the cash for clunkers program is a simple yet effective and very smart program. over 700,000 old polluting,gas guzzling clunkers taken off the roads and replaced by new, fuel efficient, less polluting vehicles. 45% of the new cars are big 3 cars.this is jobs all up and down the chain.toyotas and hondas sold in the program are madde in the usa.
cash for clunkers saves lives. get a new vehicle with airbags,antilock breaks etc.in short it stimulates auto sales.makes us more efficient and safer. only backwards looking worn out old republicans oppose these programs. many other countries in the world do this. not just us,we must also keep up with the rest of the modern world. there are many instances where the governmet must protect us from ourselves. i.e. seatbelt laws. child restraint laws. etc. ron paul is an idiot.....idiot. these people and all who listen to them want to drag us back to the dark ages where people believe that a 500 year old man built a giant boat and put all the life on earth in it.

turn off fox news and your life will change.

So your country going bankrupt = a good thing then? As long as there are newer cars on the road it's all good.

Something like this may be a good idea but if your country can't afford it I don't see this being very smart. You may think it's awesome now but in 10 years it'll be this and 100 other programs like it that drag your economy down.

First off, I like Ron Paul. Even though I disagree with most everything he says, he is a principled libertarian - and I respect that.

Here though, his argument makes so sense. His analogy of the store owner is way off base. Its as if the store owner went out and gave people money, and in return, they spent TWICE as much in his store. Its not like the government is subsidizing the whole cost of these cars. The automakers ARE making a profit on this.

The Cash for Clunkers program is one of the best stimulus bills to be passed. It stimulates the economy AND helps the environment.

If this program was supposed to do what it says, it would allow people to buy any efficient car made in the last 5 years. People driving +10-year-old cars are either quaint millionaires or can't afford full auto insurance (easily $350 a month) and a $500 monthly payment for a new car.

The Treasury logo should be changed to a magician's hat with the Monopoly guy throwing money out of it. CROOKS ALL!

wow, who the hell pays 350 bucks a month for car insurance????
ron paul is an idiot. isnt nasa in texas? lyndon b johnson space center, hey texans,give it back.
fort hood is also in texas,largest post in the usa. wonder if that stimulates their economy??
how about fema?? next time a hurricane wipes out huoston, dont call uncle sam. just secede !! and republicans suddenly wanting to fiscally responsible is ..just..i cant describe it. omg these people are hysterical if only they were'nt running the country.
ron paul is not principled,hes old and confused.
if i give the consumer a 4000 dollar tax break,hes buys a new car or house, then i get my payroll taxes from all the employed people. but if no one works or buys cars,or houses, i get nothing, but have to fork out unemployment. see? its simple. so simple even dr paul SHOULD get it. these programs are vital to pull us out of the tailspin caused by dr paul and his republican friends. obama is just cleaning up their mess.

turn off fox news. seriously.

Poor Uncle Ron, living in a 19th century utopian fantasy world.

There is an economic logic to it.

If were to cost the economy an extra $1000 per year for each low MPG car on the road, then the Cash for Clunkers program pays for itself in X number of years.

Every case has to be judged on the details, including Cash for Clunkers.