Video: Ron Paul – “Cash For Clunkers Hurts the Poor”

I can see how one might take that nice piece of journalism and take it for fact. Want the truth go read the NADA, AIDA, or the NHTSA reports regarding the millions being made by the very same junk yard owners. There is a reason they signed on happily to pay only $200 for each of these clunkers.

 

just post it for me proving whats really happening.


You work in the car bidness?

 

Unfortunately I can't, work computers are blocked, I post from my phone. No, not in the car bidness, I just happen to have had the research done and have been reading the reports.

 

heres some actual research you may have missed:

Cash for Clunkers, dead baby pigs and 'success'

 

nope, am well aware that the engines and transmissions have to rendered unservicable. That does not account for the parts such as radios, tires, seat fabrics, tire tools, the crushed metal, etc that they are selling and making great profits off of. You gotta think there is some 250000, to date total vehicles that are flooding these junk yards.

 

the cars are then required to be melted down afterwards so selling them for scrap metal is their only use once they destroy the engines.

its already been pointed out the parts have to be bought beforehand in order to save them which is a very small percentage.

this screws all the parts guys.

salvage yards make money by having working parts within these engines. not a seized engine around a melted down frame.

 

That is a strong point, but think these cars are running before they are destroyed. They wouldn't be getting the engines or any other parts or the metal if these cars weren't being traded in and destroyed. BTW the get much of their functioning engine parts from car dealerships and repair shops. Then they rebuild them and sell them back or to the public.

 

of course they wouldnt be getting them right now. but in a year or two thats 250,000 cars no longer available to them for parts. thats the entire point.

very few engines get rebuilt compared to those used for parts. the impact would be minimal at best.

this directly hurts the poor man it was proposed to help. clearly wasnt the intent.

why your research is leading you to believe this is helping them is beyond me. its doing the exact opposite.

radios and tires arent really what used cars are valued for.

 

You are correct in that a yr or so on down the road they won't have these cars to see parts for, but they are hitting the cash cow now. I'm surprised someone as intelligent as you can't see this. Also there are many more parts that can be removed, the wiring, brake housing, rotors, shocks, and the list goes on.

 

no no no man. the majority of these parts will never see the light of day. they are being destroyed with the cars minus lets say, 5-10%.

w/o govt interference, 1 or 2 years down the road, 100% of the parts would be available as well as the engines. these engines cannot be rebuilt. they are destroyed. its mandated.

thats 250,000 engines and millions of parts out of circulation forever. there is no regaining that.

the money going towards cars or parts now is simply moving a future purchase forward while allocating the revenue to the wrong place.

this is 2 billion dolllars in straight cash homey that you and your kids will have to pay for in the future. its not magic and its not free.

it helps nothing in the grand scheme while in fact, hurting other industries the same monies would have gone.