Billion here. Billion there. After a while, you have some real money (problems)... it is only money. Actually, at this point, we are using the Credit Cards...
The Obama administration is planning to announce a financing facility that would provide up to $5 billion in assistance to the country's beleaguered auto-parts suppliers, many of which are teetering on the edge of bankruptcy.
http://online.wsj.com/article/SB123747406976485103.html#mod=djemalertNEWS
How about the Treasury introducing Bailout Bonds?
Why should only China get our interest payments?
Hey, let's get some of this action for USa!
About this Supplier Bailout.
We pay the money to the Auto Companies, and they turn around and give their business to the suppliers.
The suppliers that get the most business, survive.
FD.
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