Nuts. Cash for Clunkers Passes Senate.

Just heard that cash for clunkers passed the Senate as part of the wartime spending bill. The good: It got cut from $4 billion to $1 billion. The bad: It’s almost certain to become law now. Still looking for a bill number so we can get the exact wording to see if the 25-year exemption made it through the Senate.

Also, thanks to Consumer Reports, we have a list of vehicles most likely to be turned in and crushed as part of this program. Some might say so what to the Ford Aerostar and Isuzu Rodeo, but a number of those on the list (Jeep Wrangler, Pontiac Firebird) can already be considered collectible cars, and many more can be considered potential collector cars. This right here is why we oppose any cash for clunkers scheme, regardless of how much bite it promises.