Via Instapundit, Knox News links to Former Senate Majority Leader Bill Frist uses Obama’s cash for clunkers for a new Prius. Why not? He’s not breaking the law, and the program’s there.
But the cash-for-clunkers is not working out for people who would be in the market for a good used car, for mechanics, and for dealers. Dan Riehl:
Nothing like destroying lower-cost automobiles in an economic downturn. That's precisely what Cash for Clunkers does and mechanics aren't thrilled. They’re losing work. No point in re-purposing them for low income people on public assistance who could use them to get to a job. At the rate Obama is going, there won’t be any jobs in four years.
DALLAS, TEXAS – Sodium silicate. Pour 2 quarts in a car’s engine. Hold it at 2000 rpm’s. And in about 5 minutes, car dealership Service Director, Mike Zorn, says, it’s “lethal injection to a motor vehicle.”
And now New York Dealers are pulling out of the program because they aren’t being paid in time for it to make sense.
Here’s what I propose: the car dealers should keep the old cars intact and unharmed until (and if) they get paid. If they don’t get the money, they would still have an asset that could be sold or traded.
The politicians in Washington are telling us that it’s not just about how you play the game; it’s also about how you come out ahead. Might as well practice that lesson ourselves.
Great article. Cash for clunkers can’t end any too soon for car donation charities either as we have been hurt by it as well as the repair shops.