LAWMAKERS-Federal Trade Commission-Used Car Sales
LAWMAKERS-Federal Trade Commission-Used Car Sales
LAWMAKERS-Federal Trade Commission-Used Car Sales
LAWMAKERS-Federal Trade Commission-Used Car Sales
Cokie Roberts-intro report on the Federal Trade Commission, a much criticized regulatory Bureaucracy, controversy over law passed by congress to control FTC.
LAWMAKERS-Federal Trade Commission-Used Car Sales
Shot of Senator Larry Pressler (R-SD), argues that an FTC regulation on used cars is inappropriate. MCU printout of resolution 33.
LAWMAKERS-Federal Trade Commission-Used Car Sales
Shot of a used car salesman, saying that almost all car dealers are 'Absolutely Honest. Shot of another used car dealer, saying it's in dealer s interest to make customers happy. Shots of customers with dealers checking out used cars at used car lot. Cokie Roberts voiceover saying - consumers complain to FTC about used cars more than anything else, FTC passed rules requiring used car dealers to point out defects of cars to customers. GV car driving, pan used car lot. CU printout of Used Car Buyer s Guide . Shot of used car salesman saying the law is bad for public, because cost to dealer is just passed on to consumer.
LAWMAKERS-Federal Trade Commission-Used Car Sales
Shot of Anne McBride of Common Cause, saying that FTC estimates the rule will cost 18 cents per car.
LAWMAKERS-Federal Trade Commission-Used Car Sales
Shots of a senate committee in session regarding the used car regulation. Senator Pressler arguing against federal regulation. Shots of committee hearing with charts and graph against the federal regulation. Cokie Roberts voiceover- lobbying strength of used car leaders is a factor.
LAWMAKERS-Federal Trade Commission-Used Car Sales
Shots of a senate committee in session regarding the used car regulation. Thomas Greene of the National Auto Dealers Association testifying to committee about the "burden" of FTC regulations, calls the rules "gibberish".
LAWMAKERS-Federal Trade Commission-Used Car Sales
Shot of Senator Robert Kasten (R-WI), saying that congress must be careful about giving the feral trades commission too much power, strike a balance of interests.
LAWMAKERS-Federal Trade Commission-Used Car Sales
Shot of Anne McBride of Common Cause saying that 80 percent of congressmen favoring removing FTC rules got campaign contributions from the auto dealers.
LAWMAKERS-Federal Trade Commission-Used Car Sales
Shot of Senator Wendell Ford (D-KY), defending himself against insinuation of influence peddling.
LAWMAKERS-Federal Trade Commission-Used Car Sales
Shot of Representative George Danielson (D-CA), saying that if Congress gets the power to veto FTC regulations, the number of votes by congress will make it impossible to get anything done.
LAWMAKERS-Federal Trade Commission-Used Car Sales
Duke and Cokie Roberts discussing changing relationship of congress to regulatory Agencies, political winds pushing congress to try to favor big business in regulations arena.