How Much Is That Clunker in the Window? by Jonah Goldberg on National Review Online

by

How Much Is That Clunker in the Window? by Jonah Goldberg on National Review Online.

… with the $4,500 subsidy, not all of these customers are going to be paying cash for their new cars. So they’ll be swapping serviceable-but-paid-for cars for nicer cars that are owned by banks.

Am I the only one to whom this sounds like the same sort of ‘incentives’ provided for poor home buyers that encouraged them to purchase homes that they couldn’t afford and led directly to the real estate bubble?  Don’t these idiots ever learn?

Advertisements

2 Responses to “How Much Is That Clunker in the Window? by Jonah Goldberg on National Review Online”

  1. Oh, Bother Says:

    Are you the only one? No. Don’t these idiots ever learn? Hmm. Has it occurred to you that well-collateralized bank debt might be a design goal?

    They’ll get my clunker when they pry my dead hands off the wheel. It’s paid for!

  2. MAC Says:

    Does this make one think that the government has read somewhere about how there is a sucker born every minute. Yes, I think these are the same group of people that bought houses with nothing down to get into houses they couldn’t afford; now it’s cars. As a furhter insult, they destroy cars that may be perfectly good and usable by someone. Ship them to Chima as payment on the debt. Did you see the video showing them destroying the engine in a Volvo that looked almost brand new but tehy have to destroy these evil gas hogs to save the planet! Talk about “acting stupidly!”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: