Once again, if you can't run a $3 billion dollar...

[Yonivore]

...Cash for Clunkers program, how in the hell are you going to manage a $2 trillion dollar health care program?

NY dealers pull out of clunkers programhttp://www.breitbart.com/print.php?id=D9A63RC81&show_article=1


Hundreds of auto dealers in the New York area have withdrawn from the government's Cash for Clunkers program, citing delays in getting reimbursed by the government, a dealership group said Wednesday.

The Greater New York Automobile Dealers Association, which represents dealerships in the New York metro area, said about half its 425 members have left the program because they cannot afford to offer more rebates. They're also worried about getting repaid.

"(The government) needs to move the system forward and they need to start paying these dealers," said Mark Schienberg, the group's president. "This is a cash-dependent business."

The program offers up to $4,500 to shoppers who trade in vehicles getting 18 mpg or less for a more fuel-efficient car or truck. Dealers pay the rebates out of pocket, then must wait to be reimbursed by the government. But administrative snags and heavy paperwork have created a backlog of unpaid claims.

[Yonivore]

Obama admin. to end cash for clunkers on Monday (http://www.breitbart.com/article.php?id=D9A6RBR00&show_article=1)

So, I wonder if they'll wait until after Obamacare has ruined our health care system and bankrupted the insurance companies before they decide they can't do that either and pull the plug.

[Wild Cobra]

I've already heard of dealers in fear of going under because they have sold so many cars under the program that they haven't been reimbursed for yet.

Wasn't this suppose to help the economy and not kill businesses?

[George Gervin's Afro]

I've already heard of dealers in fear of going under because they have sold so many cars under the program that they haven't been reimbursed for yet.

Wasn't this suppose to help the economy and not kill businesses?

Has there been a homicide committed on a business?

[Bender]

ST has no shortage of kool aid drinkers

[Wild Cobra]

Well, I wonder if the dealers in my area I've been hearing about on the radio will get reimbursed.

Anyway, the program is coming to a close:

Obama admin. to end Cash for Clunkers on Monday (http://hosted.ap.org/dynamic/stories/U/US_CASH_FOR_CLUNKERS?SITE=NJMOR&SECTION=HOME&TEMPLATE=DEFAULT)

[Wild Cobra]

I hope the dealers get reimbursed, and don't lose their businesses. A few snippets from a few articles:

Cash for Clunkers spawns bureaucratic battle (http://www.scrippsnews.com/node/46137)

After the buyer drives off, the dealer must electronically submit the paperwork and wait to be reimbursed. Dealers say that transactions are being rejected at a high rate -- often for data errors, which can be corrected -- and that reimbursements are coming slowly or not at all.

Consumer groups call on DOT to protect car buyers from questionable Cash for Clunkers deals (http://www.startribune.com/business/53149512.html?elr=KArks:DCiU1OiP:DiiUiacyKUnciaec8 O7EyUr)

Ted L. Smith, president of the Florida Automobile Dealers Association, said dealers seek the agreements because they fear they will be forced to absorb the rebates if they let buyers who are later deemed ineligible drive away with new vehicles, said

"The dealers are bearing 100 percent of the risk," Smith said. "Consumers need to remember who has the risk here."

NY dealers say unpaid Cash for Clunkers claims mounting, prompting many to pull out of program (http://www.startribune.com/business/53706437.html?elr=KArks:DCiU1OiP:DiiUiacyKUUr)

NEW YORK - Hundreds of auto dealers in the New York area have withdrawn from the government's Cash for Clunkers program, citing delays in getting reimbursed by the government, a dealership group said Wednesday.

The Greater New York Automobile Dealers Association, which represents dealerships in the New York metro area, said about half its 425 members have left the program because they cannot afford to offer more rebates. They're also worried about getting repaid.

[Darrin]

Spell it out for you?

R-E-F-O-R-M.