Six days after implementation "the government suspended the explosively popular "cash for clunkers" program, fearing it would go broke before it could pay what it still owes dealers for a huge backlog of sales, according to congressional offices and a dealer group." (USA Today, July 31)

This concept is revolutionary.  Suspending popular programs out of concern that they will go broke before being able to pay what the Government has committed to owe. 

A review of the coming week's possible headlines:

Wall Street Journal, Aug. 3 - "Social Security and Medicare were suspended today when actuaries pointed out that both were in fact Ponzi Schemes, doomed to fail and incapable of actually paying the unfunded pension and health liabilities promised to several generations of dupes".

New York Times, Aug. 5 - "The popular $8,000 tax rebate for new homebuyers was ended when politicians suddenly realized that paying people to buy overvalued assets was a waste of money and increased the nearly $2 trillion budget deficit".

Beer Advocate, Aug. 8 - "Fannie Mae, Freddie Mac, HUD and the FHA closed their doors today.  In a moment of clarity President Obama recognized that giving Government subsidized mortgages to people that can not afford them, and forcing tax payers to be accountable for inevitable losses was "not a sustainable business plan".  Homebuyers will now be required to have credit, capital and cash flow to purchase houses."