The foggy blur surrounding the fate of Cash For Clunkers (aka C.A.R.S.) is clearing up. On the political front, passage in the Senate of the extra $2 billion in funds now looks incredibly likely. White House Press Secretary Robert Gibbs said that the $2 billion would be enough to keep C4C running through September. Perhaps Senate Majority Leader Harry Reid's threat to keep Senators from getting their August vacation had something to do with it. The Daily Show did a funny piece on C4C this week,
Capitalist-on-steroids Jim Cramer of Mad Money fame (or, if you're a Daily Show fan, infamy) thinks Cash For Clunkers is a great idea. This might surprise some of you (and shock us), but here's his reasons why:
With last year's round of bank bailouts, Jon Stewart's comedic cup overfloweth with material. Now, with General Motors' bankruptcy official, Stewart takes aim at the late, great automaker in the segment "BiGMess."
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Film director Chris Paine ("Who Killed The Electric Car?") was on The Daily Show this week, which gave host Jon Stewart a chance to poke some fun at car companies ("[They] are notoriously hesitant to advertise their products"). Paine talked about his personal experience owning an EV1, how good or a car it was and how GM took the cars away and crushed them in the desert. If you've seen the movie, then you won't learn much new information (but you would miss Stewart's quip about the little "give
Kimberley Strassel is on the editorial board of the Wall Street Journal, and she went on The Daily Show with Jon Stewart last week to talk about oil prices, oil companies and ethanol. Her basic argument was that high oil prices at the pump are not the fault of oil companies and their record-breaking profits (ExxonMobil, for example, made more than $8 billion between January and March of this year, a jump of 44 percent over last year) but instead the fault of congress and unrest in the places whe