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Trouble in Missouri

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51–56 of 56 posts

Re: Trouble in Missouri

#51

I live in Kansas City, MO (Independence, actually). I just called my representative's office. You can find yours here: http://www.senate.mo.gov/LegisLookup/default.aspx/default.as... My statement was as follows if anyone cars to piggy-back/draw inspiration. Hello, I am a constituent and I'd like to voice my opposition to House Bill 1124 in its current form. It has recently had anti-competitive and anti-consumer langu…

Great! Thanks for this. Just called Gary Cross and left a message for him, even though his secretary sounded like she had no idea what I was talking about. I'd assume I was the first one. Edit: Turns out my rep, Gary Cross, owns a dealership in my hometown. Seems like I'm screwed in terms of being represented. For anyone curious, I found the bill. http://www.senate.mo.gov/14info/BTS_Amendments/?SessionType=... Page 3…

I saw a Gary Crossley dealership, but how did you find out what dealership he owns?

I'm from Independence, but currently in Tacoma, WA. I have family there though so really interested in getting them involved.

Re: Trouble in Missouri

#52

Earlier quoted context omitted.

Great! Thanks for this. Just called Gary Cross and left a message for him, even though his secretary sounded like she had no idea what I was talking about. I'd assume I was the first one. Edit: Turns out my rep, Gary Cross, owns a dealership in my hometown. Seems like I'm screwed in terms of being represented. For anyone curious, I found the bill. http://www.senate.mo.gov/14info/BTS_Amendments/?SessionType=... Page 3…

I saw a Gary Crossley dealership, but how did you find out what dealership he owns? I'm from Independence, but currently in Tacoma, WA. I have family there though so really interested in getting them involved.

A friend on facebook mentioned it. I'd assume he's related to Dave Cross[0], but like I said, that's just from a facebook friend, so not entirely sure where he figured it out. I'll ask him to make sure I'm not spreading misinfo.

For what its worth, Gary Cross at least has a degree in Automotive Sales[1] and has received campaign contributions from Dave Cross motors. I'd imagine the relationship goes deeper.

[0]http://www.davecrossmotors.com/

[1]http://ballotpedia.org/Gary_Cross

Re: Trouble in Missouri

#53
post #20

I find this kind of thing disturbing. How often do companies exploit the legislative process like this but with no opposing side to complain? How much lobbying machinery and back room dealing is designed to achieve precisely this at any level of government? Is there even any way to know, much less do something?

Its called "Regulatory Capture" " rel="nofollow">http://en.wikipedia.org/wiki/Regulatory_capture>. It does not require intense lobbying or backrooms deals. To one side (dealers), this is very, important. To everyone else it is off their radar. So legislators get skewed feedback.

Re: Trouble in Missouri

#54
I understand this particular piece of legislative manipulation is likely the product of some politically-connected dealers or auto lobbies. It does, however, work as a piece with an apparent fringe campaign that has been remarkably successful in lobbying against urban planning and mass-transit projects in the U.S.[1][2]

Based on some collective delusion loosely connected to a voluntary, non-binding U.N. resolution known Agenda 21, activists, mostly connected to the Tea Party and stirred up by such media personalities as Glenn Beck, have managed to successfully shelve these projects for reasons that can mostly be traced to their being supported by their (assumed Democratic) political opponents.

[1] http://www.slate.com/articles/news_and_politics/politics/201...

[2] http://www.nytimes.com/2012/02/04/us/activists-fight-green-p...

Re: Trouble in Missouri

#56
post #46

Earlier quoted context omitted.

Completely wrong? http://en.wikipedia.org/wiki/Retail_floorplan

Read the article you referenced. In a floorplanning agreement, the franchise owners have 100% purchased the inventory and are on the hook for selling the inventory. The purchase money is financed with loans using the inventory as collateral. The dealer fully owns the inventory and (in the absence of side agreements or regulations) assumes all of the liquidity risk. In particular, if a local franchise owner sees the m…

The point is, there is a middle ground between owning everything free-and-clear, and merely acting as a consigning agent for the party that owns everything. Getting a loan for inventory is in that middle ground.
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