| Volume 33 Number 11 |
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The People’s Lawyer’s Tip of the Day
Are you responsible for damage caused by your children? In most cases a parent is not automatically liable for things done by a child. Generally, for the parent to be responsible, it is necessary to show the parent negligently supervised the child, and that is why the damage occurred. Kids will be kids and when something goes wrong, parents are usually not responsible. Click here for more.
GM Loses Lemon Trial
General Motors is out over $500,000 after a Wisconsin man won a lemon law trial against the company. Van Natta tried repeatedly to get GM to replace his truck because the steering locked whenever he applied the brakes at a low rate of speed. The defect made parking nearly impossible. Van Natta requested a replacement truck. In the end, GM preferred trial and quickly turned a $35,000 issue into a $550,000 problem.
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Consumer Confidence Hits All-Time Low
According to the Consumer Research Center, "consumers remain quite pessimistic about the state of the economy and about their earnings." That's why consumer confidence hit an all-time low - 37.7. What does this mean for the job market, inflation, and other parts of the economy? Click here for more.
House Passes $819 Billion Stimulus
The much talked about $819 billion stimulus package passed the House this week. Unfortunately, it passed without bipartisan support. The final vote of 244 to 188 did not include a single republican. Republicans expressed concern about the large amount of spending in the bill and the insufficient tax cuts. Democrats say the spending is necessary to spark the economy. The plan hits the Senate floor next week. Will it pass? Click here for more.
Your Money
How does my salary compare with top athletes? Click here for more.
For the Lawyers
Home borrowers can sue over title fees. The Sixth Circuit has held that home borrowers had standing to claim that their title fees violated federal consumer protection law (RESPA) -- even though they failed to allege that they were subjected to any actual overcharges. Click here for more.