$4500 dollars of taxpayer’s money is offered if you trade in your functional vehicle, registered and inspected by the state, for a new vehicle.
Your trade-in vehicle must be totally scrapped! Cannot be resold to someone needing a good modest functional car and cannot be used for repair parts. And who came up with this “clunker” name. Talk about your 1984-doublespeak!
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Why would otherwise intelligent legislators vote for something this dull? The destruction of good running vehicles with $4500 of taxpayer money for a vehicle that gets an additional 4 MPG!
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The answer is payback!
The government now owns GM and therefore the UAW is now the biggest government union and they must be repaid for their support for the Democrat candidates in the last election! Apparently the $50 BILLION of taxpayer money already sunk into GM-UAW wasn’t enough already!
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Don’t you just love all this hope and change we can believe in!
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http://roanokeslant.blogspot.com/2009/06/economic-reflections-revisionism.html
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http://roanokeslant.blogspot.com/2009/07/economic-reality.html
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http://roanokeslant.blogspot.com/2009/06/obamas-gm-new-amtrack.html
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http://roanokeslant.blogspot.com/2009/04/gm-sinking-with-our-tax-money.html
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