At first I was thrilled when the government gave me cash to buy a new car. Then I realized I got suckered.
November 13, 2009
I've spent a lot of time this fall cruisin' down the cobblestoned streets of Colonial Alexandria, Va., in my new slate-blue manual four-cylinder Hyundai Accent. (Hey, if it's good enough for Beck, it's good enough for me: "I said, lady, step inside my Hyundai . . .") I bought this testosterone-fueled chick magnet a few months ago with an assist from you, the American taxpayer, using the much-hyped Cash for Clunkers rebate. The hugely popular government-run plan gave participants a rebate of up to $4,500 if they traded in their old gas guzzler for a newer and more efficient car. That was the original idea, anyway, and nearly 700,000 cars were traded in, for about $3 billion worth of kickbacks in less than 30 days. ( Click here to follow Steve Tuttle ).