Auto suppliers organize for bailout. (loans, buying, money, government)

[pinetreecity]

It appears that the auto suppliers, who are suffering along with the rest of the auto industry, are organizing among themselves to put together a plan to ask the government for $10 billion in loans.

Auto suppliers get organized, ask Treasury Dept. for $10 billion in loans - Autoblog

[evilnewbie]

They probably say "but the automakers cannot survive without autoparts." give us the money or ELSE! You already gave the automakers and will continue to give them billions... you don't want to lose those billions do you? Stupid government, stupid people... welcome to Socialism of America....

[HappyTexan]

Well let's follow this. Eventually it will come down to us getting bailed out because without us "buying" their cars none of them will survive.

It's unbelievable that the government actually thinks by saving the "guy at the top" will help the guy at the bottom who is falling further and further behind thanks to them.