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GM Could Make Huge Payments to Crash Victims [Feinberg, Obama Czar, Involved]
ABC "News" ^ | 6/30/14

Posted on 06/30/2014 7:15:08 AM PDT by SoFloFreeper

...The decision on how much to pay claimants is being made by compensation expert Kenneth Feinberg. GM says the faulty switches are responsible for at least 54 crashes and more than 13 deaths.....

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Government; News/Current Events
KEYWORDS: cronyism; gm; obamafail; toobigtofail
Another Obama Czar, getting to decide....what? You say we have a judicial system? NO NEED FOR THOSE OTHER TWO BRANCHES OF FEDERAL GOVERNMENT WHEN BAMBI IS YOUR KING!

Obama propped up the failing GM with TAXPAYER money--not his own--and now usurps the proper way of deciding culpability by having an "expert" decide this case.

Damn dangerous, folks. People are DEAD because of someone who works or USED TO WORK at GM. The liberal solution? Throw money....an amount THEY DECIDE....as the answer.

1 posted on 06/30/2014 7:15:08 AM PDT by SoFloFreeper
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To: SoFloFreeper

And again, NO “watchdog” media is asking questions....just sitting like trained puppies, mimicking Team BO. Like zombies they follow.


2 posted on 06/30/2014 7:17:01 AM PDT by SoFloFreeper
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To: SoFloFreeper

.....and where do you think the money will come from? The profitable GM? Get ready for another big taxpayer hit folks.


3 posted on 06/30/2014 7:17:58 AM PDT by mosaicwolf (Strength and Honor)
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To: SoFloFreeper

Bailout coming in 3...2...1...


4 posted on 06/30/2014 7:18:02 AM PDT by Paine in the Neck (Socialism consumes EVERYTHING)
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To: SoFloFreeper

Not letting this inefficient, dangerous, Frankenstein’s monster of a company go bankrupt and be reorganized was a huge mistake.


5 posted on 06/30/2014 7:21:19 AM PDT by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: SoFloFreeper

Tort Reform Now!


6 posted on 06/30/2014 7:22:05 AM PDT by Wolfie
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To: SoFloFreeper

I rented a Pontiac G5 several years ago. I should be compensated simply for having to drive a GM crapbox. ;)


7 posted on 06/30/2014 7:49:29 AM PDT by ZirconEncrustedTweezers (I'm not anti-government, government's anti-me.)
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To: Wolfie

Good point, our country needs to return to the rule of law.
The GM bondholders got screwed by Obama. The attorney general of Indiana filed a class action suit and to my knowledge, nothing has come from that. That was just plain theft of property and voiding of contract law.


8 posted on 07/01/2014 5:10:27 AM PDT by Texas resident (The democrat party is the CPUSA)
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