In a new study, economists Atif Mian and Amir Sufi find that the government’s “cash for clunkers” program “had no long run effect on auto purchases.”

Policymakers should stop trying to “fix” economic problems with short-term gimmicks...

If Obama passes healthcare...

Here's what you can expect:

• The U.S. Postal Service was established in 1775 - they've had 234 years to get it right; it is broke, and even though heavily subsidized, it can't compete with private sector FedExp and UPS services.
  
• Social Security was established in 1935 - they've had 74 years to get it right; it is broke.
  
• Fannie Mae was established in 1938 - they've had 71 years to get it right; it is broke. Freddie Mac was established in 1970 - they've had 39 years to get it right; it is broke. Together Fannie and Freddie have now led the entire world into the worst economic collapse in 80 years.
  
• The War on Poverty was started in 1964 - they've had 45 years to get it right; $1 trillion of our hard earned money is confiscated each year and transferred to "the poor"; it hasn't worked.
  
• Medicare and Medicaid were established in 1965 - they've had 44 years to get it right; they are both broke; and now our government dares to mention them as models for all US health care.
  
• AMTRAK was established in 1970 - they've had 39 years to get it right; last year they bailed it out as it continues to run at a loss!
  
• This year, a trillion dollars was committed in the massive political payoff called the Stimulus Bill of 2009; it shows NO sign of working; it's been used to increase the size of governments across America, and raise government salaries while the rest of us suffer from economic hardships. It has yet to create a single new private sector job. Our national debt projections (approaching $10 trillion) have increased 400% in the last six months.
• "Cash for Clunkers" was established in 2009 and went broke in 2009--after 80% of the cars purchased turned out to be produced by foreign companies, and dealers nationwide are buried under bureaucratic paperwork demanded by a government that is not yet paying them what was promised.

So with a perfect 100% failure rate and a record that proves that each and every "service" shoved down our throats by an over-reaching government turns into disaster, how could any informed American trust our government to run or even set policies for America's health care system--17% of our economy?

Maybe each of us has a personal responsibility to let others in on this brilliant record before 2010, and then help remove from office those who are voting to destroy capitalism and destroy our grandchildren's future!

A veteran - whether active duty, retired, national guard or reserve - is someone who, at one point in his life, wrote a blank check made payable to "The United States of America", for an amount of "up to and including my life." That is honor, and there are way too many people in this country who no longer understand it. -- Author Unknown

How President Obama tries to fool the public

This has been the president's theme: His so-called stimulus package, bailouts for politically connected banks and industries, ludicrously wasteful programs like Cash for Clunkers, etc. have saved America from the greatest disaster since the Great Depression.

But this theme runs up against some rather unfortunate facts...

Success No Matter What

Undercover sting operation exposes "Cash for Clunkers" fiasco

'Milk it, baby – It's free money': You won't believe what happens inside Cash for Clunkers operation

Aside from the overflowing toilets, vomit on the floor, and getting paid for doing nothing (your taxpayer money at work though):

She said the vouchers are "rife with idiotic mistakes by Level 1 reviewers who are rejecting them for no reason at all, mostly because they are not paying attention."

"I am amazed at the number of vouchers that have been rejected in the last six weeks," Willey said. "Many have been rejected and returned to dealers three to seven times! And for no good reason. What is happening here is that the Level 1 examiners are so inept and lazy that, rather than take the time to closely examine and review these vouchers the way that they should, they just hit the reject or approve button without a second thought. That, of course, slows down the whole process and the dealers aren't getting paid by the Department of Transportation. The dealers are frustrated and irate, and make no bones about it when they return their documents that are correct and don't need to be revised. When their documents are returned for revision, they have no number to call or person to e-mail."

Willey told WND that auto dealers were often very good about submitting the eight documents required to receive a rebate, but some vouchers were being sent back because Level 1 examiners failed to hit the "next" button to go to the following page of documents.

She said, "I saw that time and time again. Then the dealers would write back and say, 'It's on Page 2.'"

Willey said a single voucher would be passed around to as many as a dozen workers without being processed.

Stung! Undercover celeb exposes Obama fiasco

Cash for Clunkers: Dumbest Program Ever?

From http://www.cato-at-liberty.org with a hat tip to Carpe Diem:

As the Cash for Clunkers program begins to wind down, I nominate it as the dumbest government program ever. Here is what the program will have accomplished: