Tuesday, September 30, 2008

Sonic Threatened By Financial Crisis

From a McCain press release:

      Sonic Corporation, a drive-in restaurant chain based in Oklahoma, learned on Thursday that one of its lenders, GE Capital, had stopped extending new loans to the chain's franchisees. That will block plans to rebuild restaurants, add equipment and open new locations. When small businesses like Sonic franchisees can't borrow, contractors don't get the remodeling work, equipment-makers lose sales, and restaurants go out of business. It hurts the entire community.

Chaka sez: "He doesn't mention the most important thing: the dire threat to the Banana Cream Pie Milkshake!"

Mrs. Chaka sez: "They probably don't need a line of credit to buy bananas. But maybe we should drive to Lockport right now."

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