Cash For Clunkers

Japan is now running its own stimulus plan designed, in the midst of a marketwide slump, to boost sales of fuel-efficient cars—and the rules shut out all U.S.-brand vehicles.

WARNING:GRAPHIC VIDEO CONTENT! On the surface, it appears that I (and I was not alone) was wrong about the "Cash For Clunkers" deal. I really didn't think that so many people actually had vehicles that would qualify. However, in the final analysis, will CFC be a boon to the economy, or is it just another political farce cooked up by the Democrats to win friends and influence people?

Well, it's official. "Cash For Clunkers" is now law—only it's not called that anymore. Now it goes by the tidy name of the "Car Allowance Rebate System," so that it could have the cutsey acronymn of CARS. I wonder how much our taxpayer money went to the Ad Agency hired to come upwith that.