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Rt.66
ParticipantIs a person who “owns” a house worth $300k, which he owes $500K on, more likely to have “material things”?
ParticipantIs a person who “owns” a house worth $300k, which he owes $500K on, more likely to have “material things”?
ParticipantIs a person who “owns” a house worth $300k, which he owes $500K on, more likely to have “material things”?
ParticipantIs a person who “owns” a house worth $300k, which he owes $500K on, more likely to have “material things”?
ParticipantWhat is funny about this is that our Gov. forced thousands of GM and Chrysler dealerships to close, leaving many towns with little domestic choices and leaving foreign makers to control the market in those areas.
Now our Gov. offers $4500 of our tax dollars to anyone willing to trade in a clunker with no domestic stipulation, so many buyers will choose Foreign. So the profits from US tax payer subsidized sales will go to other countries. Wonderful. Tack that onto the $500 billion in bailout dollars that already went to foreign banks.
Even worse is that you can buy a car that was not even assembled in the US and still get a $4500 gift, courtesy of US tax payer. Our tax dollars supporting the jobs, GDP, healthcare and schools of other countries? WTF??? This is trade diplomacy or trade charity at its worst. We are screwed!
“The new vehicle can be U.S. or foreign-built and must have a manufacturer’s suggested retail price of less than $45,000.”
ParticipantWhat is funny about this is that our Gov. forced thousands of GM and Chrysler dealerships to close, leaving many towns with little domestic choices and leaving foreign makers to control the market in those areas.
Now our Gov. offers $4500 of our tax dollars to anyone willing to trade in a clunker with no domestic stipulation, so many buyers will choose Foreign. So the profits from US tax payer subsidized sales will go to other countries. Wonderful. Tack that onto the $500 billion in bailout dollars that already went to foreign banks.
Even worse is that you can buy a car that was not even assembled in the US and still get a $4500 gift, courtesy of US tax payer. Our tax dollars supporting the jobs, GDP, healthcare and schools of other countries? WTF??? This is trade diplomacy or trade charity at its worst. We are screwed!
“The new vehicle can be U.S. or foreign-built and must have a manufacturer’s suggested retail price of less than $45,000.”
ParticipantWhat is funny about this is that our Gov. forced thousands of GM and Chrysler dealerships to close, leaving many towns with little domestic choices and leaving foreign makers to control the market in those areas.
Now our Gov. offers $4500 of our tax dollars to anyone willing to trade in a clunker with no domestic stipulation, so many buyers will choose Foreign. So the profits from US tax payer subsidized sales will go to other countries. Wonderful. Tack that onto the $500 billion in bailout dollars that already went to foreign banks.
Even worse is that you can buy a car that was not even assembled in the US and still get a $4500 gift, courtesy of US tax payer. Our tax dollars supporting the jobs, GDP, healthcare and schools of other countries? WTF??? This is trade diplomacy or trade charity at its worst. We are screwed!
“The new vehicle can be U.S. or foreign-built and must have a manufacturer’s suggested retail price of less than $45,000.”
ParticipantWhat is funny about this is that our Gov. forced thousands of GM and Chrysler dealerships to close, leaving many towns with little domestic choices and leaving foreign makers to control the market in those areas.
Now our Gov. offers $4500 of our tax dollars to anyone willing to trade in a clunker with no domestic stipulation, so many buyers will choose Foreign. So the profits from US tax payer subsidized sales will go to other countries. Wonderful. Tack that onto the $500 billion in bailout dollars that already went to foreign banks.
Even worse is that you can buy a car that was not even assembled in the US and still get a $4500 gift, courtesy of US tax payer. Our tax dollars supporting the jobs, GDP, healthcare and schools of other countries? WTF??? This is trade diplomacy or trade charity at its worst. We are screwed!
“The new vehicle can be U.S. or foreign-built and must have a manufacturer’s suggested retail price of less than $45,000.”
ParticipantWhat is funny about this is that our Gov. forced thousands of GM and Chrysler dealerships to close, leaving many towns with little domestic choices and leaving foreign makers to control the market in those areas.
Now our Gov. offers $4500 of our tax dollars to anyone willing to trade in a clunker with no domestic stipulation, so many buyers will choose Foreign. So the profits from US tax payer subsidized sales will go to other countries. Wonderful. Tack that onto the $500 billion in bailout dollars that already went to foreign banks.
Even worse is that you can buy a car that was not even assembled in the US and still get a $4500 gift, courtesy of US tax payer. Our tax dollars supporting the jobs, GDP, healthcare and schools of other countries? WTF??? This is trade diplomacy or trade charity at its worst. We are screwed!
“The new vehicle can be U.S. or foreign-built and must have a manufacturer’s suggested retail price of less than $45,000.”
July 24, 2009 at 11:24 AM in reply to: Intentional defaulting, not subprime mortgage is the problem #436200Participant“industry is getting smart”
He wanted to borrow $80k to buy a $325k property with a home and income producing commercial property on it. He was putting $245k of his own money in it.
Did you mean to say “consumers are getting smart”? The bank made an absurdly bad decision in this case.
July 24, 2009 at 11:24 AM in reply to: Intentional defaulting, not subprime mortgage is the problem #436406Participant“industry is getting smart”
He wanted to borrow $80k to buy a $325k property with a home and income producing commercial property on it. He was putting $245k of his own money in it.
Did you mean to say “consumers are getting smart”? The bank made an absurdly bad decision in this case.
July 24, 2009 at 11:24 AM in reply to: Intentional defaulting, not subprime mortgage is the problem #436725Participant“industry is getting smart”
He wanted to borrow $80k to buy a $325k property with a home and income producing commercial property on it. He was putting $245k of his own money in it.
Did you mean to say “consumers are getting smart”? The bank made an absurdly bad decision in this case.
July 24, 2009 at 11:24 AM in reply to: Intentional defaulting, not subprime mortgage is the problem #436798Participant“industry is getting smart”
He wanted to borrow $80k to buy a $325k property with a home and income producing commercial property on it. He was putting $245k of his own money in it.
Did you mean to say “consumers are getting smart”? The bank made an absurdly bad decision in this case.
July 24, 2009 at 11:24 AM in reply to: Intentional defaulting, not subprime mortgage is the problem #436965Participant“industry is getting smart”
He wanted to borrow $80k to buy a $325k property with a home and income producing commercial property on it. He was putting $245k of his own money in it.
Did you mean to say “consumers are getting smart”? The bank made an absurdly bad decision in this case.
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