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Up in Smoke
How
Are States Spending Their Tobacco Settlement Funds?
Remember that huge
settlement between the states and tobacco companies in 1998? The
tobacco companies agreed to pay $200 billion to the states to help
pay for medical costs from smoking-related illnesses, and to help
prevent kids from smoking. The settlement was hailed as a legal
victory against "Big Tobacco."
President Clinton called the deal "a milestone in the
long struggle to protect our children." (Politicians always stress
protecting "the children.") Washington state's attorney general,
Christine Gregoire, said: "These lawsuits by these attorneys general
were on behalf of those 3,000 children who were addicted every day."
New York's then-Attorney General Dennis Vacco said, "We're going to
save the kids of America."
But
once the checks arrived, most of the promises regarding kids went up
in smoke.
Michael Horowitz of the Hudson Institute once called the tobacco
settlement "the foulest, rankest scandal" he'd ever seen. Now that
the money is in play, I see what Horowitz meant.
While much of the money did go to programs like Medicaid, the
General Accounting Office says less than 7 percent of it has gone to
anti-smoking programs. Where else did it go?
In
North Carolina, politicians gave $200,000 to a place that holds
horse-riding competitions.
A
county golf course in New York got almost $1 million, including
$200,000 for golf carts.
And
of course the lawyers got even more. Dickie Scruggs, brother-in-law
of Senate Minority Leader Trent Lott, R-Miss., is said to be getting
more than $800 million. Peter Angelos, who's rich enough to own the
Baltimore Orioles, is getting $150 million.
Yet
Mike Moore, Mississippi's attorney general had the nerve to call the
tobacco deal "probably the finest hour for trial lawyers in
America."
Tobacco farmer Bobby Bisset agrees with Moore. He thinks it probably
was their finest hour, "because they made a lot of money out of it."
And
guess who else got some money out of it? Tobacco farmers like
Bissett.
"Why shouldn't I get some of the money?" Bissett asked.
"After the money gets to rolling in, everybody gets interested in
money," said Keith Beavers, a North Carolina tobacco farmer.
They sure do. North Carolina has now spent more than $42 million to
help the tobacco industry, giving some of its settlement money to a
tobacco auction house and a museum of tobacco farming.
The
states say all this will help create jobs and stimulate the economy.
The
bureaucrats cut a deal promising they'll help stop kids from
smoking. But who was really helped? Rich lawyers got richer and
farmers got help producing tobacco.
Give me a break!
By
John Stossel
ABC
news story
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