Special interest groups

Special interest groups

Cry Wolf Quotes

Well, that didn't take long. Democrats are planning to kick off the legislative portion of the 111th Congress as early as today with two big donations to one of their most loyal retainers: the plaintiffs bar….For the tort bar, this is pure gold. It would create a new legal business in digging up ancient workplace grievances…. Elections have consequences, and one price of November's vote is going to be a more powerful, and much richer, plaintiffs bar.

-
From the Wall Street Journal's “Trial Lawyer Bonanza: Off and suing with the 111th Congress."

Any review of the history of the affordable mortgage movement in America demonstrates the power that CRA had in helping to shred mortgage underwriting standards throughout the industry and exposing us to the kind of market meltdown we've experienced. “If form follows, soon banks and other financial institutions operating under CRA will be cudgeled into lending to small businesses based on race and gender, which will be the opening of a new round of lower lending standards in the very risky small-business sector. The effort to save and extend CRA in the face of its role in the mortgage market's massive meltdown is testament to the unique power of this legislation to nourish an entire industry of nonprofits that, like Acorn, have been reliable supporters of politicians such as Barney Frank, Maxine Waters and a former community organizer and associate of Acorn by the name of Barack Obama.

-
Steven Malanga, Investor’s Business Daily,

Panic decisions on regulatory matters, inspired and promulgated by today’s abundant supply of instant ecologists, legal opportunists, activists with or without cause….Many of these people know not what they do, let alone what they say.

-
R.E. Naegele, manager of Dow Chemical’s agricultural department, Testimony, House Committee on Agriculture.

Under this measure, accidents will have devastating effects on employers. Encouraging lawsuits is good for attorneys, bad for business, and ultimately, bad for employees.

-
Construction Employers Association memo to Assembly Public Safety Committee.