Also in this playlist...
This transcript is automatically generated
Don't wait call me today lawyers are making money off but you his colleagues get money for this -- Who says he's too injured to work.
And this -- who says she can't walk.
We'll part of the good guys so they say but I -- just extortion if you fight the -- you are completely screwed.
That's the trouble with lawyers and that's our show.
-- -- But these are -- the federal rules about a 175000.
You must Obey every one of these -- some lawyer can wreck your life.
No I'm not supposed cynical but I think politicians pass these just to control -- When they were passed someone said who is -- here this is needed this will.
-- protect people.
But the cumulative effect of all these rules is to strangle life trying to stifle innovation.
For every power -- -- good these regulations do they do tons of -- And this -- what's more well.
I shouldn't call him a -- nets just to rule by -- I'm furious at what he does.
John Banzhaf he's -- Smart George Washington university law professor has been called mr.
anti smoking -- he.
-- smoking bans passed.
He's also been called a legal terrorist I prefer that one.
A also -- -- this is -- -- McCain and professor of business ethics at Chapman University.
So John you first I call you names.
You know what you don't point out is that.
-- usually one.
And most of the laws or regulations -- -- we now except nobody wants to go back the days when there's a lot of smoking on airplanes you guys -- cigarette commercials.
-- -- -- -- -- You say the smokers can't have any bars and we are winning we're banning it in home or Hijab dictatorship -- -- already single judge conservative or liberal looked at the issue says.
There is no right to smoke.
I I don't understand why that has anything to do -- anything I mean you could make a law about anything.
You had -- the -- laws and Nazi Germany you had wonderful laws in the Soviet Union.
They are you know passed by all kinds of justices and and courts.
The question is is it the right is it right to manipulate people all the time.
To tell you treat them like they're little children.
And who does so anyway -- What you got all your fancy theories what you put off to other philosophers.
But nobody's listening we're gonna talk about the -- -- was recently strengthened.
Under bush by a Republican congress who -- -- the czar.
I'm not as -- you -- As a consumer journal have far more power than I do I have to go into courts and agencies and before legislators.
And persuade that -- right while he does is right philosophical musings in his.
Various articles my thoughts on why don't comment on that at how -- you had I don't know I'm not anything now I looked in your -- -- What concrete have you -- -- oh yeah I'm all through that regulation what Jim would you -- Until next week what are your body well it's not in your body achievement is passing a regulation don't believe I have -- not.
I'm not sure I didn't pass -- John don't blame -- on me.
Here's why it's fair to call you -- -- terrorists.
-- -- a law professor.
You have these students and you invite them to sue people.
We require that -- practice or an attorney for you were up required to.
Professors are supposed to be non part of what if you file a complaint or otherwise shut up on what I'm gonna -- yes.
And we keep winning you know Hanoi got to do is what -- -- yeah the result of this kind of results.
Don't insult to be argue with me I'm happily be much more.
-- -- Our -- keep winning.
There's anybody agree.
That we ought to get rid of all these laws that you don't know what I am saying get rid of all he was talking absorb a Sox are -- -- go and then I'll go back tears to you require the students to sue people.
To bring a legal action.
Like this is a fun exercise -- they -- learning to be public interest lawyers don't like they erect for the life of people they so no job for the first time.
They are learning that they can use their legal skills not just the benefit somebody comes in with money.
And hires them.
But to serve what they think is the public interest and some -- conservative and -- liberal and summer libertarian summer god knows what else.
And they do what they think it's in the public interest and we keep winning the public is up.
-- -- There's no such a good.
Probably the only the only probably.
Measure that has any meaning.
Is in the declaration of independence and that is when the government is assigned the job.
Of protecting our individual rights that is in the public interest because then we can do all the stuff we want to do.
Stepping on on the people but -- professor under the deck.
-- you decide what is in the public and there's -- way through congress through the courts through the regulatory agency that's how we determine what we probably didn't.
What this week -- -- no you don't enjoy all the way nobody are usually.
