Cash for Bankers, then Cash for Clunkers, next up Cash for Doctors

The economy was in a tailspin and financial markets were frozen. Those were the headlines months ago and so to make sure that things returned back to normal, the government rushed through the Cash for Bankers programs. This program included $700 Billion for banks without any strings.

Just a couple of months ago, we had the Cash for Clunkers program. The automotive manufacturers were dying and needed some help in the sales department so a vehicle retirement program was quickly put forth that would allow anyone with a car that was worth less than $4500 to essentially trade it in for a new car. Three billion dollars chump change in comparison to the Cash for Bankers program was quickly found and allocated.

Coming up next: Cash for Doctors. With the Public Option defeated in the Senate, and an obsession with universal coverage; the Obama administration is about to make sure that the Cash for Doctors program becomes law. Fortunately, nothing changes until 2013. Giving us enough time to kill this program before it gets off the ground.