Friday, July 31, 2009

Dollars for Clunkers

UPDATE BELOW

On the TV this evening, Mr Beck was discussing the Fed's $$ for clunkers program.

He noted that on the website associated with this program, there is listed there a "contract" that in effect says that if you use that site, the Government takes ownership of your computer and all data on it, and has the right to access and "listen-in" on all of your communications, e-mails etc. A lawyer guest on the program concurred with him and said that the contract is legal, binding, and irreversible.

DO NOT, repeat NOT, use that webpage auto.gov . For obvious reasons, I have not looked at the site and have absolutely no intention of doing so.

Updated info here. I find it fascinating that once again it takes private enterprise to try and correct what the government program screwed up, and in the process makes a profit AND helps the consumer!!

4 comments:

Clark Richters said...

Does a auto dealer still benefit from the "cash for clunkers" program? IF you don't GET approved.

doc said...

My understanding is that the deal must be approved for any $$ to change hands. Last I heard, many dealers had the approval, but when they submit the paperwork, they wait and wait and wait for the gov't to reimburse them. Until they get reimbursed, the cash is out of their pockets. Additionally, the program is basically eliminating the cheap used-car market as well as the used parts market, since by law all "clunkers" turned in must be destroyed (crushed) and the drivetrain and engine destroyed within 48 hrs. And the resulting scrap steel......going to China!!!
Ain't the government wonderful!!!

Anonymous said...

Unbelievable. The Gov't now owns banks, car manufacturers, businesses "too big to fail", and now taxpayer money is helping people buy cars.

Welcome to the United Socialist States of America.

Anonymous said...

I wonder if we can turn in politicans???? Can't think of bigger clunkers than them.

I should log on to the site just to make sure I keep my name at the top of the government lists.

See ya all in the FEMA Camps.