You're Too Late!

If you haven't traded in your old car in the so-called 'cash for clunkers' program, you are perhaps too late. The government intends to suspend the deal as it appears that it will cost too much. Around $1 billion dollars too much.

After heavy advertising by auto dealers it looks as though demand will go far beyond what the Obama administration is actually willing to pay. The Department of Transportation is still exploring its options on funding the program, but even so, things are not as rosy as the may seem for dealers.

Apparently Washington is slow to approve some of the deals. A Houston auto dealer is complaining that he expects to get the short end of the stick on a deal or two, anticipating that certain buys won't be okayed.

Can you say fiasco? Any one with half a brain (but I forget that we are talking about liberals here) ought to have seen that such massive federal intrusion in the economy can't happen without severe flaws becoming exposed. The dealers that get burned quite frankly deserve what they get.

But we, the taxpayers, don't. I am not obliged to buy overpriced cars simply because the auto companies and Barack Obama think I should. I cannot but hope that this sort of arrogant, high handed and high browed liberalism will be seen for what it is, and that the backlash in 2010 will be great.