No Country for Old Cars, or Productivity, for that matter

Garry's last post reminded me of Frederick Bastiat's "parable of the broken window." Here's my theory: if insiders are selling out, might it be because the "recovery" has been illusory, the government-driven "stimulus" (with proper "scare quotes") hollow? Are we seeing the rats (and I mean that endearingly) jumping from the sinking ship? I mean, when we're clunking drivable cars, we're moving away from an economy driven by productivity to one driven by gimmicks. Gimmicks and tricks. These people are not serious.