Asbestoshole.

1 comment May 16th, 2005at 07:59pm Posted by Eli

Arlen Specter calls shenanigans!

FOR over two decades, Congress has wrestled unsuccessfully with the difficult problem of asbestos. Now, with Congress about to produce legislation that will compensate Americans hurt by asbestos without clogging the courts and causing undue economic hardship, Dick Armey, a Republican and the former House majority leader, has led a huge and misleading advertising campaign to defeat the bill.

(snip)

…in radio ads that have run in 15 states, Mr. Armey says the bill would levy $140 billion in new taxes to create a federal trust fund for asbestos victims. He knows better. Manufacturers, which are liable for asbestos injuries, and their insurers have offered to create the $140 billion trust fund to avoid further liability. The bill is explicit that the federal government would pay nothing into the fund.

Mr. Armey also asserts that the fund would set aside billions of those tax dollars as payoffs to trial lawyers. In fact, the bill caps lawyers’ fees at 5 percent, compared with current contingent fees of 33 percent.

Just leave the check on the Dresser.

Entry Filed under: Corruption/Cronyism,Politics,Puns,Republicans,Specter,Wankers

1 Comment

  • 1. Jeffraham Prestonian  |  May 16th, 2005 at 10:41 pm

    Pls let me know when your DVD arrivesw, thx.
    .


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