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Old Mar 22, 2008, 04:38 pm   #14 (permalink) (top)
lsbskins1
Redskins Rule
 
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Location: South-Western Virginia
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Quote:
Quote by: MplsBison View Post
Regardless if it's legal to sale lead paint on toys, the consumers who buy those lead paint toys are going to sue the pants off of ABC when their kids get sick from them.


Lawsuit settlements or judgements coupled with massive consumer distrust of ABC = ABC rockets to bankruptcy.




Now, since ABC was a corporation, our corporate law allows the investors of ABC to walk away from ABC's demise.
But you are not addressing the core issue. Why not use the more efficent measure. I am not saying back end pressure will have no effect. I am saying why not use front end pressure, make the market react more quickly and allow for a safer consumer? Why not? And why not, specifically from an Economic Theory position.


All I see when I look down, something jumpin' on the ground, Scratchin' dirt, cluckin' in the barnyard -
Tell me, could that be you?

John Kay
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