Dave Ramsey Laughs at Obama Claim that "Cash for Clunkers" is a Success - Video 8/5/09

Here is video of Dave Ramsey on Fox and Friends laughing at the claim that Obama's "Cash for Clunkers" program has been a success. He said it abviously has not been, and said it is another example of "government stupidity."

Ramsey said the most offensive things about it is that taxpayer money should not be used to buy other people cars. It is actually going to harm many Americans because it is luring people who cannot afford a new car to buy one, which is much like what the government encouraged through the Fannie Mae mortgage mess.

Ramsey also took some questions from viewers' email.

Classic Quote from Ramsey: "The worst car accidents happen on the showroom floor."