Besides, the government is already out of money for this plan:
Reported by John Matarese
Updated 7/30/09
UPDATE: The Detroit Free Press is reporting Thursday night that the Government is suspending the Clunker program because it is already out of money, based on the thousands of trade-ins dealers have been making.
Some dealers report they have already done 50 clunker trades, giving all 50 customers a $4,500 credit.
