
So, after 22,700-ish cars, and $96 Million, The Cash for Clunkers program has been suspended…
After many kinks in the system, the Car Allowance Rebate System has been halted.
The suspension is potentially caused by a “backlog.”
Developing…
UPDATE: July 31, 2009: Tens of Thousands of vehicles are caught in the red tape of this program.
There have been questions from the very beginning, as to certain rules; such as, does the car need to run?
I did find it odd that social security numbers were not required for participation in the program…
Now, folks, because of this misstep in a relatively simple government program to run, some are worried that the government wouldn’t be able to run a more complicated program like health care.
“If they can’t administer a program like this, I’d be a little concerned about my health insurance,” car salesman Rob Bojaryn said.
UPDATE: The White House says they will keep the program funded.
UPDATE: So, the House voted to move $2 Billion from some program to back loans to the Cash for Clunkers…
Servers down…
So, they really did burn through that Billion bucks in one week…
UPDATE: Chuckie Schumer wants $2 Billion more–for a total of $4 Billion for the Cash for Clunkers…
Now, I have a question, what does the junkyard get out of this deal? They can’t part out the engine or anything…They’re getting shafted…
Read–WCBCTV








