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Ron Paul on Cash For Clunkers!

Old 08-11-2009, 11:28 AM
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Ron Paul on Cash For Clunkers!



This is the truth! He says everything written here in his video. This guy speaks SENSE and in addition speaks about how the government always creates the BOOM + BUST economies, this has to stop!

The Cash for Clunkers program has received a lot of attention this week on Capitol Hill and across the country. The program offers a voucher of up to $4500 in federal funds to anyone who trades in a working used car for a new one with better fuel economy. Congress was shocked at how quickly people responded to promises of free money and drained the program, while car dealers have been equally shocked at how slow and arduous the governments website to claim the rebates has been.

Its not a shock that people respond to incentives. The program has been deemed a resounding success, and Congress has authorized 2 billion more taxpayer dollars for it. But not everyone is happy about this. Low-income earners who would have been in the market for those perfectly serviceable, working cars will have fewer to choose from, and those cars will probably be more expensive than they normally would have been. Automotive repair shops actively lobbied against this program, as it will destroy many of the cars they would have repaired. They were out-lobbied. And of course, Americans as a whole are hurt, because this additional bailout of auto companies comes at our expense through inflation.

I have introduced a somewhat similar bill that would have provided a much better alternative to Cash for Clunkers because it does not rely on increased government bureaucracy or spending. My bill HR 1768 provides tax credits to people trading in used cars for new cars with better fuel economy. There is a big difference, in my mind, between letting people keep their own money versus giving them someone elses. It is clear which one a free and fair society would choose. Not only that, but my bill would not have required working, serviceable cars to be destroyed for scrap metal.

Cash for Clunkers is a popular program right now, but in the larger scheme of things it does very little towards accomplishing its stated goals. Requiring cars to be destroyed and new ones made to replace them might help the auto industry in the short run, but any improved fuel economy will not make up for the environmental impact of junking one car and making a new one. So this is not a program that should really make environmentalists happy.

There is also much evidence that the boost in demand for autos, that has made dealers happy, is just borrowed demand from the past and the future. In other words, many have put off purchases they would have made anyway because they were waiting to see what the government would do. Others who would have waited a little longer to trade in a vehicle are accelerating their decisions so they can get in before the money runs out. So I would not be surprised to find that this artificial boom in auto sales is followed by an extended drop. This should serve as a very tangible example of how government meddling in the economy creates booms and busts. While everyone loves the booms, the busts are what creates the crises that government thrives on, and that is what we really need to watch out for!
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Old 08-11-2009, 11:36 AM
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Ok seriously. We need Ron Paul.
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Old 08-11-2009, 11:39 AM
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I'm not for Obama but Ron is a joke, the guy has been running for like 30 years and still has not got %5 of votes lol
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Old 08-11-2009, 11:42 AM
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Originally Posted by 04caliwrx View Post
I'm not for Obama but Ron is a joke, the guy has been running for like 30 years and still has not got %5 of votes lol
I guarantee you that changes on the next election. Most of the college people are aware now that something is wrong and something is going on in the background. Ron Paul has been covered up for years because the media has been able to sway and conform many people. With the internet and it's freedom, more people are seeing that Ron Paul stands for the constitution and that something is wrong with our government.

When Ron Paul says he wants to audit the fed, people are listening more now than ever. Lotsa of senators are running currently against the administration for seats, as now is the time the popularity of it is picking up.

Rand Paul, Peter Schiff, (forgot the dude from New Mexico) but it's starting to gain wind.

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Old 08-11-2009, 11:44 AM
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I really don't think it will, next will be a woman.
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Old 08-11-2009, 12:44 PM
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Originally Posted by 04caliwrx View Post
I'm not for Obama but Ron is a joke, the guy has been running for like 30 years and still has not got %5 of votes lol
So...because a person doesn't get a majority of votes they are a joke - therefore the person who got the majority is..what? We are all keenly aware that just because the person won the election - doesn't mean they were the BEST person for the job.

Also - how much do the Dems/Repubs spend on advertisements and campaigning? And how much did Ron spend? Fractions of the former.

But he has QUICKLY gotten the attention of younger Americans and utilizing the internet (since he actually is pretty damn cutting edge for an older guy) and it's ability to spread the word almost for free - is quickly gaining ground.

Ron Paul is our best chance to break the Republican/Democrat streak in our government...for now.
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Old 08-11-2009, 01:13 PM
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Originally Posted by R-Dub View Post
So...because a person doesn't get a majority of votes they are a joke - therefore the person who got the majority is..what? We are all keenly aware that just because the person won the election - doesn't mean they were the BEST person for the job.

Also - how much do the Dems/Repubs spend on advertisements and campaigning? And how much did Ron spend? Fractions of the former.

But he has QUICKLY gotten the attention of younger Americans and utilizing the internet (since he actually is pretty damn cutting edge for an older guy) and it's ability to spread the word almost for free - is quickly gaining ground.

Ron Paul is our best chance to break the Republican/Democrat streak in our government...for now.
He has a cult following, he's definitely not in the eyes of the majority. He doesn't have a chance if he chose to run next election.
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Old 08-11-2009, 02:27 PM
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Originally Posted by R-Dub View Post
Ron Paul is our best chance to break the Republican/Democrat streak in our government...for now.
Don't forget Rand Paul, Peter Schiff and Kucinich.
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Old 08-11-2009, 02:37 PM
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Originally Posted by saqwarrior View Post
Don't forget Rand Paul, Peter Schiff and Kucinich.

Perhaps they could all culminate their influence to work together...
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Old 08-11-2009, 02:58 PM
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They all have very similar ideals. Less government, more free market.
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Old 08-11-2009, 04:08 PM
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Originally Posted by saqwarrior View Post
Don't forget Rand Paul, Peter Schiff and Kucinich.
Originally Posted by R-Dub View Post
Perhaps they could all culminate their influence to work together...
... or come together to form one giant third party voltron, to eliminate the evils of the two party system.

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Old 08-12-2009, 10:13 AM
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^win!!!
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Old 08-14-2009, 02:45 AM
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Old 08-14-2009, 07:30 AM
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The biggest issue is that the President is not the one making the call. Its the guys behind the scenes that do it all and use the Prez as a puppet
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Old 08-14-2009, 08:25 AM
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Originally Posted by VRT Gump View Post
The biggest issue is that the President is not the one making the call. Its the guys behind the scenes that do it all and use the Prez as a puppet

You mean The Jews?
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