Parasitic Tort Lawyers
Townhall - John Stossel - Parasitic Tort Lawyers - Full Article
John Stossel
Tort lawyers lie. They say their product liability suits are good for us. But their lawsuits rarely make our lives better. They make lawyers and a few of their clients better off -- but for the majority of us, they make life much worse.
Years back, as one of America's first consumer reporters, I'd avenge harmed consumers by bringing cameras to the offending business and confronting the crooks. My work warned others about the dangers in the marketplace but didn't do much for the victims.
So I thought about those personal injury lawyers. They could do more good -- they could sue bad companies, force them to change and get the victims money. I started referring hurt consumers to lawyers.
Imagine my shock when consumers called to say their lawyers took most of the money!
Even when the lawyers do help their clients, they hurt everyone else because fear of their lawsuits takes away many good things: Swimming pools, playgrounds and gymnastics programs close because liability insurance is so expensive. Kids lose their favorite places to hang out in the summer.