Announcement

Collapse
No announcement yet.

What Do I need to Do, to put You in that Car Today?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • What Do I need to Do, to put You in that Car Today?

    Auto Dealers Could Be Exempt From Proposed Regulator’s Oversight

    By BINYAMIN APPELBAUM

    WASHINGTON — The nation’s 18,000 auto dealers appeared likely on Tuesday night to win a legislative triumph that would protect their businesses from oversight by a new consumer protection regulator.

    Senate Democrats agreed for the first time Tuesday to exclude auto dealers, yielding to the insistence of centrist Democrats in the House. A final deal still was being negotiated Tuesday night; Senate Democrats were pressing to place the industry under some degree of additional scrutiny by other federal agencies.

    “The political reality is that those of us who have fought against an auto dealer carve-out can’t prevail,” Representative Luis V. Gutierrez, Democrat of Illinois, said Tuesday.


    The National Automobile Dealers Association has spent more than $3.5 million on lobbying since the beginning of 2009, and dealers and their employees made almost $10 million in political contributions during the 2008 election cycle, according to the Center for Responsive Politics, a nonpartisan research group.

    Otherwise known as enough....

    http://www.nytimes.com/2010/06/23/bu...empt&st=Search

  • #2
    Re: What Do I need to Do, to put You in that Car Today?

    Originally posted by don View Post

    The National Automobile Dealers Association has spent more than $3.5 million on lobbying since the beginning of 2009, and dealers and their employees made almost $10 million in political contributions during the 2008 election cycle, according to the Center for Responsive Politics, a nonpartisan research group.
    That is a laughable sum of money nowadays.

    We gave what $160+ Billion to AIG alone?

    We are spending what...$1B for a 5-day G20 pow wow in Toronto?

    I pity the car dealers and their millions...

    Comment

    Working...
    X