Tuesday, August 04, 2009

Still Think 'Cash For Clunkers' Is Good?

Think again. It is just another redistribution of wealth program.

From Bloomberg, "Four of Top ‘Clunkers’ Model Purchases Are Foreign."

Questioned about the lack of helping struggling American Auto manufaturers, we read, "The “Buy American” provision was dropped from the final legislation because of opposition from foreign automakers and free-trade advocates who said it would conflict with U.S. obligations to the World Trade Organization."

Senate Majority Leader, Harry Reid (D. Nv) says of the additional $2 Billion of our tas dollars going to bolster import cars sales, “We’ll pass cash for clunkers before we leave here,” Friday.

Sure to bring glee to 'Greeners' who look forward to destroying American Gas Guzzling Auto Manufacturers is some of the American vehicles on the Eligible New Cars list.

2009 Cadillac SRX, 2009 Chevrolet Express Cargo, 2009 Chevrolet Silverado 3500HD, 2009 Chevrolet Suburban, 2009 Chrysler Town and Country, 2009 Dodge Ram Pickup 2500, 2009 Dodge Sprinter Cargo, 2009 Ford Econoline Cargo, 2009 Ford F-250 Super Duty, 2009 GMC Sierra 3500HD, 2009 GMC Yukon XL, and sure to please the Sierra Club, 2009 HUMMER H3T.

Lots of Gas Guzzlers eligible for any considering some good old 'Detroit Iron.'

Don't worry about emissions, save the UAW!

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