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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)

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To: i-node who wrote (3186)2/1/2007 11:08:27 AM
From: TimF  Read Replies (1) of 3386
 
And sometimes, just abiding by the precise requirements of the law isn't sufficient, if the effect is to skirt the underlying meaning of the law, then maybe an egregious act has been committed.

I think I have a problem with punishing someone for violating the spirit of a law when they haven't violated the actual limitations imposed by the law. To use a totally unrelated hypothetical example. Start with no environmental laws or laws about the disposals of chemicals. Then you pass a law against dumping chemical X in lakes or rivers. Company Y then dumps chemical X in the ocean and creates a severe environmental problem. Maybe they could be sued over the problem they created but they shouldn't be found guilty of a law against dumping chemical X in lakes or rivers because they didn't do that.
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