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Is the "cash for clunkers" program a good use of money?
John Grady, If it was really so valuable to get those cars off the road, we wouldn't need this "incentive". The point remains that people are being pushed to make purchases they would not otherwise have made with a relatively paltry incentive, and unlike the homebuyer credits we can't even use the excuse of fixing the root cause of a recession. All the rest of your babbling gas math didn't change one bit because of this program. The natural incentives were always there. I thought of another problem - teenagers looking for first cars could find themselves facing a shortage of cheap used cars. They get shafted again - just like when minimum wage increases during a recession priced them out of work in lower cost-of-living states. And of course, at the end of the day all the same arguments about government telling us what's best for us apply. But now for the gigantic hole in your post: John Grady wrote: married couples with two cars, one rather old and another one
Wall Street Journal

Colorado Committee Evaluates State`s Workers` Comp Insurer Pinnacol
A special committee of Colorado lawmakers is evaluating Pinnacol Assurance, to examine what role the state should have in managing the quasi-governmental workers' compensation insurer's business. ...
Insurancejournal.com

S.C.’s top banks lag in lending assistance - The State
The two most-dominant banks in South Carolina — Bank of America and Wells Fargo — got low marks in the first monthly report card on the Obama administration’s plan to stem the forecl...
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