http://news.yahoo.com/s/ap/20090804/ap_on_go_pr_wh/us_cash_for_clunkers_transparency
Obama administration withholds data on clunkers
By BRETT J. BLACKLEDGE, Associated Press Writer
Tue Aug 4, 4:46 pm ET
*** begin quote ***
LaHood, for example, promotes the fact that the Ford Focus so far is at the top of the list of new cars purchased under the program. But the limited information released so far shows most buyers are not picking Ford, Chrysler or General Motors vehicles, and six of the top 10 vehicles purchased are Honda, Toyota and Hyundai.
*** end quote ***
How STUPID are we? This is like FDR having pigs slaughtered to raise the price of pork during the Great Depression!
(1) Damage and disable perfectly good cars and prevent the marketplace from giving poorer people good transportation. Where is the intelligence in this?
(2) Most folks (from my statistical survey) are buying foreign. (I would!)
(3) Where is the billion dollars for this coming from? Soon to be 2 billion? This is national suicide!
(4) Where is the economic GENIUS who figured this one out. It has to be someone who hasn’t heard of Bastiat and the Broken Window fallacy! http://en.wikipedia.org/wiki/Broken_window_fallacy
Hope stupid are the Sheeple? Very stupid!
# # # # #
Reinke Faces Life 