On the TALF program and on the inventory—and I applaud the efforts that are being made to address the actual retail piece, because that's what we have in place right now—I think the looming potential problem is the one on flooring, which is good to hear everybody.... It's not just an auto issue, because the TALF program is running into the same issues as the BDC up here, in that it calls for it to be AAA. There's no way, with a GM or Chrysler covenant behind it, that you're going to get anything rated up to AAA if they're responsible for buying it back. That's one thing that I think needs to be addressed from a government standpoint to get things going, because if dealers can't carry the inventory, it doesn't matter what consumers are going to want; they're not going to have it in stock and be able to get it.
On April 30th, 2009. See this statement in context.