Cash for Clunkers failing, will Universal Healthcare do the same?

Cash for Clunkers was created to jump start the failing car industry. After the fall of two major car companies, now partially government owned, Obama has been eagar to bring Crysler and GM out of the red. Dealers estimate nearly 250,000 cars have been credited with the enviromental stimulus since Friday. The House is racing to pass another $2billion bill to keep the clunkers coming in and the newer more fuel efficient cars rolling out. While boosting the economy and helping the environment are both wonderful ideas, tax dollars are covering the cost. It's basically a loan from the government, get cash for your car today but tomorrow you will be getting less of that weekly paycheck. The car industry is saturated with subprime finance companies. Could all of these people racing in to trade their paid off cars in on a brand new $30,000 empty debt afford their $400.00-$800.00 new expense? Car's are known for depreciating as soon as you sign your name, unlike houses, cars never appreciate.Could this be a warning sign that maybe the healthcare plan wont survive? I'm sure all American's want to see everyone get the care they need to live a long, comfortable and happy life but is government the answer?

If you are interested in participating in the cash for clunkers program you might want to act as soon as possible. Here some of the requirments:

Your vehicle must be less than 25 years old on the trade-in date

Only purchase or lease of new vehicles qualify

Generally, trade-in vehicles must get 18 or less MPG (some very large pick-up trucks and cargo vans have different requirements)

Trade-in vehicles must be registered and insured continuously for the full year preceding the trade-in

You don't need a voucher, dealers will apply a credit at purchase,Program runs through Nov 1, 2009 or when the funds are exhausted, whichever comes first.

The program requires the scrapping of your eligible trade-in vehicle, and that the dealer disclose to you an estimate of the scrap value of your trade-in. The scrap value, however minimal, will be in addition to the rebate, and not in place of the rebate