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Old 07-27-2010, 01:52 AM   #25
BigAls87Z28
 
Join Date: Jul 2004
Location: West Long Branch
Posts: 13,598
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You can do that. All that debt relief you see commercials for are doing something similar to that for the person.
I hate that stupid comparision. You would either take out a reverse mortage on the house and lose all your equity hoping that you can pay it back, or you can fix your problems and settle in court your debts.

The government is an organized crime synidcate? What does that make the banks that hold the note to Ford Motor Company? Swell bunch of guys and gals? Shesh...talk about picking your points

Point is that Ford has this squeeky clean image that it shouldnt have. It also has a few billion dollars in goverment funding, but I guess since its smaller number, it doesnt count.

Ford, as well as Chrysler, cut lots of dealers, and workers. They also shafted some suppliers. Again, everyone acts as if GM was the one and only with problems. It shows ignorance on the subject.
Amazing....
And GM regained lots of dealers due to the same "organized crime syndicate" that got them through Chap 11.

Again- Ford and GM took similar routes in how they could regain and maintain thier solvency. Ford went to Banks, which then got bailed out by the government, GM just skipped the middle man.
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