You know what have you ever com.
-- -- -- Your students sued the dry cleaners for charging women.
More than meant to -- the same shirt and we won 52 of the cases you win 52 of the cases you sued -- barbers who charge women more for haircut that's right we want all of those cases bully for you but.
But these places all say and I believe it.
Women are -- here about their clothing and -- haircuts it takes more time -- the interesting thing John is we got the hairdresser for a person named Hillary Clinton.
Who came in and said that's baloney I'm sure Hillary's hairdresser says that but it's below.
You just bully people into four -- It's -- following your vision of the -- we -- otherwise they got to pay health terrorize people that's allowed an accomplishment.
That is -- -- -- well why don't you do.
You've got ladies night span turned.
But actually John that's been done now on the great majority of states and most of my nothing to -- -- we only did it register of Columbia bars were offering cheaper drinks still women because mostly guys were going to bars that you guys were happy to have more women.
The women -- happy.
You take happiness away no -- OK.
Man who may be -- went on -- -- our classroom.
-- it was state after the state after state.
They have ruled that ladies night is illegal or history or government is that it always promises to do -- for the people.
From the -- To -- ours to -- a model works -- -- government says.
We are here to help you.
And they usually cause major wars.
And it concentration camps.
And who logs and saw one.
So all others but there hasn't -- what's your -- now but does that because we have -- -- -- that next step.
From the nanny state.
Is the -- during the tyrannical state and the next step from that.
Is a more dictatorial state so what do you know abolish government was actually solution -- restrain it just like the founding fathers did personal injury lawyers went to court.
And they sued companies that made -- they said there weren't enough warnings and -- so are we safer because -- -- Actually the studies show we are a little bit safer warnings -- one of -- one of the cheapest ways of reducing actions and we don't.
Guess who pays for those accidents the accidents will happen the question is can we reduce -- cause otherwise you and I pay.
So how did these warnings help there are flat or even want to warnings you want to do not -- let the result is that nobody -- the warnings now because there are so many.
-- -- -- -- Get grocery store and actually read the label T -- thank you John stick around because I want to abuse you more -- -- most Americans support this regulations -- rules they just sound good to people that's why I wrote no they can't test.
Try to show the folly of our instinctive reaction when there's a problem which is to say the real law.
People think the new law will solve the problem.
One group of people who understand the harm laws do are those -- you tried to open a business or manage a business because when you run a business or try to build something you discover.
That that pile over there.
Includes rules that can.
Huge I cannot physically -- through all of them.
I can't nick posits -- a flower shop near my home.
He was just sued for violating the 8080 Americans with disabilities act.
Awarded a wheelchair claim to store was not wheelchair accessible because the entrance has -- tiny step.
-- and even though we as a bell pitching wrong -- would have come out with this -- illiterate.
She -- -- have a -- -- have a global.
Wheelchair accessible bathroom.
Definitely should -- come to my book.
Do you need to come home to his store.
Well turns out the woman has filed 46 similar lawsuits.
The New York Post calls her hell on wheels I think just went up and down this huge randomly -- -- -- -- it.
The -- I invited her and her lawyer to be on this show they said no extortion.
Basically that's what it's called extortion they what -- -- -- 500 dollars.
To drop the lawsuit then the lawyers' fees because suing everybody she sued the owner of this drugstore to -- and -- We are going through all -- what is.
And exactly same thing.
And there's this kind of compromise -- you get some money in.
It does sound like extortion to me paying paying 500 bucks and -- my lawyer or you could fight or a loss but it -- -- -- Ten -- and out.
David Peters doesn't use the word extortion -- because he's a lawyer to but he fights abusive lawsuits through his group called lawyers against lawsuit abuse so.
It sure feels like -- you know legal extortion but extortion.
It feels in every way like that were often hard pressed to point out the difference when our clients mention that.
And John the Americans with disabilities act a great -- these lawsuits are -- good thing.
Well again they were overwhelmingly passed by two congresses and has signed by two presidents -- you know what that's -- tyranny of the majority now.
Let's talk about this this issue here.
Congress deliberately recognized.
Do not have enough time to go around and find all the violations.
In order to make enforcement possible.
We provide incentive for lawyers to bring the suit and these are not innocent landlords the -- of an effect twenty years they've known about everybody knows audiences -- the ABA.
And ramps and these guys were hoping nobody would catch -- they got caught these guys out -- ice and they have a defense under the law.
But that -- loss of 1520000.
-- in many cases like did you -- the same issue when the music industry want around suing people.
Some kid downloads us longer to make some first 101000 dollar -- -- I said well I just out ourselves returning series.
I said that was discussed -- -- David let me go to you.
The woman who filed 46 losses she doesn't -- -- appear in the program but she told us the real question is why should -- hire any wheelchair user not have access.
Why should one have to sue for that which is taken for granted.
By the general population in the I understand the frustration but when are we gonna start asking about whether a lawsuit based approach.
Was really the best way to deal with the need to improve access for people with disability law.
And I'm sure I would agree with a star rock Star Jones just wanted to -- if you know so much about laws and -- Why don't you join me get out of the ivory tower behind the desk.
Go before legislature go before -- court go before regulatory agency.
Make your arguments and see if people who are in position to judge them.
And to act upon them if they're persuaded.
We will adopt your position c'mon down let's battle it out see how well you do when you're not behind a desk and you don't have -- than working for.
I'll stick to getting my ping -- -- what I was afraid yeah.
One of my opinions is that the slice just.
Almost impossible to follow that -- from six can go higher at 34 interest mirrors no higher than 74 inches.
It the bottom of -- no lower the 34 inches who when you're running a business can pay attention all the others over 2400.
Points than the average small business that need to need to be correct in order to be accessible when he 424.
A restaurant there are over 100 measurements.
That have to be correct in a restroom.
And if you deal with many of these small struggling businesses many of whom speak very little English and can't get accurate information.
On line or otherwise about the standards they need to meet.
It's really challenging and in many of these cases these people are just getting -- and these lawsuits are closing businesses like that.
While they're struggling just to keep people off the unemployment and -- agreement of these cases involve a one way fee structure and what that means is that.
If the plaintiff wins they get their fees if the defendant wins they don't get their -- so we've seen all kinds of abuse of that -- lawyers tell me half.
You know we can do anything we want.
Because it it it trumps up a lot of hours that I can frivolous lawsuit.
Then you can get -- and turn things that you that almost never happens because you click he lawyers -- -- This don't want to punishing job -- Why do you say the plaintiffs' lawyers do better than defense lawyers lawyers our lawyers or judges have -- out and the business slows its.
How would you enforce the -- lord what is what is your miracle solution stuff you really -- people running around disabled people are good customers.
This this is wall accommodate come in all time no that's wrong if the free enterprise system libertarians and worked so well we wouldn't need the ADA.
Maybe everybody else is wrong in your right but I kinda think that when everybody else supports it.
Maybe want to rethink your position.
Thank you David Peterson John bands that stick around we'll have more for you later Mike coming off.
Fraud caught on tape.
This man said his fingers were crushed and he was too injured to work.
And -- is working.
Also still -- warning labels ever see this fake fake.
It's plastic worm that people fish -- to -- comes with a warning that says not for human consumption.
Tonight our studio audience gets a vote that -- -- Nowak -- warning label the winner gets a thousand bucks.
They don't actually produce anything themselves they're just try and essentially leverage.
And and hijacked somebody else's idea and see if they can extort some money out of them.
And this has been described by some of the single biggest threat -- innovation in this country.
What they're talking about our patent trolls.
Now this topic need some explanation.
Let's say you invent something it's been years coming up with a new way to say and send X ray images over the Internet.
Pure invention make something better it makes sense that you be rewarded for your discovery that's where we have patents patents inspire people to invent new things.
In the constitution America's founders explicitly said that federal government may promote the progress of science by giving inventors and exclusive right.
