"America the Deadbeat"

The “cash for clunkers” is a success, according to Obama and his henchmen. I guess when you offer to give away money and people predictably line up to receive it, that can be classed as a “success” if you don’t know what you’re doing. But the biggest problem with this “give-away program” is that it leaves the auto dealers “holding the bag” waiting for the government to “get around to” paying them for the money they’ve “fronted” for Obama’s scheme. Some will no doubt go out of business because they can’t afford to “front” the money for this silly scheme to destroy thousands, even MILLIONS of perfectly good cars because of an "environmental fallacy" and will run out of money because, unlike the government, they can’t counterfeit money “legally.” The problem, of course, is “in the fine print,” which means that a lot of those dealer the dealers made in good faith will not be “approved,” after they’ve already promised to pay the money themselves. I predict that this scheme will wreak havoc with the used car business while running the price of new cars up sky high. (Just common sense)