4.8 • 3.3K Ratings
🗓️ 28 March 2016
⏱️ 29 minutes
🧾️ Download transcript
Libertarian car expert Eric Peters returns to the show to discuss a smorgasbord of topics, including the bubble in the used car market, how to get around government regulations by (essentially) calling a car a motorcycle, and the state of diesel vehicles in the U.S. market in the wake of the VW scandal.
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0:00.0 | The Tom Woods Show, episode 627. |
0:03.4 | Prepare to set fire to the index card of allowable opinion. |
0:08.0 | Your daily dose of liberty education starts here, the Tom Woods Show. |
0:14.5 | Gang, if you want to learn the formula for how to set up and execute a successful email campaign to increase your sales. Then check |
0:23.3 | out the resources Daniel Levis has got up. He's doing a couple of encore webinars this week, the week of |
0:28.7 | March 28, 2016, and then he's taking it all down. So check it out at tomwoods.com slash Daniel |
0:35.9 | and give yourself an unfair advantage over your competitors. |
0:41.0 | Tom Woods.com slash Daniel. Hi everybody. Tom Woods here. Eric Peters joins us once again. |
0:47.7 | Because I'm in a car mood today. We want to talk about cars and government policy, usually a toxic mix. And Eric is the best guy to talk to because |
0:57.7 | he's sound on all issues. He's politically sound and he's sound to the point of view of automobiles. |
1:04.4 | He's a great person to talk to. As you know, if you've heard him on the show in the past, he runs |
1:09.0 | E.P.Otos.com. That stands for Eric Peters. So |
1:13.0 | E.P.O.O.com is definitely a site you're going to want to check out. Stay tuned after my |
1:19.5 | conversation with Eric because I got a really nice freebie for you guys today. So stay tuned |
1:24.2 | for that. Eric, welcome back. Good be back, Tom. Let's see. Basically, I have you on every |
1:30.0 | once in a while, and then we go over what you've been doing, and it's all news stories. It's all |
1:34.2 | fresh stuff that I don't know about. And also, you keep on top of stories that are in the |
1:39.3 | headlines for a few days, then they tend to fall out of the headlines. You're always following |
1:43.5 | them. So let's start |
1:45.4 | with the situation facing VW. Let's remind people what that's all about, and then how this |
1:52.5 | affects diesel vehicles. Well, Volkswagen was accused by and admitted to, and I put it in air quotes, cheating on the federal government's emissions tests with regard to its diesel engines. |
2:06.8 | And the fallout from that has been a major federal investigation and potential fines of up to $46 billion, not million, but billion dollars. |
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