asterisk2a + law + monsanto + &   2

Volkswagen Congress Hearing: Emissions scandal - watch live - YouTube
VW USA subsidiary CEO Michael Horn. // 'VW the people's car.' 36:40 - I had no understanding what a defeat device is & that it could be installed to cheat emission tests. [<< Symptom of being a conglomerate! Corporate Culture & Values.] min 38:09 - Is hardware, software & even has to do something with the fuel tank. In some models (gen 2) its just software & a sensor. // 49:20 - framing of the answer with EPA (influenced?), cars on the road right now, even they are not passing emissions test, "are legal & safe to drive for the owners." // min 57 NOx, air pollution. 'compensation will be part of discussion'. 40 times than allowable limit. // 1:11:00 - according to him, @ the current state of investigations, this was out of the engine-drivetrain-engineering/software/emissions department within VW. Was not a corporate executive decision from the top. [My 2 cents: more likely decision was made within those departments due to pressure from top to make the test pass happen. << 1:51:00]
VW  Volkswagen  conglomerate  corporate  culture  corporate  values  air  pollution  libor  rigging  scandal  banking  crisis  investment  banking  self-regulation  regulation  regulators  accountability  Wall  Street  shareholder  value  profit  maximisation  retail  banking  PPI  mis-selling  scandal  bank  crisis  CDO  CDS  pharmaceutical  industry  pharma  big  pharma  corruption  bribery  Petroleum  automotive  autoindustry  carbonemission  carbonfootprint  emissions  white-collar  crime  Justice  System  Law  &  Justice  corporate  state  corporate  media  Positioning  Meat  Egg  Dairy  food  industry  lobbyist  lobby  Lobbying  revolving  door  conflict  of  interest  fiduciary  responsibility  exploitation  ethics  ethical  machine  democracy  Career  Politicians  No  Representation  double  standard  Abgas-Affäre  Interestrateswap  corporate  social  responsibility  corporate  scandal  Chemical  Fashion  deception  PR  spin  doctor  monopsony  oligopol  madoff  Enron  Worldcom  BP  accounting  accounting  scandal  tax  evasion  tax  avoidance  crony  capitalism  TBTF  too  big  to  jail  too  big  to  bail  Ego  arrogance  Monsanto  Protection  Act  patent  troll  intellectual  property  willful  ignorance  willful  negligence  DeepwaterHorizon  tax  code  consumer  fraud  Protection 
october 2015 by asterisk2a
TTIP - How We're Lied To About Food: Russell Brand The Trews (E179) - YouTube
& // power corrupts and absolute power corrupts absolutely = TTIP, CETA, Montanto Protection Act, exluding accountability and liability for corporate action/doing/products. = two tier justice system = inequality, no fairness, Gerechtigkeit, ... this equals to the Bailouts and TBTF and too big to jail.
TTIP  worldtrade  global  trade  trade  agreeement  trade  treaty  local  farming  food  waste  Industrial  livestock  farming  Factory  profit  maximisation  Wall  Street  sustainability  sustainable  crony  capitalism  Lobbying  lobbyist  lobby  Career  Politicians  Policy  Makers  folly  monoculture  monocrop  unintended  consequences  error  agriculture  macroeconomic  microeconomic  accountability  Political  Governance  corporate  Democratic  Process  democracy  transparency  oversight  Consumer  Protection  Monsanto  Protection  Act  protectionism  Europe  CETA  liability  Black  Swan  trust  trustagent  confidence  No  Representation  Justice  System  Law  &  Justice  Gerechtigkeit  Gini  coefficient  inequality  fairness  TBTF  too  big  to  jail  Bailout  GFC 
november 2014 by asterisk2a

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