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comment by b_b
b_b  ·  3349 days ago  ·  link  ·    ·  parent  ·  post: Volkswagen CEO Winterkorn steps down

This shit's gotta get punitive at some point. Car companies, oil companies, drug companies, financial companies, they all abuse and disregard the rules, knowing full well that if they get caught, they'll just pay the price.

    Working in the new CEO’s favor is an automaker that for the moment is financially sound. Volkswagen’s automotive division had net liquidity of 21.5 billion euros at the end of June, and posted record profit of 12.7 billion euros in 2014...

So, even if the fine they incur is $10bln, they'll survive with no consequences besides delaying some plant upgrades. Some motherfuckers need to go to prison from some of these companies eventually. I was hoping Holder would start with HSBC, but they got nothing, even though they egregiously flaunted the law. If I were a VW exec I would probably steer clear of vacationing in the US in the coming years. I think the tide is turning. Lynch has vowed to start prosecuting where Holder refused. I'd like to see her follow through on that promise.





kleinbl00  ·  3349 days ago  ·  link  ·  

Know who this helps? Bernie Sanders.

Know who this hurts? Everyone else.

b_b  ·  3349 days ago  ·  link  ·  

Not so. According to the shipping industry, the shipping industry's heavy NOx production causes cooling, due to production of -OH, which mitigates the warming effect of methane. VW was doing all of us a favor.

kleinbl00  ·  3349 days ago  ·  link  ·  

    In summary, most studies so far indicate that ship emissions actually lead to a net global cooling. This net global cooling effect is not being experienced in other transport sectors...The net cooling effect that so far has been found primarily affects ocean areas, and thus does not help alleviate negative impacts of global warming for human habitats.

Although that is an impressive document.

OftenBen  ·  3349 days ago  ·  link  ·  

Everything is relevant to the election, except what the candidates actually want/believe, it seems.