Asian Carmakers Doing Especially Well Under Cash for Clunkers."I'm worried the government will run out of money before.. (health care, dollars)

[bentlebee]

David Wilson, a Toyota dealer in Orange County, Calif., told Automotive News that he has been paid for only three of 92 claims he submitted before Aug. 2, leaving him on the hook for about $374,000. In total, he has 450 unpaid claims filed for $1.9 million.

"I'm worried the government will run out of money before we get paid," he told the publication.



Asian Carmakers Doing Especially Well Under Cash for Clunkers - Political News - FOXNews.com (http://www.foxnews.com/politics/elections/2009/08/14/asian-carmakers-doing-especially-cash-clunkers/?test=latestnews - broken link)

Same counts for health care...HOW AR WE GONNA PAY FOR THIS!!!!

[floridasandy]

the government has no answer to either question. in fact, the government has no clue to the answer or they wouldn't have made cash for clunkers available for foreign car purchases with american taxpayer dollars......

[bentlebee]

True, and some people would say that Americans are working at the dealers, but they forget that many parts of these cars aren't made in the USA, so at least 75% OF THE MONEY GOES TO ASIA!

[ovcatto]

Asian automaker like these who received billions of dollars in subsidies and tax benefits from state governments:

Honda, Marysville, OH, 1980, $27 million*
Nissan, Smyrna, TN, 1980, $233 million**
Toyota, Georgetown, KY, 1985, $147 million
Honda, Anna, OH, 1985, $27 million*
Subaru, Lafayette, IN, 1986, $94 million
Honda, East Liberty, OH, 1987, $27 million*
Toyota, Princeton, IN, 1995, $30 million
Nissan, Decherd, TN, 1995, $200 million**
Toyota, Buffalo, WV, 1996, more than $15 million
Honda, Lincoln, AL, 1999, $248 million
Nissan, Canton, MS, 2000, $295 million
Toyota, Huntsville, AL, 2001, $30 million
Hyundai, Montgomery, AL, 2002, $252 million
Toyota, San Antonio, TX, 2003, $133 million
Kia, West Point, GA, 2006, $400 million
Honda, Greensburg, IN, 2006, $141 million
Toyota, Blue Springs, MS, 2007, $300 million

Foreign Auto Plants Have Received $3.6 Billion in Subsidies, Mostly From Southern States (http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/12-12-2008/0004941281&EDATE - broken link)

And who employ significant numbers of American workers?



Those Asian auto makers?

[HowardRoarke]

Originally Posted by bentlebee

David Wilson, a Toyota dealer in Orange County, Calif., told Automotive News that he has been paid for only three of 92 claims he submitted before Aug. 2, leaving him on the hook for about $374,000. In total, he has 450 unpaid claims filed for $1.9 million.

"I'm worried the government will run out of money before we get paid," he told the publication.



Asian Carmakers Doing Especially Well Under Cash for Clunkers - Political News - FOXNews.com (http://www.foxnews.com/politics/elections/2009/08/14/asian-carmakers-doing-especially-cash-clunkers/?test=latestnews - broken link)

Same counts for health care...HOW AR WE GONNA PAY FOR THIS!!!!

This started out as just another bailout for the Big 3 and the UAW, as it was supposed to be for so-called "American" cars. I think read somewhere the Mustang has mostly foreign parts, which means theoretically one could buy a Civic or a Camry with a higher U.S./Canadian parts content.

Sen. Shelby led the charge to include so-called "foreign" cars to be included in this stupid bill, since the overseas based automakers are rooted primarily here in the South, as are most of their (mostly non-union) suppliers.


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