- Allowing Banks And Credit Card Companies To Block Customers From Filing Class Action Lawsuits
— Momo Pnano (@MichaelPnano) November 15, 2017
— Frank Parker (@Eques4) November 15, 2017
At the beginning of the month Trump signed into law a congressional resolution which killed a rule banning the firms from using “forced arbitration” clauses, which forbid customers who sign contracts with the firms from participating in class action lawsuits against them. This makes it even easier for the predators who build their fortunes on the debt of working Americans to exploit their prey with underhanded practices free from consequence.
The resolution passed 51–50 after a tie-breaking vote by Mike Pence (that guy the Democrats keep trying to make president), prior to which Democrats had argued that forced arbitration is stacked against the consumer, and Republicans argued that forced arbitration bans only benefit the greedy lawyers who participate in class action lawsuits. All my readers know I view the Democratic party as one of the most toxic forces on the planet, but it doesn’t take a genius to see that the ones more substantially in the wrong in this instance are the group trying to protect banks and credit card companies from class action lawsuits filed by the people they defraud.