Reed: Talks about letter from S&W on the critical nature of this bill. Says they believe it is uncertain whether there will be an adverse effect from these cases. They're saying they don't think any of the cases will hurt them financially. They went on to say that they only incurred 4500 bucks in court costs for 9 months. Says S&W is reducing the reserves they have to deal with these claims. Shows chart showing decline in litigation against them. There is no flood of cases. (Yeah, but it only takes only lucky hit to sink the ship) These suits are not an epidemic, only 57 of 10 mil suits were against gun industry. Claims that hundreds of mil are being spent in defense has no factual data in support.
Durbin (I hate this man so much): Waaah, wahh, we set aside the Defense bill, we're hurting orphans and soldiers, vets, and Guard/Reserve. What was on the floor when Repubs moved to this special interest bill?
Reed: Talks about amdts to Defense bill. (Ya know Dems, if you were so damned concerned, maybe you wouldn't have dragged your feet on all this)
Durbin (I hate this man so much): Waaah, wahh, we set aside the Defense bill, we're hurting orphans and soldiers, vets, and Guard/Reserve. What was on the floor when Repubs moved to this special interest bill?
Reed: Talks about amdts to Defense bill. (Ya know Dems, if you were so damned concerned, maybe you wouldn't have dragged your feet on all this)