Friday, September 19, 2008
Ever heard of the Dale? If not, where were you in the 1970's automotive world? The Dale was the biggest automotive fraud of of the 70's, where "transgender" Liz Carmichael bought rights to a three-wheeled "commutercycle" that got 70 mpg. She formed the Twentieth Century Car Corp., and produced pamphlets and prototypes for their car. They got over 2 Million in investor's money, then were charged with fraud. Liz, actually just a regular man, not a transgender, was prosecuted along with many other top executives of the corporation. Just think, if one of the big three had bought those rights, would the Dale have become a reality? I couldn't find much on the web about it, but I found this photo at www.threewheelers.com/dale.html. It's sad that some people do that, pretend they have a car to build and take the money of people instead of making it. But yet again, depending on your style, it may be too ugly for you. Not me!