One of my favorite Texans (and that’s a very small group)
Jim Hightower writes a long, devastating critique of the arbitration clauses
that are now a mandatory part of so many contracts we sign on a regular basis.
Hidden deep in the fine print when we apply for a credit card, purchase an item
or sign up for a service, very few of us even know these clauses exist until
there is a problem, and then it’s too late.
Arbitration has been sold to us by companies and pro-business
organizations as a fairer, faster and less cumbersome alternative to
litigation, but in reality these clauses are a “Get-Out-Of-Jail-Free” card for
corporations who, surprise, almost always come out on top. Hightower provides
background on the slow and insidious way that corporate America rigged the
system and left consumers virtually helpless when it comes to getting justice.
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