Monday, August 3, 2009
Cash For Clunkers- The Latest Government Fiasco
Uncle Sam's Car Sales
"I'll give you top dollar on your trade-in."
When I first heard the term, "Cash for Clunkers", I thought it was some sales pitch for Honest John's Used Car Lot. Silly me. When I heard this was just the latest in the Obama Administration's wild schemes to take over every last aspect of our lives, I thought maybe I'd had too many beers.
But alas, it's true. And predictably, this latest insane idea is going right down the toilet fast. Unless, of course, Congress sinks another 2 billion into the program-after the initial one billion has already been spent.
It appears that the offer of up to $4,500 to turn in your gas guzzler for a "fuel" efficient" car caught on with so many people that the initial one billion pledged to the program is already gone. Of course, car dealers, before they get reimbursed from Uncle Sam for the discounts, have to destroy the old engines-not exactly like burning paper, you know.
How many failed fiascoes does it take before people wake up to the fact that an inefficient government is wasting our tax dollars? This is how the government is going to run the auto industry?
And you wnat to hand over the whole health care industry to this bunch?
My neighbor got one over on the government. He was in the market for a new car, brought in his oldest clunker (worth about $500), got $4,500 for it, paid the rest in cash (some people still save) and got a new American made Toyota.
ReplyDeleteFunny isn't it.
Your neighbor also put one over on the tax-payers-via the govt,
ReplyDelete