Then it was quickly 'revived' with a $2 Billion injection because it was such a 'success!' Who knew giving away money would be popular?

To me it represents keynesianism at it's worst, government collusion, corporate welfare, the broken window fallacy, utter contempt for people who can only afford 'clunkers,' stimulating the accruence of more debt (both public and private), and a completely idiotic attempt at "decreasing carbon emissions."

On it's goal of reducing inefficient cars, I heard someone explain the plan as: crushing the cars using fuel, transporting the crushed cars on a freight train using fuel, shipping the metal over to China on a boat using fuel and finally melting the metal down so China can make Hummers (a company they just bought from us) and then selling them back to American consumers. I guess that's a success in the governments eyes?

Next up, healthcare!