To their discoveries.
But even good rules get abused by lawyers lawyers like patent troll rob Burma.
One company he helped start managed to get hold of a patent on sending any medical image over the Internet.
The US patent office gives -- -- liberal.
His firm and sued medical imaging company the result.
And MIT study concluded that after the company's pursued innovation stopped completely.
They -- inventing things you kill in a nation.
Well actually I think that we do just the opposite I think that we give people incentive to innovate a lot of -- still come from garages.
And people that put time and effort into inventing something.
We assist those people.
In asserting their patents so in essence we're giving them the same ability that the big companies have when they patent something.
So how many of these suits have you fared well -- my current company for example were both -- year old Internet I'd say between fifty and a hundred.
And these fifty and a hundred people actually invented something unique he didn't just scarf up a bunch of stuff that was that the patent office we look at -- very carefully.
And we only take on patents that we think are legitimate.
And where there's significant infringement going on.
So these big companies are just stealing ideas from little people sometimes they do history is filled with him.
In today's economy.
It is very difficult for a small company to bring a product to market I contend that apple if it -- to start today couldn't bring their products to market.
What they're forced to do is partner with somebody who has manufacturing and distribution.
When a small company partners with a big company.
It's a very on even relationship.
And the small company usually gets screwed and patents -- the great equalizer they give us the ability to fight back and that's what we're doing.
Boy you're current company has sued Microsoft your previous companies sued IBM Wal-Mart Walgreens Shutterfly CBS costs -- Rite -- Office Depot Capital One.
All these companies are just feeds.
Well that it took a couple of things first of all some of these companies intentionally steel.
But not all of them so they can before they introduce a product research to see what patents they might be infringing on they choose not to do that.
They instead choose to in essence put their head in the -- that's fine.
But then they can't complain when the patents that they're infringing on -- the patent owners come after them.
And what do you think of this phrase patent troll.
You know certainly I've been called worse.
I can't we haven't picked some pick -- Rich are you here -- what I am as a capitalist that makes money for inventors like these people.
And adds value for our shareholders.
So Obama and -- all the critics.
Are just wrong about.
Associating you with.
What's what's wrong -- what's wrong as with a broad brush putting everybody in the same category I'm not making excuses.
For those companies.
That bring lawsuits -- for the sake of litigating that say.
Pain because it's cheaper than litigating I think that that's wrong and we don't engage in that type of activity.
I look at this chart of -- control lawsuits they just go up and up and you collectively you trolls and you personally is suing Amazon for selling a touch screen.
That response when a user rights on the scoring well first of all -- -- that in my view you wind event at the touch screen.
I did -- in that instance when we acquired the rights from an inventor -- the invent let's say an inventor develops the touch screen and let's say.
They go to Amazon and Amazon says you're a small inventor.
Where maybe they even showed to touch screen to Amazon and may be just may be Amazon said.
We're not interested in it.
And then maybe two years later it came out a product because a lot of patents are just garbage well anybody -- -- the problem with that.
Is the patent office the patent office does a terrific job.
With the resource is that they have -- look at this a five year old got a patent for a new method to swing and a swing.
He used side by side motion by pulling alternately on one chain and then the other.
His dad was a patent attorney filed this is a joke but the government approved it is a real bad.
The problem is the patent office can't always hire the best and the brightest they -- the gate keepers if we had a better.
Qualified people at the patent office that would benefit everybody in the system.
We will solve this here -- thank you for taking my abuse.
Our studio audience gets to award a thousand bucks to the person who submitted this year as wacky as warning -- Also this man says he's truly -- until works but does he look disabled Leo.
This ability fraud next.
Have you been injured on the -- But our team.
Stop worrying and Collins is just that easy my loss from -- and Krugman is collected over a third of a billion dollars for injured people.
Injured workers lawyers like those guys healthy get money if you can't work -- injured.
And of course if you really are injured we want you tell it you we're really injured.
