Political Quotes

“I support legislation designed to avert and control what could be a litigation bonanza stemming from the Y2K problem. We can't be sure what computer-based system, if any, may go awry at midnight, December 31, 1999, but we should not sit by idly and wait to find out. The Y2K Act attempts proactively to provide incentives for everyone, potential plaintiffs and defendants alike, to cure Y2K compliance problems before they occur and to impose reasonable limits on liability and rules for the prosecution of lawsuits arising from Y2K failures. On today's editorial page, the New York Times criticizes Senator McCain's Y2K legislation and opines that: Congress can also clarify the liability of companies once it becomes clear how widespread the problem really is. But before the new year, the government should not use the millennium bug to overturn longstanding liability practices. I strongly disagree. We know that our current liability system, longstanding as it may be, is flawed in that it increasingly lends itself to lawsuits of limited merit, but huge downside risks, excessive delays, and creative and often unfair theories of liability.”