
will embrace socialism, rather than lose everything? You had better
believe it! And you had better get up off your rears and get
involved, IF you are not involved already!
For the record: My
daughter's car that she purchased, just over a week ago? She
put down a good part of the cost of the car, the old fashion
way, with her own money that she saved up. Hey, what a
concept!
Debra
J.M. Smith
www.InformingChristians.com
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