My political views are informed (skewed?) usually by two competing mindsets.
I grew up in a conservative household. We went to church where there was a God of Fire who pointed you to a Saviour who, despite your basic cussedness, could redeem you. I took away the thought that people were basically bad and needed rules to follow and some one or thing to enforce the rules. Mix in my parents' Depression era, big government backround influencing me and you have government as your rule giver and enforcer to protect us from ourselves.
Then I read Heinlein, Rand, and others, discovering the charm of the rugged individualist. In the books, unfettered by messy reality, the individualist prevailed against the collective. We were all good. Rules and Rulers should be kept to a minimum.
Yesterday morning I had to drive south of Atlanta to McDonough in Henry County, Georgia for a hearing on a motion. Nice little town with a square on which the Courthouse sat. Gridlocked traffic for a mile around the square evidenced McDonough's inclusion in Metro Atlanta's problems.
In Georgia courts, motions are heard by the Judge on periodic "non-jury trial calendars." Anything and everything that doesn't involve a jury appears on these cattle-call mornings. As a result of my attendance at these events over the years, I am fully qualified to practice all kinds of law that I wouldn't touch on my worst day. Divorce, restraining orders, arraignments for non-payment of child support. I once saw a guy banished from all counties in Georgia but one (a fascinating Georgia practice for discussion in another post).
Yesterday, though my case was in the second position, I wasn't excused until about an hour and a half into the session. While there, I saw five hearings on motions to "Confirm Settlement." In Georgia in some cases, when a person gets a structured settlement (payout over time) of a judgment, the settlement has to be approved by a judge. Any change to the settlement later also has to be approved. These people had "sold" their income streams under the settlements to an investor. Kind of like taking an annuity when you win the lottery and selling it, after another discount for a lump sum later.
But here's the twist.
The amounts they were getting for their annuities ranged from a high of 75% to a low of 20% of the current, already discounted, present value. Without laying out all the math, this is a terrible deal. The people doing it were stupid. They needed someone to beat up the side of their head and knock some sense into them.
Instead, in turn, they marched up to the podium in front of the Judge with the lawyer who represented the investor buying the annuity. The lawyer asked them "questions." Did you read the agreement. Of course they did. Did you understand the agreement. Ditto. Did you consult with a lawyer or understand that you have a right to consult with a lawyer and decided not to. Why yes, I did. Is that your signature on the agreement. Yep.
The Judge then asked them two questions. What is your educational backround? It ranged from GED to college degree. Do you have any mental problems? None admitted to any.
The Judge then signed the Consent Order and wished them luck. Yes, to each he said "good luck."
So, am I P.T. Barnum, with a smile pointing them to the "egress" and wishing them luck like the Judge? Or Heinlein, Rand or anyone of a bunch of current talk show hosts? Or, do I lobby for laws to protect the idiots? If so, what kind of laws?
I got in my car, shaking my head, and drove back to the City.