Okay, now this is just the most 'whacked out' plan ever. The U.S. Government, the same entity that brought you: Auto Bailouts, Bank Bailouts, Stimulus, zero percent fed funds rate, rising unemployment, and a penchant for printing money faster than a nuclear particle accelerator. Now came up with the brillant idea of gauranteeing your new car warranty, if the auto industry goes out of business.
Yeah right, like anyone is buying a new car. I was at the dealer today and it was a fricking ghost town!
What does a gaurantee mean when the dollar falls below the peso?
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