Reader Mail
Hanging Juries
Jimmy Carter never had a chance. Introducing Henry Volvo and other Saab stories. Ben Stein on the bubble. Plus more.
(Page 9 of 11)
p>Responsible leadership is the key. I can only hope that the
threat to America is taken seriously by the people of the USA to
make sure that responsible leadership becomes the norm.
br>
—
Lamar Johnson
br>
Beaverton, OR
/p>
Jed Babbin replies: Responsible leadership is the key now, as it almost always is. It really doesn’t matter whether you blame Nixon or Carter: I blame Frank Church, whose Senate Committee took the CIA apart. But you’re right that the current administration seems to understand what needs to be done. Ain’t it great to have grownups in charge again?
p> FOR THE LOVE OF MONEY br> The problem Ben Stein doesn’t address is the tendency of the plaintiffs’ bar to bring these cases even where there has been no wrongdoing. Defendants (typically, their insurers) almost invariably settle the cases rather than risk having an inflamed, utterly confused jury award huge damages. Everyone involved knows it’s a racket, and the law was quite properly amended to raise the bar a little — but not nearly enough; strike suits continue to abound, and are of no benefit to society. br> — unsigned /p>Note to my hero, Ben Stein: In your reasoned response to Patrick R. Sullivan, who only tended to prove the old adage that “Figures don’t lie, but liars sure figure,” I’d suggest that you might have added a comment to the effect that the changes in litigation since the passage of the PSLRA show how adept trial lawyers are at adapting to changing ground rules in their relentless pursuit of the buck.
p>Perhaps they could “Win [some of] Ben Stein’s Money”?
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