[SoFloFreeper]

Holder targeted Toyota because it was successful. Period.

[Pollster1]

Toyota buyers will pay a premium to cover this extortion. Holder and Obama are hoping this will make GM products more attractive in relative terms. What they don’t understand is that Government Motors is being boycotted for ethical reasons, to a large extent by people who can’t be bought off for a hundred or so a vehicle. There is no such thing as a fine on business, just a fine on customers of a business.

[G Larry]

Holder want ALL CARS TO BE LESS SAFE!

That’s what the new “CAFE Standards” will do!

Jesse Jackson told Eric how easy it was to shake down Toyota.

[Brooklyn Attitude]

Toyota killed fewer people with defective cars than Holder killed with Fast and Furious.

[caver]

I don’t believe Toyota is unionized either. Holder hates that too.

[tomkat]

Holder is even more vile than Ø

[txrefugee]

Eat your heart out, Jesse Jackson! You only could shake down Coca Cola for a few million in your hey-day. Eric The Red Holder can shake down corporations for billions. He’s even better at blackmail than NY’s Attorney General. Businesses are their cash cows, because businesses will pay big bucks to Democrat campaigns to keep the Chicago thugocracy from going after them next.

[Joe Boucher]

Can anyone tell me the difference between holder shaking down companies and al Sharpton or jesse Jackson doing the same thing???
criminal thugs,

[Sooth2222]

Toyota sold 9.98 million units worldwide last year, so that's $120.24/car.

($120.24 removed from your wallet that's easily returned to your wallet, with interest, when the time comes to sell or trade a Toyota, versus anything touched by the UAW.)

[elpadre]

Toyotas are American made by non-union employees - nuf said!

[Pearls Before Swine]

Well, then, GM must be shaking in its boots after the latest ignition flaw which they kept secret for a decade after they realized it. /S

Not really—too many union stakeholders would be hurt if the government came down on GM.

[gymbeau]

I didn’t read the article here, because it’s Politico, but IIRC Toyota was exonerated on the acceleration issue a couple of years ago. I seem to remember it was operator oafishness.

Wonder when they’re going to shake down GM.

cheers
Jim

[Real Cynic No More]

This sounds on the surface like a big deal, but 1/3 of current year’s profits is not such a big deal. It’s a temporary setback at best that will not have much of an impact on Toyota at all. One only has to look at the big picture to see. Look at the stock market. Investors see stock values in their individual investments fluctuating by 1/3 from their peaks all the time, especially in the hot traded volatile stocks. So as a publicity stunt to make Holder look like he’s accomplishing something for the consumer, it makes great press. In actuality, it’s a lot of smoke and mirrors that means little.

[aimhigh]

Where is the money going? Is this another scheme to funnel money to a bunch of liberal groups?

[DouglasKC]

Funny how all of Toyota’s “problems” started when O-Motors kicked in....weird ain’t it?

[DPMD]

Agree, but also wonder what the amount of the bribe was that Toyota refused to pay holder that prompted this vindictiveness?

[skinkinthegrass]

Holder targeted Toyota because it was successful. Period.and of course; their prime competitor...
w/ (GM) Government Motors

[prof.h.mandingo]

You may want to look at the NHTSA report. Toyota knew about the problem and like Ford with the Pinto put it under warps until they lost a lawsuit in Oklahoma. I hate Holder as much as anyone else. The problem will be he probably will not go after GM for its problems.
Corporations screw up and try to hide it all the time. Been there, seen that. When people die because of their screw ups they need to get hit. Sorry but your justifiable scorn of Holder has blinded you to something that needed doing no matter who ran DOJ.
BTW I was the guy who had to break the news to corporations that they had indeed screwed the pooch and it was time to pay up.