cars

I was just listening to BBC. It’s a good thing to do every other day or so. You get a clean outside perspective. They were describing the Cash for Clunkers program. LOL Just the way they dryly described it made it sound so totally stupid. The British accent “Cash for Clunkers,” then talking about the $4500 subsidy for buying a new car, how the dealers didn’t get the money up front so are crippled cash flow wise, how the program is so backed up, how it was so popular the whole 2 billion – or whatever – was used up in the first 48 hours, and how it effectively is causing people to “reschedule” their purchases. And the best part was summarizing the story by calling the Cash for Clunkers an indicator of how effective Obama’s philosophy of buying one’s self into prosperity will be.  Read more... (340 words, 2 images, estimated 1:22 mins reading time)