"My rule of life prescribed as an absolutely sacred rite smoking cigars and also the drinking of alcohol
before, after and if need be during all meals and in the intervals between them." - Winston Churchill

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"Information is moving -- you know, nightly news is one way, of course, but it's also
moving through the blogosphere and through the Internets." - George W. Bush

Tuesday, June 10, 2008

Conversion Error

Yet another well planned idea using tax payer dollars

Trying to redeem coupons for DTV converter boxes has hit a major snag. Retailers are running out of the boxes and long waiting lists are forming.

The big problem is that the $1.5 billion dollar program that the government has put into place to give each household two $40 coupons towards two conversion boxes has an expiration date that is fast approaching and in some cases has already passed. Why would they put such an early expiration date on something that needs to be replaced in February of next year?

So far only 42% of the 840,000 coupons have been redeemed. Unless the government changes current rules prohibiting households from reapplying for new vouchers, people will have to pony up the full cost of the boxes, currently costing between $60-70 on average. It is unsure if there is enough money left in the program to fund such a measure.