Diary

Cash for clunkers ... the next chapter

Just wait until the next chapter of the Cash for Clunkers is released.  Someday we will see the details of the actual cars bought under Cash for Clunkers be released?  The irony will be the vast number of small Toyota’s, Mazda’s and Kia’s that will be bought.   My neighbors traded in their ten year old minivan to buy a Mazda 3 for their teenage son.  They had been shopping for a used car but decided they might as well buy a new one since the government would fund 1/3 of the cost!

I expect it will take FOIA requests to pry these details out of the Obama Administration so we have another Friday document dump to look forward too.  It will be so amusing to see how little market share Obama Motors and Chrysler Government Cars Inc. secured.