Car dealers were told they will be repaid under Cash 4 Clunkers (C4C) in 10 days. Car dealers all across American have now been waiting over 3 weeks.
This is killing dealer cash flow and crippling some dealers. Many dealers are waiting on $250k and some dealers are waiting on millions, none of them knowing when they will get paid.
This is just another example of why people should want small government.
Warning Rant Ahead:
First of all this idea was a Liberal Pinhead idea, let’s throw away perfectly good cars and to give people more money than their cars are worth in order to get them to buy new cars putting them in larger amounts of debt that they cannot afford that may ultimately lead them to foreclose on their house creating a larger home crisis further negatively impacting the banks that in turn hold out their hands for more bail out money that this government will freely give out, leading to higher taxes and less money in YOUR pocket.
When will the madness stop? When will the car dealers get paid? Will it be before they go out of business? Could this cause more car dealers to fail? Does the government want them to fail?
Car dealers across America are saying:
“Say it with me now SHOW ME THE MONEY” – Jerry Maguire
Todd the surfer
Other posts on C4C
“Cash For Clunkers” Hidden Wealth Redistribution
Cash For Clunkers – “Need Money Will Steal From Tax Payers”












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AutoNation pulled the plug on the program 3 days early. Not a vote of confidence!