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<p>Today, Senator John Edwards confirmed that he will be the Vice Presidential candidate on the presumptive Democrat presidential election ticket. Edwards, who was John Kerry's second choice after Senator John McCain declined, is broadly unpopular in his home state of North Carolina and has one of the worst voting records in the Senate on economic issues.</p>
<p>CSE Chairman Dick Armey made the following comment:</p>
<p>"Senator Edwards has a fancy campaign slogan about 'Two Americas.' He's right-there is the productive America, filled with decent, honest folks who work hard and pay their taxes. And then there's the America that John Edwards represents: the well-connected swarm of trial lawyers who twist our legal system to pillage the productive sector for personal gain. John Edward's trial lawyer buddies cost America $233 billion in tort costs in 2002 -- an astonishing 2.23 percent of our entire Gross National Product, and this amount is growing at double-digit rates. Of course, these costs are passed on to all consumers in the form of higher prices and reduced innovation. According to the Department of Treasury, this 'tort tax' works out to $809 for every American and more than $3,200 for a family of four, every year. And now, some of that tort tax is going to be passed back from the trial lawyers to fund the Kerry-Edwards campaign to keep the whole racket going."</p>
<p>"By some measure, however, Senator Kerry is doing the country a favor by selecting Senator Edwards as his running mate. No doubt, having John Edwards on the Democrat ticket will provide ample opportunity for voters and the media to look at the ongoing plague of lawsuit abuse. Citizens for a Sound Economy and our members look forward to this important debate about the U.S. legal system and how to fix it."