We note today that the celebrated — and apparently highly successful — government-run “Cash for Clunkers” program, in which you could get up to $4,500 dollars for your trade-in vehicle to apply towards the purchase of a new car, ran through approximately 1 billion dollars worth of funding in only 4 official days of existence.

…After probably some of the quickest action ever seen in the House of Representatives — and much gnashing of teeth and wailing by almost every single member of the Michigan delegation — 2 billion more dollars was quickly authorized to keep the car buying pumps primed. Naturally enough, the Senate seems to want to deliberate a bit before committing to the reprogramming of that money to Cash for Clunkers, with Senator John McCain threatening a filibuster over any further funding moves.

We wonder how the Democrat-led government — supposedly composed of what much of the mainstream press is fond of calling “the best and brightest” — could have so badly misread possible demand, nor had a plan to account for such an occurrence were it to happen. If this is an indication of what bureaucratic pitfalls might await any new government-designed and led health care plan then we shudder to think of the consequences.

…What we worry about, though, is a seeming inability of the federal government to run much in the way of the Troubled Assets Relief Program (TARP) and the stimulus program –which so far has only spent 67.4 billion of the 787 billion dollars obligated, failing to move the economy even a micron for all intents and purposes — or what possible malfeasance would occur should the government become deeply involved in our health care.

(Excerpt) Read more at entitlementsyndrome.com …

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