Bailout World: Volkswagen “Cheating” Fine Is 20 Times Higher Than GM’s For ‘Killing 174 People’

Bailout World: Volkswagen “Cheating” Fine Is 20 Times Higher Than GM’s For ‘Killing 174 People’:

When bailout-darling GM ‘fessed up to an intentional ignition-switch defect, tied to at least 174 deaths, The Justice Department fined them $900 million (and no employees faced criminal charges). So, in this consequence-less world in which we live, when Volkswagen admits to literally cheating emissions-standards tests, it faces up to $18 billion in fines from The EPA, one has to wonder whether “we” have our priorities right?

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