Strong fund-raising helps keep the North Carolinian a credible Democratic alternative; AP cites in particular the generosity of the lawyers at Lerach Coughlin (Jim Kuhnhenn, “Clinton reports $24 mil in the bank, trails Obama in primary donations”, AP/DeKalb, Ill., Daily Chronicle, Apr. 16).
3 Comments
And this is related to lawsuits how?
Good thing for us we had those paragons of legal reform–the Republicans–in control of all 3 branches of governments for 4 years. Now we get to bask in the utopia that their reforms have produced.
Michael,
Republicans do have talking points for tort reform, but actual reform is challenging. There has been some recent progress with mad-mal caps.
My observation is that the non-rich (most of us) public likes the lottery aspect of our system. They do not understand that the tobacco settlement will be paid by those people who like cigarettes or that med-mal is a tax on sick people. The public does not understand elementary economics with respect to corporations; namely that income to corporations comes from consumers. Democracy is not the same as rationality.
How does candidate funding relate to overlawyers.com?
In a fundamental way. The lawyers made a fortune in the tobacco settlement which essentially taxes future smokers, and Mr. Edwards fortune came from his shameful med-mal litigation. I greatly admire Speaker. Polosi, but she is in the pocket of the lawyer’s lobby, as is Senator Kennedy.
According to the immutable Hilarious Law of Political Irony, those who wish to see the legal profession get their comeuppance will strongly support Edwards with volunteer efforts and campaign donations.
This is the same immutable law predicting the bashing of people on welfare by Clinton, that trial lawyers would torment Clinton, that George “there will be no nation building under my administration” Bush would go on a nation building rampage, that Republicans would shift the tax burden to the rich, on and on.