Well, less than a week into the cash-for-clunkers government handout that was tucked neatly in an emergency war spending bill (car rebates in a war spending bill?), the $1 billion program is nearly out of money. How is this a shock to the administration? If you put out $1 billion dollars in a big basket outside of Washington, I would be surprised if the basket itself would remain after the end of one day. Now Congress is thinking of extending the program by a few more billion dollars… typical. People need to pay attention, this car rebate program is a clear example of how government programs tend to exceed cost expectations… so while the administration pushes a Health Care Reform program that will cost $1 trillion, Americans must realize that this price tag will most probably go up.

Socialism, ladies and gentlemen, does not work. I say it time and time again but the government keeps on taking people’s money and handing it to other people. It is human nature to accept money for free, but there is no free lunch and eventually we will have to pay for it, if not with our dollars then with our freedoms. Do not fall for it.

Update: $2 billion in extra funding approved for Cash for Clunkers program.

-AG