Discussion Forum

will this never end?

"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.)"

As a taxpayer, I certainly hope it will end.

As a spoof writer, I hope it goes on forever.

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Quote: Frankie The J

As a taxpayer, I certainly hope it will end.

As a spoof writer, I hope it goes on forever.

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do i perhaps here the gears grinding in that wonderful noggin for story number 100?