17 Billion is Not Enough

The auto suppliers are already clamoring for their own bailout! The ink for the Chrysler/GM bailout is not even dry yet.

U.S. auto-parts suppliers want aid from the federal government, now that General Motors and Chrysler LLC have gotten approval for a $17.4 billion lifeline.

"The next critical phase is the supplier community, which is facing the exact same financial crisis as the manufacturers," said Neil DeKoker, CEO of the Original Equipment Suppliers Association in suburban Detroit. "We're requesting assistance from the presidential transition team."

The game to play is "Who gets the bailout?" Where the player try to guess the industry or company seeking a bailout next. My pick is the states and municipalities are next but I may be early on that. Their bailout will come in the form of the Pelosi stimulus package that Obama supports.