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Old 12-09-2011 | 07:10 AM
  #42  
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Winged Wheeler
Libertarian Resistance
 
Joined: Feb 2007
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From: 757 FO
Default contemporaneous stupidity and corruption

Big gov't regulators looking out for big business at the expense of taxpayers and consumers. How do we justify something like a taxpayer funded NHTSA when they do this? How would a "free market" regulatory mechanism have done worse?

"Yet, almost five months went by before either GM or the US National Highway Traffic Safety Administration (NHTSA) told dealers and customers about the potential risks and urged them to drain the battery pack as soon as possible after an accident.
Part of the reason for delaying the disclosure was the "fragility of Volt sales" up until that point, according to Joan Claybrook, a former administrator at NHTSA."

Read the whole thing here:

BBC News - GM Chevrolet Volt: Buyers spooked by electric car fires
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