Cash for Clunkers: FAIL

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Some may know that I put in a fair amount of time doing odd jobs at an used car lot. Lately, there has been speculation about the Cash for Clunkers program causing used car dealers to lose a lot of their potential business. Not only would it take away their incoming inventory, but also their customers. This kind of thinking ended today at around 11:30 this morning. Calls started flooding in from people that had just been to the dealership and found out that their car did not qualify for the program. Surprisingly enough, this isn't a total loss for the used car dealers. Many people do not qualify for the $4,000. Loads get turned away because their 'clunker" doesn't meet weight requirements, or the ne car they chose is not fuel efficient enough. Another problem with the system is that additional funding for the program has not been approved yet, but the dealerships continue to offer this program. Bottom line: This program was not thought out at all. There is not nearly enough money to fund all of the rebates that people have applied for, not to mention that this is just a poor attempt to "Go Green", which is total bullshit. Anyway, this is going to come back to bite someone in the proverbial ass. Hopefully, the decisions by the government in the future will not cost nearly as much as the ones that have been made since the Recovery Act of 2009!