Quote:
Originally Posted by a_Username
One example would be that many say that Toyota should be fined more than the $16 million, however the law stated that this was the maximum fine and no more could be charged. It was said that $18 Billion should have been the correct amount.
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Not specifically responding to your quote...just using it to lead into another question.
Why are there any fines/limits coming from Congress? Isn't that the purpose of the judical branch...to determine the actual monetary damage done by one party based on evidence presented in a case brought by a plaintiff with legal standing to sue (i.e. someone who has suffered a loss due to the actions of former said party). Wouldn't that be a better way to ensure that an offending party pays no more and no less than the actual damages it caused than an arbitrary number set by legislation? (With that money actually going to compensate those who suffered the loss, and not to the Treasury).