Comments on: Less Than Half Of Cash For Clunkers Spending Actually Went To Dealers UPDATE: Corrected

By: The_Whistler_ofnd

The_Whistler_ofnd — Wed, 30 Nov -0001 00:00:00 +0000

And how exactly to you spend that much money running a little program like this?

By: Buzz

Buzz — Wed, 30 Nov -0001 00:00:00 +0000

If you look close it almost says that…. no, no I guess it doesn’t say anything like that.

Well, nice try.

By: SigFan

SigFan — Wed, 30 Nov -0001 00:00:00 +0000

I’m sure that when it all closes out, some additional amount of that $1.66 billion will make it to the dealers as it should. But they could of payed my consulting company $2 million and we would have administered the whole program for them and saved the taxpayer a big chunk of change. I wonder if they will ever release a final and accurate accounting of the program to the public?

By: robert108

robert108 — Wed, 30 Nov -0001 00:00:00 +0000

This is typical of socialism, Rob, and why it is so wasteful. Most of the money in any program goes to administrative costs, not the actual running of the operation.
In govt schools, administrators are paid approximately twice the rate of teachers, and teach no students. The Dept of Education sucks up billions in taxpayer dollars, and educates no students.
This is why claims of govt “efficiency” are so laughable.

By: Bike Bubba

Bike Bubba — Wed, 30 Nov -0001 00:00:00 +0000

Rob, I think the article makes fairly clear that $1.22 billion is only the amount which has been paid already, and that the other $1.6 billion is going to be paid in the future–they noted that “the rest would be paid by September 30.”

So the problem there is that the government is running things on a “net 45″ basis in an industry that’s probably used to working things on “net 15,” and in the process they’re destroying the profit margins of the dealers. You can’t pay interest on your line of credit forever and still make a decent profit.

And obviously, the same thing applies in medicine. You make doctors wait an extra month for compensation, or constantly work to (as Dear leader said he would) take the profit out of medicine, and there will be repercussions.

By: Buzz

Buzz — Wed, 30 Nov -0001 00:00:00 +0000

Rob, I think the article makes fairly clear that $1.22 billion is only the amount which has been paid already, and that the other $1.6 billion is going to be paid in the future–they noted that “the rest would be paid by September 30.”

Oh no, he knows that, he cut that part out. He is not as stupid as most fat pricks. Close, but not quite.

By: Joe

Joe — Wed, 30 Nov -0001 00:00:00 +0000

Maybe only 40% of the applications have been paid so far and that’s why there’s 1.66 billion left? Maybe that’s why there’s a September 30 deadline?

By: Buzz

Buzz — Wed, 30 Nov -0001 00:00:00 +0000

Yeah, I read the article to fast.

Seriously, it didn’t dawn on you that the overhead could not possibly be that much? Maybe I give you too much credit.

By: realitybasedbob

realitybasedbob — Wed, 30 Nov -0001 00:00:00 +0000

$144.00? What’s that, about 4% of the claim?

Sounds pretty efficient to me.

By: 2Hotel9

2Hotel9 — Wed, 30 Nov -0001 00:00:00 +0000

And this is who leftards want in charge of medical services. What a bunch of fucking morons.