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The insanity of ‘Cash for Clunkers’

Update: Step 7) Do everything possible to make this terrible program permanent and print MORE money.

1) Government takes $1 Billion it DOES NOT HAVE and WILL NOT BE ABLE TO COLLECT with current tax rates and spending.

2) Government gives that $1 Billion to car owners in exchange for cars that are perfectly drivable and are largely owned outright.

3) That money given to individuals by government is used to pay to purchase a new car. The individual is now IN DEBT for the remaining cost of the car.

4) Government insists perfectly drivable cars are destroyed.

5) In first week government spends the $1 Billion that was supposed to last through end of October.

6) Government seeks to add $2 Billion more it DOES NOT HAVE and WILL NOT BE ABLE TO COLLECT with current tax rates and spending to keep the program going.

Bonus: Government makes the rules so confusing they total 135 pages

Bonus 2: The flashy Web site that cost big $ to produce crashes and burns under the weight of actually having to process requests for the program.

So our government is spending money it does not have to destroy cars that people own so that they can go into debt to finance the purchase of new cars. Somehow lawmakers and Democrats believe the fact that the mismanaged, confusing and debt creating program is a success because people are taking the imaginary printed money to accrue more personal debt during a recession.

WHAT?

In conclusion, I cannot wait until the government runs health care. I am sure the $1 Trillion estimated cost won’t be exceeded. I am sure the GE computer systems holding our digital medical records will work just fine. I am sure the rules won’t be so confusing that people are drowned in a sea of bureaucracy. I am entirely sure government will work. HAHAHAHAHAHAHAHAHA

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