Quote Originally Posted by joecoolfreak
I can't even understand what you are trying to say. Please come back and try again when you are capable of creating simple sentence structure so the rest of us who do speak English can figure it out.

That being said, I am aware that most car dealerships don't pay cash for their inventory, rather that they are on credit. I know that's how they do things, but it doesn't make it any less risky or a good idea. Since you made an analogy to home development, haven't you seen or heard all of the stories about the recent housing market? People who were relying on interest only loans and other "not so good" methods of affording what they couldn't afford for the purpose of reselling got royally screwed. I don't feel sorry for them either. If you buy something on credit and it can't be resold, then you are going to go down. No one has taken any possessions from this dealer. He still has all his inventory. That's most of the problem right there. He wants the government to stick their head into a private business and tell them what to do and you crying about his situation means that you support that kind of behavior from the federal government.

You might want think about that.
that was a weak insult, my turn now. you must not speak english b/c everthing is on credit, including you.

i do not support the government in private business, but consider the fact that the obama admin owns 80% of chrysler guess what just happened to that guy. and the housing market, dont get me started on that one b/c i was a loan officer for a few years and i do not feel sorry for even my friends who lost their home b/c of an interest only ARM. It wasn't just people trying to resell a home that got screwed either, mostly people who wanted to keep up with the jone's etc lost their homes. you can thank our gov't for derregulating the mortgage industry years ago and coming up with these crap loans that interest only is paid on. freddie mac and fannie may are going belly up too b/c of the mess. but again you can thank washington DC and the federal reserve for that. the fed controls the interest rate for mortgages, credit cards, you name it they control it. hell i think it was alan greenspan who basically came out and said they were responsible for the meltdown in housing. i will say this, it's not over, look for uncle sam to own morre of america, and guess who owns uncle sam, the federal reserve bank, and you guessed it it's a private bank.

so that being said i guess it is america's fault b/c every dime the gov't gets is on CREDIT. every last penny of it is borrowed. does that put a new spin on things for you WE ARE ALL ON CREDIT, that tax $$ that comes out of your check is going to pay interest on the loans that some dumbass politician borrowed for a pet project, sounds fun huh. so BASICALLY WHAT YOU SAID MEANS THAT WE NEED TO SHUT DOWN OUR GOV'T, HIGHWAYS, FOOD DELIVERY, ETC. it's all borrowed $$ so what do you think.