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Why The Government Should Not Run Private Corporations

No doubt Toyota is facing a major hurdle with the recall issues facing the company. The issue of gas pedals sticking is a serious one that must be addressed. And Toyota is in the process of doing just that.

Ford and GM will be the obvious beneficiaries to such a debacle, and that is simply the nature of things.

But for Transportation Secretary Ray LaHood to make a statement telling Toyota owners to stop driving their cars, and later to say he misspoke is a travesty. Toyota stock has taken a nose dive and the Obama Administration is totally to blame.

So, when the government wants to boost sales of Government Motors autos, they just parade a Transportation official in front of a microphone to spread fear and doom, sending buyers to the Government branded motors.

LaHood should resign and the Obama Administration should be held accountable for this blatant attempt to drive business away from a “competitor”.

About Tom White

Tom is a US Navy Veteran, owns an Insurance Agency and is currently an IT Manager for a Virginia Distributor. He has been published in American Thinker, currently writes for the Richmond Examiner as well as Virginia Right! Blog.Tom lives in Hanover County, Va and is involved in politics at every level and is a Recovering Republican who has finally had enough of the War on Conservatives in progress with the Leadership of the GOP on a National Level.

14 Responses to “Why The Government Should Not Run Private Corporations”

  1. Maybe they dont want there citizens driving usafe cars?Toyata had to be begged to have a recall in the first place

  2. Bigvinu says:

    Well, LaHood just said that owners should get their cars checked out (which I believe is what Toyota itself is recommending as well) .

  3. Tom White says:

    Testifying before the House Appropriations committee, LaHood was asked what advice he would give to owners of Toyotas subject to the recall. LaHood was scheduled to speak to the committee, which controls the government's spending, about the fiscal 2011 budget proposals.

    "My advice is, if anybody owns one of these vehicles, stop driving it, take it to the Toyota dealer because they believe they have the fix for it," LaHood said.

    http://www.foxnews.com/story/0,2933,584711,00.htm

    I believe LaHood said exactly what he was told to say. When you are a high ranking government official, you simply cannot say things without measuring them first. Especially in today's market with a hair trigger on the buy – sell button.

  4. I see your point. Where is the line going to be drawn. I would have an issue if it was ford, chrysler or any other american company.

  5. Bigvinu says:

    But LaHood wasn't implying stop driving it, he was saying get it repaired at your local Toyota dealer. If anything, that seems to me to BOLSTER confidence among Toyota drivers by saying that Toyota dealers know how to fix your car from the potential hazard.

  6. Tom White says:

    The problem is, when LaHood made his comments that owners should not drive their cars, Toyota was already in the process of fixing the problem. Letters are being sent to owners and dealers are receiving the parts. At no time were these vehicles deemed unsafe to drive, and LaHood later admitted that. What is bad for Toyota is good for GM. LaHood either made this statement because he wanted to damage Toyota in favor of GM, or he is a complete and utter moron. Either way, he should not be in a high government position.Remember when Chuck Schumer said IndyMac Bank was on the verge of failing? Everyone made a run on the bank to take out their money. The bank failed. That was actually the first domino that led to the economic collapse.

  7. Toyata is a japenese government run company. Should we want to get our invvestment back from our mistake or support a japenese company with subzides? Japan uses a good bit of economic policy that dosent let us sell american cars in japan

  8. Tyler, the issue I am speaking to on this has nothing to do with Toyota or their corporate ownership. Or how the Japanese government interacts with Toyota. FYI, Toyota is a huge international corporation that is publicly traded. The CEO is Katsuaki Watanabe, not the Japanese government.But for the sake of removing the cloud from your eyes and looking at the issue I am concerned about here, just say it is Ford and not Toyota involved. The US Government owns GM and wants it to succeed. If a top government official "accidentally misspoke" and said Ford owners should not drive cars that are involved in a recall, but flood the dealers for a fix, Ford stock will drop, public opinion will turn against them and the government owned company, GM, will benefit from this "mistake".The government has an unfair advantage and is capable of ruining a company with just a few words, and then can say "oops". Sorry. Well, the millions of folks that lost a lot of cash in this debacle are not happy.Sure there is a recall. Sure it is a foreign owned company that is in competition with the US Government. And you may not care about Toyota. But this is a demonstration of the unfair advantage the government holds over all who compete. Toyota employs 380,000 people worldwide, many of them in the US. And the dealers, salesmen and service techs, are paid indirectly.And what will you say when the government runs Health Care in competition with private insurance and some moron government official crashes the stock of Anthem and sends millions running to Obamacare? This is only the beginning.

  9. I do see your viewpoint tom, and governments should not interfere with the free market. It just boils sown to me, who do yoes your loyality lie with the japense govt or the us's?

  10. Oh, my loyalty is with the US, for sure. But I just believe that this issue goes beyond that. I make no comment on the actual details of the recall issue, just the larger picture that the government can crush competition with a carefully (or carelessly) placed word. Oops! Sorry. Another competing business is crushed. The fact that THIS TIME the recipient of the government slip was a Japanese company is not the point. The same thing could have happened to Ford. Interestingly (but totally irrelevant here), I own an all American Dodge Ram Quad Cab 4X4. I also own a foreign car, a Honda Civic. Ironically, the Ram was made in Mexico and the Civic in the US. If the VIN number starts with a 1 or a 4, it was made in the US. 2 in Canada and 3 in Mexico.It is really hard to buy American. Who would think a Ram was not American?

Trackbacks/Pingbacks

  1. […] Others Now Asking if Obama Is Bullying Toyota By Tom White, on February 4th, 2010, at 6:11 pm Since we posted on this subject, it seems others are starting to question Obama’s motives in the hard line attacks on Toyota. (See Why The Government Should Not Run Private Corporations). […]

  2. […] to take off the newspaper review component of the morning show programme, following a protest overWhy The Government Should Not Run Private Corporations …No doubt Toyota is facing a major hurdle with the recall issues facing the company. The issue of gas […]


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Tom White Says:

Nothing is more conservative than a republican wanting to get their majority back. And nothing is more liberal than a republican WITH a majority.

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