Serwers failure to mention the state of the legal system and the
necessity for reform was not surprising. The Business & Media Institute
study "Media
Malpractice" showed that the media routinely omit or give
incomplete coverage of tort reform.
Serwer stated that class action lawyers, fast food
executives, litigious obese people, and Congress were acting
foolishly. Yet he ignored the benefits of personal responsibility
in society and the cost of offloading that responsibility. TheBusiness & Media Institute has reported on the John S. Tilley Ladder Co., which
was driven out of business in early 2004 by fear of litigation even
though the company was still profitable and says it never lost a
lawsuit. According to company President Robert Howland, When you
buy a ladder, a quarter or more of the cost you pay is just for the
insurance. Allowing companies to protect themselves from going out
of business and preventing people losing their jobs from lawsuits is
hardly foolish.
CNN Calls Legal Reform Silly
October 20th, 2005 2:00 PM
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