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Tweets

Cash for Clunkers boosts Ford’s July sales 1.6 pct (AP) : AP - http://bit.ly/70wlq #bus50 #cash #for #clunkers #cash4clunkers

July sales of Ford, Lincoln, and Mercury light vehicles rose 1.6 percent from the same month last year. Ford sold 158,354 vehicles, a 2.2 percent increase over last month and a sign that consumer fears that fueled the worst U.S. auto sales slump in a quarter-century may be easing.

RT @tweetsreport More Cash For Clunkers Likely http://bit.ly/MXBRo #cash4clunkers #cash #for #clunkers

we know how deceiving statistics can be.  In the Journal today, Jeremy Anwyl explains:

…on July 27, Edmunds.com published an analysis showing that in any given month 60,000 to 70,000 “clunker-like” deals happen with no government program in place. The 200,000-plus deals the government was originally prepared to fund through the program’s Nov. 1 end date were about the “natural” clunker trade-in rate.

Parody:  RT @lnik Cash for Clunkers: Obamacare Edition http://tinyurl.com/nu7aon #cash4clunkers #cash #for #clunkers

As part of a new incentive tied to Obama’s upcoming healthcare reform, the network of Planned Grandparenthood Centers are to begin running ads, themed “Double Cash for Your Old Coot.” The push offers a cash incentive or zero-percent financing on top of free government plans for all families whose trade-in old-timers qualify for the government’s program known as “Cash for Clunkers,” up to a maximum of four grandparents over 70 years of age.

Latest opinion polls show that seniors steal billions of dollars out the federal budget each year just by staying alive. This new bold initiative is calculated to save us all money by gently recycling high-maintenance old coots, thus taking them off the list of potential beneficiaries of the impeccable government health coverage.

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Top 3 google blog stories:

1.
http://www.dailyfinance.com/2009/08/03/will-cash-for-clunkers-die-in-the-senate/
The second, and more severe problem, is that while the House has approved another $2 billion for the program, the Senate may reject it. U.S. car sales could drop sharply in August without the stimulus program. The recovery in the auto market could be arrested just as it begins.

2.
http://www.huffingtonpost.com/2009/08/03/cash-for-clunkers-program_n_249961.html
Transportation Secretary Ray LaHood said Sunday that unless the Senate approves $2 billion in additional funding, the Obama administration could be forced to halt as early as Tuesday the “cash for clunkers” program that has become one of the most visible and fast-acting of the government’s economic-stimulus programs.

3.
http://freakonomics.blogs.nytimes.com/2009/08/03/is-somebody-lying-about-cash-for-clunkers/
Congress set aside $1 billion to fund the program. If all of that money was going to pay these subsidies, there would be enough money to pay for 250,000 clunkers.

In 2006, before the current ills of the automakers, the average number of new cars sold in a week in the United States was 125,000.

So if you believe the numbers, sales involving clunkers as trade-ins last week represented more than two times the weekly sales of new vehicles when the industry was healthy….

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RT @juniormarco Curious about: “Google CEO resigns from Apple’s Board : Boy Genius Report” http://bit.ly/3hwCqA #google #ceo #apple #board

Eric has been an excellent Board member for Apple, investing his valuable time, talent, passion and wisdom to help make Apple successful. Unfortunately, as Google enters more of Apple’s core businesses, with Android and now Chrome OS, Eric’s effectiveness as an Apple Board member will be significantly diminished, since he will have to recuse himself from even larger portions of our meetings due to potential conflicts of interest. Therefore, we have mutually decided that now is the right time for Eric to resign his position on Apple’s Board.

RT @tweetcontent What’s being said about Google CEO Eric http://bit.ly/4v6B8W #google #apple #ceo #board

Why Google CEO is history at Apple- siloconangle.com

1. http://digitaldaily.allthingsd.com/20090803/google-ceo-resigns-from-apples-board-of-directors/

“Eric is obviously doing a terrific job as CEO of Google, and we look forward to his contributions as a member of Apple’s board of directors. Like Apple, Google is very focused on innovation and we think Eric’s insights and experience will be very valuable in helping to guide Apple in the years ahead.”

–Apple CEO Steve Jobs, August 2006

“Apple is one of the companies in the world that I most admire. I’m really looking forward to working with Steve and Apple’s board to help with all of the amazing things Apple is doing.”

–Google CEO Eric Schmidt, August 2006

I believe that AT&T has become a piñata in the high-stakes war being waged by Apple and Google. Why do we believe that these two companies are not in competition with each other? Is it because Eric Schmidt sits on the Apple board? This battle between Google and Apple is going to get very ugly — as it should. Both companies have pinned their futures on

The way I see it, he got shown the door by Jobs. Back in May, Schmidt said he had no plans to resign from Apple’s board...

3.

Citing increased competition from his company, Google CEO Eric Schmidt today announced that he will be stepping down from Apple’s board of Directors. The month marks the three year anniversary of Schmidt’s appointment to the board.

Apple issued a statement on the matter from the company’s own recently reemerged CEO.

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