‘Cash for Clunkers, Chunkers, Lunkers, Punkers, and Spelunkers’

Stoos Views Exclusive: The Great Obama Giveaway Program Continues


imageIn an effort to explain his controversial federal ("Spend Money Like a Drunken Sailor") stimulus policy, President Obama invited the most respected financial reporter in America--Stoos Views own Hugh Betcha--to the White House this week for a private interview. Touting the "success" of the "Cash for Clunkers" program, through which the federal government takes $4,500 from the pockets of taxpayers who do not need new cars and gives a $4,500 rebate to taxpayers who were likely to purchase a new vehicle this summer anyway, Obama was met with skepticism by the reporter.
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