It’s the same with the first time home buyer’s tax credit (at least that’s what I’m hearing.) No money is forthcoming, to those who applied for the credit, or to the banks who let the homeowner use it to help with the downpayment and closing costs (http://www.rocklintoday.com/news/templates/realestate_california.asp?articleid=7655&zoneid=48).
The ONLY thing The Marxist Onada cares about are the votes he “bought” by giving free money to people who didn’t deserve it.
Did Onada ever say anything about actually paying out the money? Who would be stupid enough to buy into a program that is dependent on gove’t funding these days?
OK, OK the stupid homeless guy or gal may not be aware that federal and state treasuries are broke. But surely one would expect business people—even car dealers—would understand THERE IS NO MONEY.