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Saturday, August 1, 2009

Cash for Clunkers

As those in the Obama administration pat themselves on the back for what they see as a great success in the "Cash for Clunkers" program, officially know as "Car Allowance Rebate System" or CARS. Rumor are flying that the program will not only be extended but greatly expanded. Many in the West Wing are now calling for the program to be expanded from the measly $4,500 per car to $10,000 per car. It is estimated that this new program would bring some 30,000,000 clunker owners into the depressed auto dealerships. The cost of the new program would only be 300 billion, no where near the trillions already being spent. This would insure the survival of the newly created "Government Motors" formally know as GM. Those in the White House are giddy with the prospect of a real stimulus and at the same time putting tens of millions of poor people in new cars, something they were unable to do themselves in a repressive capital system geared toward enriching the already wealthy. The environmentalist are ecstatic about these rumors being leaked by the White House.

On the flip side used car dealers are facing the prospect of going out of business. Who will buy a used car when the government will give you a new one for nothing---well not quite nothing only $300,000,000,000! Fiscal watchdogs in Congress seeing the ever-increasing national debt are again sounding the alarm. Many on the right are now saying what is next---giving away free homes to stimulate the housing market, or maybe new more energy efficient appliances free to every homeowner who brings in their old model. Some are now saying why work at all if the government will provide all our needs. Turn in your old toothbrush for a new one, turn in your old shoes for new ones, turn in your old energy sapping TV for an energy efficient flat screen. Damn this is real stimulus---the demand for cars, TV's, other appliances, tooth brushes, shoes will all increase and the economy will boom. Wait, if we are getting these things for free what is the need to work to get them. So who will be the fools that will continue to work to provide all those free things the government is now giving us. Not me---I want my free stuff and I want it now. Obama says its my right--free medical care, free autos, free TV ---in short the proverbial "Free Lunch". Gimme! Gimme! Gimme!