
It's the Environment, Stupid

By Jim Cramer
About this article:
Let's say that President Obama had been on board with this Cash for Clunkers instead of being in the background, letting Congress carry the water. Here's what you would have heard:
"As part of our attempts to get more in line with the progressive nations on earth, we need to scrap those vehicles that use too much gasoline. These gas guzzlers are direct contributors to global warming. We will offer subsidies to crush these cars, subsidies that can be used to buy new cars if people want to.
"The incentive plan is something that is vital for the national interest because we can't raise the CAFE standards fast enough to make a difference. This program is simply the most vital program we have to stop destroying the environment and wrecking our environment for our future. I can't emphasize enough that using less oil is not only important...

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