Comments on: Cash For Clunkers = Personal Finance BOMB!

By: Is There a Shadow Government In America? | Financial Samurai

Is There a Shadow Government In America? | Financial Samurai — Wed, 02 Sep 2009 15:32:14 +0000

[...] there, I’m beginning to wonder whether there is a shadow government running America. The “Cash for Clunkers” program will cost the US tax payer $3 billion to graciously put 700,000 people who drive beaters [...]

By: Top 10 Cheapest Cars To Own By Edmunds’ | Financial Samurai

Top 10 Cheapest Cars To Own By Edmunds’ | Financial Samurai — Tue, 25 Aug 2009 14:22:07 +0000

[...] Meanwhile, our genius government is providing a one-time “shot in the arm” (”Cash for Clunkers = Personal Finance BOMB!“) to the economy by temporarily boosting auto sales while putting hundreds of thousands of [...]

By: Anonymous

Anonymous — Sat, 08 Aug 2009 18:23:20 +0000

I'm excited to live in Socialist America! It makes me want to slack and chill out. Let the government tax the rich, so they can support me and my lifestyle

SocialistRenter

By: Financial Samurai

Financial Samurai — Thu, 06 Aug 2009 04:38:07 +0000

Hey KC! Good to hear from you here. Welcome to my site. Are they still going the Proton Saga route in Malaysia? Or have they developed a new national car of their ow? I can't believe taxes are so high and cars are so expensive where you live.

RB
Sam

By: KCLau

KCLau — Thu, 06 Aug 2009 04:22:01 +0000

There is a similar scheme in my country, Malaysia.
But it is only applicable if we get the national car (home made)

By: Anonymous

Anonymous — Thu, 06 Aug 2009 01:53:34 +0000

agree that debt is bad for everyone and it's ridiculous how much debt our government is in, past the point of no return. charlie

By: RB @ RichBy30RetireBy40

RB @ RichBy30RetireBy40 — Thu, 06 Aug 2009 01:52:34 +0000

Bizzaro world, I like it! I think it's apparent that the no state income states are going to gain a tremendous influx of people over the next 10-20 years. If you make $500,000/yr, saving $50,000 in state taxes becomes a very pretty proposition! Washington and Nevada aren't that bad to live in at all!

I'm amazed the government is going to saddle thousands more people with debt. You know the majority of people aren't putting down $25,000 cash for the average car when the median US income is around $50,000. To spend half of your income on your car is aggressive.

At any rate, let's hope the economy and the stock markets keep marching higher!

Best,

RB
RB30RB40

By: Gen Y Investor

Gen Y Investor — Wed, 05 Aug 2009 22:06:58 +0000

This is the government at it's worst. Let's think about this... our whole economy is suffering b/c individuals, homeowners, banks have too much debt.

Now we have a government program where the government is borrowing money it doesn't have to give to people driving clunkers so they can purchase new cars that they can't afford using debt.

I feel like I'm living in bizzaro world

By: Resort At Squaw Creek

Resort At Squaw Creek — Wed, 05 Aug 2009 06:52:23 +0000

You can sure count on the politicians to spend our money. Saving, is a different story. I agree, this is another failed big government policy paid for by your tax dollars. Next up with be "Cash for Dinosaur Computers", "Cash for Fast Food Eaters" and so forth! Taxes are going to go up for all, and not just the "rich" who make over $200,000! RSC