Havent They Learned ANYTHING? One Third Of Auto Loans Are Now In The High Risk Segment

Looks like they are trying to justify raising interest rates. Only a fool trusts wall st.

Remember the financial meltdown? Remember how those failed financial institutions and the government railed against regulations? Remember how the government gave many billions of BORROWED dollars to select failed financial institutions, and then sent the bill to you, the taxpayer? See how it's happening again?

Once you realize that then, as now, The Government does not truly represent The People -- it promotes and defends the interests of Commerce -- it is an "Instrument of Commerce", then sadly, the fact that we're here again makes sense, as do many other questionable government actions.

If it's "here we go again" then it's Obama's legacy coming home.

How ignorant are you? You do realize it was Bush's policies that got us in the financial mess and obama had to dig us out. But now the Jolly Orange Pig is gonna put us right back in the mess....

Does your comment imply that each administration's challenges are the result of the previous administration (e.g., financial meltdown, US auto industry bankruptcies were due to the Bush legacy), or is it simply a blanket "Republicans Good / Democrats Bad" assertion?

Personally, I don't believe either party, or any party leader is responsible for this mess, as I don't believe that our political institutions represent the will of The People. I believe politics is merely one instrument of commerce. That's why EVERY administration in recent history tends to pander to big business and to the very affluent. So much for "checks and balances."

"Pandering" to big business is good for business and consumers.

MDarringer wrote "'Pandering' to big business is good for business and consumers."

My observations lead me to believe that pandering to big business:
+ Leads to more profit for big business
+ Does not help small businesses (mom and pop shops)
+ Does not help those making minimum wage or in the struggling and shrinking middle classes
+ Cares more about increasing profit for big business than things like air and water quality, which affects all
+ Leads to things like gifting billions of borrowed dollars to failed financial and automotive giga-corporations, while sending the bill to taxpayers
+ Leads to wacky scenarios like US Government's military forces attacking unarmed civilians who are peacefully protesting in the Dakotas (e.g., government backing Big Oil)

BTW, it appears the "Trickle Down Effect" we were taught since the days of Reagonomics haven't in fact made the poor any wealthier. However, the rich did get richer. No surprise there. Pander to the wealthy, and the wealthy benefit. If you doubt this, consider spending more time with the poor, the economically disadvantaged, etc., and get their opinion on the matter.

@TheSteve, you fell for the bait...hook, line, and sinker like I knew you--or someone--would. I thought you would have seen my obvious intent and been intelligent enough NOT to reply..

MDarringer wrote "...@TheSteve, you fell for the bait..."

So when you say something you believe, and someone else disagrees with you, then you call that 'falling for the bait'? Ooooookay (in my best Dr. Evil voice).

[img]http://i.imgur.com/I8tSRLV.jpg[/img]

Image didn't work, but screenshot to an old Mitsubshi Eclipse ad from 2002. No interest and NO PAYMENTS for a year.