4.8 • 1.1K Ratings
🗓️ 22 March 2014
⏱️ 59 minutes
🧾️ Download transcript
This week we ask Ralph if Jamie Dimon is a criminal, whether we really need a CIA, and why should we worry about Fukushima. And Ralph explains the true meaning of one of our most sacred holidays-March Madness.
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0:00.0 | Stand up, stand up. You've been sitting way too long. |
0:05.0 | So big is the healthcare industry and the bloated waste and fraud. |
0:12.0 | If the government wanted to make, it cost... and the bloated waste and fraud. |
0:12.6 | If the government wanted to make a cost benefit analysis, |
0:17.0 | it would pay them to buy up the entire industry and mothballing. |
0:20.8 | It would get all this money back in a few years. |
0:24.0 | Stand up, stand up. |
0:26.0 | You've been sitting way too long. |
0:29.0 | Welcome to the Ralph Nader Radio Hour. |
0:32.0 | I'm Steve Scrovan along with David Feldman and of course Ralph. |
0:36.0 | Hello David and Ralph. |
0:38.0 | Hello? Let's get right to it. |
0:39.0 | Toyota and the Justice Department have agreed on a 1.2 billion dollar settlement to close a criminal probe into whether the automaker handled cases of sudden acceleration properly. |
0:50.0 | This seemed to be a template for whatever settlement they might have for GM. |
0:55.0 | Do you think GM is looking at a $1.2 billion settlement? |
0:58.0 | Well, I think it's probably more serious because there are about 300 deaths in these cars over the years |
1:06.4 | due to a defect GM knew about over 10 years ago and covered up and there 300 deaths. The Toyota settlement was based on |
1:16.9 | misleading the government and not adequately reporting safety findings to the government. |
1:25.0 | And so the GM one is going to be considered much more serious. |
1:29.0 | So it is likely to be criminal prosecution, perhaps of certain GM officials down the line who covered up, |
1:37.0 | and there are going to be many more product liability cases. |
1:39.8 | The $1.2 billion dollar settlement by the way |
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