Supreme Court Evaluates Punitive Damages In Exxon Case

From Bloomberg.com:

"Feb. 27 (Bloomberg) -- U.S. Supreme Court justices questioned the $2.5 billion punitive damage award assessed against Exxon Mobil Corp. for the 1989 Valdez oil spill, the largest in American history"

So, basicially, what's up with this as far as I see it is that the people of Alaska, (even a Republican Gov. is opposing this), are completely being shafted for all they lost when a drunken boat driver, (and yep, they knew he was drunk), accidentally created a massive disaster, environmentally and economically) -- no punitive damages for corporations, the powers that be shout. Ok... so no punitive damages for citizens either. I mean, all those people in Alaska, who are desperately suffering financially over the oil spill and have not yet received appropriate compensation, or what compensation = what Exxon makes in 2 or 3 weeks, they still have to pay punitive damages if they get in trouble right? How about immunity all across the board?

This is what disturbs me folks, the Supreme Court, rigged by Herr Bush, is using this to change the punitive damages law for all of us. This is not good. This case could set major precident. That means that corporations can send drunk drivers on oil rigs and ruin entire parts of the world and pay nothing, yet if we drive drunk, we can't drive to work to pay the damages and then go to jail.

That's what's up guys. This is why one must watch the Supreme Court above all. This is also perhaps why when first asked, early on, if he wanted to run for President Obama said he'd be happy with the Senate Judiciary Committee.

http://www.bloomberg.com/apps/news?pid=20601109&sid=ajFkglZna8uo&refer=news