Thanks JW for sending this Craigslist ad for a Sweet Ass 2001 Ford Taurus, one of the all-time great Craigslist ads (with pictures) that begins like this: Holy crap! What kind of badassary is this?! A 2001 Black Ford Taurus! Get the hell out of here! This car is a god amongst other, smaller cars.
Want a car for 2010, but don’t have much money? It’s your lucky day. Ford has the answer. A few years ago my 80-something year old Mom talked herself out of a speeding ticket by telling the young officer that she had “to get there before she forgot where she was going”. Where does the
“You can sleep in your car, but you can’t drive your house.” Ford lost many billion for 2008, and with the recent run-up in mortgage rates, maybe you can get a car loan at less than 6%. Because it seems that 30-yr conventional fixed-rates are up at the 6% level again, at the mortgage-banker level,
Watching US auto CEOs in front of Congress asking for money to help them fight competitors who are crushing them is like watching Dirk Diggler in his Boogie Nights downfall. Below is what Dirk says to the recording studio when he can’t pay for his demo tapes to bring to the record company. Is the
Auto Bailout Update The three big domestic automakers are now saying they are working jointly on a new hybrid car. It runs on a combination of state and federal bailout money. Today marks the major automakers’ deadline to submit restructuring plans as part of its $25 billion bailout package. Conan O’Brien quipped, “A new study
Treasury has said from the beginning that the TARP funds will follow two primary rules: (1) Treasury needs flexibility to adapt the allocation strategy according to market conditions, and (2) funds would only be allocated to industries or firms whose failure would cause a catastrophic meltdown in global economies. It can be argued that US
Rates/Commentary, week of May 16, 2005. Fixed rates are steady over last week and ARMs are down about .125% as mortgage bonds and especially Treasury bonds have rallied. Despite the Fed raising the overnight bank-to-bank lending rate by 2% since last June, the open markets are not following this benchmark rate. Markets trend have driven