What Does USA Stand For?

[GRG55]

Re: What Does USA Stand For?

I read a good one a few days ago on some other site. USA is now USGS ( for goldman sachs)

How about USA = United States of AIG...:rolleyes:

[ThePythonicCow]

Re: What Does USA Stand For?

Obama say's the bankruptcy will be quick. How does he know that?

His teleprompter told him?

Slightly more seriously, I have not noticed a strong correlation between what Obama knows and what he says. On the other hand, I have noticed a good correlation between what Obama figures his audicence wants to hear and what he says.

[flintlock]

Re: What Does USA Stand For?

Slightly more seriously, I have not noticed a strong correlation between what Obama knows and what he says. On the other hand, I have noticed a good correlation between what Obama figures his audicence wants to hear and what he says.

Not defending him, but that pretty much applies to any politician these days, from county commissioner up!

[c1ue]

Re: What Does USA Stand For?

Another note: One reason GM, followed by Chrysler - are not going the Ford route is because GM was a leader in the whole car finance business.

Unless my memory is quite mistaken, GM was the first to offer 0% financing as an example - and I'd be surprised if they weren't also early in offering incentives.

Chrysler did not do this, but did get bought by a combination of dump (by Daimler) and LBO thus has an equally high debt level.

Thus Ford probably CAN do what it is doing, whereas GM is pretty much stuck in the same boat as the banks due to GMAC - just without a paddle.