Wednesday, January 14, 2009

Congress Considers Bear Ridge Proposal

On December 2nd 2008 the Bear Ridge Project proposed a "Common Sense Automaker Bailout" that revolved around giving vouchers to American citizens to purchase new fuel efficient vehicles in an effort to jump start the economy. Now it appears that Sen. Dianne Feinstein, D-Calif is pushing my proposal.
Congress considers ‘cash for clunkers’ proposal
Owners of old gas hogs would get $4,500 to have them taken off the road

Congress is mulling a proposal to pay people to get rid of those old gas guzzlers sitting in their driveways.

Under legislation introduced Wednesday in both the House and Senate and called the "Cash for Clunkers" program, drivers could get vouchers of up to $4,500 when they turn in their old fuel-inefficient vehicles for scrapping and buy vehicles that get good gas mileage.

People could also turn in their old cars for vouchers that could be used to ride public buses and trains.

The bill, said Sen. Dianne Feinstein, D-Calif., "would be an important part of helping getting America's struggling automobile industry back on its feet, and help consumers who are concerned about covering the cost of buying a more fuel-efficient vehicle."

Taking gas guzzlers off the road, added Sen. Susan Collins, R-Maine, a co-sponsor, "would reduce our dependence on foreign oil, decrease greenhouse gas emissions and stimulate the economy."

The proposal will only work if it creates American manufacturing jobs. If I get called before Congress to testify will I have to buy new pants?

GM had a great electric car in the 90's. It was killed off by oil and car lobbies. This is a documentary that explains what happened...Who Killed The Electric Car?

11 comments:

The Scavenger said...

Way to go Big Bear, sounds like a great plan.

Chris

HermitJim said...

Hell, I wouldn't wear new pants! But you might want to get some new boots cause it might get deep in there! (if it wasn't deep there already!)

Good post, Bear!

Anonymous said...

I understand the new Prius will achieve 50mpg - sometimes. As good as a 1980's diesel Rabbit, Honda Civic or Ford Fiesta.

But 10s of thousands more $$

theotherryan said...

4g's when a car costs 20+ isn't that huge. It should be only for American made cars.

Anonymous said...

Hmm ... sounds like one of those old "Saturday Night Special" buy backs a couple of cities tried. Time to purchase a couple of old rust buckets so I'm ready.
TJ

s said...

Wow,,,, Maybe I need to get to buying those heaps for 4-500 and sell them to Uncle Sam for $4500... :)

MADDOG said...

you make me sick to impose that i must buy something is beyond screwed up .why would i buy a peice of crap when my trucks run just fine and i owe nothing on the
socialist crap you are spewing.

BigBear said...

Comrade MADDOG,

I don't think they are forcing you to give up your old truck. I won't be giving up mine. They are just getting desparate.

Unfortunatly America became a complete Socialist State when the conservatives in congress and chairman bush decided to nationalize the banking system to save their rich friends.

RoadScribe said...
This comment has been removed by the author.
James said...

I do not wish to support the UAW.
So in Dec I bought a bimmer!

RoadScribe said...

My brother sold his truck and got a Prius. I took one look at that won't get in it. After a near fatal wreck on I-35 in a Civic, I won't drive anything smaller than my truck. And the 4,500 is a nice idea but that won't touch the sticker price and after paying off my RV, I'm totally cash basis, saving for one of those big trucks.
3500/350 4 door dually's for a Lance camper. A really big one too.
But nice idea Bear, for those that like little cars.