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dpdoor (29.24)

Merry Christmas! GMAC is now a bank and eligible for TARP $$$

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December 24, 2008 – Comments (2) | RELATED TICKERS: GM , F

I know every one likes to dog the bailout, but these are difficult times and cars and homes are the largest purchases a family makes. I would say that more is spent per family on cars then homes. So if we’re not building homes at least we will be making cars and not selling GM to another country. And yes car sells will be down but not out. The main thing to me is we need American companies to get the sells. Do you really want our largest purchases to go to another country?

Any way I think this is one step to that will helps us and once we get use to the “new economy” we can start moving forward.

***Everyone have a Merry Christmas.***

//p.s.

LOS ANGELES — Official fuel-economy ratings from the Environmental Protection Agency are in for the new 2010 Ford Fusion Hybrid, and Ford says it is “America’s most fuel-efficient midsize car with a certified 41 m.p.g. rating in the city and 36 m.p.g. on the highway.”//

Dec 24 (Reuters) - Short interest on the New York Stock Exchange fell 3.1

percent in mid-December, the exchange said on Wednesday, suggesting a decrease

in bearish sentiment in the stock market. //

The Ford Fusion Hybrid is a Finalist for the 2009 Green Car of the Year award at this year's LA Auto Show

2 Comments – Post Your Own

#1) On December 24, 2008 at 8:19 PM, DemonDoug (82.19) wrote:

The powers that be in our country continue to use the zombie media to help burn down the foundation upon which they built their own success upon.

disgusting, apalling.

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#2) On December 25, 2008 at 5:55 PM, johnw106 (57.50) wrote:

New economy? What economy?
Or are you refering to the debt-enslavment machine controlled by the for profit Federal cartel of Theives? If so it has been around since 1907. It is not new.

What I find strange is how the American public thinks that borrowing our own money and paying interest on it to a private bank that creates the debt-credit out of thin air is a good thing that can save the world.

The cartel of pirates and thugs caused the panic of 1907.
The cartel of pirates and thugs caused the market crash of 1929.
The cartel of pirates and thugs caused the depression in 1931.
They have caused every boom and bust in the history of the modern world. And they are a direct cause of the current mess.

The only way we will ever see a "new economy" is if the dollar crashes and the current fractional theiving system collapses.

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