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Cash Bar - How trial lawyers bankroll the Democratic party.
The Democratic party has come full circle on tobacco. In 1988, Al Gore boasted that he had "raised tobacco": "I've hoed it. I've dug in it. I've chopped it, I've shredded it, spiked it" and so on. Then he waged a ferocious anti-tobacco campaign. Now, Democrats once again view tobacco as a lucrative cash crop as trial lawyers begin investing their fees from the 1998 tobacco settlement in political campaigns.
Those legal fees are estimated at between $3 and $5 billion per year for the next 25 years. While the fees the tobacco companies will have to pay are still in arbitration in over 40 states, three years ago lawyers representing just three states-Texas, ...
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Source: HighBeam Research, Cash Bar - How trial lawyers bankroll the Democratic party.