The next time you are excited about some "BIG" company being sued by the little guy, or being heavily taxed by the government, don't forget that they pass all of their costs onto you.
http://tinyurl.com/6c5rqm
This article describes a case which will no doubt raise the price of paint. Now, you may not be in the market for paint right now, but you are about to buy gas, food, toys etc. All of which have been, or might be the victim of some frivolous lawsuit, or government regulation, that never should have been brought in the first place.
Are there legitimate reasons to sue and regulate companies that do bad stuff? YES!!!! But not all of them. We need to get a handle on the legitimate use of the courts and the legislators.
"The government of the United States is a definite government, confined to specified objects. It is not like the state governments, whose powers are more general. Charity is no part of the legislative duty of the government."
-- James Madison (speech in the House of Representatives, 10 January 1794)
-- James Madison (speech in the House of Representatives, 10 January 1794)
Tuesday, July 1, 2008
Buyer Beware!!!
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