Thanks!
Now, as one of the biggest sources of money for Democrats nationally – and worried about legislation Bush might support if he were elected president – trial lawyers can be expected to place huge sums in Democratic coffers in 2000.
And they have money in abundance, thanks to big past judgements against asbestos companies and even bigger settlements with tobacco companies.
According to former Reagan White House official Michael Horowitz, director of the Hudson Institute’s Project for Civil Justice Reform, in three states alone – Florida, Mississippi and Texas – trial lawyers are due to collect $8.2 billion in $500 million annual payouts.
Nationally, Horowitz figures, they could collect at least $20 billion – some of which they could use to build their political power.
Nice to see that in post-9/11 America, Baron is sensitive to the victims of terrorism.
The heart of the [RICO] claim, however, is a memorandum issued by Baron’s firm that allegedly instructs clients falsely to claim equal exposure to all products and directs that clients should deny that they ever saw warnings or had any knowledge concerning the harmful effects of asbestos.
Ah, yes...the "I am too stupid to know the harmful effects of what I do/smoke/eat, and it's your responsibility to keep me from using your product in an irresponsible manner" strategy. These guys make me sick!
To paraphrase the immortal words of Snoopy: