Honest Money

Gold is Wealth Hiding in Oil

Toyota & Thalidomide – developing

Posted by Ivo Cerckel on February 25th, 2010

“Imagine there’s no countries. It isn’t hard to do. Nothing to kill or die for …”
(John Lennon)

The USA National Highway Traffic Safety Administration (NHTSA)
which is being described as a “lapdog” rather than a “watchdog”
for unhealthily close ties with the companies that it was supposed to regulate,
and for its tardy response to consumer complaints (1),
did nothing after it became clear that many Toyota cars crashed upon their accelerator pedal getting stuck, thereby killing its passengers (and others). (2)

Did the USA guv’mint need this -
to justify further protectionism
or
any other (financial) regulations?

Is this thalidomide all over again?

Thalidomide had been tested before use.
Thalidomide was created by the Nazis.
Its origins go back to 1938 and one Frances Oldham Kelsey.
Thalidomide was marketed since 1957. Kelsey was only appointed to the USA Food and Drug Administration (FDA) after the 30 April- 1 May 1960 Düsseldorf Congress of neurologists warning of the dangers of thalidomide.
In 1938 the name of Frances Oldham Kelsey, at the ripe old age of 24, appeared at the FDA in connection with the Elixir Sulfanilamide disaster.
Upon Kelsey feigning to ignore the April-May 1960 Düsseldorf Congress, USA president John F. Kennedy honoured Kelsey in 1962 with a presidential award for having saved his country from her product.  (3)

Ivo Cerckel
honestmoney@maktoob.com
http://twitter.com/ivocerckel/

NOTES

(1)
From The Times February 25, 2010
Toyota chief was unaware of acceleration problems despite years of complaintsAlexandra Frean US Business Correspondent
http://business.timesonline.co.uk/tol/business/industry_sectors/transport/article7040371.ece

(2)
From Times Online February 24, 2010
Toyota chief to face crash victims’ family
Leo Lewis and Alexandra Frean
http://business.timesonline.co.uk/tol/business/industry_sectors/engineering/article7038946.ece 
SNIP
shame on NHTSA [the US National Highway Traffic Safety Administration] for not doing your job

(3)
human testing – updated 15 Sep 2009
by Ivo Cerckel
http://bphouse.com/honest_money/human-testing/
[If the link does not work, try to copy it and paste it in your browser]

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