26 February 2010

Denouncing and Demonizing Toyota

John Stossel declares, correctly, that the blood in the water regarding Toyota Motors is nothing more than a power grab so that Government Owned GM can get a greater share of the automobile market.

But to put the Toyota problem in perspective, before all the media hype, 19 fatal accidents were linked to faulty gas pedals and floor mats over the last decade. That's fewer than 2 each year. Compare that to America’s 40,000 annual fatal car crashes.

As David Champion, director of automobile testing for Consumer Reports, said to The Guardian:

"I find it a little odd that we're going to have a Congressional hearing to look at those two deaths out of 40,000... you have to look at death rates in safety terms rationally."

No one looks at safety “rationally” when the media and Big Government are stirred up.

Read more: http://stossel.blogs.foxbusiness.com/2010/02/24/the-parasite-circuit/#ixzz0geqWRqSl



Read the quick article -- it's amazing at how the government is using every shady, back-door technique in the book to demonize private industry in order to insinuate itself into a litany of enterprises. They don't want to take over Toyota, obviously - but their intent seems to be a move at leveraging GM into a better position.

It's scandalous but I am not surprised at how Obama can go when it comes to political scheming.

3 comments:

Anonymous said...

Ever notice that the only car gooks drive are Toyotas, Nissans and the various other cars from gookland.... Never seem a zipperhead driving a Ford...

Rue St. Michel said...

Actually Ford is currently the No. 2 best selling new brand in all of Europe. Story here.

The company is doing well in China too with sales of Fords up 128% and the 12th straight month of year-on-year growth.

I think the Asians here drive Hondas, Toyotas and Nissans not because they're gravitating to "their own" but because they're solid cars and dependable.

Anonymous said...

Thanks RSM for posting this.I have been trying to point this out to pewople,but they are just drinking the kool-aide.