If the recent economic meltdown has a bright spot, it is the possibility that smart regulation may return. There will always be those who will cheat if they can, putting both consumers and the market at risk. It cannot function properly without regulation to prevent cheating and ensure consumers are getting a fair deal. But without a private right of action and attorney fees, consumer protection regulations are nearly worthless. A “private right of action” means…
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Powerful People Want To Hear Your Arbitration Horror Stories
By 10.30.08
If you’ve been screwed by arbitration, our consumer and public interest friends in DC would like to hear your story for something special they’re cooking up. Arbitration agreements are clauses inside many contracts between companies and yourself that, in the event of a dispute, prohibit you from suing the company in a court of law. Instead, you have to take your case to a special arbitration firm. Arbitration bills itself as a speedy and fair way to resolve legal disputes, but it’s come under heavy fire recently for being heavily weighted in favor of companies. If you’ve gotten the short end of the stick, send your story to arbitration.stories@gmail.com.
Credit Blemished Over Imaginary Credit Card
By 10.30.08
The NES collection agency is coming after Nancy for a debt on an account number she’s never owned. She’s trying to beseech BoA billing for a resolution and to fix her credit history. That may be completely the wrong way to go about it. Here’s her story:
How A Nigerian Steals Your Laptop
By 10.30.08
Molly’s laptop was stolen, and the thief didn’t even break into her house, or snag it from her at a coffeeshop, or hold a knife to her neck in a darkened alley. No, her laptop was stolen via email. In fact, she mailed it to thief, in Africa. OMG, you’re probably saying to yourself right now with your hands up by your face, how could this be? Discover the horrifying true story, inside…
The Great Depression Diaries, Part 2
By 10.29.08
Aug. 5, 1931. I went to the fruit market house this evening. It was almost deserted. The farmers cannot sell their produce because men are not working and it has become fashionable for each family to have its own vegetable garden.
Faced With A Broken Health Care System, Some Doctors Are Opting-Out
By 10.28.08
A combination of rising costs and low insurance reimbursements is forcing some primary care physicians to opt-out of the insurance game completely — accepting a flat fee instead of private insurance or Medicare. For a $4,500 annual fee, patients who formerly used their insurance to pay for doctor’s visits can get 24-hour access to doctors, unhurried appointments, home visits and state-of-the-art annual physicals. Or they can find another doctor.
World Goverments Act To Try To Stem Financial Crisis
By 10.28.08
Governments around the world intervened early this week in their economies to try to hold back the financial slide. Here’s the latest of who’s doing what:
Telling An Orbitz Rep What A Blogger Is
By 10.28.08
There was an amusing little tangent in my conversation yesterday with an Orbitz rep when I went to change my ticket. Talking with her was the first time I’ve ever hinted to a telephone customer service rep that I write for The Consumerist.
