Opinion

[Print]  [Email]        

Why do trial lawyers love Obama-Biden?

By The Examiner Newspapers
- 9/17/08

Richard Ward, chief executive officer of Lloyd’s of London, told USA Today recently that the rest of the world is catching up to the United States in the ignominious realm of lawsuits. He said growing litigiousness overseas is driving up costs and stifling risk-taking there, as it already has here. The incredibly high litigation costs in the United States — costing each American citizen $625 per year — are “a major disincentive when looking to do business in your country,” he warned.

This begs the question: Shouldn’t we be looking to gain competitive advantage by reining in excessive and unjustified class-action lawsuits as the rest of the world repeats our mistakes? After ignoring a string of high-profile convictions of their biggest stars, class-action lawyers have funneled a whopping $107 million so far into 2008 Democratic House and Senate race coffers. Will either party’s presidential ticket keep a lid on the lawyers’ greed?

It won’t be the party whose presidential candidate — Barack Obama — held a major fundraiser this summer in conjunction with the national meeting of the trial lawyers’ powerful political lobby. Nor is it the ticket whose vice presidential candidate — Joseph Biden Jr. — has a zero rating on lawsuit reform issues. In the 13 most important tort reform votes in the previous four Congresses — as rated by the National Association of Manufacturers — Biden voted wrong 13 times.

Obama’s Senate voting record is briefer but no less worrisome. The only time he voted right was on the Class Action Fairness Act, which makes it harder to move suits from state to state in search of a particularly lenient judge. That bill passed the Senate with a 72-26 bipartisan majority, so Obama’s vote made no difference. Before the final vote, however, he voted three times for “poison pill” amendments that would have eviscerated the bill’s effectiveness.

John McCain voted with the reformers nine of the 13 times cited by NAM, but occasionally sided with the trial lawyers on “patients’ rights.” His record gives evidence of a more balanced, case-by-case approach. Sarah Palin, meanwhile, comes from the state that the Pacific Research Institute ranks as having the second most favorable legal climate in the country. That’s one reason businesses like locating in Alaska — much as they will more frequently choose to come to the United States if we elect a president who understands the need to stop class-action lawsuit abuses while the rest of the world goes the other way.

5 Comments    



 

Post a comment:


Email:
(This will not be displayed or shared. Privacy Policy)

Display Name:

Comment:






Reader Comments:


POSTED Sep 17, 2008

Fighting Docs: "I found another interesting article on how Obama is owned by the trial lawyers at www.lawsuitabusewatch.net"


POSTED Sep 17, 2008

ByronC: "Hmm, Obama and his wife are both Lawyers. McCain and Palin are not lawyers. Nuf said bout that..."


POSTED Sep 18, 2008

Lance: "This is stupid. Everyone should be accountable for their actions and the "cost per family" crap has been completely discredited as made up, Chamber of Commerce garbage."


POSTED Sep 18, 2008

never took a logic class: "Please consult with an adult as to the proper use of "begs the question""


POSTED Sep 28, 2008

Rabbi Ken: "I like the way www.lawsuitabusewatch.net put it: the trial lawyers love Obama bin Biden, so why wouldn't the love Obama bin Laden"



     

Sports

Mets talk free agents with Boras at Citi Field

Scott Boras took a tour of Citi Field and sat down for lunch Wednesday with top executives from the New York Mets. Next, the Mets hope they can lure one of Boras' high-profile free agents to their... Full story

Business

China's Lenovo to cut 11 percent of work force

Shares of Lenovo Group tumbled Thursday after the world's fourth-largest computer maker warned it expects a loss for its latest quarter and will lay off 11 percent of its work force and cut... Full story

Entertainment

'Dark Knight' sweeps People's Choice Awards

Holy People's Choice Awards, Batman! "The Dark Knight" soared away with every trophy it was nominated for Wednesday at the 35th annual fan-favorite CBS ceremony. The caped crusader flick... Full story