The unholy alliance

Eric Peters explains why government automobile safety regulations are the best thing going for major auto makers:

"Walking arm in arm, the major automakers and their friends in Washington know they serve one another's best interests now.

And their interests include keeping you and any other subversive tinkerer off the field. They want the market cornered.

Once you grasp the nature of this symbiotic relationship you will understand why there hasn't been a single successful new car company (outside of politically correct and wholly government-subsidized efforts such as Tesla Motors, producer of the $100k electric Edsel) in decades -- and a winnowing of the previously existing herd down to a handful of enormous cartels that are (drum roll, please) 'too big too fail.'"

We won't tolerate tinkerers anymore, will we?  Step by step, start up opportunities are crushed.


 

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