Thursday, October 16, 2008

The Hills they Die on #3 - Trial Lawyers

Due to time, I haven't been able to finish my "Hills They Die" on posts. But I'm getting back on today with Trial Lawyers....

We hear all the time about CEO's making 100 million plus but when is the last time you heard a top democratic official talk about excess compensation when it comes to trial lawyers.

Trial lawyers have managed to suck billions out of the American economy for years; often, using fraudulent tactics (see Milberg Weiss). But you won't hear a peep from the party that derives millions of dollars in campaign contributions.

In fact, we already know what a scumbag John Edwards is. It shouldn't be a surprise that he used his scumbag skills to procure his hundreds of millions of dollars in net worth and a 28,000 square foot house from essentially one big home run in a malpractice law suit.

Of course, democrats will argue these valuable, selfless servants keep the big corporate ogres from victimizing the people but when a company I own stock in is sued for a downturn in its stock price, who pays the legal fees for the plaintiff and my company? Me! The shareholder; it's like suing myself.

Are the trial lawyers looking out for the little guy when the plaintiffs get a settlement from an airline and are compensated in drink and meal vouchers while they get paid in cash? I don't think so.

So as sure as the sun will come up tomorrow, you can guarantee that the democratic party will do everything they can to protect these barnacles on the American economy.... or die trying. Because it's a hill they'll die on.

Previous posts

#7 Caribou
#6 Judicial Fiat
#5 The NEA
#4 The Welfare State

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