Alexis de Tocqueville said, "The American republic will endure until the day Congress discovers that it can bribe the public with the public's own money."
The U.S. Congress is unconstitutionally bribing the American people with $4,500 to buy cars in the "Cash for Clunkers" program.
Many struggling families can't afford new cars and rely on the purchases of used vehicles. Hundreds of thousands of cars are being traded in and destroyed, not resold. This takes thousands of used cars off the market, driving prices upward. In turn, this dries up the supply of used parts thus inflating the parts market.
This program is bribing families to trade in their car that is likely paid for and go into debt. Isn't this similar to the programs Congress, Freddie Mac and Fannie Mae designed that led to the housing crisis?
This program is extremely wasteful because, instead of keeping existing cars running, it promotes making a huge carbon footprint with a large energy output to produce new vehicles.
Also, the program will let you scrap your 8,000-pound 18 mpg vehicle and give you cash to get a new 8,000-pound vehicle as long as it gets 4 mpg more.
As the politicians, unions, ACORN and the media loudly applaud this program, it is reminiscent of a scene from Star Wars Episode III when Queen Amidala, while listening to the Senate, somberly stated, "So this is how liberty dies, with thunderous applause."
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