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Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Thieving Obama sues tobacco industry for billions Sun Feb 21, 2010 1:08 am | |
| WASHINGTON: The Obama Administration has asked the US Supreme Court to allow the government to seek close to $US300 billion ($330 billion) from the tobacco industry for half a century of deception that ''has cost the lives and damaged the health of untold millions of Americans''.
Both sides in a landmark, decade-long legal fight over smoking took their case to the Supreme Court on Friday.
The administration and public health groups want the court to throw out rulings that bar the government from collecting $US280 billion of past tobacco profits, as well as $US14 billion for a campaign to curb smoking.
Tobacco companies want the Supreme Court to wipe away court rulings that the industry illegally concealed the dangers of cigarette smoking. If they succeed, the attack on their profits would also be halted.
Friday's filings with the Supreme Court mark the latest phase in a lawsuit that began during Bill Clinton's presidency.
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