Personal Injury Law

The Money Crisis - The Bush Administration and Tort Deformers at Work and Taking Advantage of One More Opportunity

By Steve Lombardi

Gee-Dubbya is at it again with his Treasury Secretary's latest proposal for "reforms to protect the financial system". Tort deform is lurking undercover in Paulson's Financial Deform. Just when they think we are distracted with the economic havoc of the sub-prime mortgage melt down here comes Paulson with deform put forward as "reform" measures. Will this Administration's reign of terror ever reach a conclusion? While the rhetoric is to take the federal government out of our affairs while returning power to the states, this legislation would do exactly the opposite. It would preempt state insurance regulations allowing insurance companies to further control our lives by limiting the number of elected representatives that need to be lobbied and persuaded to provide further profit protection. It's just one more example of bullying by this Administration. It makes a person wonder if they wreck the system, or stand by watching it go into a tail spin and just to take advantage in the aftermath.

Fellow member Brook Schuelke has an excellent post describing how wrong this "reform plan" really is along with links to the appropriate sources.  Brook is from Texas. Seems not all Texans are more hat than cattle.

Full post as published by Des Moines Personal Injury Lawyer on April 03, 2008 (boomark / email).