09 March 2010

Quote of the day

Xai: "You americans are too used to being awarded $1 million for burning yourself with your own hot coffee. The stupid lawsuit culture is only destroying the economy of america as it is a non-productive industry."

"All lawsuit payments are covered by insurance companies, insurance companies charge higher premiums to cover payouts, companies paying premiums work this into expenses and charge accordingly higher prices to consumers, consumers pay higher prices to ultimately cover payouts. The lawyers profit, insurance companies profit, even the companies with the insurance can profit and the only people who end up paying are the american public. and they are paying for nothing. nothing is produced for anyone."

No comments: