Thursday, April 2, 2009

Here we go again...

"NEW YORK/DETROIT (Reuters) - GMAC Financial Services said it will resume making car and truck loans to subprime borrowers and will lower inventory financing costs for cash-strapped auto dealers, part of a series of moves intended to spur sales at General Motors Corp."

What part of "inflation-adjusted stagnant wages since 1975" do they not understand here?

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