I have been violently opposed to the car company bailout since day one. That said, I was (am) also opposed to cash for clunkers.

First, the bailout didn't accomplish anything. GM and Chrysler still went bankrupt, people dtill lost their jobs, pensions got reduced and you and me, the american taxpayer got a big bill!!

Second, why do we all seem to have our heads collectively up our a--es????

I don't care where the parts come from, when a car is sold, where do the profits go?? If it's not to the US then we're screwed.

Cash for clunkers takes perfectly good cars that are serviceable and somewhat economical and destroys them. The people who need the $$$ most can't afford a new car.

To add insult to injury we (you and I) own 60% of GM and too many of us are going out and buying Japanese, Korean, German, etc cars.

I just bought a new GM car. I want my 60% ownership to be profitable!!