So talk about shell games. Obama's "Cash for Clunkers" program. What did it accomplish? More people went into debt to buy "fuel efficient" new cars, with the implied belief that gasoline or hybrid cars will be still viable transportation in 6-10 years. They turned in cars and trucks, that probably were still functioning and repairable, many that the consumer himself could maintain. "Clunkers" also had the added value of being used for parts. So car companies got some revenue. People got some hope, but hope be damned when unemployment increases, and there's still a car payment to be made. So cap and trade goes through, and the cost of driving a nonelectric car doubles, conservatively. And if this happens within 10 years, some folks are still making car payments on cars they can't use. Those that aren't can't sell what they have. Does this sound like the old housing bubble? It should, cause it was just that. Another bubble. Short term profits, long term woes.
Now watch for the next bubble. Each time, working Americans become poorer. Each time another excuse to mandate funds from who, to who?