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I'm referring to the additional $2 billion that the House approved to continue the Cash for Clunkers program. I hope the Senate has a little more sense. People are excited about the car dealers making more profit but don't approve of Halliburton making any profit. The original $1 billion provided incentive for people to purchase 200,000 cars. Presumably an additional $2 billion will increase sales by 400,000 cars.
Are cars now more important than food, shelter, and health care? We could have helped more people with that $2 billion is all I am saying. The original Cash for Clunkers program ended. Let it end and leave it alone.
People with mental illnesses and disabilities need assistance with housing. $2 billion will pay for 233,100 years of housing at $715/month. 16% of the homeless population is approx. 344,000 people. That money could provide housing assistance for more people with these issues.
I think that's more important than helping someone buy a new car. But that's just me.
From nationalhomelessness.org: "2. Mental Illness - Some homeless people have mental illnesses or disabilities, and as a result struggle with finding housing. According to a study by the US Conference of Mayors in 2005, approximately 16% of the homeless population suffers from a mental illness. A report put out by the National Coalition for the Homeless says that in 2006 the amount of money it cost to rent a one-bedroom apartment was $715 a month, which is 113.1% of a person on Supplemental Security Income. In 1999, in over 125 housing markets throughout the country, the cost of a one bedroom apartment was more than a person’s total monthly SSI income. In 2006, the national average rent for a studio apartment became higher than the income of a person who relies solely on SSI income. Only 9% of people not in mental hospitals or facilities receiving SSI have housing assistance.
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"In the days before volcanoes were invented, lava had to be hand carried down from the mountains and poured on the sleeping villagers.
This took a great deal of time."
----- Original Message -----
From: John Stafford Anderson <[log in to unmask]>
Date: Friday, July 31, 2009 3:06 pm
Subject: Re: Cash for Clunkers
To: [log in to unmask]
> ********************************************************
>
> VISIT AFRICAN ASSOCIATION OF MADISON WEBSITE
>
> http://www.africanassociation.org
>
> FOR LATEST INFORMATION ON AFRICA FEST 2009,
>
> MEMBERSHIP, COMMUNITY CALENDAR AND MUCH MORE....
>
> ********************************************************
>
> You so readily mix apples with oranges, and make such unbalanced
> comparisons that I think you do them just to fan flames. We don't
> even know what Haliburton bills the government! The contact cannot be
> audited. Cheney's options went up over 8000%. What are you talking
> about profit, and how do you compare Haliburton to the Chrysler shop
> down the street?
>
> John
>
>
> On Jul 31, 2009, at 2:50 PM, VERA R CROWELL wrote:
>
> >********************************************************
> >
> > VISIT AFRICAN ASSOCIATION OF MADISON WEBSITE
> >
> > http://www.africanassociation.org
> >
> > FOR LATEST INFORMATION ON AFRICA FEST 2009,
> >
> > MEMBERSHIP, COMMUNITY CALENDAR AND MUCH MORE....
> >
> >********************************************************
> >
> >John,
> >
> >I understand economics very well. From the article: "One of the
> Clunker program's main champions in Congress, Sen. Debbie Stabenow,
> D-Mich., said the incentive has provided an important boost to the
> economy and resulted in 200,000 car sales.
> >
> >"I am delighted to hear dealers say that all of their salespeople are
> busy and they are selling more cars in a day than they had been
> selling in a month," Stabenow said.
> >
> >Cash for Clunkers, which Congress passed in June, was set to end on
> Nov. 1 or whenever its $1 billion budget was depleted."
> >
> >
> >The original program resulted in 200,000 car sales. The program was
> set to end on Nov. 1 or when the $1 billion was gone. The billion is
> gone, the program is done. It doesn't need an additional $2 billion.
> Those who missed it, missed it. Too bad.
> >
> >The country has better, more critical things to do with its money
> than to help people buy new SUVs (which is what they're doing, or
> didn't you realize that?).
> >
> >Question for you...car dealer profit is good, MNE profit is bad...is
> that correct?
> >
> >******************************
> >"In the days before volcanoes were invented, lava had to be hand
> carried down from the mountains and poured on the sleeping villagers.
> >This took a great deal of time."
> >
> >----- Original Message -----
> >From: Jonathan Gramling <[log in to unmask]>
> >Date: Friday, July 31, 2009 2:22 pm
> >Subject: Re: Cash for Clunkers
> >To: [log in to unmask]
> >
> >
> >>********************************************************
> >>
> >> VISIT AFRICAN ASSOCIATION OF MADISON WEBSITE
> >>
> >> http://www.africanassociation.org
> >>
> >> FOR LATEST INFORMATION ON AFRICA FEST 2009,
> >>
> >> MEMBERSHIP, COMMUNITY CALENDAR AND MUCH MORE....
> >>
> >>********************************************************
> >>
> >>If you understood economics and had been paying attention to what is
> going
> >>on with the auto industry and consumer spending, you wouldn't even ask
> >>the
> >>question.
> >>
> >>-----Original Message-----
> >>From: African Association of Madison [mailto:[log in to unmask]]
> On
> >>Behalf Of VERA R CROWELL
> >>Sent: Friday, July 31, 2009 2:12 PM
> >>To: [log in to unmask]
> >>Subject: Cash for Clunkers
> >>
> >>********************************************************
> >>
> >> VISIT AFRICAN ASSOCIATION OF MADISON WEBSITE
> >>
> >> http://www.africanassociation.org
> >>
> >> FOR LATEST INFORMATION ON AFRICA FEST 2009,
> >>
> >> MEMBERSHIP, COMMUNITY CALENDAR AND MUCH MORE....
> >>
> >>********************************************************
> >>
> >>Okay. There are people losing their homes, health insurance, and jobs.
> >>The
> >>best thing the President could find to do with $2 billion dollars is
> >>to buy
> >>old cars????
> >>
> >>
> >>**************************
> >>House OKs $2 billion more for Clunker program
> >>House passes bill to add $2 billion for Cash for Clunkers program.
> >>
> >>http://money.cnn.com/2009/07/31/autos/cash_for_clunkers_update/index.htm
> >>
> >>
> >>NEW YORK (CNNMoney.com) -- The House on Friday passed a bill to allocate
> >>another $2 billion to the Cash for Clunkers program.
> >>
> >>The move came after reports on Thursday had raised concerns that the
> program
> >>was out of money.
> >>
> >>The bill which diverts $2 billion from a U.S. Department of Energy program
> >>loan guarantee program, passed 316-109. The bill will face tough opposition
> >>in the Senate, which is expected to take up the issue next week.
> >>
> >>******************************
> >>"In the days before volcanoes were invented, lava had to be hand carried
> >>down from the mountains and poured on the sleeping villagers.
> >>This took a great deal of time."
> >>
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