Comments on: Chrysler: Coming soon to a TV near you http://blogs.reuters.com/mediafile/2009/05/08/chrysler-coming-soon-to-a-tv-near-you/ Where media and technology meet Wed, 16 Nov 2016 08:48:25 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Jerry Mayhew http://blogs.reuters.com/mediafile/2009/05/08/chrysler-coming-soon-to-a-tv-near-you/#comment-358720 Mon, 11 May 2009 03:20:27 +0000 http://blogs.reuters.com/mediafile/?p=16680#comment-358720 Its sure going to be an AMERICAN made car and thats the bottom line cause STONE COLD said so.

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By: Stan Brody http://blogs.reuters.com/mediafile/2009/05/08/chrysler-coming-soon-to-a-tv-near-you/#comment-358703 Sun, 10 May 2009 11:20:57 +0000 http://blogs.reuters.com/mediafile/?p=16680#comment-358703 The problem with the Auto Industry is NOT “being green”… ask Toyota about all of those Prius’ that are clogging its dealer’s lots… it has zero to do with quality… no, the primary problem is quite simply, “Bob and Betty” are NOT going to set foot in any showroom when they don’t even know if they will own a garage to park it in next week … It’s the foreclosures stupid… it’s the foreclosures…

S&P Case Shiller, Moody’s and Commerce, are off by a factor approaching 100%; there are not 11-12 million, but closer to 25 million homes in trouble. Nothing can or will happen to truly improve the economy and ease the plight of Detroit until the foreclosure and housing crisis is properly addressed. To date it has not… i.e. The current Fannie Mae guidelines make it virtually impossible for any self-employed person to qualify for financing… despite the advertised “kinder-gentler” loan modification programs supposedly being offered, a homeowner is still being required to be no less than 60 days delinquent prior to seeking any relief… that equates to a 150-180 point hit to a person’s credit scores… which new car do you think that you are going to buy with a 550 FICO score!

Congress cannot see the forest because of the trees…

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