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Obama: $10 Billion in Taxpayer Money to Help Rich People Buy Terrible Cars

“There is a great deal of ruin in a nation” — Adam Smith

“…especially when ‘ruin’ is the guiding principle behind its economic policy” — Troy Senik’s addendum to Adam Smith

The Obama Administration has come full circle. Back in 2009, the stated goal of “Cash for Clunkers” was to subsidize removing “inefficient” vehicles from the road. Now the administration is op…

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