The Real Issue With "Cash For Clunkers"

Every retailer has promotions to increase sales; even those that go to market with an every day low price approach. Typically though, these retailers utilize their own funds, or promotional funds provided by their suppliers to pay for their markdowns. Most Sunday newspapers are full of ads designed to generate foot traffic and sales. But at what point did it become fashionable for the U.S. Government to use my tax dollars and yours as promotional funds to stimulate one segment of our economy? Especially when one considers that the Government owns two thirds of the segment they chose to stimulate?

Just another example of a government out of control. One has to wonder if GM and Chrysler will be able to operate under the same profitability program as Am Track and the Post Office? Will they be allowed to continue to operate at a cash flow deficit funded by tax payer dollars? Will the Car Czar continue to create promotions for the auto industry funded by tax payer dollars? Will the next promotion be limited to GM and Chrysler products?

The American people should demand that our Government exit all industry in which they have involvement at once, beginning with Chrysler and GM. Directly followed by the banking industry, followed by AM Track, followed by any involvement in the mortgage lending business, and never be allowed to have involvement in health care.