White House will be Shocked! People need help to make car payments!

Cash for Clunkers helped some people that could never come up with a down payment for a new car - to qualify! Does this sound similar to the housing mess? BTW - Houses are still being sold with no money down! In a few years (perhaps less than one year) Congress and the White House will be shocked to see that people may lose their new cars because they cannot make the payments.

Here is a headline from today that sets the stage.
BBC HEADLINE
August 25, 2009
The US budget deficit will soar to almost $1.6 trillion this year, the highest on record, both the White House and Congress have warned.

You have to love this! Who are the White House and Congress warning? THEY created the budget! They are the ones that needed ‘warning’ and now they act as if this is an act of nature, like a potential hurricane!

In the future, people will write books that explain how the United States led the world to mortgage the future in order to have it all now! We continue to be taught that the tax payer must pay more and more so that our every whim may be granted.

We are only guaranteed the pursuit of happiness. Stop taxing me and my grand-children to deliver happiness. The marvel of America is that anyone can work, study and advance! The curse of many countries is that they tax the middle class into extinction in an attempt to provide happiness. Government should provide opportunity.

We continue to buy cars and homes we can not afford. We can’t even afford the down payment. I wonder if the people at the White House, Congress and supporters of these programs are rehearsing looks of shock, surprise and dismay for the time when the people purchasing new cars and homes with tax dollars as their down payments - can no longer make their payments! Will we have another bail-out to keep these people from losing their new cars and homes? Will we again hear that these poor unfortunates were victims of the system, did not understand the long-term debt agreements? Will we borrow another ten trillion to help them?

Who will pay all of this money back when it is due? So many people think ‘the government’ must provide for their needs and their desires. They really do not understand that the ‘government’ does not pay for anything. We, the people, pay! Of course their confusion is understandable. After all, we decided it was unfair that the unemployed did not receive a refund for over-payment of income taxes and began sending those that did not over-pay income tax - refunds!

We have stepped through the looking-glass and nothing is real.