Saturday, July 15, 2017

good talk

See My Blogs for June 21, 2015, Oct. 8, 2015, March 24, 2016, and Dec. 21, 2016, on the "Consumer Financial Protection Bureau".  See the editorial in the Las Vegas Review-Journal, for July 12, 2017, "Arbitration dispute"  ...While arguing that "everyone has a right to their day in court" sounds persuasive, arbitration can be a reasonable tool for dispute resolution, speeding the process and lowering costs for all involved ... ...In fact, Mr. Cordray's diktat is a sop to the trial lawyers, a key Democratic constituency that contributes millions to the party's coffers ... "This bureaucratic rule will harm American consumers but thrill class-action lawyers",  noted Rep. Jeb Hensarling, the Texas Republican who chairs the House Financial Services Committee...  Why is it that I would be expected to take-on Citibank and MasterCard, who have ripped-me off for multi-thousands of dollars, on my own, instead of seeking and finding redress through the Federal Branch of the U.S. Government per the U.S. Constitution?  And it's not just me, but hundreds of thousands of Senior Citizens, Obama is gone, time to get this going

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