Turning Japanese: Cash for Clunkers data in…

This is basically an excuse for me to play this song :) Ed has already broken down all the data for us over at HotAir:

The Obama administration spent three billion dollars subsidizing the destruction of 700,000 vehicles in order to boost car sales.  Which auto makers actually benefited from these American tax subsidies?  Reuters reports that foreign car manufacturers gained market share, while the two bailed-out American automakers lost significant portions of theirs in the big summer sale…

The majority of cars crushed were American models like the Grand Jeep Cherokee  :(   I love my Jeepster! I still wish they had given vehicles to charity, it wasn’t making a meaningful impact on ‘greening’ to destroy them….the worst was seeing the video of a corvette killed…. awful…

The Vapors courtesy of Emmanuel123454321; Corvette murder courtesy of dcartjr

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August 27, 2009. Tags: , , . Politics.

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