Posted by
Solutions on Sunday, November 02, 2008 7:57:21 AM
During law school, in an effort to write a paper for a law review article, I came up with the idea of the PROFIT Act. It stands for Productivity, Responsibility, Opportunity FIT Act. The idea is for a fund for all employees out of which tort judgments will be augmented.
This one single plan will singlehandly reduce harmful frauds, excess, such as the one's that took down the financial markets, and help add to retirement accounts, reduce the so called "tort tax", and address global warming. More information about the proposed act can be seen in a recent webletter posting at The Nation.
http://www.thenation.com/bletters/20081006/speth Or, email me for more information, or ask questions, here.