Tuesday, September 1, 2009

The Auto Bailout and Cash for Clunkers

Just my opinion. This is a comment I posted to someones blog post on the website called "The Freedom Torch." I've only been on the site for a few days. But it seems to be very good for Conservatives, Republicans, and Libertarians.

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I don't think the "Auto Bailout" or the "Cash for Clunkers" has been worth the paper the programs were written on (even though it is probably quite a bit of paper)!


The U.S. government should not be running private companies. Proving how bad that idea was is that after GM was taken over by the government, Obama was heralded by Fidel Castro!

And the "Cash for Clunkers" was one of those things that looks good on the surface--Obama seems to be good at those kind of things--like a shiny, red apple with a worm in it, when you get past that enticing cover, it's rotten to the core:

(1)People get $4500 of their own money that they originally paid to the IRS...
(2)To help them buy a car that will put them in debt...
(3)So that their old car (that probably still runs) can get crushed into a pile of rubble. This step is so that no one else can ever drive the still-useful vehicle ever again. (I would say the used-car salesmen, people who usually buy used cars because they can't afford new cars, and vehicle collectors are cringing at this great idea!)...
(4)Then when tax time comes around, they have to pay taxes on that same money that was so generously given to them to help buy that new car that put them into debt.

It's just a vicious circle that makes no sense. Not much that the liberals do seems to make any sense!

Next:
Health Care and the Energy Bill -- Oh goody, what fun!

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