Conspiracy theory


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Posted by David Sherman [216.18.131.172] on Tuesday, March 09, 2010 at 12:24:53 :

In Reply to: Re: OT Toyota question posted by mannyc [68.165.89.2] on Tuesday, March 09, 2010 at 10:23:49 :

I do think it's interesting that repeatedly on the same day that they have GM announcing some great piece of good news that turns out to be nothing all that wonderful, they'll also release yet another "bad Toyota" story. Sometimes it's another part of the congressional investigation and sometimes it's another wreck. You NEVER hear a story that starts, "A woman was injured today when her GM vehicle ran into building at high speed." even though it surely happens.

I do think there is more going on behind the scenes here. A few years ago, GM and Toyota were equals, were doing a lot of work together, and were looking likely to form a partnership or have one company buy the other. Remember, Chrysler was OEMing its small cars from Mitsubishi, and Ford was selling Nissan pickups as "Rangers". It could be that when GM got in trouble, Toyota was supposed to buy them, like Fiat did with Chrysler, but Toyota refused, so the Government had to do it and vowed revenge on Toyota as a result. I don't care what kind of technical problems they had, it was wrong for a bunch of arrogant senators who wouldn't know a transistor from a rod bearing to call the president of Toyota on the carpet and publicly humiliating him like they did. It's nothing but grandstanding.

Maybe it's true that Toyotas aren't as good as they used to be, but GM vehicles are no great shakes either, so it is curious that they scrape up every good news story they can find about GM, and ignore the wrecks and defects that surely must be happening, while piling on Toyota at every opportunity.

Yes, this is a bit of a conspiracy theory, but I also suspect that an accidental center fuel tank explosion didn't cause the loss of TWA 800, but a deal was made with Boeing that if they accepted that finding, they would get the Air Force tanker contract.

What I'm not sure our congresscritters or our anti-capitalist President knows is that China is no longer buying US government debt, but Japan has stepped up to the plate and is now buying whatever our government wants to sell, and is paying well (low interest rate) for it. If the US government really wants to make life difficult for Toyota/Japan, that country can turn around and make deficit spending very expensive for us.



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