CEI Daily Update
Issues in the News
1. LEGAL
The American Tort Reform Foundation issues its 2007 “Judicial Hellholes” report, highlighting the most unfair local courts in the country.
CEI Expert Available to Comment: Special Projects Counsel Hans Bader on how Clark County, Nevada ended up on the list:
“…the problem is much worse in Clark County than in most of the rest of Nevada. As the ‘Judicial Hellholes’ report notes, the Los Angeles Times featured an in-depth report on the Clark County judiciary entitled ‘They’re Playing With A Stacked Judicial Deck,’ which observed that Clark County ‘courts are clogged with frivolous litigation and the rolls of the state bar are spotted with unethical and incompetent attorneys.’ Similarly, the Las Vegas Review-Journal noted that Clark County ‘courts are clogged with frivolous litigation and the rolls of the state bar are spotted with unethical and incompetent attorneys.’”
2. HEALTH
Patients facing treatment delays in the UK may soon have the chance to be treated in other countries with faster service.
CEI Expert Available to Comment: Adjunct Fellow Doug Bandow praises the new competitive atmosphere:
“Just as America operates as a medical safety valve for Canada, so apparently will the continent do so for Britain. Of course, it would be better for Britain to denationalize care and empower patients. But subjecting the National Health Service to competition, even from other government-controlled systems, is a step forward.”
3. BUSINESS
Wall Street responds to unease about the market for mortgage loans.
CEI Expert Available to Comment: Center for Entrepreneurship Director John Berlau on how the government’s policies could be contributing to the unease:
“No one knows how the markets will react longterm to the White House’s official unveiling of the plan yesterday. But there’s good reason for conservatives to share the market’s initial nervousness. The administration has hammered together an agreement with some of the biggest lenders to freeze the introductory rates for certain borrowers for as long as five years. At the very least, if the Paulson plan is truly voluntary, it’s unnecessary.”
Blog feature: For more news and analysis, updated throughout the day, visit CEI’s blog, Open Market.
FOR MORE INFORMATION
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