Friday, July 31, 2009

Cash For Clunkers: More Clunkers Than Cash.

The radio news had me howling with laughter. They set aside a brazillion dollars to bail out the auto industry, and who'd'a thunk it, the Cash for Clunkers program has run out of money.

Holy [deleted] update: Bloomberg reports they ran through the money in SIX DAYS. Huh. You give away thousands of dollars of other peoples' money and get a big response? Unprecedented!

Update! In response to "overwhelming" consumer demand (to steal MY tax dollars) Congress is going to take from the left pocket and put $2 Billion into the CARS program. Auto industry executives reportedly overjoyed.

No comments: