So...the government dreams up a program where the private sector business owners loan money to the buying public
...interest free and then have to hold their hand on their A**n waiting to get paid. One of the dealership groups in upstate NY is waitng for $8,000,000 from the Obama check book
The car business in the US will suffer this fall as a result of the "pull ahead" of car buyers. What happens when when some of these clunker traders can't make the payments on the new "gas savers" they bought...do we bail them out too.??
This was a bad program and it will have negative impacts for the car industry over the next 6-12 months.
wilma
