Good Old Government Cash
According to several news reports, the Car Allowance Rebate System (CARS), better known as “cash for clunkers,” was suspended yesterday, a casualty of its overwhelming popularity. Apparently bean counters need to verify whether the billion-dollar pot of government largesse is already empty. Meanwhile Congress is scrambling to add additional money to keep this stimulus vehicle running. It was obvious that anyone who wanted to participate shouldn’t delay too long because the program, as initially funded, was bound to run out of money well before its expiration period. But one week? The above photo of the reader board at Parr Ford, a Bremerton new-car dealer, helps explain what prompted some local residents to jump onboard.
Mud Bay Blog 