Auto sales crash

Adjusted September Sales vs. Estimates

• GM sales fell 47 percent compared to the 44 percent decline projected by analysts.
• Ford sales fell 8.9 percent compared to the 5 percent decline projected by analysts.
• Chrysler sales fell 8.9 percent, matching the average analyst estimates.
• Nissan sales fell 11 percent compared to the 7.1 percent decline projected by analysts.
• Honda sales fell 23 percent, compared to the 13 percent decline projected by analysts.
• Toyota sales fell 16 percent compared to the 13 percent decline projected by analysts.
• Hyundai bucked the industry slide with a 27 percent increase.

Time for another cash for clunkers program, right? Doesn't anybody in power understand basic economics anymore? Or is the actual goal to bankrupt the country and turn us all into serfs living off meager government handouts? That couldn't be it, could it?