Re: [MLUG - DISCUSSION] [POLITICS] another cool graph from Krugman

[Mike Miller <EMAIL:PROTECTED>]

On Fri, 9 May 2008, Vern Green wrote:

> > Did he help any sick people who were harmed by reckless doctors or 
> > hospitals?  What do you think should be done -- should we just stop 
> > having malpractice lawsuits in order to save money on healthcare?  I 
> > definitely prefer the world I have now to a world without malpractice 
> > suits.
>
> Oh then, I am sure that Edwards only took a small but reasonable amount 
> of the cut from each of those suits, after all it is all about taking 
> care of the sick or injured isn't it? I am sure those 3.5 million plus 
> payouts he received went to those who really needed it.

For someone who seems to know very little you come across as quite 
confident, even defiant.  Today has not been a good day for you.

Usually an attorney will take about 1/3 of the settlement and the other 
2/3 goes to the client.  Is that a bad system?  I don't think it is.  The 
attorney is motivated to provide the maximum possible settlement for his 
client, which is just what you would want as a client.  If Edwards took 
$3.5 million, then his client probably took about $7.0 million.  So the 
$7.0 million "went to those who really needed it," and the other $3.5 
million went to Edwards and from there I'm not sure where, but probably 
some of it goes to campaigning and some to charity.

Mike

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