“Where Being Conservative Means You'll Need To Keep It Secret.”

Browse > Home / Economy / Barack Obama – The Best President Japan Ever Had

Barack Obama – The Best President Japan Ever Had

August 17th, 2009 Posted in Economy

passing Corolla Verso

From Dick Morris – H/T

Top Ten New Car Purchases In The Cash for Clunkers Program:

  1. Toyota Corolla
  2. Ford Focus FWD
  3. Honda Civic
  4. Toyota Prius
  5. Toyota Camry
  6. Ford Escape FWD
  7. Hyndai Elantra
  8. Dodge Caliber
  9. Honda Fit
  10. Chevrolet Cobalt

2 Fords (last free car company), 1 Dodge and 1 GM… an, oh yeah – Only 14% say it’s very likely they will buy an electric car within the next decade. Bodes well for GM’s Volt.

The best part is why Obama couldn’t force people to buy Government Motors cars:

It is a violation of the World Trade Organization rules to enact a public subsidy program and skew it toward only domestically produced products, so the Congress has no choice but to extend the program to all comers. No choice, that is, (except) to not spend the money in the first place.

The only part of the stimulus program that is working, the cash-for-clunkers program is, in reality, a subsidy to foreign car companies, proving that Barack Obama is the best president Japan ever had.

And to add insult to injury, The federal government has only reimbursed auto dealers for 2 percent of the claims they’ve submitted through the popular “cash for clunkers” program. Maybe because they are mostly foreign dealers? It wouldn’t be the first time the Dems broke contract law.

Makes you wonder why his approval rating has dropped a third in 8 short months. Interesting take on “We have to face that the president is not an honest guy”.

obama_total_approval_august_16_2009

Creative Commons License photo credit: *MarS

Leave a Reply