[GH]

I experienced this problem in a 2002 Camry. I was driving on the 8 up the grade back to San Diego and had the cruise control set at 70 – At some point, the car surged forward quickly getting up to over 80. I was able to correct this by dropping the car out of cruise control and applying the brake, but I know there was no floor mat involved. I would say this was a software or hardware glitch.

[GH]

I agree the Feds will step in where States are concerned, however if steps are not taken to cut costs – that means giant cuts in K-12, prisons and the elimination of at least 1/3 of state and municipal administrative staff, along with a substantial reduction in promised retirement benefits, it will only delay a bigger inevitable.

Governments tend to grant larger retirements in lieu of salaries as a form of borrowing. With the advent of extreme deflation, these expectations will also need to be adjusted, or the money printed and all that follows…

I just cannot see any politician making these tough decisions, so my guess the decisions will be made for them (US).

[GH]

I agree the Feds will step in where States are concerned, however if steps are not taken to cut costs – that means giant cuts in K-12, prisons and the elimination of at least 1/3 of state and municipal administrative staff, along with a substantial reduction in promised retirement benefits, it will only delay a bigger inevitable.

Governments tend to grant larger retirements in lieu of salaries as a form of borrowing. With the advent of extreme deflation, these expectations will also need to be adjusted, or the money printed and all that follows…

I just cannot see any politician making these tough decisions, so my guess the decisions will be made for them (US).

[GH]

I agree the Feds will step in where States are concerned, however if steps are not taken to cut costs – that means giant cuts in K-12, prisons and the elimination of at least 1/3 of state and municipal administrative staff, along with a substantial reduction in promised retirement benefits, it will only delay a bigger inevitable.

Governments tend to grant larger retirements in lieu of salaries as a form of borrowing. With the advent of extreme deflation, these expectations will also need to be adjusted, or the money printed and all that follows…

I just cannot see any politician making these tough decisions, so my guess the decisions will be made for them (US).

[GH]

I agree the Feds will step in where States are concerned, however if steps are not taken to cut costs – that means giant cuts in K-12, prisons and the elimination of at least 1/3 of state and municipal administrative staff, along with a substantial reduction in promised retirement benefits, it will only delay a bigger inevitable.

Governments tend to grant larger retirements in lieu of salaries as a form of borrowing. With the advent of extreme deflation, these expectations will also need to be adjusted, or the money printed and all that follows…

I just cannot see any politician making these tough decisions, so my guess the decisions will be made for them (US).

[GH]

I agree the Feds will step in where States are concerned, however if steps are not taken to cut costs – that means giant cuts in K-12, prisons and the elimination of at least 1/3 of state and municipal administrative staff, along with a substantial reduction in promised retirement benefits, it will only delay a bigger inevitable.

Governments tend to grant larger retirements in lieu of salaries as a form of borrowing. With the advent of extreme deflation, these expectations will also need to be adjusted, or the money printed and all that follows…

I just cannot see any politician making these tough decisions, so my guess the decisions will be made for them (US).

[GH]

Dubai is all about tax havens, where thousands of wealthy Europeans and Americans have fled to reside tax free. Of course it is a giant bubble and many of it’s previously wealthy tax avoiders are no longer wealthy enough to make it worth while…

[GH]

Dubai is all about tax havens, where thousands of wealthy Europeans and Americans have fled to reside tax free. Of course it is a giant bubble and many of it’s previously wealthy tax avoiders are no longer wealthy enough to make it worth while…

[GH]

Dubai is all about tax havens, where thousands of wealthy Europeans and Americans have fled to reside tax free. Of course it is a giant bubble and many of it’s previously wealthy tax avoiders are no longer wealthy enough to make it worth while…

[GH]

Dubai is all about tax havens, where thousands of wealthy Europeans and Americans have fled to reside tax free. Of course it is a giant bubble and many of it’s previously wealthy tax avoiders are no longer wealthy enough to make it worth while…

[GH]

Dubai is all about tax havens, where thousands of wealthy Europeans and Americans have fled to reside tax free. Of course it is a giant bubble and many of it’s previously wealthy tax avoiders are no longer wealthy enough to make it worth while…

[GH]

It is my understanding that folks with balances are defaulting after rates are driven to 30% ++. I believe it is a scam run by banks to either force default so they can claim TARP money, or collect massive interest and make high profit if you stay on board with it. I believe the correct course of action would be to close accounts of credit rating suspects but leave the interest the same. What are defaults running right now? 15% or so on credit card debt I believe? but I would not be surprised if the highest percentage of non payers carry a balance and have been caught in the trap as it closed.

[GH]

It is my understanding that folks with balances are defaulting after rates are driven to 30% ++. I believe it is a scam run by banks to either force default so they can claim TARP money, or collect massive interest and make high profit if you stay on board with it. I believe the correct course of action would be to close accounts of credit rating suspects but leave the interest the same. What are defaults running right now? 15% or so on credit card debt I believe? but I would not be surprised if the highest percentage of non payers carry a balance and have been caught in the trap as it closed.

[GH]

It is my understanding that folks with balances are defaulting after rates are driven to 30% ++. I believe it is a scam run by banks to either force default so they can claim TARP money, or collect massive interest and make high profit if you stay on board with it. I believe the correct course of action would be to close accounts of credit rating suspects but leave the interest the same. What are defaults running right now? 15% or so on credit card debt I believe? but I would not be surprised if the highest percentage of non payers carry a balance and have been caught in the trap as it closed.

[GH]

It is my understanding that folks with balances are defaulting after rates are driven to 30% ++. I believe it is a scam run by banks to either force default so they can claim TARP money, or collect massive interest and make high profit if you stay on board with it. I believe the correct course of action would be to close accounts of credit rating suspects but leave the interest the same. What are defaults running right now? 15% or so on credit card debt I believe? but I would not be surprised if the highest percentage of non payers carry a balance and have been caught in the trap as it closed.

[Author]

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