Lot’s of people think it was a total success.
But if you’re an American muscle car enthusiast, the Obama “Cash for Clunkers” program was not a good as it sounded.
First, as you may have read, many new car sales were for imports, in fact, I’ve read it was almost 85%! This means all those profits zipped across the oceans to Germany, Japan, Korea and France. Not good.
Next, recent numbers exposed the sadder part of this wonderful deal: it cost taxpayers $24,000 per car sold! That is absolutely ridiculous! And people are congratulating each other and the president for that?
Finally, let’s take a look at the toll it took on our potential resto projects. What will our kids find and rebuild as we did when we were kids? There are 700,00 old cars out of circulation now, but the list below is the saddest part of all of this:
1,611 Mustangs were crushed – (one of them was an SVT Cobra and many were GTs)
2 Roush-equipped Stage 3 F-150 trucks are gone.
2 Chip Foose resto-mod F-150s. (Are you kidding me???)
3,000 Thunderbirds (some were Super Coupes and Turbos – even an ‘05 2-seater!!!)
107 Ford Taurus SHOs (Special Vehicle Ops at Ford are probably sick over this!)
But let’s look at the General!
131 Chevy Corvettes! (34 of which were ‘verts. Who could crush a Vette? Are these people NUTS???)
1,000 Camaros (1984-2000 – Think we lost any IROC Zs? I certainly do.)
1 Buick GNX - A collector’s prize…gone.
1 20th Anniv. Trans Am (plus hundreds more F-body Ponchos!)
61 Fieros
This is really bad: it really saved the planet and juiced our economy didn’t it?
I am so pleased with Obamas performance thus far. (Not.)
1,000 Camaros are crushed… and unemployment is about to hit 9.9% as I write this.
I’ll be back next week!
Modern Survivalist: The world is changing. Maybe we should all prepare for “different times”?
I recommend this site.
