View Single Post
Old 04-10-2009, 07:05 PM   #11
speedster
SST...
 
speedster's Avatar
 
Drives: SST Camaro 2010
Join Date: Oct 2008
Location: East Coast of Florida
Posts: 5,927
Teleplayer -

Here is part of the problem with the German model you are referring to:

Quote referencing the German 60 Minutes (Monitor):

"The Abwrackprämie (”wrecking award”) a.k.a Cash for Clunkers is only a week old. There’s already a huge black market for bogus car culling. Monitor, the German version of “60 Minutes,” ran a segment where a TV team succeeded in selling a supposedly shredded car to Poland. Then they sold it to a Lebanese trader who exported it to Africa. As a final accomplishment, they registered the supposedly culled car again . . . in Berlin, right around the corner from where the law was passed. Nobody was checking in a country that usually checks everything.

The program cited Jürgen Resch, head of the environmental organization Deutsche Umwelthilfe, who said: “We assume that hundreds of thousands of cars and hundreds of millions of Euros will end up in the hands of organized crime.” from the same article "the subsidy is, in fact, a bail-out initiative for organized crime." "

It sounds good in theory, but is already being abused in practice.
__________________
speedster is offline   Reply With Quote