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| TIME | SPEAKER | TEXT |
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| 00:01:03 |
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PROTECTING MAIN ST. JOHN'S FROM LAWSUIT ABUSE. THIS IS A SUBJECT -- PROTECTING MAIN STREET JOBS FROM... |
| 00:08:14 |
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THANK-YOU TO THE WITNESSES WHO ACCEPTED OUR INVITATION TO COME TODAY. ON THE AMERICAN AGENDA THIS... |
| 00:11:31 |
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THANK YOU SO MUCH. I DO BELIEVE IN THE JUSTICE SYSTEM. I BELIEVE PEOPLE HAVE THE RIGHT TO SEEK REDRESS... |
| 00:13:25 |
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OUR FIRST WITNESS IS THIS MAN WHO HAS BEEN A TRUMPET -- CHAMPION OF LEGAL REFORM IN AMERICA. HE FORMED... |
| 00:14:29 |
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WHEN HE'S NOT WRITING BOOKS OR CONTRIBUTING OPINION ARTICLE, MR. HOWARD HOLDS DOWN A DAY JOB IN THE... |
| 00:14:54 |
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I THINK YOUR -- THAT BUTTON IT'S NOW ON. |
| 00:14:59 |
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YOU HEARD IT IN THE PUBLIC EVEN BETTER. I WOULD -- I WILL NOT REPEAT WHAT I STATED IN MY STATEMENT... |
| 00:19:56 |
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THEY ARE WE'RE GOING TO COME BACK AND HAVE A CHANCE TO FOLLOW UP WITH SOME QUESTIONS. MY NEXT WITNESS... |
| 00:21:18 |
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I THINK WE'LL ROLL THE VIDEO ABOUT BASKETBALL TOWN. |
| 00:21:22 |
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WILL YOU PULL THE MICROPHONE CLOSER. |
| 00:21:29 |
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MY NAME IS CRYSTAL CHODES. I WAS WITH BASKETBALL TOWN FOR OVER TWO YEARS. BASKETBALL TOWN WAS A SPECIAL... |
| 00:24:34 |
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THAT'S HARD TO WATCH THAT. I THANK YOU ONCE AGAIN FOR INVITING ME TO TESTIFY TODAY. AGAIN MY NAME... |
| 00:28:36 |
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THANK YOU VERY MUCH. OUR NEXT WITNESS IS DR. DAVID TISHER. HE HAS A SURGICAL PRACTICE IN BEAUMONT,... |
| 00:30:10 |
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THANK YOU. IT'S AN HONOR TO BE HERE. IT'S INTERESTED THAT THE PUBLIC DEBATE SEEMS TOE BE CREATING... |
| 00:36:36 |
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THANKS DR. TISCHER. OUR NEXT WITNESS IS PROFESSOR CHRISTOPHER DRHOSEL THE PROFESSOR AT THE UNIVERSITY... |
| 00:37:46 |
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THANK YOU VERY MUCH. I'M VERY HAPPY TO TALK ABOUT ARBITRATIONS. IT'S NICE TO BE IN A SETTING OF ARBITRATION.... |
| 00:42:58 |
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FEW PROFESSOR. MY FINAL WITNESS IS TED FRANK WHO'S AN EXPERT IN CIVIL LITIGATION IN LAWSUIT ABUSE.... |
| 00:43:47 |
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MR. CHAIRMAN, I FOOD IN TO RUN TO THE FLOOR -- I NEED TO RUN TO THE FLOOR. I'LL BE BACK SHORTLY. |
| 00:43:52 |
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THANK YOU, MEMBERS OF THE CONFERENCE FOR YOUR KIND INVITATION TO TESTIFY ON EXCESSIVE LITIGATION.... |
| 00:48:47 |
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THANK YOU VERY MUCH, MR. FRANK. AND I APPRECIATE EACH OF YOU BEING ABLE TO TESTIFY. I WOULD LIKE... |
| 00:50:01 |
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IT'S CLEARLY A VERY LARGE DRAG ON THE ECONOMY AND ON OUR COMPETITIVENESS. AND THERE HAVE BEEN A NUMBER... |
| 00:51:08 |
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I'VE HEARD YOU USE THE TERM "TORT TAX" WHICH I'VE HEARD AND READ BEFORE. BUT IS IT YOUR CONTENTION... |
| 00:51:25 |
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WELL, IN A LOT OF WAYS IT'S LOST. WE DON'T SEE THE PRODUCTS THAT PEOPLE WHO DON'T BECOME DOCTORS,... |
| 00:52:00 |
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MR. HOWARD, AS I'VE NOTED YOU'VE WRITTEN EXTENSIVELY AND SPOKEN EXTENSIVELY IN THIS AREA FOR FORCING... |
| 00:52:20 |
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HAVING BEEN A LAWYER FOR 30 YEARS AND I HAVE A DAUGHTER WHO'S ABOUT TO GRADUATE LAWSUIT, COULD YOU... |
| 00:52:33 |
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WELL, I THINK -- THE TITLE OF THE BOOK IS INTENDED TO SUGGEST THAT PEOPLE LIVING THEIR LIVES SHOULD... |
| 00:54:34 |
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DR. TISCHER, YOU INDICATED, OF COURSE, YOU AND I KNOW EACH OTHER WELL AND AM FAMILIAR WITH THE TEXAS... |
| 00:55:58 |
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HI THE HIGH RISK SPECIALTIES WERE THE ONES THAT WERE HIT THE HARDEST. OUR PEDIATRIC SOME SPECIALTIES,... |
