Posted: Aug 20, 2009 4:36 PM
After hinting that it would happen soon, the axe has officially fallen on the massive boondoggle of the cash-for-clunkers program -- and they're only giving three days notice! According to Politico, Transportation Secretary Ray LaHood said that the program "has been a lifeline to the automobile industry, jump starting a major sector of the economy and putting people back to work," but that "at the same time, we’ve been able to take old, polluting cars off the road and help consumers purchase fuel efficient vehicles."

If it's all that great, LaHood, why the heck are you closing it down? If you think you can just glaze over the massive insolvency -- or overall ridiculousness -- of the program when giving an explanation as to why it is being shuttered, you should do a serious re-evaluation of your perception of the American people. You won't be able to pull the wool over our eyes on this one.