“Why throw away good parts when the supply chain is in jeopardy? It doesn’t make a whole lot of sense,” said Michael Wilson, executive vice president of the Automotive Recyclers Association based in Manassas, Va. Engines and drivetrains account for 60 percent of recyclers’ revenue from a used vehicle, Wilson said.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/07/28/financial/f094412D20.DTL#ixzz0N9OfjIQz. Sure they may be excited about the other scrap value but the program minimizes their returns because the gov’t has prescribed the disposal technique.

They were opposed to the notion of dealers pouring a sodium silicate solution into the engines making them non-workable so that a dealer would be unable to re-purpose or sell the engines. There is an environmental concern with the disposal of engines containing a sodium silicate solution. But no matter, I’m sure most dealers won’t use the solutions and the recyclers will likely get what they wanted in the first place.

Happy spending.

And, how is this not green. If we assume that each of the new cars drives 100,000 miles, there will be a savings of 2392 gallons of gasoline over the lifetime of the car; and 597,750,000 gallons over the 250,000 cars purchased under the program. This is a massive reduction in carbon emissions.

Finally, its funny to hear people complain about 1 billion spent in a deficit of 1.8 trillion, when this 1 billion is clearly having a massive positive effect on demand, employment, etc. etc. If anything, this program creates jobs, reduces carbon emissions, and improves our trade deficit at minimal cost.

Yes, Lisa, you are a sore loser. After complaining that the program would never work, now you have to complain about deficits….