[gotribe]

This great article pulls the wool away from the wallstreet/DC lies about the auto recovery, student loans, and unemployment. And now we get to have another subprime disaster.

[RegulatorCountry]

I’ve seen a lot of thirty day tags recently here in NC, on vehicles driven by individuals who would not appear to have much reason for strong optimism regarding their continued employment and future economic stability.

It’s more of the same that brought us the housing bubble and crash, just funnel stuff to poor people, requiring any sort of qualification is unfair, consequences, what consequences? We’ll just throw more Obama Stash at it when the time comes.

It’s a win-win for the radical left, really a trifecta. Give more stuff to people who vote for them, wreck the economy and destroy the currency in the process.

[varon]

The average length of new- and used-vehicle loans jumped a full month during the first three months of this year, to 64 and 59 months, respectively.

OMG, does that bring back memories. I recall as a teen, my parents decided to "move up" to a new car instead of the "good used cars" that were the norm in the family but in order to swing it, they had to go with the newly available 18 month financing. Not only was this a "new experience" but also one they were not too proud of and it was an unspoken "family secret" that they had to finance for 18 months. How times have changed............

[traumer]

GREAT article !