UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: NewEchota Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1879328  
Subject: Re: More Obama regs Date: 12/13/2012 4:47 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 46
TheDope1: What's the harm in this? Everybody knows that there will be no cost to develop black boxes and put them in cars...

Um, for the clueless, those black boxes have been around since 1996, are found in at least 60 million vehicles, and are a feature in 85% of new cars every year.

Here's the 2006 NHTSA requirement to manufacturers to disclose those (already developed and installed) black boxes to consumers:

http://www.nhtsa.gov/About+NHTSA/Press+Releases/2006/New+DOT...

TheDope1: The federal government has every right to this data because it needs to know where you go and what your habits are.

And you're wrong yet again...

The bill is actually good for privacy in a few ways. In the past, there were questions about whether the data belonged to the manufacturer or the owner. This would establish that the data in the recorder belongs to the owner (or lessee) of a vehicle, meaning that interested parties such as insurance companies, dealerships, or advertisers won’t be able to collect info from your black box without your permission. The only exceptions would be when a court grants access to law enforcement, when an emergency medical team needs the info, or in the event of a National Transportation Safety Board investigation (I’m sure the gov had the Toyota accelerator investigation in mind here). Two wins for privacy here: insurance companies aren’t granted access to the valuable boxes and the bill says police have to get a court order to peek at the data under your hood.

http://www.forbes.com/sites/kashmirhill/2012/04/19/hate-to-b...

LOL @ the clueless.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

Invest Better Hub
Take advantage of our newest free service, Invest Better!
New Fool-Branded Credit Card Available!
How does your card compare to ours?
Post of the Day:
Macro Economics

Book Review: "The World Before Yesterday"
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Facebook Fool Fan Club
Be a fan of the Fool over on Facebook!
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Get the Fool Phone App
Save and share content, zero in on sectors, podcasts, and much more!
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement