Quote:
Originally posted by john_cramer
* Elimination of ALL social safety nets for risk-preferred behavior.
* Absolute liability for Torts committed while under the influence.
...the idea that society should not pick up the tab for the risk preferred behavior of a small percentage of participants.
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Does this also refer to "risk-preferred behavior" such as the social and economic expense of injured racing drivers, sky divers, skiers, motorcyclists, skateboarders, etc. etc. etc ?
Society and citizens share risk and its expense for many different reasons. I don't mind paying an increased insurance expense for their mistakes if they pay their fair share of insurance (and other social expense) that covers me when I f**k up skiing. I certainly don't expect some jack*** who runs me over on the slopes when he's blasted to pay me in cash for the rest of his life. I do expect a settlement from an insurance company. It's the sharing of that insured expense that allows us to enjoy risk preferred behavior at a cost we can all afford. My economic efforts (and I suspect yours) alone will not pay for the research that new ligament surgery to cure a bum knee. We ALL paid for it through insurance and taxes.