Friday Jan 29 2010
GM has offered a $1,000 trade in allowance on Toyotas. Hmm, see our previous post today about the accelerator problem with Toyotas.
Now let's connect the dots.
Toyota has a problem with accelerators sticking.
Toyota recalls vehicles under the DOT regulations, remember the Dept of Transportation is part of the Federal Government.
Toyota does not operate in union shop states for a majority of its plants.
The UAW makes large donations to this Administration. Proof, the Administration left GM bondholders with nothing and made the UAW a big shareholder.
Now the Govt Motors is General Motors.
Just days after the recall, Govt Motors offers incentives for Toyota Trade Ins.
Okay you connect the dots, is there a conflict of interest here? Is the US Govt favoring the UAW, ie, GM Chrysler workers and contributors to the election campaign of the Administration over Toyota?
You tell me.
Oh did I mention that Congress has scheduled hearings on the Toyota recall? Will that be a show trial, remember when Congress excoriated GM et al for flying to Washington DC to ask for a bailout?
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