Is it real news, or is it the Onion??

What a day for sad, zany news.  I'm not even sure which one is the worst.  Help me out here:

1. Auto bailout tab could top $130 billion - These car companies are getting paid billions in taxpayer dollars so they can fire workers? Here's a thought: let them do it for free!

2. 2 Investigations Into Burris Are Begun - The new Senator from Illinois, the one Democrats promised they would not seat, was seated, and is apparently a bad apple.

3. Something about somebody named Caylee's Mom. I don't know a thing about this story, other than it's been everywhere recently. I like to check on CNN.com to check the public pulse, but I see stories like this as a sure sign of the End Times.

4. Drunk man run over by train awarded $2.3 million - Don't worry, since the court said he was 1/3 at fault, he doesn't get to keep all the money.  With that logic, you could be 99.9% at fault for a $5 billion dollar damages suit, and only get to keep a mere $5 million. I don't blame lawyers. I blame judges! An economics master's should be required for judges, not a JD.

So what's your pick?

Comments

[Braden]

3.5 million is a pretty high estimate for the value of one's legs, but the rule of comparative negligence is quite economically reasonable. If the train driver indeed had the last clear chance to avoid the accident, I don't think 2/3 liability is a bad judgement in the slightest.

[louis vuitton online shop]

Tim: As I wrote on my blog, Truth on the Market, I think Tyler is pretty far off base with this one. See http://www.truthonthemarket.com/2009/04/28/what-does-tyler-know-about-law-and-economics-anyway/