My point was only that this is a classic example of what happens when the government tries to fix things. So what if some of the dealerships were quick to buy into the program. There’s nothing wrong with that. And, it would seem that that is exactly what the program’s proponents intended it to do. Incite an artificial demand-driven increase for business. Similar to the government’s motivations behind the mortgage lending industry tinkering that contributed to the implosion that occurred. But the bigger point is that there are plenty of American citizens that will also be quick to buy into these other proposed programs, just as their promoters intend as well. Problem is, by the time those that are tempted realize that there is a hook in the bait, the trap has been sprung and the government has created a new group of dependents. The shiny promise is the stimulation of business. The results are frozen funds, stagnated business and billions of citizens’ dollars invested. History shows that the economy works best when those that don’t generate any of it stay out of its way. When you stop and think about it, we probably won’t even begin to pay China back for that program for several decades. Although, we will be paying them plenty of interest.

By the way, ToxicNut, some republicans did have a plan (namely Mitt Romney). And you’re right, it was BK. Precisely what this administration ultimately supported and got right in the middle of. However, Mitt Romney was ridiculed and attacked at the time for suggesting such a heartless thing. Vastly under reported, the crucial difference between the democrat and republican plans for BK could be summed up primarily in the timing. Republicans wanted it to occur BEFORE we the citizens bought a majority stake; whereas the democrat plan held off until billions were invested and majority ownership was acquired while simultaneously causing all sorts of abnormal imbalances in the business world.

Leftwingagenda, although I’ve noticed our auto news related opinions frequently concur, I perceive we couldn’t be farther apart on our political views. However, I just don’t have the strength at this time of night to address each issue in the last sentence of your post above. I’d love to another time.

Unbelievable support on this site for the c0cl< sucker dealers.

i think a lot of the bellyaching done here is quite unrealistic…but hey, if you want another government that starts trillion dollar unnecessary wars, erodes your privacy, and sucks the collective cack of the oil services industry, go right ahead…

Is it 6.3% of all claim forms filled out and sent in by dealers?

or is it 6.3% of the claim forms that the staff has actually gotten around to processing?

Not making excuses for our government but just tired of folks using misinformation to make their point.

So anyone who says they are not getting stiffed by Uncle Sambama is kidding themselves.

Yes, both side of the isle have screwy people on board but it’s this current democrat-run congress and administration that want to change America, starting with the implementation of government managed health care. I can’t believe people are trying to blame this problem on the dealerships. The huge gorilla in the room that is being missed is the 88% of participants that haven’t been paid and now find themselves looking to the government to provide for their need because they trusted in a glitzy, shiny government offer for help. Can this be spelled out any clearer? This is a prime example of government run programs – at a time when this administration is doing its best to look capable. The democrats also tried to ‘manage’ the mortgage industry to infuse some artificial fairness. We are suffering through the results. I certainly don’t need any more examples of failure.

I guess it would be like doing a hooker with an STD- you get screwed twice on the same deal.

What a flipping joke…

Anyways, this is ridiculous. Only 5.7% of claims paid? They should have known this was coming, after other somewhat similar programs in Europe and the return on those. They originally hired what, 50 staff members? Did they expect only a few hundred claims?