Of course, like tobacco and asbestos

Global warming will be seen as a great way of suing and garnering income for municipalities, cities, states, and the federal government.

That will be the ultimate outcome and the fear of litigation it will create will cause even more outsourcing opportunities and greater wealth disparities.

Don't buy into it.

If there was no heavy regulatory oversite of corporations there would still be scandal as there is today. But the fear the corporations would have be to their customers, not the federal government. And they wouldn't last too long in business if they were killing their workers in unsafe work environments or selling them lead tainted toys.

Which comes to China, Hank Paulson and Congresses calls for China to raise their Renminbi fell on deaf ears to te common American "too complicated," but lead tainted toys caused concern where US corporations are looking into their dealings with China.

No federal law was needed for this to occur nor oversite, but good ole fashion business ethics.