Archive for June 5th, 2009

Will there be no legal recourse for victims injured by Chrysler or GM vehicles? Chris Jensen at the New York Times’ Wheels Blog provides us with some stunning figures that reveal GM’s incentive for wriggling away from accountability:

In its recent bankruptcy filing, G.M. asked that the assets of the new company that emerges from bankruptcy be “free and clear of all successor liability claims.” It is an attempt to prevent the new G.M. from being financially responsible for injuries caused by vehicles already sold, said Adina Rosenbaum, a lawyer for Public Citizen, a consumer advocacy group.

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Do we really need single-payer health insurance?

According to a new study issued by our friends at the Harvard Medical School, Harvard Law School and Ohio State University, we really do.

Researchers looked at more than 2,000 of bankruptcy filings in 2007 and found that 62 percent of them were related to medical expenses. This means that someone suffered income loss due to their illness and/or the magnitude of their medical debts was too great to overcome.

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