Posted on 08/04/2009 12:48:46 PM PDT by khnyny
Economists can argue back and forth in the media about the effect of big government programs such as the stimulus package and Obamacare but few things have illustrated government waste as effectively as this disturbing YouTube video in which a well running Volvo engine was destroyed as part of the Cash for Clunkers program. This video is currently going viral on the Web and has sparked outraged comments from many people whom I suspect have previously remained somewhat uninterested in the often elusive topic of economics. However, the wasteful destruction of this car seems to have awakened an economic sense of revulsion to an extent rarely seen before.
Here is a sampling of their YouTube comments which are in sharp contrast to the glowing praise of the Cash for Clunkers program prevalent in the MSM:
(Excerpt) Read more at newsbusters.org ...
The people to be mad at are our elected representatives who passed this thing. There are a lot of industries out there hurting right now, including hospitality and retail which are big here, who decided the auto industry gets a subsidy but they don't???
That video is vaguely reminiscent of AlQaeda demonstrating how to chop off an infidel’s head. A car is not a human, duh, but this stuff has a creepy quality to it.
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