It's Better For "The People" If The Money's In The Government's Hands. HUH?

I Just heard one of the liberal commentators on the Fox News Channel say that having that $20 Billion put into a fund is much better for gulf coast folks who will suffer because of the spill. Because, otherwise, it would have to sorted out via lawsuits in the courts! OMG! Please read my previous blog, especially the quote from "The Daily Reckoning" and consider why we're supposed to believe we're better off with the government in charge of such a fund!

First of all, having it in a fund will NOT keep the funds distribution out of the hands of lawyers and courts. It didn't for the tobacco fund. It won't for this spill fund. Actual history proves that claim is a flat lie.

If money to redress the damage done by tobacco had gone through the courts isn't it rational to think that we would have been better off? If it had been completely handled in courts, isn't it logical that the only people getting it would be those harmed and lawyers ... with lawyers getting their usual cut of 40% or so? That means those harmed by tobacco would have gotten 60% of the fund's money, not the 5% they actually got with it being handled via a 'fund' set up for it.

To hear anyone try to claim that money to redress the spill's damage is better off in the hands of our government makes me laugh. It makes NO sense whatsoever. When was the last time the government handled money well? Good Grief folks!