But with all those workers compensation dealers chasing money and they must make a lot because they buy all of us TV -- I wonder.
Where the people really injured.
Or do they exaggerate just to get money.
At least a quarter of and cheat says Paul cold -- insurance companies hire him to secretly videotaped people who file -- people like this truck drivers said.
He hurt his back at work at now -- to -- to work he came into light duty but that camera caught -- -- the swimming hole climbing up this ledge.
And then later jumping back into the water so what's the story.
We knew that this guy was going to be active there was some leads that he might be hang out some relatives and celebrating one of the holidays before we know -- our claimants in the water.
Swimming talking conversing and then decides the and -- to the top of the -- is you can see here and jumps off with with no signs -- disability whatsoever.
And the key here is that this guy's got a neck and back injury that's basically preventing him from -- to go to work every day.
So to me that's quite contradictory to someone who can't sit in an office -- and work on a computer.
Insurance companies don't hire you to check out everybody only when -- -- only when they're suspicious right we'll see folks that are.
Answering their telephone and they say it will hey listen I'm always -- -- yet what every time answer the phone.
You -- background noise it might sound like they're actually somewhere other than home and when you videotape you find fraud how often but we're at 81% 81% of the time when you investigate you find -- some form of fraud.
And this cost America -- hundred billion dollars which is about 900 dollars per family -- -- This happens because.
People accept this that's just a big company they can afford it neighbors don't report them it's.
An entitlement issue the promises that all of us are footing the bill for that every single year.
And and ultimately it's going to be passed on -- through goods and services your clothing everything's gonna go up in terms of price you will see an increase as to what you're spending at the register.
Let's look at some of your other cases.
This woman said she can't even sit at a desk because she has so what's a -- pain pain shoots up.
The company said -- we have stand up workstations she said I can't stand either.
But this video shows are walking around and getting into an argument with her boyfriend.
You can see from the video that she takes a leg brace often attempts to utilize it as a weapon to hit.
And these people -- all still collecting money these cases are pending that's why we radler the face it they're still open.
A man said he was injured at a crushed finger couldn't grip -- pen to write or even do sedentary work.
You caught him working at another job he was indicating that he couldn't grip the pen to you know do his day to -- work at the office.
And as you can see here -- picking up broom handles he's clinching he's.
Really not shown any form a disability -- certainly something that would disable him from showing up for work every day.
So does your investigative and jump out of the bush and say how we caught -- Now our job is to stay concealed and the last thing we want to do is have someone shoot at us because unfortunately these folks there.
Are banking on these claims here's another case person said he felt a pop in his neck travel down to his arm and shoulder.
-- found and he can't work I visited gem.
The investigator follow them this guy shows up in jeans and tank top and begins to work out so.
The investigators you can see in the right hand side -- -- the screen there.
Is -- his heart out -- try to attempt to look like he's working out while he's videotape this guy and very close quarters nonetheless.
One final example.
A woman said after a car accident.
She had vertigo she was dizzy so.
She really was suffering.
-- -- followed her would amusement park where she got on the ride called the slingshot.
-- this is the chair where people will -- been on a seat belt and get launched about 200 feet into the air.
And I don't know that I wouldn't be quite dizzy if I had come off.
And simply catching the one video often is not enough to win the case now.
Attorneys have what's called a good day bad day -- -- when these folks are injured they will basically say it will pay Johnny was injured absolutely but you guys -- you know.
You come on a day that he felt you know and great but the other two days after that he was laid up in Iraq and sharing and couldn't -- -- have to shoot them several multiple times and typically we try to go a week apart possibly two to three weeks just to show -- -- over a month where this person's been capable to perform their duties.
Well I would think that the new technology would at least help -- that cameras have gotten easier and small.
Technology is our best friend who we are able to literally put cameras in.
Things that you couldn't possibly imagine in fact -- brought one and and kind of in honor of John we've got that the mustache.
There's a wireless transmitter hidden inside.
So -- it's amazing what she can put these things and we've also brought.
You know what appears to be a regular key fob a BMW -- but yet inside there there's a small pinhole camera think about that next time you want to -- Workers' compensation thank you call up next.
This extension cord has -- -- it.
Wash hands after handling.
-- that necessary.
You know who gets that award a thousand box to move this year is stupidest warning label.
Send even fear of lawsuits create unintended side effects if cover something nasty ones tonight but let's lighten things up a bit with a content.
Way to protect themselves from suits by smearing warning labels on products in the better -- lawyers often cite a lack of awarding.
Could've prevented this injury.
The result is that companies could do his things on labels.
Bob -- -- Jones -- something called a wacky warning label contest.
You submit one vote is voted the dumbest you win a thousand dollars second place gets 500 dollars.
And after reviewing hundreds of entries Bob narrowed the submissions down to his five favorites and again this year.
He agrees to let you know our audience picked -- stupidest though winners off.
You don't get a thousand.
The label gets -- so Bob what are your five finalists.
Well we have a anti fog glass cleaner it warns.
Not for contact lenses or direct use in.
All right it.
This is -- rubber worms but it says warning not for human consumption rubber when people use them to fish forever but it's.
Not forgive me it's just it's plastic you wouldn't consume it well but if it's not there there could be sued.
Next we have today.
Pedometer that's a great cereal maker put this in their boxes to encourage kids don't exercise a great idea but the warning label amongst the Mehdi says.
Not responsible for any illness or injury incurred while using the stuff -- so it's always -- walking and they step in a hole you -- This is made by Kellogg's -- -- we.
Contacted them saying why did they have did have to do this state they didn't call us back.
Everybody's use these -- on the -- these common indoor extension cords -- brown.
-- says warning.
Wash hands after handling.
Well who washes her hands after playing in an extension cord nobody -- we call the company asked where they did that and we couldn't find anyone who spoke English so we don't.
Finally and a box of matches the warning label actually says combustion resultant carbon monoxide known to cause cancer birth defects and reproductive harm.
And the problem is that you don't read the labels -- -- re.
Well right -- of warning label overload and that is a big problem as one of the reasons we do the contest.
Well thank you Bob when we return you get tells -- and -- -- thousand dollar winner.
This year's -- he has warned.
Now your turn in two ways you get to ask questions some guests John -- -- keyboard can't.
But first who is a thousand bucks for submitting this -- stupidest -- like.
-- -- -- Jones picked his top five.
Again well at the studio audience.
-- -- winners so audience which is the stupidest I ask you that.
Raise your hand this week go through this so first the glass -- that says not for contact lenses.
We're directing your.
-- artificial worms used as bait for fishing -- says warning not for human consumption.
If you -- on that one right that's eliminated how about the extension cord wash hands.
After handle it.
All right this city is in the running further thousand box.
Go ahead and -- the diameter says the companies are responsible for any illness or injury incurred while using the step Connor.
Went and -- are okay and lastly of them matches combustion results in carbon monoxide.
Known to cause.
Cancer birth defects reproductive harm.
-- sex we have some ties here so I think -- winner clearly is the extension.
Yeah dog house commerce Township Michigan wins a thousand dollars.
And the 500 dollar winner my off screen vote counters say it's the glass cleaner.
And that came from Melanie champagne and -- North Carolina.
Third place the -- -- an hour.
That came from Justin Smith Albuquerque, New Mexico -- -- 250 bucks.
Thank you if you want to submit -- -- to next year's warning label contest just Google Bob's organization.
Who can Google wacky warning labels that'll get you.
Now your questions for my guests.
Bob or John or -- gore first from my FaceBook page -- George says.
-- -- don't penalties for filing ridiculous.
Frivolous suits and Daniel Spencer says.
The answer would be the penalty loser pays he says why such opposition -- loser pays what's the down side.
My answers there are penalties for filing frivolous -- -- never impose.
Yes they are almost every -- every other country in the world has -- loser pay system so all of come countries were competing for -- -- for jobs in Europe and Asia.
