The WSJ calls it Clunkfare


Billions and billions later

Let's see.

Government promises to spend billions to buy old cars and rushes through legislation.

As the program starts, the FedGovs are still rewriting the rules to define which cars are eligible.

The program burns through a billion dollars in record time.

People demand their free cash.

Congress tinkers with the program, pouring more cash in and rewriting rules. Again.

Does anyone spot a pattern here?

Like the bank bailouts?

Like the auto manufacturer bailouts?

Like medical reform?

Do you really think we can trust them to get it right?

— NeoWayland

Posted: Mon - August 3, 2009 at 01:57 PM  Tag


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