| 00:59:41 |
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DR. TISCHER,LES ANYBODY GET THE WRONG IMPRESSION, THE PRIMARY REFORMS IN TEXAS HAVE BEEN PUTTING CAPS... |
| 01:00:04 |
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REAL DAMAGES ARE NEVER CAPPED. WE'VE HAD A WRONGFUL DEATH CAP FOR 30 YEARS. THE NONECONOMIC CAP ONLY... |
| 01:01:21 |
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YOU AND I HAVE TALKED ABOUT THE IMPACT LET'S SAY ON MEDICARE AND OTHER TIDELEMENT SPENDING WHICH IS... |
| 01:01:56 |
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THANK YOU, SENATOR. I DON'T THINK IT'S POSSIBLE TO CONTAIN HEALTH CARE COSTS UNLESS YOU CREATE A SYSTEM... |
| 01:04:27 |
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WHEN I WAS IN MY EARLY YEARS OF MY LEGAL PRACTICE, I BECAME CONCERNED THAT THERE WERE A LOT OF PEOPLE... |
| 01:06:19 |
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MY GUESS IS YOU HAVE A BETTER SENSE OF WHAT CONGRESS IS DOING THAN I DO. BUT THERE HAVE BEEN A NUMBER... |
| 01:08:31 |
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SO CONTRARY TO WHAT YOU EAR IN SOME QUARTERS, ACTUALLY ARBITRATION CAN ENHANCE PEOPLE'S ACCESS TO... |
| 01:08:39 |
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PARTICULARLY FOR SMALLER CLAIMS THAT WOULD BE -- WOULD BE UNECONOMICAL TO BRING IN THE COURT SYSTEM.... |
| 01:08:49 |
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CAN YOU GIVE US AN EXAMPLE OF THE MORSE COMMON SORT OF ARBITRATION PRO I HAVES. WHAT KIND OF INSTRUMENTS,... |
| 01:09:04 |
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IT VARIES TREMENDOUSLY. SOME INDUSTRIES HAVE VERY HIGH USES OF ARBITRATION CLAUSES SUSM AS THE CREDIT... |
| 01:09:41 |
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THIS -- IN FREQUENCY. |
| 01:09:43 |
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THEY AGREE TO CERTAIN PROVISION AS AN ALTERNATIVE EXPENSE AND TIME THAT WOULD BE EATEN UP DURING ORDINARY... |
| 01:09:54 |
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ABSOLUTELY. THAT SOPHISTICATED BUSINESSES IN DEALING WITH EACHOR MOST DRAMATICALLY IN INTERNATIONAL... |
| 01:10:37 |
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THANK YOU FOR BEING HERE. I THINK IT'S IMPORTANT THAT SOMEONE LIKE YOU COME AND TESTIFY AT A HEARING... |
| 01:10:56 |
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LET ME JUST ASK YOU A LITTLE BIT ABOUT BASKETBALL TOWN. DID YOU SAY THAT IT EMPLOYED 12 PEOPLE? |
| 01:11:02 |
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YES. |
| 01:11:05 |
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SO WHEN BASKETBALL TOWN WENT AWAY THOSE 12 PEOPLE LOST THEIR |
| 01:11:08 |
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YES, THEY DID. |
| 01:11:10 |
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AND THEN THERE WAS AN ADDITION, THIS OTHER BUSINESS, THIS PIZZA BUSINESS -- HOW MANY PEOPLE DID IT... |
| 01:11:18 |
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IT WAS A FAMILY-OWNED OPERATION. SO THE CUP THAT OWNED IT AND THEIR TWO KIDS OFTEN CAME IN ON WEEKENDS... |
| 01:11:28 |
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SO PRESUMABLY THEY WERE ABLE TO FIND ANOTHER PLACE TO RUN THEIR BUSINESS OR ELSE THEY WERE PUT OUT... |
| 01:11:35 |
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THEY WERE PUT OUT OF BUSINESS. THE WIFE WAS LOOKING FOR A JOB. AND AGAIN, THE KIDS ARE OFF TO COLLEGE... |
| 01:11:51 |
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SO EVEN THOUGH YOUR BASKETBALL TOWN WAS COMPLYING WITH ALL THE APPLICABLE REGULATIONS OF THE LAW,... |
| 01:12:07 |
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RIGHT. YEP. THAT IS CORRECT. |
| 01:12:13 |
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AND CAN YOU -- ARE YOU -- CAN YOU TALK TO ME A LITTLE BIT ABOUT WHAT SMALL BUSINESSES DO ORDINARILY... |
| 01:12:46 |
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ABSOLUTELY. ABSOLUTELY. WITH A BUSINESS LIKE BASKETBALL TOWN, THE OVERHEAD, IT'S SO HIGH AND THE REVENUE... |
| 01:13:07 |
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WELL, I WANT TO THANK ALL OF YOU FOR BEING HERE TODAY. AND I WANT TO -- AND WE'VE HAD SENATOR SESSIONS,... |
| 01:16:57 |
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WE SPOKE ABOUT THE ARBITRATION FAIRNESS ACT, AND I WOULD ALSO LIKE TO SAY THAT THIS WILL REDUCE THE... |
| 01:17:47 |
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THIS IS VERY IMPORTANT. THANK YOU FOR BEING HERE TODAY, AND THIS HAS BEEN VERY ENLIGHTENING. IT WOULD... |
NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.
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