What a price! Just saw a commercial for Mercedes-Benz and was very impressed. What a design! When the car senses that an accident is about to accur it rolls up the windows and upon impact the air bags inflat and the whole car either crumbles collison energy or disipates it through-out the body of the car. I was very impressed. But, then again, it's a Mercedes; it's what the pay for big bucks for!
I guess only the very rich can still afford a Merces-Benz! The middle class is slipping away I'm afraid. I only hope this recession is reverse very soon hopefully with the good RTC news of tomorrow from Nancy Peloski, Hank Paulson, and Chris Cox.
We'll se what happens. The government has bailed out AIG an institution in 135 countries with at least 135, 000 employees. So since the USA bailed them out we own 80% of all the home loans. Sounds slightly like socalizism?
Let's see Bear Sterns was the first, Lehman Brothers hit bankruptcy! Then there was Freddie Max and Fannie Mae - we bailed them out. The Central banks had to come together or else see global markets possibly fail. In England, short sellers are banned.
Well, I was cgued to NPR, MSNBC, and CNN last week I guess I will be this week too! Hey I'll get my run in somehow..for sure.
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