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View Full Version : Auto Parts Suppliers Ask For Bailout Now




satchelmcqueen
02-05-2009, 05:10 PM
this is never going to end is it?:mad:

http://www.npr.org/templates/story/story.php?storyId=100301354&ft=1&f=1001

Truth Warrior
02-05-2009, 05:13 PM
I have some slightly used auto parts to supply. ;) :D

heavenlyboy34
02-05-2009, 05:17 PM
this is never going to end is it?:mad:

http://www.npr.org/templates/story/story.php?storyId=100301354&ft=1&f=1001

It's called the Road to Serfdom for a reason. :(:(:p

angelatc
02-05-2009, 05:27 PM
Standard 45 day payment terms? That's unreal.

Most businesses pay in 30 days, some places even go net 15.

If they want the money sooner they should offer a discount for early payment. Lots of businesses do that - give 2% off if the invoice is paid within 10 days.

45 days? That's bizarre!

HOLLYWOOD
02-05-2009, 05:32 PM
This is posted in like 3 different subjects now.

The thing is... It's becoming a colluding manipulation of the money...

Like the government is going to funnel $10+ BILLION through GM, but another $10+ BILLION directly to the parts suppliers.

This is getting ridiculous... and GOVERNMENT is just playing dumb... aka Plausible Deniability!