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No Credit, No Problem! Congress to Vote on $2 Billion More Flowing to “Clunkers”


No Credit, No Problem! Congress to Vote on $2 Billion More Flowing to “Clunkers”

Just when you thought it was safe to go outside, Congress, on the day it is supposed to recess for basically the entire month of August, will vote to funnel another $2 billion dollars into the “Cash for Clunkers” program after it was discovered that the monetary fuel tank that was keeping it running ran dry yesterday.

Confusion reigned supreme while dealers worked to figure out what the situation was. Some dealers have dozens of cars they have taken in and have been struggling to complete the rumored five hours of paperwork for each transaction.

We’d keep going but the veins are already popping out of our forehead and we’re having trouble seeing straight.

Read more from Bloomberg.com if you dare.


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