jimrtex
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Posts: 11,815
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« on: January 09, 2006, 09:09:42 PM » |
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Mike Moore should be in prison for his role in the tobacco settlement, which funneled $billions in fees to trial lawyers, who kick the money back in the form of campaign contributions.
The payments to the states and private trial lawyers amounts to an excise tax on cigarettes, which the tobacco companies simply pass on to the consumer/addicts. They are quite content to pay a penny or two in production costs, a huge excise tax, and make a penny profit on a business which the settlement has legitimized. They then launder their profits into other businesses such as CBS, Loews Hotels, and Nabisco.
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