CEO, Edmunds.com
CEO of Edmunds.com, a consumer automotive website
PROFILE
Jeremy Anwyl
Guest
FROM Jeremy Anwyl
Which Way, L.A.?
Cash for Clunkers: Does Haste Make Waste? Transportation Secretary Ray LaHood says that Cash for Clunkers “has worked better than any other stimulus program that was conceived.” It started off slowly on the first of July, and then exploded through almost a billion dollars in the past week alone. The House quickly approved another two billion before taking off for vacation, and this week the Senate appears ready to go along.
To the Point
Cash for Clunkers: Does Haste Make Waste? Transportation Secretary Ray LaHood says it "has worked better than any other stimulus program that was conceived." Starting slowly on July 1, " Cash for Clunkers " then exploded through almost $1 billion in the ten days. The House quickly approved another $2 billion before leaving for vacation, and this week the Senate appears ready to go along. Auto dealers are ecstatic, but students of car culture say the summer jump in sales would have occurred anyway, without any government subsidy. One skeptic says trade-ins might end up costing taxpayers $20,000 apiece; others complain that past gas guzzling is being rewarded. We look at the unexpected benefits and unintended consequences of CARS.
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To the Point
Ex-FBI Director Comey tells his side of the story Today, former FBI Director James Comey came close to calling the President who fired him a liar. The White House denied the claim and called it insulting, but Republican Senators did not challenge Comey’s truthfulness. Many questions remain: did the President try to obstruct a federal investigation? Later, we’ll go behind the “velvet rope” for a look at 5-Star health care for the richest Americans.
To the Point
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
To the Point
Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.