I watch and read about the current state of the big 3 and wonder what they are expected to do with the money they receive? Are they going to shore up cash for capital expenditures for switching over to fuel efficient devices? Are they going to infuse their own in house banks, GMAC and whomever is Ford's? If those billions roll to FUND purchases that would be a step forward in getting IRON moving. Because right now IRON is just standing still.
Could those [ banks ] generate a new contract that identifies the possibility of your losing a job in the short term and provide leniency if it is documented back to the lender? Would the whole repossession system stop the old way of shuttling the assets to the auction where we can get a better price, and keep them local to be resold? Last, will the Big 3 start their own floorplan system for resellers for the short term instead of making them get the funding on the dealership level? They made those beasts, at least help the local dealers hold on to them longer. Any comments? -- Stephen Russell Sr. Production Systems Programmer Mimeo.com Memphis TN 901.246-0159 _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
