The Cash for Clunkers Boondoggle
56Nothing like buying someone else's car
Have you purchased a new car recently? If so, have you enjoyed either helping others buy their new cars? Or have you been enjoying others buying your car for you? With $3 billion now into this boondoggle, the "Cash for Clunkers" program has been in full swing. The automobile industry may love it, but as a taxpayer, I detest it.
Sorry people, but a new car is not a necessity, it is a luxury. Just because your car is older and may get a little worse gas mileage than you would prefer does not entitle you to government money. I see nothing in the Constitution that gives the government the power to authorize such expenditure of public money. And yet we are paying for people to have the luxury of a new car.
One part of the Cash for Clunkers catastrophe that falls under the "law of unintended consequences" is (as I just read) that the price of new cars is being driven up because of the lack of a need to discount prices to attract customers.
A second consequence is that the cars traded in for new ones have to be destroyed under the law. Good, older used cars will not be available to the less fortunate or those who do not have the budget for something newer. As long as the populace in general is getting hosed on such a boondoggle, lawmakers could have had the charitable foresight to give away these used cars to the less fortunate. At least then, welfare recipients without a car could wake up before noon and have transportation to go find a job.
The original Cash for Clunkers program was supposed to last all summer and only require a $1 billion budget. Now they are two billion dollars over their original budget. Are we sure that we want the same people who could not run such a simple program like this to be in charge of our health care system, as well?
What is the bottom line purpose behind the Car Allowance Rebate System (Cash for Clunkers, as it is called)? Control. When more money is taken out of your pocket and redistributed, it is control over your life. If you look to the government as your supply, then you will tend to re-elect those who gave you money. This principle transcends all levels of government. Follow the money trail and it is always shows the hidden agenda.
To continue on the idea of a hidden agenda, I was watching a news report that users of the Car Allowance Rebate System web site (CARS.gov) must agree to a term of use that says you agree to give up ownership of your computer. You actually have to agree to the fine print stating that your computer has become part of a government computer network and that the computer is now under the ownership of the US Government. A software application gets installed on your computer and you agree that all files on your computer are accessible by the government. Hey, I don't make this stuff up. I just report what I have read and seen.
I don't know about you, but that is just Big Brother at work. For the $4500 or so in the form of a rebate, I am not willing to totally relinquish my cyber privacy and allow any jack booted brown shirt to come from the government to claim my personal property as that of the government.
One way to ponder the $3 billion for CARS is that though it is a pittance compared to the overall national budget, it is huge when put into perspective locally. The 3 billion dollars is 15.789% of our entire North Carolina state budget. We certainly would not have a $900 million tax increase with that sort of money added to our state budget instead of being blown on new cars. Also, more people would have directly benefited. Three billion dollars is 174.446729115106755 times the entire annual Town of Selma budget.
Before I pop a blood vessel thinking about how our tax dollars are being spent, I need to wrap up this week's column.
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In what Bizarro world is this a Keynesian success? Your definition of success is hardly accurate, apparently. Keynesian economics has failed every time and everywhere it has been tried. This is nothing more than the raping of the public treasury for the purposes of grabbing power.
I'm not sure you know what Keynesian economics is. And it certainly has worked. How do you think the Great Depression ended? Even if you'd like to argue that the Keynesian New Deal had nothing to do with it, then you'd be arguing that it was World War II. And what is a war to the economy but a great big infusion of government cash?
I do indeed know what Keynesian economics is. The Great Depression was not ended by Keynesian economics, it was PROLONGED by it. I favor Austrian Economics and Ludwig von Mises' philosophies.
Prolonged? Is that a fact? Then what ended it, because, as I said, if your answer is the war then your just being a Keynesian again.
--- "Prolonged? Is that a fact?" ---
Yes it is. What ended it? Free market correction.
Doggone Hubpages keeps cutting off comments and have to redo them.
Free market correction? You mean, the kind where the government takes even more extensive control of the economy due to World War Two, and the economy proceeds to recover?
No, I mean the type where the free market had already started to correct the economy prior to WW2. Government intervention by definition is hardly free market. It has been estimated that without any government intervention that the Great Depression would have been over in a matter of a couple of years had the government done nothing and simply allowed market forces to deal with the economy. Unfortunately, we had established the Federal Reserve by then and had begun the slide down the slope of unConstitutional legislation.
If you can quote me just one passage from the Constitution, in its context and in alignment with original intent that allows for Keynesian economics, I will gladly concede the point. Since you shall not find one, I rest assured that I shall concede nothing. By the way, I teach the Constitution, history, and original intent issues.
That is crazy! Giving up ownership of your computer over a rebate? Wow... definitely take time to read the fine print... and what if the buyer doesn't have a computer? There are those out there.
For those without a computer, the auto dealerships take care of all application, so I am told.
I have been looking at CARS.gov, and could not find the 'fine print.' Is it under 'Official Information?' Everything listed under 'official Information' has to be down-loaded, and that is something I would rather not do.
The news report I saw said that the terms came when you went to download, so that is consistent so far. Like you, I am not going to find out for myself. I went as far as you did and refuse to look further for obvious reasons.












Strophios says:
4 months ago
"Boondoggle"? How about an unqualified success of Keynesian economics?