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Cah for Clunkers, Will The Goverment Bulldoze Houses Next?

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8/9/2009 8:20 PM

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Cah for Clunkers, Will The Goverment Bulldoze Houses Next?
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Our Government is so smart, I could see this happening next. I still believe the biggest travesty ever is the destruction of food, when people were starving. I could see the idiots running our Country try something like that also.
[link to bobmccarty.com]
The current financial crisis in America was caused by both the U.S. government and American people getting into too much debt. Not only is the government getting deeper into debt by purchasing used cars for $4,500 and destroying them, but Americans are being forced to get deeper into debt to buy new cars. The used cars being purchased and destroyed were owned by Americans outright. The free market would've encouraged Americans to drive these cars until they stopped working, while rebuilding their savings. The government is preventing this from happening and doing greater damage to the economy.

Four out of the top five models of new cars being purchased as part of "cash for clunkers" are foreign cars. Therefore, very little of this newly printed money is going to the bailed out U.S. automobile manufacturers. We are increasing our trade deficit with Japan and other foreign countries at a time when we should be manufacturing cars that we export to the rest of the world, so that we can shrink our trade deficit.
How fortunate for governments that the people they administer don't think.
Adolf Hitler

When the government fears the people there is liberty; when the people fear the government there is tyranny.
Thomas Jefferson

"Expose yourself to your deepest fear; after that, fear has no power, and the fear of freedom shrinks and vanishes. You are free." Jim Morrison
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