Replies

To: RoadTest

It was Ford Motor Credit that got a helping hand.

34 posted on 12/09/2010 3:08:59 PM PST by KYGrandma (The sun shines bright on my old Kentucky home......)

To: KYGrandma

You’re right. I stand corrected.

35 posted on 12/09/2010 3:11:04 PM PST by RoadTest (Religion is a substitute for the relationship God wants with you.)

To: KYGrandma

And Toyota Motor Credit and Honda Motor Credit, and Nissan, etc...

Pretty much every credit division of every car company got access to commercial paper through the Federal Reserve.

And the Federal Reserve made a profit on every last one of those loans.

36 posted on 12/10/2010 9:12:14 AM PST by eraser2005

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