Vox

Musings, rants, rambling, general nonsense

Texans Get It

Posted on | April 4, 2009 | Comments Off on Texans Get It

From my Kindle edition of today’s Houston Chronicle, this letter to the editor:

GM is coming up with an offer to make the payments for people that finance the purchase of a car but suffer a job loss. Let me see if I understand the scenario. A consumer who runs out of money is backed up by a company that has run out of money that is backed up by a government that has run out of money. Is there any real money in this chain? Oh yes, yours, mine, our children’s, our grandchildren’s, our great-grandchildren’s…etc.

Tim Brown, Katy



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