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<blockquote data-quote="Babagounj" data-source="post: 855406" data-attributes="member: 12952"><p><a href="http://washingtonexaminer.com/blogs/beltway-confidential/2011/07/how-will-obama-bribe-auto-industry-accepting-new-fuel-economy-sta?utm_source=feedburner+BeltwayConfidential&utm_medium=feed+Beltway+Confidential&utm_campaign=Feed%3A+BeltwayConfidential+%28Beltway+Confidential%29feed&utm_content=Google+Readerfeed&utm_term=Google+Readerfeed" target="_blank">Washington Examiner</a>:</p><p>The Obama administration is preparing to propose that would effectively mandate what type of cars Americans have to drive.</p><p>The <em>New York Times</em> <a href="http://www.nytimes.com/2011/07/04/business/energy-environment/04mileage.html?sq=auto%20industry&st=cse&adxnnl=1&scp=2&adxnnlx=1309881627-1djuAyl6MH6OPISLC19Omw" target="_blank">reports</a> that the auto industry is busy pushing for handouts from the federal government in exchange for accepting new fuel standards:</p><p>The automakers say the standard is technically achievable. But they warn that it will cost billions of dollars to develop the vehicles, and they express doubt that consumers will accept the smaller, lighter — and in some cases, more expensive — cars that result. . . .</p><p>It’s pretty clear where this is going. <strong>The Obama administration wants to raise fuel economy standards to satisfy the environmental lobby heading into an election year so he’s imposing new regulations, but to get the automakers to swallow the changes, he’ll have to offer them various subsidies. In the end, consumers will be punished with less choice and lighter/more dangerous cars, while taxpayers will help to pay the bills</strong>.</p></blockquote><p></p>
[QUOTE="Babagounj, post: 855406, member: 12952"] [URL="http://washingtonexaminer.com/blogs/beltway-confidential/2011/07/how-will-obama-bribe-auto-industry-accepting-new-fuel-economy-sta?utm_source=feedburner+BeltwayConfidential&utm_medium=feed+Beltway+Confidential&utm_campaign=Feed%3A+BeltwayConfidential+%28Beltway+Confidential%29feed&utm_content=Google+Readerfeed&utm_term=Google+Readerfeed"]Washington Examiner[/URL]: The Obama administration is preparing to propose that would effectively mandate what type of cars Americans have to drive. The [I]New York Times[/I] [URL="http://www.nytimes.com/2011/07/04/business/energy-environment/04mileage.html?sq=auto%20industry&st=cse&adxnnl=1&scp=2&adxnnlx=1309881627-1djuAyl6MH6OPISLC19Omw"]reports[/URL] that the auto industry is busy pushing for handouts from the federal government in exchange for accepting new fuel standards: The automakers say the standard is technically achievable. But they warn that it will cost billions of dollars to develop the vehicles, and they express doubt that consumers will accept the smaller, lighter — and in some cases, more expensive — cars that result. . . . It’s pretty clear where this is going. [B]The Obama administration wants to raise fuel economy standards to satisfy the environmental lobby heading into an election year so he’s imposing new regulations, but to get the automakers to swallow the changes, he’ll have to offer them various subsidies. In the end, consumers will be punished with less choice and lighter/more dangerous cars, while taxpayers will help to pay the bills[/B]. [/QUOTE]
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