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Cash for Appliances
Our final "Cash for" program is perhaps the best one of all. It’s called Cash for Appliances. Using money provided in the recent stimulus
bill, the Department of Energy could make available about $300 million in rebates to customers who trade in older appliances — such as refrigerators
and dishwashers — for new, more efficient appliances carrying the Energy Star label.This would not only help spur demand for appliance retailers like Sears (SHLD) and Best Buy (BBY),
but it also would stimulate appliance manufacturers like Whirlpool (WHR) and General Electric (GE).Oh, wait a second, this Cash for Appliances thing isn’t satire? You mean this program is actually for real? Say it isn’t so!
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