Car Allowance Rebate System

They don't like statins.

Cash for clunkers.

They're going to come back with that again.

They're going to make older vehicles illegal is what's going to happen.

You better get ready for it.

Cause they're going to do away with it.

Here comes cash for clunkers.

They're going to do it again.

The price will go up because more money will be chasing limited supply.

only way to solve the housing problem is by the increase of supply that's it end of discussion and this portland this stupid oregon program is going to do the same thing cash for clunkers did college student loan guarantees did and all the housing programs do now

Yeah.

So when I think about this, again, it will increase demand almost overnight.

Demand is instant or nearly instant.

That's why they do it.

If you want to look at another program like this, Cash for Clunkers, the Obama program.

I don't remember that one.

That's when you can buy them cheap.

Well, there, there was also, I don't know if you guys remember, but in oh eight, there was a government program called cash for clunkers and they would give you seven grand for towards a new vehicle for if you had a gas-guzzling car, essentially.

Oh,

boy.

How many of them went to the crusher? Yeah.

Did you guys

ever see that video of the, there's a video on YouTube when the cash for clunkers and I believe it's a GT and they, they redline the shit out of it till the engine locked up for the cash for clunkers.

Did you ever see that?

It was in 2008 and 2009.

And I'm talking about the CARS program, which was labeled more succinctly Cash for Clunkers.

And I know that a lot of you, some of you anyway, are a little younger than I am.

At least I hope so.

And, uh, if it was good or not.

Here's what it was.

2009, it's called Car Allowance Rebate System, CARS, or as it says here, popularly known as Cash for Clunkers.

I can remember working at a car dealer while this was going on, and kind of, you know, not loosely keeping track of what's going on.

For years, he served as one of the lead automotive reporters for the Fox Sports Automotive Team, and he became a regular expert contributor on Fox News Channel, working the floor at all the major auto shows from Los Angeles and Detroit to Chicago and New York.

Over the course of his career, he has covered many of the industry's biggest breaking stories, including the Takata airbag recalls, cash for clunkers, and the automotive bailout.

His reporting has never been confined to four wheels.

Mike is considered an expert contributor on all forms of mainstream transportation, covering automotive, motorcycle, marine, and recreational vehicles, and his work spans everything from general news to industry politics.

... because it's so cheap to buy new ones.

You know, under Obama, after Clash for, after Cash for Clunkers and all these things, where we-- he was really trying to get some traction for electric cars, where we had lease deals on Nissan Leafs for 100, 150 bucks a month.

Everybody bought them.

They sold a million of these things, and they had, like, 80 miles of electric range.

me ask you a question.

So we've played two Patsys, Cash for Clunkers, whatever you want to call these games.

We're still trying to figure out.

We think we know Georgia's pretty loaded at this point, right, what we've watched the past two weeks.