Cash for Clunkers - A Clunker of a Program

The poorly designed, poorly run, over budget program will finally be put out of its misery today. This program was touted to be a great shot in the arm for the auto industry and the economy. At best it provided some temporary artificial numbers boost to provide obama and democrats more "talking points" for their disinformation overdrive. The program is hurting the used car market and the salvage market. The cars that are traded in under this program are rendered useless by mandate. They can't be resold in the used car market, and many salvage companies won't touch them because the most valuable part of the car is destroyed. To make things worse, the dealers have so far been stuck with thousands of these worthless cars, waiting to be reimbursed by the government. This program, coupled with the socialist grab of the American auto industry and its politically driven agenda, have only made things worse. Makes me wonder what other brilliant ideas obama has up his sleeve.