[rocket science]

Even if ~2200 Avg/month is ‘not still climbing’look at the total NOD. 22,194! Over 2X 2006. And almost 2X every year from 1991 to 1997.
Not to mention the 37.92% that went to sale to make a 307.55% increase from 2006. 8,416 NOT in 2007, nothing to sneeze at compared to the <6000/year from 1993-1997.

rs

[rocket science]

Even if ~2200 Avg/month is ‘not still climbing’look at the total NOD. 22,194! Over 2X 2006. And almost 2X every year from 1991 to 1997.
Not to mention the 37.92% that went to sale to make a 307.55% increase from 2006. 8,416 NOT in 2007, nothing to sneeze at compared to the <6000/year from 1993-1997.

rs

[rocket science]

Even if ~2200 Avg/month is ‘not still climbing’look at the total NOD. 22,194! Over 2X 2006. And almost 2X every year from 1991 to 1997.
Not to mention the 37.92% that went to sale to make a 307.55% increase from 2006. 8,416 NOT in 2007, nothing to sneeze at compared to the <6000/year from 1993-1997.

rs

[rocket science]

Even if ~2200 Avg/month is ‘not still climbing’look at the total NOD. 22,194! Over 2X 2006. And almost 2X every year from 1991 to 1997.
Not to mention the 37.92% that went to sale to make a 307.55% increase from 2006. 8,416 NOT in 2007, nothing to sneeze at compared to the <6000/year from 1993-1997.

rs

[rocket science]

Even if ~2200 Avg/month is ‘not still climbing’look at the total NOD. 22,194! Over 2X 2006. And almost 2X every year from 1991 to 1997.
Not to mention the 37.92% that went to sale to make a 307.55% increase from 2006. 8,416 NOT in 2007, nothing to sneeze at compared to the <6000/year from 1993-1997.

rs

[rocket science]

OK so this in and of itself provides any new or concrete evidence that the "mother of all recessions" is coming.

So lets move on to the next piece of the puzzle.

Is this a sign of another shoe to drop?

 

http://www.latimes.com/news/local/la-fi-autoloans30dec30,1,2767577.story?ctrack=1&cset=true

 

My favorite part…

 "The job of a successful dealer is to find a funding package that's acceptable to the customer," said Paul Taylor, chief economist of the National Automobile Dealers Assn. "These loans allow them to get a luxury car rather than a more modestly priced vehicle." 

Just like in the housing bubble!!!!

rs

[rocket science]

OK so this in and of itself provides any new or concrete evidence that the "mother of all recessions" is coming.

So lets move on to the next piece of the puzzle.

Is this a sign of another shoe to drop?

 

http://www.latimes.com/news/local/la-fi-autoloans30dec30,1,2767577.story?ctrack=1&cset=true

 

My favorite part…

 "The job of a successful dealer is to find a funding package that's acceptable to the customer," said Paul Taylor, chief economist of the National Automobile Dealers Assn. "These loans allow them to get a luxury car rather than a more modestly priced vehicle." 

Just like in the housing bubble!!!!

rs

[rocket science]

OK so this in and of itself provides any new or concrete evidence that the "mother of all recessions" is coming.

So lets move on to the next piece of the puzzle.

Is this a sign of another shoe to drop?

 

http://www.latimes.com/news/local/la-fi-autoloans30dec30,1,2767577.story?ctrack=1&cset=true

 

My favorite part…

 "The job of a successful dealer is to find a funding package that's acceptable to the customer," said Paul Taylor, chief economist of the National Automobile Dealers Assn. "These loans allow them to get a luxury car rather than a more modestly priced vehicle." 

Just like in the housing bubble!!!!

rs

[rocket science]

OK so this in and of itself provides any new or concrete evidence that the "mother of all recessions" is coming.

So lets move on to the next piece of the puzzle.

Is this a sign of another shoe to drop?

 

http://www.latimes.com/news/local/la-fi-autoloans30dec30,1,2767577.story?ctrack=1&cset=true

 

My favorite part…

 "The job of a successful dealer is to find a funding package that's acceptable to the customer," said Paul Taylor, chief economist of the National Automobile Dealers Assn. "These loans allow them to get a luxury car rather than a more modestly priced vehicle." 

Just like in the housing bubble!!!!

rs

[rocket science]

OK so this in and of itself provides any new or concrete evidence that the "mother of all recessions" is coming.

So lets move on to the next piece of the puzzle.

Is this a sign of another shoe to drop?

 

http://www.latimes.com/news/local/la-fi-autoloans30dec30,1,2767577.story?ctrack=1&cset=true

 

My favorite part…

 "The job of a successful dealer is to find a funding package that's acceptable to the customer," said Paul Taylor, chief economist of the National Automobile Dealers Assn. "These loans allow them to get a luxury car rather than a more modestly priced vehicle." 

Just like in the housing bubble!!!!

rs

[rocket science]

Anyone who thinks that not taking responsibility for ones actions, e.g. paying a mortgage to which one agreed, even if it is ‘legal’ is adding to the unfortunate demise of this society. Next we will not want to take responsibility for pouring hot coffee in our laps and blame the seller of said coffee for making it hot. Like TheBreeze, I too am disgusted.

rs

[rocket science]

Anyone who thinks that not taking responsibility for ones actions, e.g. paying a mortgage to which one agreed, even if it is ‘legal’ is adding to the unfortunate demise of this society. Next we will not want to take responsibility for pouring hot coffee in our laps and blame the seller of said coffee for making it hot. Like TheBreeze, I too am disgusted.

rs

[rocket science]

Anyone who thinks that not taking responsibility for ones actions, e.g. paying a mortgage to which one agreed, even if it is ‘legal’ is adding to the unfortunate demise of this society. Next we will not want to take responsibility for pouring hot coffee in our laps and blame the seller of said coffee for making it hot. Like TheBreeze, I too am disgusted.

rs

[rocket science]

Anyone who thinks that not taking responsibility for ones actions, e.g. paying a mortgage to which one agreed, even if it is ‘legal’ is adding to the unfortunate demise of this society. Next we will not want to take responsibility for pouring hot coffee in our laps and blame the seller of said coffee for making it hot. Like TheBreeze, I too am disgusted.

rs

[rocket science]

Anyone who thinks that not taking responsibility for ones actions, e.g. paying a mortgage to which one agreed, even if it is ‘legal’ is adding to the unfortunate demise of this society. Next we will not want to take responsibility for pouring hot coffee in our laps and blame the seller of said coffee for making it hot. Like TheBreeze, I too am disgusted.

rs

[Author]

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