Originally Posted by Rekna

If they allowed uninsured undrivable cars to be traded in everyone would go to the junkyard and buy some scrap to trade in. Though I do think the program is allowing some vehicles that are a bit to night be to traded in.

---------- Post added at 07:58 PM ---------- Previous post was at 07:52 PM ----------

I think it is funny that all conservatives every clamor for is tax credits and tax breaks. This is essentially a tax credit which needs to be used in a very specific way. Do you complain about how much the tax credits pushed by the conservatives will cost?

This is essentially a tax credit that people can CHOOSE to participate in. If someone is wants to take advantage of this program than they have to live with the consequences of it (higher taxes, car loan, etc). The fact is they CHOSE to participate in it. The reason I like this program is that it provides incentive for the public to spend in order to help get the economy moving again. What happened to the rights trickle down theories that they have been pushing for years????

In my opinion subsidizing purchases for the consumer is a lot better than subsidizing bonuses for the bankers and insurance companies....