And did this 10% unemployed tax-paying society get a good deal on the cars they bought? Most likely, resoundingly NO! Because, instead of buying something that they had saved for, the vast majority of these "purchases" were actually extended indebtedness agreements between the buyer and the dealer. The dealer who is having to literally sell his soul to President Obama just to stay in business.
To top it off, Chuck Schumer in the Senate, and several Democrats in the House--like Barney Frank, Maxine Waters, and others who think monopoly money is real--have commanded the gerbil-operated printing press in the basement of the White House to print up $2 billion more dollars so that you and I can hopefully buy somewhere in the vicinity of 750,000 lemons... uh I mean clunkers.
$3 billion dollars that belongs to "We The People," randomly and--if you ask the dealerships--quite selectively doled out for three quarters of a million dollars worth of junked cars.
Your current administration has promised that this little effort would save the auto industry. They've promised it will save the environment.
But what about saving my children's dinner?
Did you know that if you just flushed $1,000,000 a day down the toilet from the day that Jesus Christ was born until this, you would've barely spent more than $7 billion dollars?
The Obama administration, because it monkeyed around, or would it be better to say, "czarred" it's way into essentially half of that now in say, another two weeks or so.
And while the fearless leader of the "beer summit" will spout, "let me be clear" and issue another strong assurance that this same group of people can make "certain" that the "promise" of the American health care system will only "improve" in the days to come if we just trust them, many of us are wondering: "how do we know you will do any better by us than making us pay for junk, when through the fruits of our own labor we already have access to the finest health care around?"
Mr Gibbs, Mr. Axelrod, Mighty Beer Summit leader? Any of you wanna take a stab at that one?
Asymmetrical Politics: Republicans Act Like an Unruly Mob, Democrats Like a Regimented Army | Michael Barone