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Old 03-15-2009, 05:45 PM   #7
Alan Roehrich
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Default Re: So...................

Lynn,
I disagree. I know plenty of people who either already have money they could spend, or could very easily borrow money, and plenty either way. They will not now nor will they in the near future spend much, if any of that money. And they will not borrow any either, regardless of how easy it is.

I have lousy credit, we were forced into bankruptcy by an unscrupulous creditor when my wife had cancer a few years ago. I can borrow money, if I want to. The credit crunch isn't so bad as you might think. But consumer confidence is so low that nothing is selling.

A lot of people who have a fair amount of money because they are smart and work hard are spending it very conservatively. Racing is not cheap, broke stupid people either don't race, or they don't race long. That's why car counts are down, and will continue to be down.

There's plenty of talk about how "negativity" is part of the problem. Well, maybe so, but dishonest "positive talk" won't help things either.
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