

| Subject: | Re: economic woes and such .. |
| From: | Chris S |
| Date: | Fri, 17 Apr 2009 18:39:10 -0400 |
Ok, now all I have to do is decide what vanilla GM or Chrysler product I'd rather drive than my 2001 VW Beetle TDI on a daily basis. Mmmmm... I'm drawing a blank. Somebody help me out. It has to average 45 MPG during my commute, come with a manual transmission, and be fun to drive. But I can see how this would work for others! :-) On 4/17/09, joel walker <uncajoel@bellsouth.net> wrote: > all this credit card talk got me to thinking about all this economic > stimulus stuff. > > and an idea popped into my head. (hey, it happens!). > > suppose, just suppose, that instead of giving money to the car > companies, the government just reimbursed them as they GAVE their > inventory away. > > An Alternate Ecomonic Bailout Stimulus Package Deal :) > (bailout to me has always been what you do with a parachute when the > plane is on fire or the wings are falling off. stimulus? well, the > less said, the better). > > tell me what you think ... > > 1. GM and Chrysler would GIVE away their inventory of cars to > customers. > > 2. the government would pay wholesale prices to these companies. > no paperwork fees or any other sorts of fees would be allowed > at the dealer. > > 3. the customer/recipient would be responsible for all local and > state > taxes, as well as insurance and licensing costs. > > 4. the customer must agree to keep the car for a minimum of three (3) > years. > it cannot be sold prior to that time. > it may, however, be traded on another new car during the three > years. > > the idea is, this would reduce the ailing car companies inventories > of unsold cars. > and could be used in place of some of the 'bailout' money. > > it would help the economy in the following ways: > a. less gas should be consumed by newer more efficient cars. > (in theory anyway) > > b. less greenhouse emissions should be produced by the newer cars. > (again, in theory) > > c. auto dealers would reap benefits from their service departments > when these cars need oil changes and other maintenance. > > d. the customers would have more money to spend on other local > economy > purchases since they are not making car payments. > > e. it might even cause the companies to recall laid-off workers to > build > more cars for the program, thus giving some relief to the > workers and to the suppliers to the companies assembly lines. > > f. it would increase the volume of business for auto insurance > companies > since it is likely that a lot of people who cannot afford an > auto now would get one under this program. so money needed to bail > out > insurance companies would be less. maybe. > > however, some issues might cause problems: > > i. if the customer already has a car, even an old clunker, > what do we do in that situation? > should they be forced to trade it in? or give it to the dealer? > if so, should certain aged cars be scrapped? > or should the cars be resold? this might cause a problem with the > used car dealers becoming overstocked very quickly. > and with free new cars available, who would want a used car? > > > anybody got any additional suggestions? other than scrapping the whole > idea. ;) > > unca joel > -- Sent from my mobile device Chris S. Disclaimer: "Death and serious injury may occur"
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