All I’ve heard since last week was how the woefully underfunded Cash for Clunkers program needed another $2 billion to keep it going. This had to be done RIGHT NOW since it was such a wildly successful program. I heard more than one analyst tell me it was a key cog to kicking the economy back in gear. For those unaware, the Cash for Clunkers program gives you money for your outdated clunker based on the greenness of what you are trading it in for. People went crazy and rushed in to get rid of their gas guzzlers in an effort to save the environment, the economy, and of course, themselves some out of pocket cash. The reason people here are telling me it needs to get a lot more money RIGHT NOW is because it’s creating jobs in Michigan. So, I finally was made privvy to how this program is actually going. We all know they are selling all kinds of cars. But, what cars are they? Given that we had just shelled out a few billion dollars to save GM and Chrylser, I figured there would be some icentive to buy American. Where are the jobs being created? Obama promised Michigan and Indiana he’d fix all their problems.
Let’s look, shall we?
| Rank | Vehicle | Mileage | Manufacturing location | Co. Hdq. |
| 1 | Ford Focus | 27-28 | Wayne, Michigan | USA |
| 2 | Honda Civic | 24-42 | Canada | Japan |
| East Liberty Ohio | ||||
| 3 | Toyota Corolla | 25-30 | Japan | Japan |
| Brazil | ||||
| Canada | ||||
| China | ||||
| India | ||||
| Indonesia | ||||
| Malaysia | ||||
| Pakistan | ||||
| Phillipines | ||||
| South Africa | ||||
| Taiwan | ||||
| Thailand | ||||
| Turkey | ||||
| United Kingdom | ||||
| Venezuela | ||||
| Fremont, California | ||||
| 4 | Toyota Prius | 46 | Japan | Japan |
| 5 | Ford Escape | 20-32 | Ohio | USA |
| 6 | Toyota Camry | 23-34 | Georgetown, Kentucky, USA | Japan |
| Japan | ||||
| Australia | ||||
| Russia | ||||
| China | ||||
| 7 | Dodge Caliber | 22-27 | Illinois, USA | Italy |
| 8 | Hyundai Elantra | 26-28 | South Korea | South Korea |
| 9 | Honda Fit | 29-31 | China | Japan |
| Brazil | ||||
| Thailand | ||||
| Japan | ||||
| 10 | Chevy Cobalt | 25-30 | Ohio | USA |
Of the bailout monies, only the Chevy Colbalt is on the list. Of the American made and owned, Ford does quite well, placing two cars, Chevy makes it three. Japan however clocks in with five cars our clunker money is going to. South Korea and Italy round out the clunker cash. However, this clunker cash is susbidizing countries all over the planet. Including, of course, Venezuela. Some cars such as the Prius and Elantra, are manufactured completely abroad, and all the profits go abroad.
That’s what your tax dollars are doing with the Cash for Clunkers program that needs another $2 billion RIGHT NOW. I don’t know exactly what the percentage of the Cash for Clunkers program actually benefts US bailout companies. Obama’s super-transparent administration refuses to release those numbers.
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[...] There’s no law that tells businesses they have to buy domestic. Even with Obama’s Cash for Clunkers program, most of that money went to buy foreign made cars. Sure, some of them were manufactured in the [...]