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| subject: | Ottawa Bailing Out 1/2 |
PC> What do you mean ...not a backlog of retired workers? PC> In Japan they do. Possibly but they don't pay nearly as well there and many of the major Japanese cars are made here now so they have to compete with benefits common for this country. PC> .... Mine I invested....and still have... but I watched >others ...spend...spend..spend. Keeps the economy rolling and makes things better for those of us who don't fall into that trap.. Our family tends to be taught the value of frugality and the power of compound interest early in life but, even in our family, there are those who don't stop buying until their credt cards are maxed out.. and then they HAVE to get 'frugal' leaving them in the same position only paying this huge interest bill every month as well.. PC>keep me buying the Japanese imports which didn't need >a bailout. RM> Toyota is billions in the red and hasn't asked for a bailout RM> yet but is probably hoping for it. They are all hurting greatly. PC> I have no idea what their country is doing for them, only what >I see here, and at the dealers nearby. They are making deals, >and the lots are getting new cars and this years models too...and >yes the famed RED tag sale is ongoing... I've seen the ads here. Do you know what they say ? "We have money to finance your purchase!".. Someone somewhere 'bailed them out'.. As I said, sales are down for everyone but the Japanese car companies aren't hurting quite as bad because they were ahead in sales before the credit crunch happened . But there's a problem with people on the one hand saying, "If they can't sell cars then let them go under!".. while the dealers are saying they have people with jobs lined up wanting to buy their cars who can't get financing. There are problems with the car companies but they can't be totally blamed for the current situation. I could maybe see letting them go under if they can't sell cars, but not because the purchasers can't get car loans.. --- * SLMR Rob * Mathematicians do it an uncountable number of times * * PDQWK 2.52 #17 --- GTMail 1.26* Origin: Capitol City Online * 502/875-8938 * cco.ath.cx (1:2320/105.0) SEEN-BY: 10/1 3 34/999 120/228 123/500 140/1 222/2 226/0 249/303 250/306 SEEN-BY: 261/20 38 100 1404 1406 1410 1418 266/1413 280/1027 320/119 396/45 SEEN-BY: 633/260 267 285 712/848 800/432 801/161 189 2222/700 2320/100 105 200 SEEN-BY: 2905/0 @PATH: 2320/105 261/38 633/260 267 |
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