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In case you haven't heard, I just wanted to point out that President Obama recently signed the so-called " Cash for Clunkers " program into law. Starting July 1st, would-be car buyers can get a $3500-$4500 credit for trading in their "clunker" and purchasing a more fuel efficient vehicle. Officially known as the Car Allowance Rebate System (CARS) Act, the "Cash for Clunkers" program is intended to: (1) get gas guzzlers off the road, and (2) stimulate new car sales. We'll just have to wait and see how well it works on both accounts.