“By definition the government had inside information (when it sold its stake in GM),” says Newman. “The Transportation Department knew there was a problem with these vehicles as early as 2007. That doesn’t mean somebody connected all the dots and passed the information from the Transportation Department to Treasury but it’s the government, so the government did have inside information.”
OUTRAGE OF THE DAY!
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
So when 'Mertha Stewert' does it it's called insider trading and she actually got to spend some time in Club Fed. The Obama administration does the same thing on a much larger scale and it's just the Gubment finishing a round of helping out private industry, nothing to see here - move along...
I can explain it to you but I can't understand it for you.
"Any man who thinks he can be happy and prosperous by letting the Government take care of him; better take a closer look at the American Indian." - Henry Ford
Corruptissima re publica plurimae leges; When the Republic is at its most corrupt the laws are most numerous. - Publius Cornelius Tacitus
DETROIT (AP) — General Motors revealed in court filings late Tuesday that it will soon ask a federal bankruptcy judge to shield the company from legal claims for conduct that occurred before its 2009 bankruptcy.
The automaker's strategy is in a motion filed in a Corpus Christi, Texas, federal court case, and in other cases across the nation that involve the defective ignition switches that have led GM to recall 2.6 million small cars.
GM has said at least 13 deaths have been linked to the switch problem. The switch can unexpectedly slip out of the "run" position, shutting down the engine, knocking out power-assisted steering and power brakes, and disabling the air bags. GM admits knowing about the problem for at least a decade, but it didn't start recalling the cars, including Chevrolet Cobalts and Saturn Ions, until February.
Welllllll, if "corporations are people", and there is documented proof that the corporation/(aka "people) refused to repair it (because it would cost about $1/unit to fix it), or even inform the customers of it, (and it killed 13 people), I think "willful negligence ending in death" is worth the death-penalty for a few of these overpaid bozos. I'd be all for the "corporations are people" argument if they would apply the death penalty in cases of willfull negligence. Maybe reading about what they had for their "last meal" before the drugs started flowing would get their attention?
Toyota? (6 deaths and 700 accidents)
Dow-Corning (Bhopal, India)? (Over 15,000 people died, 500,000 injured in the accident)
Fertilizer plant in West, Texas? (14 confirmed dead)
British Petroleum (BP) for the 11 workers who were vaporized when the oil rig blew up?
