If they have already gone through the one billion dollars at $4500. per clunker that would be more than 222,000 cars turned in and 222,000 new cars sold. That seems like an awfully high number of cars.
I agree, and I don’t think I buy it. They won’t show how the money is being accounted for or paid out or earmarked for this or that buyer, etc.. There’s a complete blackout on the accounting end at the fed level. Why? There is no way for any given person or entity except congress to verify where this money is going or how much is actually being utilized for the claimed purpose. I’m made even more suspicious by the fact that less than 10% of the stimuloss money has been expended and repaid TARP funds are being recycled to more “investment” outside the U.S. Treasury function.
Absent truthful, accurate and real auditing by an unbiased outside authority, nothing that has been spent or claimed to have been spent has any validity and there is ZERO transparency. This alone should provoke riots in the streets, but we, the docile, tax=paying Americans just sit here doing nothing. As far as we know, billions, soon to be trillions, are being stolen and given to pet groups as ‘reparations’ which the Marxist-in-Chief and his ugly wife refer to as “social justice”. Ordinary, middle-class white Americans are being divested of our wealth at an alarming rate, and I see little difference between ostammer and Mugabe or Mandela in terms of divesting and disenfranchising whites.