Earlier quoted context omitted.
There's a clear difference between deterring a individual and putting a amount so high it will get taglines so people will pay attention and think that could happen to them as well if they were to commit a similar crime and get caught. It's all about intentions. And I don't want my government prosecuting people and giving them high sentences just to deter other people. It's barbaric behavior. Like cutting the hand of…
> And I don't want my government prosecuting people and giving them high sentences just to deter other people. Deterrence is the whole point of punishing crime. Every society in human history has done this. It's not "barbaric," what's "barbaric" is allowing criminals to do horrible things to innocent people without any incentive against it.
After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
61–70 of 219 posts
Re: After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
#62I am not all sympathetic to Oberlin, but this judgement is absurd. It is many many lifetimes of income for a small bakery. Even if they were forced into bankruptcy, this is beyond the pale. "The latest amount consists of about $5 million in compensatory damages, nearly $20 million in punitive damages, $6.5 million in attorney’s fees and almost $5 million in interest." This only contributes to our litigious society wh…
Re: After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
#63> Carmen Twillie Ambar: archaic chase-and-detain policy regarding suspected shoplifters was the catalyst for the protests. If you witness a crime you can arrest the criminal. It's basic civics. Something you might find about in an institution of higher learning. Don't know if they have one of those in Oberlin.
Yes, what could possibly go wrong giving private citizens the right to detain other private citizens https://www.nytimes.com/article/ahmaud-arbery-shooting-georg...
Re: After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
#64Earlier quoted context omitted.
That is what punitive damages are - they are not required to be connected to the size of the damage, they are meant to punish the defendant for royally (in the judge's view) fucking up, and send a message to other similar defendants to not do such things And $5M in compensatory damages seems about right for 2 years of a successful small bakery
Honestly I'm not very keen on pinning blame/monetary responsibility on single individuals/companies to 'prevent/deter' unknown future crimes. We shouldn't be signaling with big punishments bigger than the crimes call for. We should carefully consider the crime based on the individual and how much punishment is appropriate for that individual to compensate the victim/deter that single individual/company from continuin…
Re: After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
#65Earlier quoted context omitted.
Honestly I'm not very keen on pinning blame/monetary responsibility on single individuals/companies to 'prevent/deter' unknown future crimes. We shouldn't be signaling with big punishments bigger than the crimes call for. We should carefully consider the crime based on the individual and how much punishment is appropriate for that individual to compensate the victim/deter that single individual/company from continuin…
By your logic rich organizations can purposefully commit crimes against small businesses knowing the fines will be incredibly small.
Re: After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
#66Earlier quoted context omitted.
Yes, what could possibly go wrong giving private citizens the right to detain other private citizens https://www.nytimes.com/article/ahmaud-arbery-shooting-georg...
Not what happened here at all.
He did not say “if you witness a crime you can call the police”. I don’t want a society where any random yokel thinks he can detain someone.
Re: After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
#67I am not all sympathetic to Oberlin, but this judgement is absurd. It is many many lifetimes of income for a small bakery. Even if they were forced into bankruptcy, this is beyond the pale. "The latest amount consists of about $5 million in compensatory damages, nearly $20 million in punitive damages, $6.5 million in attorney’s fees and almost $5 million in interest." This only contributes to our litigious society wh…
To truly deter this kind of behavior, at least 40% of their endowment should be taken as punitive damages. They should be put in a bad enough situation financially that they need a bailout.
Re: After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
#68Earlier quoted context omitted.
Honestly I'm not very keen on pinning blame/monetary responsibility on single individuals/companies to 'prevent/deter' unknown future crimes. We shouldn't be signaling with big punishments bigger than the crimes call for. We should carefully consider the crime based on the individual and how much punishment is appropriate for that individual to compensate the victim/deter that single individual/company from continuin…
Because we need incentives so that egregiously bad, intentional behavior doesn’t become a business decision for the rich.
You should not punish people to stop the future actions of unrelated people by giving certain ones bigger punishments than meets the crime.
Re: After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
#69Earlier quoted context omitted.
Yes, what could possibly go wrong giving private citizens the right to detain other private citizens https://www.nytimes.com/article/ahmaud-arbery-shooting-georg...
The only reason police can detain people is because they are citizens. They don't have any special status that other Americans don't enjoy.
You really think any random person can detain someone? Do you also think you can force someone to stop for speeding? You can arrest someone for smoking weed as an ordinary citizen?
Do you think you can sleep with a prostitute and then arrest them?
https://www.detroitnews.com/story/news/politics/2017/03/20/c...
Re: After a Legal Fight, Oberlin Says It Will Pay $36.59M to a Local Bakery
#70is this considered taxable income?
yes, but they probably have a lot of losses from the past two years they can use to offset some of the taxes
If the business is running at a loss (including legal fees) then yes that loss can be used to reduce the tax burden this year.
But since the loss burden is 100% [1],and the tax burden say 50% this is worse, not better. Sure the 5 million accumulated loss means 2.5 million less tax, but it also means 5 million gone to cover the losses..
[1] losses are funded from somewhere, and those funds typically have to be replaced sooner or later (or bankruptcy). Working capital, reserves, loans etc. Unless they're like listed on the stock exchange.