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The National Highway Traffic Safety Administration that says says the -- bold.
The controversial electric car of the Obama administration has touted as a major step forward.
Step towards -- -- future is perfectly safe to drive but does the government have too much of the vested interest in the bulk.
Joining us now is Mark Murray kept from Philadelphia the national legal and policy center associate fellow welcomed -- the show markets great to have you here.
We -- -- and -- on this right I mean in the federal agency do you disagree.
Yeah considering that them their boss President Obama has a vested interest in a vehicle.
I mean -- the guys basically campaigning.
Based on the success of General Motors in the Chevy volts so.
The conflict of interest is just obvious.
Particularly as they refuse to exit the taxpayers' stake in GM.
They're just they're just doing whatever they can help General Motors down and promote the -- And it's a little.
The hypocritical and ironic that.
Akerson there the CEO of General Motors is complaining.
That the criticisms of the vault -- some politics since this vehicle has been nothing but about politics since its rollout.
Well I agree with that it has been about politics that's for darn sure Margaret.
Let me -- is a pretty serious criticism and to Levy against the federal government that they're willing to have consumers injured or even die.
Just did put forward a political idea you stick by it.
Well you know the evidence is there that net so -- poll of five months.
Before the disclosing that there was a fire and that was only after a Bloomberg report.
Hit back down said that that fire existed so it just seems to have been a double standard.
With how they treated the Toyota investigation.
And how they treated the Chevy Volt and if you want more evidence just look at statements that came out of -- that.
Before the investigation was complete -- -- began.
They said the car is safe electric vehicles -- does great and they are not as dangerous as.
Conventional vehicles and then an even start the investigation and they declared the cars -- safe how can you do that how.
-- saying OK so you have -- said that GM has had a culture of deceit.
Since the -- what do you mean by that another heavy charge.
Well you know -- anybody who's followed GM has seen a -- starting with the bell out.
The Obama administration's auto task force had -- stated goal.
Of restructuring General Motors and Chrysler outside of bankruptcy.
The -- head of that task force Steve Rattner.
-- has admitted.
That they had never intended to do this outside of bankruptcy what they intended to do -- plan the bankruptcy.
And then they were gonna blame the bond holders for GM going bankrupt by not agreeing to a deal that was designed to fail so it was very deceptive.
Most Americans didn't follow the story in realize it.
But we -- all basically lied to about the true intent of the task force there was never any plans of doing this outside of bankruptcy that was all designed to just well.
It was a wealth redistribution from bondholders and shareholders and taxpayers to the UAW.
And you know the cronies of the Obama administration.
While -- give -- chance for the GM CEO to have his say GM's CEO Dan Akerson had this to say.
We engineered to -- to show the world what great vehicles we make a General Motors although we loaded the volt with state of the art safety features.
We did not engineer the vol to be a political punching bag.
And sadly that's what it's become.
Sadly true but sadly I mean.
It is not my -- dollars to buy this vehicle which by the way starts at 40000 dollars who are we -- -- who is getting this this taxpayer credit this money.
From the taxpayers to buy this vehicle that is in question.
Well it is said because taxpayers are paying 7500.
Dollars to reimburse wealthy purchases of the -- The average income of the people who buy this is over a 170000.
I guess the Obama administration feels the wealthy should pay their fair share but not if they're buying Chevy Volt so.
These people can afford the car that's great if they like the car that's -- nothing against the volt.
But if you have the money purchase that without other taxpayers paying for representative Mike Kelly has -- bill -- introduced.
To kill that 7500.
Credit and not people should be supporting that and -- it's even more egregious when you look at 100000 dollar -- spears and that's -- But this is crazy for taxpayers to have to pay for the wealthy to buy this thing.
You know and what's funny is that the at the dealerships they don't even want these cars because they can't sell them.
Not so they're trying to turn -- back mark it's great to have you on the show thanks so much for coming on Smart stuff thanks Chris staff sir thank you.
-- to be.
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