How Fast Can You Do It?

It never ceases to amaze me how the feds can run through $4,000,000,000.00 so quickly, about six days really. That's four billion dollars I wrote there. Now I hear they are adding two more billion to that figure. Maybe that will last another two days. How fast could you spend $4,000,000,000? I would bet it would take an ordinary person a lifetime to spend that amount of money because how many villas could you buy and actually live in and enjoy? I don't know, three maybe, four, tops. Who would want to run around the world moving personal affects every three months? Still, it would take a very long time to spend that amount of money, but our government has no problem with it, and can run through it in six days!!!! Six Days!!! On Cash for Clunkers!! Brilliant. NOT!!!!

I wonder how many SUV's were in the mix in these trades? And I wonder how many people can actually afford the payments on these newer more energy efficient cars? Who knows, there may be more cars on the market in six months, or less, I've never had a car repoe'd before so I don't know which is correct if you don't make your payment.

So, how fast can you spend $4,000,000,000? (That's FOUR BILLION DOLLARS in case you weren't paying attention.)

Comments: 8

adamsmommy l. Jul 31, 2009, 11:34am EDT

4 billion dollars! wow, but I like the chance to see how long it takes!!! LOL!!!

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Christopher B. Jul 31, 2009, 2:31pm EDT

Where did you get the 4 billion figure? Every report I have seen says it that it was initially a 1 billion dollar fund and congress just added 2 billion to it.

Barbara B. Jul 31, 2009, 4:57pm EDT

The original proposal was four billion and they have added two billion to the one billion already spent because there are cars that have been purchased with contracts on them since the first of July. Yes, four billion is what will be spent in total and in anybody's checking account, that's a lot of bucks!!!

The person who presented the bill was talking on the news and she said that she first wanted four billion and it may take that to extend the program for the time that they promised it. It's just another reason we don't want the government regulating our healthcare in my opinion. We just returned this afternoon from a gathering of folks in our area who are working hard to make this next election one we can be proud of and vote in folks who understand the original principles this nation was founded on and will work to get us back to those principles.

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It's Not Me w. Jul 31, 2009, 2:47pm EDT

I had a toyota salesman tell me that the Cash for Clunkers will be reinstated tomorrow. I don't he may just be trying to get me to his dealership.

Barbara B. Jul 31, 2009, 4:59pm EDT

I have also heard on the radio that dealerships are making people sign into their contracts with them, that if they being the dealership, do not get reimbursed by the government, the buyer will bring the car back and the deal is cancelled. What a mess. I'm not getting a car at this time. I don't know of anyone in our family who would either.

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Christie Frenchie Aug 1, 2009, 8:07am EDT

This deal is a fiasco!!! Follow the money--payback time to the auto unions. Points with the environmentalists, true.
What bothers me is that this is "well fare" for people who can afford those new car payments. Our tax dollars are going to people who do not need welfare (after all, they bought big, gas guzzlers) and who pays for the national debt--Your CHILDREN AND GRAND CHILDREN.

Barbara B. Aug 1, 2009, 10:54am EDT

You are right Christie, and probably some people who really can't afford a new car right bought into the deal and there will be some cars reposessed by the financiers holding the notes. It's going to be the same thing as the housing fiasco. And, who will that hurt? The banks, the loan companies, and we will have to bail out more, even increasing the debt our kids and grandkids will have on their backs. This administration is great at creating "crises" so they have to come in a take over and in so doing are taking over our lives. We are living under tyranny and people are not even noticing.

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Lee P. Aug 5, 2009, 8:45pm EDT

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How Fast Can You Do It?

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