Don't be impressed by headlines of Chinese drywall judgments

Those following the saga of tainted Chinese drywall can't possibly miss all the fanfare given to Judge Fallon's latest awards...

Judge awards $164K to Louisiana family for Chinese Drywall!

However, this is all quite meaningless as the judgment will never be perfected (that is, collected). This court can't enforce a judgment on a foreign nation, least of all on China—a country that holds our own government's markers for trillions.

This is one time that the plaintiff's lawyers are hurting themselves, since many of them actually believe that our courts will seize assets such as ships, to enforce the judgment.

If you buy that, I've got 5,000 tainted drywall houses in Cape Coral, FL I'd love to sell you.