Snipped from LiveScience.com.

And here I though our government got it right for once. Cash for Clunkers sounded like a great idea That is until you look at the details.

It seems like the American automobile lobby had heavy influence with this new government subsidy plan — Cash for Clunkers. Trade in your clunker for a more efficient vehicle. Cool, sign me up. Wait, what? The new car only has to get 4 mpg better than the clunker that has to be under 18 mpg. WTF?

This is not going to do anything other than stimulate the failed car company industry. Way to go Obama, more tax money to bail out the flawed and failed wealthy.

Here is a small portion of the article:

Critics say the rules — you have to buy a vehicle that gets just 4 mpg more than your old one — will act as a subsidy for the purchase of SUVs and trucks, rather than putting a fresh fleet of 40-mpg Prius models on the roads, as ABC explains.

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