The only clunker is Gillard

Posted by Chief Blogger – 24 July, 2010

Get set for Australia’s own cash for clunkers programme.

Let’s keep it simple.

Over a year ago Rudd gave Toyota a stack of money they didn’t know what to do with or need, to build Camry hybrids in Australia, because Kevin’s wife once complained the existing hybrids were not Australian made. True story.

Sales of the vehicles have been very slow with the Victorian government the only ones buying the cars. Probably because they make no financial sense for buyers. The average person would have to drive something like 200,000 km before they get their money back on the fuel savings. Not including when the battery inevitably fries when the warranty runs out. That is a $10,000 replacement.

Anyway, in order to boost sales Gillard is giving away $2000 to people with worthless cars to go into debt to buy one of these government funded hybrids. These are cars that cost in excess of $40k.

So let me get this straight. If a person can only afford to drive around in a car worth less than $2000, how are they going to be able to afford a car worth $40,000 – $2,000 = $38,000?

Has the ALP completely lost its mind?!?!? So much for Ford and Holden. According to Gillard you guys better start looking for a new job. Hopefully people in Adelaide are awake to the way Gillard has stabbed her own home town in the back.

There are also a range of balance of payment issues and the impact this initiative could have in creating a boom and bust industry, aka the home insulation industry right now.

  • justmeint

    Julia is OUR AUSSIE ‘Obama’ Mamma!

    This woman is a real looney! Obviously she has a secret money printing organsaition, hidden from public view. Whatever happened to her party line about getting us out of debt ASAP? while all she is doing is proposing to spend spend spend!!!! She is offering all kinds of incentives to get the vote!

    Aussies don’t want to or need to go down the same political nightmare path that the USA is traversing, so why try and imitate President Obamma Mamma Julia?

    Arghhhh she of all people should know – after all she advertises her hard working family background, that there are people in Australia who just cannot afford new cars, and struggle to keep what they have roadworthy and registered.

    We are pensioners, we are single parents, we are family people just barely making ends meet from pay to pay…. her ‘bright’ (NOT) scheme is out of the reach of ordinary people. Politicians on the other hand can afford to change cars and buy new fangled gadgets whenever the fancy takes them.

    Get real Julia…. there is a Santa Claus, but it ain’t YOU! and there is no AGW !

  • R.M. Griffin

    Justmeint is not the only person to detect similarities between the Kenyan Muslim currently working on the destruction of America and the treacherous devious Gillard who is trying to destroy Australia. Fake “president” Obummer is doing what he does because his evil so-called religion hates western democracy. What is Dullard’s motibvation?