Cash // Current

Stripper is no dummy

A 50 year old man was caught using counterfit bills to pay a stripper. She said she... more

JuJubeez
added this
22 days ago
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0 comments

Redesign of the U.S. dollar

Time to make your money look pretty

franksalot
added this
1 month ago
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1 comment

Gulf "Ditching the Dollar" for Oil Trade ?

your money is no good here !

hunzedog
added this
1 month ago
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0 comments

Some Moolah for Your Sky Rocket? Cash Machine that now serves Cockneys

Well Weapon. This is as Barley as they come.

JCollier
added this
1 month ago
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US, Colombian, Mexican officials seize $41 million

Customs agents from the US, Mexico and Colombia have confiscated about $41m in cash.

yepyep
added this
1 month ago
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1031 exchanges for corporate and commercial real estate: case study illustrates effectiveness, effic

Case study illustrates tax and cash flow benefits of 1031 exchange for corporate and... more

hoosierdaddy
added this
1 month ago
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Chris Martin: "I'm having a past-life crisis."

Chris Martin muses on Bernie Madoff, pop music and culture, the CIA, Sarah Palin and... more

ChrisMartinComedy
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1 month ago
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Your old appliance is worth more than you thought

Just like your old car, your old appliance is worth an additional bonus check from the... more

Greenpointer
added this
1 month ago
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3 comments

TechCrunch50: Show me the money

SAN FRANCISCO--The world of Web 2.0 has been criticized for being too much about the... more

Mel0dy
added this
1 month ago
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Visual Guide to the World's Cash [Infographic]

A country's printed money says a lot about its culture and history. Find out what... more

digitalfever
added this
3 months ago
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0 comments

FREE HAWAI`I TV SPECIAL REPORT - HAWAI`I FAKE STATE PROTEST

"HISTORY HAPPENS TOMORROW" Join Us Tomorrow To Protest 50 Years Of The Fake State... more

FreeHawaiiTV
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3 months ago
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Dealers Quit 'Cash for Clunkers,' Calling Uncle Sam Too Slow to Pay

Dozens of auto dealers in the New York area and at least one in Maryland are pulling out of the U.S. government's popular "Cash for Clunkers" program because of problems in getting reimbursed.

The general manager at Toyota of Bowie said the dealership stopped participating earlier this week because it cannot afford to advance the money for more rebates while waiting on the government to pay. And about half of the 425 members in the Greater New York Automobile Dealers Association have also left the program, according to the group's president.

"We're sitting with $1 million out," said Jim Bee, general manager of the Toyota of Bowie dealership. He said he has taken in between 150 and 160 clunkers and has not been paid a dime from the government.

Under the government's clunker program, people who scrap their gas guzzlers can get a voucher worth up to $4,500 toward a new, more fuel-efficient vehicle. Dealers essentially front the money for the cash incentive with the understanding that the government will reimburse them once they file the necessary paperwork online and the deal is approved.

"Let's say we've given the customer a $4,500 voucher," Bee said, "we've given that money in good faith. But if the clunker isn't approved, we'll have to eat that $4,500."

Mark Schienberg, the president of the New York area automobile dealers group, said the government needs to speed up the approval process because dealerships are cash-flow businesses. He said many of his members have complained about the length of the 10-page-plus application and about rejections that do not give clear explanations of what the problem was. If dealers that are already living hand-to-mouth do not get repaid soon, he said, it could force them into bankruptcy.

"The program was becoming too difficult for them to get through, and they couldn't float any more money," Schienberg said of the dealers that have pulled out.

Transportation Secretary Ray LaHood told reporters Wednesday that he understands some dealers are frustrated about delays in getting paid.

"They're going to get their money," LaHood pledged. "We have the money to provide for them. There will be no car dealers that won't be reimbursed."

LaHood said the Obama administration plans to provide more details this week on how much longer the car incentive program will last. He had previously said that a recent $2 billion boost in funding for the effort would carry the program until Labor Day.

To deal with the onslaught of applications, the National Highway Traffic Safety Administration has said it plans to triple the number of contract workers and federal employees processing the paperwork, to 1,100, by the end of the week.

So far, government officials said 435,102 transactions, worth $1.8 billion, have been turned in under the clunker program. Most of the trade-ins have been trucks and sport-utility vehicles. The Toyota Corolla, Honda Civic and Ford Focus have been the top three new vehicles bought under the program.Dozens of auto dealers in the New York area and at least one in Maryland are pulling... more