Latest stimulus plan, what do think of our wonderful president now |
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 Aug 24 2009, 11:42 AM
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 poison  Group: Official Member Posts: 4,806 Joined: Mar 2008 Member No: 629,020  |
THATS RIGHT GUYS! CASH FOR REFRIGERATORS!
QUOTE A $300 million cash-for-clunkers-type federal program to boost sales of energy-efficient home appliances provides a glimmer of hope for beleaguered makers of washing machines and dishwashers, but it's probably not enough to lift companies such as Whirlpool (NYSE:WHR - News) and Electrolux out of the worst down cycle in the sector's history. Beginning late this fall, the program authorizes rebates of $50 to $200 for purchases of high-efficiency household appliances. The money is part of the broader economic stimulus bill passed earlier this year. Program details will vary by state, and the Energy Dept. has set a deadline of Oct. 15 for states to file formal applications. The Energy Dept. expects the bulk of the $300 million to be awarded by the end of November. (Unlike the clunkers auto program, consumers won't have to trade in their old appliances.) "These rebates will help families make the transition to more efficient appliances, making purchases that will directly stimulate the economy," Energy Secretary Steven Chu said in a statement announcing the plan. Only appliances covered by the Energy Star seal will qualify. In 2008, about 55% of newly produced major household appliances met those standards, which are set by the Energy Dept. and Environmental Protection Agency. More can be found here. |
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Aug 24 2009, 11:49 AM
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#2
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 Senior Member Group: Official Member Posts: 1,938 Joined: Jul 2008 Member No: 667,832 |
REFRIGERATORS ARE LEGIT TO WASTE MONEY ON!!!
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Aug 24 2009, 08:21 PM
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#3
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poison Group: Official Member Posts: 4,806 Joined: Mar 2008 Member No: 629,020 |
insane.
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Aug 25 2009, 02:10 AM
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#4
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 Sarcastic Mr. Know-It-All Group: Staff Alumni Posts: 2,089 Joined: Dec 2003 Member No: 29 |
Another brilliant plan from the f*cking braindead government
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Aug 25 2009, 12:32 PM
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#5
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Senior Member Group: Official Member Posts: 1,938 Joined: Jul 2008 Member No: 667,832 |
QUOTE(kryogenix @ Aug 25 2009, 03:10 AM)  Another brilliant plan from the f*cking braindead government ...For once we have something in common |
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Aug 25 2009, 04:02 PM
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#6
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 I'm Jc Group: Mentor Posts: 13,619 Joined: Jul 2006 Member No: 437,556 |
QUOTE(Uso @ Aug 24 2009, 11:49 AM) REFRIGERATORS ARE LEGIT TO WASTE MONEY ON!!! QUOTE(Tomates @ Aug 24 2009, 08:21 PM) insane. @ both what are your views on the economy and the best way to stimulate it? just wondering |
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