Keep in mind that the dealer was making the offer to sell, so it's like a push pull or drag sale.
So dealer makes an offer saying "We will give you $10,000 for any clunker, no quantity restrictions, if it has wheels and starts we'll give you $10,000" so Mr. Soros thinks to himself, this is a rediculous offer and starts buying everything on craigslist for less than $10,000. He rolls up with 100 lemons and the dealer buys them, then has a press conference saying he has $15 billion dollars on hand an will buy all the lemons in the world for $10,000 a piece.
So George Soros goes and finds $30 billion lemons and it turns out that the gov't couldn't (or didn't want to) come up with $15 more billion for lemons. Yes, the tax payer got fleeced, but the transactions were made in good faith by people who thought buying lemons for $10,000 was a good fucking idea, and was elected on a fucking platform of buying lemons for $10K.
So dealer makes an offer saying "We will give you $10,000 for any clunker, no quantity restrictions, if it has wheels and starts we'll give you $10,000" so Mr. Soros thinks to himself, this is a rediculous offer and starts buying everything on craigslist for less than $10,000. He rolls up with 100 lemons and the dealer buys them, then has a press conference saying he has $15 billion dollars on hand an will buy all the lemons in the world for $10,000 a piece.
So George Soros goes and finds $30 billion lemons and it turns out that the gov't couldn't (or didn't want to) come up with $15 more billion for lemons. Yes, the tax payer got fleeced, but the transactions were made in good faith by people who thought buying lemons for $10,000 was a good fucking idea, and was elected on a fucking platform of buying lemons for $10K.