All have that other people in those countries have the ability to sue him but you should know that they look to us bought a new prelude agreements and they laugh they -- the Melbourne.
-- events that you've mentioned many of you -- For you ask your question -- I want to point out that you're here you're a high school student.
You're here because you won the second prize in the essay contest first fassel in the classroom any high school.
Like -- I had -- ask your question.
So -- events have been mentioned many here accomplishments.
Which of the Los even instituted our -- -- I think -- the bans on smoking and the fact we've -- smoking by almost.
Half in the United States something even the surgeon general's report couldn't do you do that.
-- next year the first place winner he won fifty in her box in the docile.
And ear and -- school where in saint Petersburg Florida go ahead.
So my question is is the trouble really with lawyers are is the trouble with unnecessary loss.
It's the latter.
When it may take my word for it.
Too many damn laws.
That are being made.
Mostly because somebody is.
Dissatisfied with something and it thinks that somehow government politicians.
Are magicians who are gonna fix things.
Four I wrote a book about that called no they can't yeah I highly recommended a bottom line.
The bottom line if you get -- by a large corporation you better have a lawyer comes as no way you can be city hall and he -- -- by the government even.
More need for a lawyer.
Wife he had screwed by the government is still is we have one government but corporations that screw people attending -- out of -- John.
Yes younger men and.
-- very you're saying that banning smoking in homes.
How -- you do you if think homes -- canine companion and it's.
Yeah a -- you could have been a little hole.
Three fourths of the states we have court orders prohibiting smoking in homes.
Where trial custody is an issue in twelve states they ban smoking in homes where they are are.
Foster children increasingly they're also banning smoking in cars there is no right to smoke in the home.
The New York Times has reported that every year thousands of children are killed by their parents smoking.
We're succeeding and that is the ultimate test -- -- succeeding and banning things yeah.
If they're bad things went bad and if they're good -- -- encourage.
We -- lawyers and how about talk -- Thank you John.
-- -- Bob coming up my take I'll tell you what really protects consumers did something much better.
And have talks.
The conceit of politicians and lawyers that they think they can manage life through rules.
So they keep adding to this -- They don't see that these rules gradually wreck life.
Highest -- not -- stop innovation.
Critics of -- b.'s focus on the cost of litigation but the bigger harm is that.
The fear of lawsuits by itself deprives us of good things things that would make our lives better even save lives they never get introduced.
Drug companies and -- -- a vaccine against Lyme Disease.
We won't sell because they're scared of lawyers.
Fearful medical device makers often stick to all technologies -- try and something new even if it's better risks assumed.
Monsanto develop -- substitute for asbestos a fire resistant insulation that would save thousands of lives.
But they decided not to sell -- series and possible lawsuits.
Imagine the wonderful life saving products we might have to -- if innovators didn't live in a climate.
The trouble with lawyers may be an unfair title for this show lawyers are just hired guns who try to help people manage these rules.
The problem is mostly the rules in the number of people challenge me you would -- -- its docile just let companies cheat people.
Well when I started my career is a consumer reporter I believe that old league rules protect us.
It's not true the rules just give us a false sense of security.
The free market does a better job protecting consumers the market works through competition.
When you move to a new place do you choose new doctors -- restaurants by checking their government license.
-- -- check Yelp consumer reports and g.'s list.
-- -- neighbors and colleagues for opinions he asked because you know even with all of these laws but still cheating.
There's a wide range and quality.
And companies know that the best way to ensure that they'll make money tomorrow.
Is keeping a good reputation.
So they work on that.
Protect us more than any lawsuit.
And that's what I'm glad that.
This young man in the audience -- Is wearing one of those T shirts that playoff the Coca-Cola slogan in joy capitalism -- cents and that's right we shut.
'cause if we keep -- the lawyers make the calls they'll stop till they take all our time and all our money and all our freedom.
So -- her appeal most of these laws let the market work gets -- -- can.
That's our show off.
-- -- -- --
Filter by section