Fair & balanced: Fox & Friends guest-host fearmongers over euthanasia, hosts urge listeners to contact Congress
August 03, 2009 11:10 am ET
From the August 3 edition of Fox News' Fox & Friends:
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The other right-wing media mogul you should worry about
Palin's book and Obama's bow: a media week to forget
Media Matters: The Palin chronicles
To Hurt Obama and Mis-lead America is their true Intent.
There Goes Steve Doocy with his Patented "Fox Smirk"
Someday the truth will come out about Doocy and the will be the end of my Work.
Speak truth to power.
Mr. News
The only failure was that we didn't allocate enough money for it and we underestimated its effectiveness and popularity.
The purpose of the program was to inject $1 billion of sales help in order to sell 250,000 cars... they thought it would take 3 months... it took one week.
How is that mismanaged? The program was an outrageous success and the only thing we need to consider is if we want to allocate more money to the program.
To characterize this as mismanaged or a failure is ridiculous.
I'm sorry, but you're making too much sense and therefore must be ignored by the Republicans and their mouthpieces at Fox. Facts can't be allowed to get in the way of talking points.
Well, once the dealers have sold off a lot of the inventory that we've had sitting around lots for months on end, this provokes the car makers to inject more cars into the inventory, which means, they can re-start many car assembly facilities that have been shut down on and off over the past year because now, they will have new orders to fill. So this puts people back to work, and pays them for their work, which in turn, could further stimulate the economy.
Also, along with the assembly plants starting back up, this will also provide the incentive for assembly plants' vendors/suppliers to start making parts again. Again, many of these suppliers have shut down on and off for the past year, with not a lot of demand. More cars being bought = more demand = more people getting back to work = more money being paid = more money being spent in the economy if the United States.
Also, there are checks in place at the dealers where they need to ensure that the cars being traded in, are less fuel efficient than the ones that they're selling. Therefore, possibly reducing consumption of gas in the US.
Prove to me that there has been mismanagement. The only reports I have heard that some dealers are skittish about the program because there are so many proviso's that they were afraid to enter the program for fear of the $15,000 penalty if they didn't follow the program correctly.
This may have been an early argument for why this program would fail because the dealers wouldn't want to participate, but all evidence is to the contrary.
And if the dealers did commit fraud and took advantage of the program, as long as there are safeguards preventing these dealers from profiting, then I think the plan is successful.
And the fact is that we haven't spent the money yet... only approximately 21,000 car sales have been re-imbursed to dealers.. the rest is in the pipeline... so we haven't spent $1 billion yet.
Put to the folks on Fox and Friends, the program failed.
Never mind Ford's sales numbers for July
It's the same mind set of the Repubs and Dems who continued to support the F22 plane that nobody wanted and didn't work.
The same people who hear that we avoided The Great Depression 2.0 because we bailed out the banks and lowered interest rates but continue to say that we should never have bailed them out. How much more money would it have cost this nation with unemployment at 30%.
The House voted to expand this program. The Senate is politicizing it by trying to put the belief out there that this program is mismanaged and bankrupt.
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It's working... why are people trying to find reasons to call this a failure... I guess it's true... they right truly does want Obama (and this country) to fail!
if you think that they won't keep buying without the incentive - then what happens to all that excess inventory that they created due to the false demand?
additionally, who do you think should pay for the billions being handed out? the rich people?
That's 178.5 million gallons of gas saved.
Or for those financial minded, that's roughly 4.25 million barrels of oil.
At $75/barrell that's $318 million in less oil imports.
If oil prices go up to $110/barrel that would be $467.7 million.
From a stimulus perspective, if we assume that each car sold is $20,000, that's $5 billion dollars of sales. In that money is auto loans, sales tax, registration taxes, etc..
If everyone turned in their 12MPG POS and bought a 40MPG Hybrid and drove 20,000 Miles a year like I do.
They would save 875 million gallons of gas
20.8 million barrels of oil
At $145/barrel (peak price) that's $3.02 Billion
This program is going to save this country $3 Billion over the next 3 years in oil imports.... how's that for Right Wing math!
Based on that Information puppy... can you guarantee it?
For every Prius that was purchased in this program (45MPG or 27MPG improvement) would offset almost 7 minimum improvement (18MPG to 22MPG)... so how confident are you on that assertion that you can guarantee that 10MPG average is way off based? Do the math and get back to me.
So even if the majority of the cars are not 10MPG or higher, than the number of cars that this program helped purchase will be more than 250,000. Either way... the more cars with poor fuel efficiency gets traded in for better, is better for or oil independence.
the GOP will stop at nothing to protect their dollars from lobbiests and to crap on the american citizens.