Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (16197)	7/6/2004 9:28:17 AM
From: marginmike	Read Replies (2) \| Respond to of 110194

tin, The tort reform issue is a tough one. As I believe people who get mangled by bad doctors, and shareholders by greedy CEO's should get fair restitution, the litigious mentality of America is sucking billions out of the economy. Lets get serious that 80% of that goes right into lawyers pockets. There should be caps on lawyers contingencies. There should be laws protecting agaist phoney law suits, and yes there should be a reasonable calculationn for loss to ones dignity, or pain they may have suffered. If someone smoked all their life and dropped dead, it is not Marboro's fault, its their fault. The fact is $250K is way to low, and there needs to be degree of culpability. If a doctor who is drunk mangles you its alot different then a doctor making an honest mistake. If you fall into a ditch reprted to a landlord, or get hit by a drunk their should be more retribution against someone then if something happens and nobody could have stopped. IE nobody knew asbastos was bad, therfore how can you sue a company into oblivion because its workers exposed it. I think the pre-meditated nature of the liability should be part of the $$ cap created. Therfore companies aware of issues would have more impetus to adress the issue without fear that adressing it alone will create even more liability.

To: Knighty Tin who wrote (16197)	7/6/2004 10:43:36 AM
From: Haim R. Branisteanu	Respond to of 110194

I see that marginmike answered you on many points.

To: Knighty Tin who wrote (16197)	7/6/2004 12:24:00 PM
From: Wyätt Gwyön	Read Replies (1) \| Respond to of 110194

about the trial lawyers. They are the only protection we have against criminal corporations now that the US govt. is in cahoots with the corporations. how long till the trial lawyers turn the food industry into tobacco? the American diet promoted by corporate crims is not as bad as smoking, but on the other hand, you probably couldn't invent a less-healthy diet if you tried. obviously trial lawyers are the only ones who can attack it. it's worth seeing that film "Supersize Me" if you have a chance. he makes a special stop in Houston.