[BROOK]

From personal experience....I'm a finance Director for a major Auto Dealer CORP....

This has been a WALL STREET game...wanna hear how it goes?

Since last December...the game went like this....

Sales were down...direction was in the area of CASH FLOW....it does not matter if you sell a car or not..the money MUST get paid by the BANK within 5 days or less....Pay plans were adjusted for this.

As long as you had cash flow..the banks looked solvent.

The banks now look steady...then comes out a stimulus package..."cash for clunker"...and sales go wild...banks are lending..and people are buying....

Problem...Factories have cut back production....dealers are running out of the bread and butter of vehicles that keep the steady flow of business....

Are you seeing a trend here yet????

Let me help you out...this is a wall street game if ever there was one...
This weekend is a big sale weekend for American car dealers...and inventory was depleted just before the big weekend..timing is everything here...the vehicles we need won't be available until mid September...too late for the big sale weekend here this weekend....

Now...wall street has an agenda to ramp up inventory production....problem is...this will be too late for the car buying season...and October will see a major decline in Auto sales....mark my words....banks will lower interest rate..and already have....adjusted yesterday....rates have not been that low all year...it's a a wall street game....both Republicans and Democrats are manipulating this game

Those dealers that closed...despite their affiliation with any party...I can assure you they were not following the "cash flow" program...and opted for the sales program...in other words..they were doing business as usual..trying to stay afloat....by sales...and not going the route of the "cash flow" agenda that was in place.

There were a lot more dealers closed then those mentioned at that time frame...from different manufacturers ....and I'm absolutely convinced they were trying to stay afloat by means of sales rather then the agenda to make the banks look solvent...at a time right after the big bail out

This is my job..this is what I do..and I've seen the trend for a year now..and the buying policy of the banks...and how the game has been manipulated

Never in the 20 years that I have been doing this has Cash flow been more important then sales...it's very important..but has never taken front seat to sales...ever