White House Would Veto McCain Y2K Litigation Bill

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[snip]

The White House in its statement on McCain's bill said that it "will not enhance readiness, and may decrease incentives of organizations to bring products and services into compliance; and it will substantially modify the procedural law of the 50 states by imposing new pleading requirements and requiring almost all Y2K class actions to use federal certification standards."

[snip]

McCain, Sen. Orrin Hatch, R-Utah and several other members claim that a litigation bill is necessary to stop the spread of frivolous Year 2000 lawsuits. They say that too many businesses can be hurt significantly by a surfeit of legal action, and that such action could freeze up the court system under billions of dollars' worth of lawsuits.

[snip]

Hollings and other detractors of the bill say the 90-day waiting period could sink small businesses that have been adversely affected because of Year 2000-related difficulties.

-- regular (zzz@z.z), April 28, 1999

Answers

Of course. One of Bill Clinton's main financial backers is the legal industry.

-- a (a@a.a), April 28, 1999.

Which is also why Bill won't pan any Y2K movies. Like Al Gore, he'll come out of it talking about how much he liked the movie.

-- Brett (savvydad@aol.com), April 28, 1999.

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