Friday, March 27, 2009

"Scrappage" Bill Introduced in Congress


The "scrappage" bill (officially the CARS bill: Customer Assistance to Recycle and Save - HR 1550) is all about buy backs. Anyone familiar with gun grabbing maneuvers will recognize this immediately. It's basically a buy-back bill for cars instead of guns.

Likely it will have the same result that most gun buyback programs in various cities and counties have had. Namely, every old, useless, pile of crap in existence will get traded in for top value.

So, if you've got an old, crappy, rusted out Plymouth in the back yard, Representative Betty Sutton has a plan for you! Get rid of it at top value by trading it in for a new, fuel-efficient (they mean "27mpg or better"--marginally fuel efficient by today's standards) car and get up to $5,000 in incentives!

Yep, that pile of rust that was worth $100 at the scrap yard is now worth five grand!

Hoodley hoo!

When are these morons in Washington going to realize that they'd do much more to help the economy and auto sales if they'd just throw out the personal income tax altogether?

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