Cash For Clunkers
Posted by:
ThePackLeader
()
Date: July 31, 2009 11:30AM
Okay, so here we are roughly four days into the "Cash For Clunkers" program, which offers up to $4,500 for a trade-in on your lower-mileage, later model vehicle, and yet the U.S. Transportation Department wants to suspend the program because it has become "too successful". So far, $96,000,000 of the allocated $1,000,000,000 has been utilized, which represents 9.6% of the total available funds. This number is representative of roughly 22,000 brand new vehicles being sold through dealerships across this nation in only FOUR days. However, there are approximately 220,000 more vehicles still in procedure at this moment, due to the back-logging of the dealership rebate registrations/applications, and when the total amount of such is added up, we soon hit a spenditure of $960,000,000, which is equal to 96% of the allocated funds. Therefore, we realize that a program which was originally intended to last One entire year, and then immediately before implementation it was re-estimated to last until November of 2009, has now run its course in less than ONE WEEK.
Well, in all of the ensuing chaos and hooplah surrounding this rather wild occasion, has anyone ever stopped to ask, or even consider, just how many of those benefiting from this return in our tax expenditure are non-citizens, and quite possibly non-tax paying illegal aliens?