• salguod Posted: 10/30/2009 7:50am PDT

    Funny how everyone objecting to Edmunds numbers has a vested interest in showing that cash for clunkers was a success.
    Me thinks they protest too much.

  • Hal Posted: 10/30/2009 8:16am PDT

    I'm one that thinks that Edmunds is closer to the mark. History shows that the government can't manage money well and that whenever they set out a cost it always balloons way over its goal. They are terribly inefficient.

  • LesBaer45 Posted: 10/30/2009 9:17am PDT

    Mike Jackson of Auto Nation commenting on "political views"? Oh lord the irony of it all. This clown is constantly kissing azz and polishing terds just to win favor with the politicos. His business depends on them leaving him alone while he bilks customers and the .gov of cash.
    Remember his sucking up to the green car requirements when he was selling Prius's for 25% over MSRP? Remember his incessant whining for higher gas taxes when the market turned and he couldn't unload his overbloated inventory of small cars because no one wanted to buy one?
    Class "A" jerk.

  • Joe Posted: 10/30/2009 9:23am PDT

    I'm still patting myself on the back and telling my wife how proud of me she should be... You see, my income went up significanlty this quarter, heck, this year!
    I was wondering what I could do to supliment my salary which, due to the financial conditions of the times, is lower than it has been in years past. So it finally came to me in a fit of inspiration, I solved my problem and greatly increased my income for the year.
    I went to the bank (China Bank) and borrowed a bunch of money! It was actually a line of credit so it wasn't going to show up on my balance sheet unless I spent it, so like the genius that I am, I prompltly found dozens, perhaps hundreds, of things to spend money on that I didn't really need.
    So now, if you look at all my spending, you will clearly see that my income went up drastically!
    Unfortunately, I have a confession to make: I can't really take credit for this brilliant idea, I drew my inspiration from C4C!

  • Scott Posted: 10/30/2009 11:07am PDT

    To: lesBaer45. I am not sure how or why you have the detailed insight into the dealings of Mike Jackson, however, I have seen him many times on Squawk Box. You could not have been more precise in your analysis. Everytime I see him he is bending over to kiss the administrations butt and back everyone of their policies, class "A" jerk is more than kind.

  • Rahm Emanuel Posted: 10/30/2009 11:22am PDT

    Hindsight is 20/20 at the time Cash for Clunkers seemed like a great idea and it certainly got showrooms humming. You didn't hear Edmunds or the dealerships complaining while they were on the winning side of the cash for clunkers equation.

  • greedo Posted: 10/30/2009 11:26am PDT

    implausibly faulty! your maths are no good in the spatio-temporal region known as the Beltway! Division and multiplication only work when handling people, not money! exclamation point!

  • Fizz Posted: 10/30/2009 12:04pm PDT

    Numbers don't lie but liars use numbers. BTW, how did this turn into a slamming of Mike Jackson-way to defelct the attention away from Edmunds!

  • JerryR Posted: 10/30/2009 12:54pm PDT

    From the article - "The Detroit News notes that Edmunds' percentage is far lower than estimates by the White House (64 to 81 percent), General Motors (72 percent), Moody's (60 percent), and Ford (20 to 30 percent)."
    All of the above are politically biased. I saw an executive from Moody's a couple of days ago saying that the first-time home-buyer's plan should be extended and the amount doubled to $18,000 per buyer. Moody's is one of the companies responsible for stamping AAA ratings on bad debt bundles and swindling investors.
    It's obvious that Edmunds is the realiable source in this bunch.

  • Knocking Macchi Posted: 10/30/2009 1:04pm PDT

    Hah, remarkable how all the whiners, moaners, anti-govt this or thats, float to the bottom at comments to bitch about how awful it all is, how the gub'ment is gonna tax us all out of existence, waste our money, steal our men, impregnate our women (or is it the other way round?), and generally screw us all over.
    Of course, don't take any of MY entitlements! Take 'em from that OTHER guy over there! Don't touch my social security! Leave my mortgage tax break alone! I don't wanna pay! Make the others pay! Mine, mine, mine! Waaaaaaaaaaaaaah!
    Puh-leeze. If I saw any actual constructive suggestions in ANY of these comments, I'd give some of you a bit of respect. But, christ, my 3-year-old behaves better than you lot. Ptui.

  • Allan Posted: 10/30/2009 1:35pm PDT

    Edmunds' response to the White House response seemed really hollow. Why don't they go after their numbers or methodology? I'm smelling political motovations every whichway, so this is just waiting for one of the neutral fact-check groups to take over.

  • autoguy Posted: 10/30/2009 2:05pm PDT

    a few thoughts on this. First of all if media attention is all edmunds wanted then did the white house think that by posting a blog post they would be hurting Edmunds?? while my guess is that Edmunds is far closer to the right number it is interesting that they didnt protest while it was going on!!!

  • Aaron Posted: 10/30/2009 2:21pm PDT

    others have already said it well, so the White House and the b#tt smooching CEO of AutoNation are not political. It astounds me the arrogance of the left. I think they believe if they say something enough times---ITS TRUE.---IDIOTS

  • Are serious? Posted: 10/30/2009 2:42pm PDT

    Re: Knocking Macchi
    Are you not concerned with a $1.75 trillion budget deficit, the rapidly declining dollar, and estimated 2009 debt-to-GDP (Gross Domestic Product) ratio of 90%? Not counted: Healthcare and Cap & Trade bills coming down the pike.
    How are we to pay for this, along with the unfunded Medicare & Medicaid and Social Security? Reasonable concerns and outrage, not over-the-top fear mongering!

  • Duke Posted: 10/30/2009 2:53pm PDT

    Notice a pattern of petty reactions of this WH. Just like yesterday when the AP reported fuzzy math findings after investigating the stimulus jobs report posted on the WH website.

  • Cars4Charities Posted: 11/1/2009 9:20am PST

    Cash for clunkers was a disaster for taxpayers, the poor, car repair shops and car donation.