- Apr 15, 2007
- 9,280
- 0
- 0
http://www.keloland.com/NewsDetail6162.cfm?Id=89419
Lets see
(1000-272)*4500 = $3,276,000
That's a pretty big chunk of change to float. Show me a business that can float that kind of money and continue to operate.
Show Me The Money!
- Thread starter Patranus
- Start date
Lets see
(1000-272)*4500 = $3,276,000
That's a pretty big chunk of change to float. Show me a business that can float that kind of money and continue to operate.
On one hand, I'm so sick of hearing dealers complain about not getting their money in a timely fashion, after all the sales this program produced for them.
On the other hand, I'm so fucking pissed off my tax dollars went to help people buy new cars.
Eh, what can ya do?
On the other hand, I'm so fucking pissed off my tax dollars went to help people buy new cars.
Eh, what can ya do?
I know the feeling. I'm still pissed my tax dollars went to pay CEO bonuses, pay farmers not to grow shit, pay owners of oil wells not to pump shit, pay salaries to politicians who're richer than god, pay health insurance for politicians who're richer than god, pay the police to protect stupid motherfuckers who show up at political rallies with guns. I could go on all day.
CADsortaGUY
Lifer
And people think the gov't could run our healthcare system.... it'd be doctors in this article instead of dealers... no ... thank... you...
Yea to bad they already do in Medicare. Which runs better then private insurance.
But hey don;t let little things like facts get in the way of your daily right-wing BS.
Engineer
Elite Member
- Oct 9, 1999
- 39,230
- 701
- 126
LOL, as I sit here and look at my private insurance website that hasn't paid the surgery center for the surgery that I had....21 weeks ago. All they say is the ole Suze Orman saying..."Denied...Denied...Denied".
By the way, has anyone here looked at typical payment terms in the private world? Many times, it's net 60 (days) and often gets paid at a much slower rate (sometimes even net 120 days regardless what the terms are stated to be). I'm not sure how all these business make it with such lousy terms!
CADsortaGUY
Lifer
Don't be pissed off that yournation's economy and environemtn are doing better because of this well-leveraged program.
It wasn't like the money was handed to them for nothing - they spent a lot more of their own money to get a more fuel-efficient car.
And as pointed out above, a late payment from medicare is better then no payment at all from private insurance.
That and insurance compnaies were so bad at paying their bills on time that soem states have had to pass laws forcing insurance companies to pay.
State law to make insurance companies pay their bills
Let alone only about 80% of every dollar given to private insurance mkes it to the medical field yet nearly 95% of every dollar from medicare makes it to the medical field.
So Gov health care is 15% better then private insurance.
Again don't let those peskty facts get in the way of your daily right-wing talking points. :laugh:
CFC isn't the only hand-out program with bureaucratic issues...
Homeowners frustrated by mortgage assistance program
It's not that these ideas themselves suck, sometimes it's simply the Government's half-assed attempts to implement them.
Homeowners frustrated by mortgage assistance program
It's not that these ideas themselves suck, sometimes it's simply the Government's half-assed attempts to implement them.
Did you even read what you posted? It talks about how BANKS are not following the rules and turning people down when they should be let into the program. Let alone the BANKS dropping the ball.
"The most common complaint from those applying for help: banks losing paperwork or dropping calls while the foreclosure clock is ticking."
and
"Since receiving his Making Home Affordable offer, he's spent hours trying to reach someone at his bank who can help. A number of representatives told him that this is his only offer; accept it or lose his house.
After insisting on speaking to a supervisor, he was eventually told to resubmit the documentation he'd been submitting for months."
But yea its all the Fed Gov fault. :roll:
and if you did read the full article its the Fed Gov that is making banks step up and the Fed Gov that is fixing the issues...
"An official with the Treasury Department said that "in all identified instances where loans have been denied to eligible borrowers, the administration has worked with servicers to correct the problem and provide modifications.""
Maybe, in your haste to defend All-Things-Gov, you missed the part wherein the banks have said that the Gov failed to produce the guidelines/standards for 90 days AFTER the program went live.
So, in reality, the truth for where the problems originate probably lies somewhere in the middle -- just as it does with CFC.
My point was not that these programs are a bad idea, it's that these programs are being poorly planned, implemented, and managed by every party involved, in every step of the process.
Take from that what you will...
IndyColtsFan
Lifer
- Sep 22, 2007
- 33,655
- 687
- 126
Had the Republicans thought of this plan, it would've been called a "government handout to the greedy corporations" by the resident lefties.
Engineer
Elite Member
- Oct 9, 1999
- 39,230
- 701
- 126
(c) 2003- G.W. BushCo Inc. Don't forget that shit from now on, damnit!
Like I said earlier, it would have went no better on payment in the private sector. I see it every day. It was also clarified on CNBC earlier today that the fine print states that payment within 10 days of "finalized and processed" paperwork, which has not happened yet. After that (and the net 30 to net 120 that the private sector gets away with every day), start bitching then!
CADsortaGUY
Lifer
Pssttt - the private sector does it all the time for dealers - you know... manufacturer's rebates. Yeah, the dealer is on the hook until they credit them.
Fine - they made a law to make sure some who were paying late - pay on time. So is the gov't going to make a law that makes them pay on time? :laugh: You socialist twits are hilarious but it really just saddens me that so many of you put so much blind faith in the gov't.
Lets see...
1. lack of any thing to back up your claims
2. Lack of anything to show my claims are false
3. calling names, esp socialist
yep just another right wing troll that can;t be bothered by facts. :laugh:
Is the government going to pay interest on these loans the dealers are giving them once it is past the 10 days?
Jesus christ what a clusterf*ck. Way to burn business, BHO! :thumbsup:
Jesus christ what a clusterf*ck. Way to burn business, BHO! :thumbsup:
CADsortaGUY
Lifer
1. I did - you seem to ignore the facts. typical
2. Uhhh... I posted 2 links showing that docs weren't getting paid by medicare.
3. spades are spades... sorry you can't handle the truth.
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