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View Diary: Drivers of a Porsche should pay higher traffic fines than a Chevy (82 comments)

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  •  Who said I thot only rich people speed? (1+ / 0-)
    Recommended by:
    k9disc

    What a ridiculous response to what I said!

    There's lots of regularized fines in California, and they gleefully warn us on the signs: "Minimum Fine $422" etc....

    So the minimum fine for running a red light or driving in the diamond lane is $422, eh?

    I'll let our aging rocker continue....

       "....I got accountants to pay for it all...."
    $422 means a lot to me, to some Rich Fuck, or even a Silicon Valley Sorta-Rich Fuck, it means NOTHING.

    The purpose of fines is to deter, and Rich Fucks and Corporations are essentially immune to such deterrance, see NC's fine of $99,000 against Duke Energy for leaking coal residue into the river....

    "Ronald Reagan is DEAD! His policies live on but we're doing something about THAT!"

    by leftykook on Tue Mar 18, 2014 at 09:09:36 AM PDT

    [ Parent ]

    •  GAWD! A $99,000 would absolutely destroy our (1+ / 0-)
      Recommended by:
      leftykook

      business. I don't know if we'd ever recover or not, surely could not pay it right away.

      And that's the point, isn't it?

      Duke Energy should be forced with that decision. The fines for the shit that went down in coal country the last little bit should be triple annual profits, or 30-50% of their market cap.

      Fines for extremely negligent or nefarious shit like this and LIBOR-esque financial shenanigans should threaten the corporation's livelihoods.

      It should be even odds, at best, whether the firm makes it or not. Heads should roll, departments should roll, the ship of profit should be dry-docked, refitted, restaffed and then sent back out to sea.

      Democracy - 1 person 1 vote. Free Markets - More dollars more power.

      by k9disc on Tue Mar 18, 2014 at 09:41:26 AM PDT

      [ Parent ]

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