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'Clunker' rebate a waste of money

Posted: August 9, 2009 3:24 p.m.
Updated: August 10, 2009 4:55 a.m.
Congratulation on the purchase of your new car. It's a real beauty, bright and shiny in your driveway.

What, you say you don't know what I am talking about?

You are still driving your five-year-old car. Me too, but you, like I, just paid for your neighbors to turn in their old "clunker" and get a $3500-$4500 rebate on that shiny new car that is parked in their driveway.

In addition to boosting our auto industry, this program was also advertised as reducing our dependence on foreign oil and reducing smog because the new car needed to get better mileage than the old one.

Who is against cleaner air and cheaper gas? The great thing is that the impact will be immediate since you take the old clunker off the road and immediately replace it with the new highly efficient vehicle.

I did buy gas today but apparently the message has not got to the gas station yet, but I am sure the price reduction will be coming soon.

This program was another epic waste of money which benefited a specific industry and a narrow group of the population.

On the campaign trail, Obama said he would not be held hostage by special interest groups, but this program can only be described as another benefit applied directly to a special interest group, the auto industry.

I guess it's hard to resist now that we have Government Motors.

The program burned through its first billion in a week and now there are cries to extend it with another $2 billion.

This program is only a week old. If the lawmakers thought that $1 billion was adequate just a couple of weeks ago, then why do we feel the need to throw another $2 billion in the pot?

This is a perfect example of why you don't want them spending your money.

Maybe you agreed with the $1 billion, but did you agree to let that number go up by a factor of three?

I didn't think so, but when you are spending other people's money like the government does, it happens all the time.

If our lawmakers so poorly forecast the demand and impact of this program - which is as complicated as handing out a check to an auto dealer - how can we ever hope they can successfully administer a health care program?

Enjoy your new car. I hope it brings you miles of smiles.


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