Quote Of The Day: Screw The Politics Edition
As an American citizen, it is tough on my part to pay tax dollars to an entity that can turn around and use those tax dollars to get my fellow American citizens to not do business with me. The government owns 60% of General Motors, and these American tax dollars are funding business activity for one company, with the express goal of negatively impacting another company
Paul Atkinson, President of Toyota’s National Dealer Council, manages to capture the central problem with government intervention in industry without resorting to the hyperbole that so often accompanies such lines of criticism [via Radio WAOI]. Examples?
There are some mailing lists which have been given to dealers, and there have been some mailers, in fact, I’ve seen several of them. On the outside of the envelope it says “important Toyota recall information enclosed.” But when you open up that envelope, it is nothing more than an advertisement trying to get you to come trade your Toyota in at a GM store.
Your tax dollars at work? What’s worse is that GM and Chrysler’s sales range from mediocre to lousy, considering the opportunity Toyota is presenting them with. And despite ugly tactics like those described by Atkinson, who says angry letters to “Senators and Congressmen, as well as Secretary LaHood” are forthcoming. [Hat Tip: Robert Walter]
It's a joke. Jeeeez. Your congressman is probably chuckilng. Gm doesn't care what the dealer does. The dealer knows his turn is coming. Be nice. Enjoy the moment.
Geeber, The red light cameras are a perfect example. Different jurisdictions have been putting them up without a single tax payer vote. Voters do NOT have a direct say. It has been brought up later in courts and in some cases by votes to take the cameras down, meaning that the tax payers were unwilling and in some cases, have taken action to reverse the actions of the elected officials. The point being that action has taken place that the tax payer didn't like and didn't have a direct say in. The voters DO NOT have a direct say at a local level. There vote merely counts at a higher percentage in the population. My point remains that the tax payers are unwilling. No one votes on tax abatements for different companies. I have never said there isn't a difference between tax abatements and funds to avoid bankruptcy (which didn't avoid bankruptcy in either case). But taking gov't money and then complaining about someone else taking gov't money is a joke. That is essentially crying home to mama about how the other team isn't playing fair. Life isn't fair. Business isn't fair. Instead of crying about, Toyota could be using this to their advantage. The problem is, Toyota has its own problems that are making most news right now and DEALERS, not GM, you know the company that actually took the gov't money, is sending out letters trying to lure the other customers. A dealer talking about unfair tactics is terrible. That is absolutely crying home to mama. I understand that gov't have to account for how money is spent. Corporations do as well when the money is supposed to be earmarked for a particular purpose, like the DoE money some auto manufactures have taken. But what is the difference to the organization that is receiving the money really? If a corporation or gov't is supposed to spend this specific money on a particular project, it means they spend less of their own money to do this. While it might be accounted that the money when there, it is essentially just going into a general fund. Since the corporation can spend less on something because of gov't assistance, it can take the extra funds to do other things. But, again, to the corporation, it makes little difference especially if there are not strings attached. It just becomes profit in the end. Besides, you haven't addressed the real issue here. You have made many statements about the differences in the money you take from local, state and federal gov't. You have also made statements about the different powers at each of these levels. You have made no statements in regards to the fact that all of the communication that is being done here is actually from dealers and not GM. This difference is quite huge.