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Toyota
Yes, the Dumb Buggers Stepped on the Gas
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Such were the wise words of P. J. O’Rourke the last time drivers tried to blame their car accidents on “sudden unintended acceleration.” And now it has happened again.
The animal is extremely vicious. When attacked, it defends itself
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Ted Frank, of the Manhattan Institute’s Point of Law blog, posts a letter about the Toyota affair that he sent to the New York Times but that (naturally) went unpublished.
To the editor:
Prosecutions Will Define Meltdown Narrative
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Larry Ribstein has a penetrating blog post on the forthcoming civil and criminal prosecution of Countrywide Financial and its former CEO Angelo Mozilo. Mozilo is a key figure both for those who blame the financial collapse on “greedy bankers” and for those who blame it on government action.
The Great Toyota Persecution
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Toyota. The indispensable Michael Fumento has posted his forthcoming Forbes column at his Web site. His survey of the database at the National Highway Traffic Safety Administration shows that it is a undigested lump of unevaluated complaints: