So we have been clunked.. correct me if I am wrong but here is how I see it. Mr. Obama just gave a bunch of our taxpayer dollars away to help boost the clunked automotive industry which the government needed to do because we would not approve an auto industry bailout because we recently bailed out all of the banks. Please hear me out..

So the auto industry promotes a $4500 “Car Allowance Rebate System” which is the foundation and formation of “Cash For Clunkers” up to $4500 for your clunker http://www.cars.gov

Now not to be mean or anything.. But there is a reason why people drive clunkers. They drive them because they can’t afford to make payments on newer model vehicles. Didn’t we learn from the home mortgage loans that could not be paid back so many homes where foreclosed on?

Here is what I see happening in the very near future.. All of the people who cashed in on the cash for clunker proposition that Mr. Obama our dearly beloved president whom most of you adore will soon be having those vehicles repossed because they can not afford to make the payments on the vehicle that they traded their clunker in for. Yes, $4500 is allot of money but once that car payment falls behind say 60-90 days those people who cashed in will soon wish that they still had their beloved clunker still parked in their yard.

Now is the time for the repo man to make a ton of money. Now will be the time for the creditors to start calling the people that could not keep up on that clunking payment. I personally think that the government could see that this plan clucks and should have never approved the spending for such a clikky bill. Let me know your thoughts.

Malcom Chakery