There is a New Bailout on the Horizon

If I go to Galpin Ford (Ford is the only private US car manufacturer left) to buy a new car, the government will use your credit card to add $4,500.00 to my down payment. All I have to do is find an older car and turn it in as a “clunker” to be destroyed.

To do this one has to go on a government website to declare it. Just now on the Glen Beck program; if you click “accept” on the “privacy” button when on the government clunker program you agree to the following (I am paraphrasing), that since you have accessed a government computer your computer and all current and future data on it is the property of the Federal Government and as such the government has a right to its content.

Not only is the government spending taxpayers money, of witch there is none (that’s where the credit card comes in), it is encouraging people to get further into debt, since the balance of the price will be a bank loan. Remember what happened when the government encouraged people to get further into debt by buying houses they could not afford? We had a mortgage meltdown and the banks got bailed out with taxpayer money. I see people defaulting on car loans and banks begging the government for a new bailout and we get more socialism.