yes but they bought it from Americans. BTW the two cars with the highest
North American content of over 90% content is the crown vic and the toyota
camry. VW, Subaru, Toyota, Honda, Nissan BMW and others all have US plants.
GM and Ford build cars with high asian content. there are no American cars
anymore. Except those of us in the USA who have rebuilt our cars from the
ground up. My car came in boxes....
Ira
On Fri, Aug 7, 2009 at 7:13 PM, Al Malin <amalin@mac.com> wrote:
> Cash for Clunkers cash flow:
>
> 1) U.S.A. borrows money from Chinese
> 2) Congress and Administration gives money borrowed from Chinese to new car
> buyer
> 3) New car buyer buys a foreign car
>
> Al Malin
> Tricarb
>
>
>
> On Aug 7, 2009, at 8:56 PM, Alan Seigrist wrote:
>
> I always love the perverse logic of Congress, "let's see if giving people
>> $4,500 to buy a new car will be a popular program." and then "Oh my god,
>> I
>> never thought giving people $4,500 in free money would be so popular, we
>> need to do even more, now, hurry hurry hurry!!!"
>>
>> Hmmm let's give all this money to just 500 thousand Americans, paid for by
>> the other 100 million American taxpayers who are the ones who get the
>> bill.
>>
>>
>> Yeah, that's fair, and popular too!
>>
>> I suggest that all of you who did NOT get $4,500 in cash for clunkers vote
>> your congressman out of office (whether R or D) next time around.
>>
>> Alan
>>
>> '52 A90
>> '53 BN1
>> '64 BJ8
>>
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--
I Erbs
Portland, OR
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