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To: Tenchusatsu who wrote (335531)4/26/2007 10:02:44 PM
From: bentway  Respond to of 1575627
 
"Two cars for one person? Yeah, I should be so fortunate ..."

"Sixty percent of U.S. households have two or more cars, according to 1996 estimates by Urban Decision Systems. In 1960, just 20 percent had two cars. In 1990, almost 16 percent of households had three or more cars; in 1960, fewer than 3 percent did. Counties with the highest proportion of multi-car households (shown in red) also tend to have a high proportion of two-earner households. In the Minneapolis suburbs of (2) Scott County, MN, 77 percent of 22,900 households have two cars and 70 percent of women are in the labor force. Nationally, the share Of working women is 59 percent."

I know you could afford ate LEAST two! I have two and a motorcycle. You can get a solid used car for less than a grand.
Then, just get liability on it.



To: Tenchusatsu who wrote (335531)4/27/2007 10:00:12 AM
From: tejek  Read Replies (1) | Respond to of 1575627
 
Poor U.S. growth sends dollar to record euro low

Fri Apr 27, 2007 2:21 PM BST
By Veronica Brown

LONDON (Reuters) - Weaker-than-expected U.S. first quarter growth drove the dollar to a record low against the euro on Friday and added to losses on equity markets, stoking investor expectations for a Federal Reserve rate cut.

Wall Street looked set for a poor start after the Commerce Department said weaker exports and a steady slide in spending on homebuilding had helped slow U.S. economic growth to its softest pace in four years.

Gross domestic product or GDP, which measures total goods and services output within U.S. borders, increased at a weaker- -than-expected 1.3 percent annual rate in the three months from January through March.

A price gauge favored by the Federal Reserve - personal consumption expenditures excluding food and energy items - increased at a 2.2 percent rate in the first quarter, slightly ahead of forecasts for a 2.1 percent advance.

That was up substantially from the fourth quarter's 1.8 percent rate and is likely to keep Fed policy-makers wary about the potential for a pickup in inflation.

"The (GDP) report's not good, whatever way you look at it, for the dollar. You have a low GDP growth and a high deflator and that's the worst combination. The idea of stagflation will not be far from the market's mind," said Steve Barrow, currency strategist at Bear Stearns.

The euro shot up to $1.3682, its highest ever level while European stocks dipped further. The FTSEurofirst 300 index was down 0.7 percent. Continued...

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