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Old 11-10-2008, 03:43 PM   #41
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My neighbor has this issue, with good credit and has been paying the loan regularly throughout the time of the loan.
It seems to me if someone has a loan with a bank, the bank would want the loan to stay in place, even at a lower rate rather than take the house. So why don't they cut people some slack to keep their loans and help the economy. We don't need another forclosure and empty house on the market.
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Old 11-10-2008, 05:16 PM   #42
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Originally Posted by kmtyme View Post
My neighbor has this issue, with good credit and has been paying the loan regularly throughout the time of the loan.
It seems to me if someone has a loan with a bank, the bank would want the loan to stay in place, even at a lower rate rather than take the house. So why don't they cut people some slack to keep their loans and help the economy. We don't need another forclosure and empty house on the market.
IMO, not one home owner should be bailed out and the banks either. I'm sure your neighbor knew what they were getting into. RE prices need to come down for people to be able to afford them. I'd rather see them foreclose and get a responsible person in that home at a lower price.

I don't want to bail out home owners, big businesses (GM Ford, Dodge ect) banks and everyones pensions. So who the heck will give the average joe like me some money? Nobody and i ain't asking for any, but i don't want to go broke bailing out people who make bad choices.
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Old 11-20-2008, 11:08 PM   #43
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Production Starts-Up Next Week

Check-it-out, production to resume next week.
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Old 11-21-2008, 09:43 PM   #44
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Some food for thought! Just did a little reaseach. Over the last 10 years Thor has out preformed Nasdaq, dowjones and the S&P 500.

I think and hope Airstream will survive. IF they guys can do better that the pros according to the #'s I found, maybe they should be running the big banks and investment houses.
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Old 11-21-2008, 11:06 PM   #45
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Food for Thought

The "Great Depression" began with the collapse of the stock market and the economy in 1929. It was still a Depression in 1941. The Second World War put the Depression on hold, and at the end of the War, the United States was well on the road to economic recovery.

In 1931 Wallace M. Byam began Airstream. He acquired Bowlus and moved into Airstream's aircraft construction. He had tight times, hard times, and even being shut down by the government. However, he survived the economic challenges.

If for any reason, what-so-ever, that Thor fails, then take a look at the economic coniditions that beseige our entire economy. Not a pretty thought.

So, we all know that Thor is the best preforming RV congolmorate.

Taking all things into consideration there is no doubt that Airstream will not only survive, but prosper.

Look for the Airstream lining, and look for the silver lining!

Wally made it through, and Thor definitely will make it through.
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