I have to admit, when I first heard of the cash for clunkers program, I really thought it was referring to the bonus payment plan for CEO’s who recieved bailout money. My bad!… Turns out it is a replacement through rebate plan for new car purchases. The Government had allocated 1 billion dollars to fund this plan, through November 2009. Unfortunately, only one week into it, they have run out of money and need an additional 4 Billion to make it through November. (Yeah right! Run with me for a moment here.) This cash for clunkers program was just a small program in the larger scheme of running a car business as they are attempting to do, ( with people who have no car experience I might add ) , and at this minimal level they failed to properly forecast the cost. One Week!  Now, (stick with me!), let’s extrapolate this to the auto industry as a whole. Their inability to properly forecast costs of business is a formula for failure at it’s highest level and we should soon see GM going bankrupt again only this time under Government Ownership.

We all know that the Government has never, I repeat never come in at budget, or God forbid under-budget on any program or initiative they have ever considered or implemented. I repeat, Never!, and now these guys are telling us that they can reform healthcare to be deficit neutral, and even save us money.

They project over 1 Trillion dollars over the next ten years as cost of this initiative of reform. However, in keeping with their trend of miscalculations, I would have to expect the real cost to come in some where around 65 – 100 Trillion when all is said and done. ( corruptly speaking of course!)

The people in Government have always kept me fearful and on gaurd, but I got to tell you, the group of headless chickens running around there now, flat out scare the hell out of me.

4 Responses to “Cash for Clunkers”

  • I find that your argument is rather insightful as it talks about a good deal of accurate data. In Any Event, was overcurious whether you would want to interchange web links with my web space, as I am looking forward to establish contacts to further spear point and gain better web exposure for my web site. I do not mind you placing my links at the homepage, just getting this web links on this particular web page is good and sufficient. Also, would you be kind enough reach me at my website if you are interested in the link exchange, I would really like that. Thank you very much and hopefully to hear from you as soon as possible!

  • Pink Friday says:

    That was interesting . I like your quality that you put into your writing . Please do move forward with more like this.

  • blog home says:

    I’ve never imagined that it will grow to be my addiction to read blogposts which is so much mind-boggling.

  • Keep focusing on your blog. I love how we can all express our feelings. This is an extremely nice blog here :)