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To: Bernard

Another handout to the auto unions is what you mean.

With the job market so precarious I fail to see how people taking on an auto loan is such a great idea.

Since many of the so called ‘buyers’ are putting none of their own money into the purchase I can just see them walking away from their auto loans as they walked from their mortgages.

Interventin in the ‘free market’ is not a good idea I fail to understand why you love this handout so much.


59 posted on 08/02/2009 6:57:11 AM PDT by Carley (OBAMA IS A MALEVOLENT FORCE IN THE WORLD)
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To: Carley
The Stephy interview with Geithner was very illuminating.

He made some astounding discoveries like "unemployment is high" and "we need growth to spur jobs." I'm sure you need 20 years of college to figure those two out!

But then he got back to basics by blaming everything on GW as his masters have told him to do by stating what enormous damage the Bush adm. did to the economy,and how the deficits would only be brought down by endless taxing after their endless spending.

In the end it was obvious he is a Keynesian Socialist of the first order and huge part of the problem and not the solution.

86 posted on 08/02/2009 7:55:55 AM PDT by rodguy911 (HOME OF THE FREE BECAUSE OF THE BRAVE--GO SARAHCUDA !!)
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