Featured, The National Scene - Friday, June 26, 2009 13:49 - 0 Comments

Forbes editor speaks out on a need for regulation

An interesting editorial appeared in Forbes on May 11th and it sort of put things in perspective relating to federal regulation of Corporate America and how the U.S. legal system factors in. Since it’s both fair and objective – and also very interesting – I am setting the editorial out in its entirety below.

NEEDED: TORT LAWYERS

Campylobacter, escherichia, salmonella, listeria–it’s very dangerous to put things in your mouth. Foodborne illness sickens 76 million Americans a year, kills 5,000 and runs up $3 billion in hospital costs. What’s the answer to this epidemic? One possible solution is more government and more laws. Those familiar with the proclivities of this magazine will not be surprised that I take a dim view of this solution (and, in particular, of the proposed Food Safety Modernization Act, which would bury food preparers in paperwork). No, I would prefer to have the same government and the same laws, but–here’s the surprise–more tort lawyers. Continue…