US Prices, Housing Starts Plunge

[BeatleBoot]

Run time: 02:27 https://www.youtube.com/watch?v=MNw7xKinv5c   Posted on YouTube: November 20, 2008 By YouTube Member: Views on YouTube: 0   Posted on DU: December 05, 2008 By DU Member: BeatleBoot Views on DU: 490

 
Barney Frank rocks!

[JDPriestly]

1. My question about the bail-out of the auto industry?

To whom are the auto manufacturers planning to sell the cars. We are heading into a 1930's free-fall. Who can afford a $20,000 car when they can't get a job and can't pay the rent or mortgage?

[ksimons]

2. i guess those the questions being asked right now

you can prop up the industry, but are you just delaying the problem unless you literally take them over and repurpose their function.

BMW made pots and pans after the war to survive. Just sayin'