Thursday, February 25, 2010

Cash for Caulkers - Another Stupid Idea. . . .

According to Gregory of Yardale at moonbattery.com:

The President-who-never-had-a-real-job-in-his-entire-life decided it would be a good idea to borrow/print $5 billion (maybe up to $23 Billion) and spend it doing something people are perfectly capable of doing for themselves without Government Money: Cash for Caulkers. So far, it's been about as successful as any other government program, which is to say its wasted oodles of money for almost no result. Bureaucratic red tape combined with Obama's edict that union wages be paid to home repairers has resulted in less than 10,000 homes being weatherized at an average cost somewhere north of $57,000 per house.

And that's just the beginning. Australia's version of Cash for Caulkers resulted not just in scam artists getting rich by ripping off the taxpayers, it actually killed some people.

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WTF? More government waste. . . .

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Read Australia's fiasco cash for caulkers program:
http://blogs.news.com.au/dailytelegraph/timblair/index.php/dailytelegraph/comments/bait_batts/
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