Thursday, July 8, 2010

Parasitic Tort Lawyers

John Stossel "Even when the lawyers do help their clients, they hurt everyone else because fear of their lawsuits takes away many good things: Swimming pools, playgrounds and gymnastics programs close because liability insurance is so expensive. Kids lose their favorite places to hang out in the summer.
"More importantly, innovators dump potentially life-saving inventions. Companies that started work on a safer asbestos substitute, an AIDS vaccine and a Lyme disease vaccine gave up the research because any work in those areas risked stirring up the lawyers. The liability risk was too great."

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