Guess who else faces forced arbitration agreements buried in service contracts? Families who place their loved ones in nursing homes, that's who. And because you're likely at the end of your rope when you place a loved one in a nursing home, the corporations running nursing homes will often stick you with a forced arbitration agreement depriving you of your rightful day in court your loved one gets neglected, injured, abused, or even killed. Oh, and the corporation picks the arbitrator, and they're not likely to pick one who'll rule against them all the time. Corporations typically don't abandon forced arbitration agreements unless one of two things happen: a) our government makes them; or b) something so terrible happens, and the arbitrator handling the matter handles it so badly, that forced arbitration agreements become toxic. Do we really want to wait until someone gets hurt or killed for that to happen? Public Citizen helps you tell the Center for Medicare and Medicaid Services (the government entity that runs Medicare and Medicaid) to ban forced arbitration clauses in nursing home contracts.
Meanwhile, if you've missed previous opportunities to tell your Congressfolk to support H.R. 3065/S. 1779, the Financial Services Conflict of Interest Act, then CREDO still helps you do that. What would the Financial Services Conflict of Interest Act do? It would slow the "revolving door" between the big Wall Street banksters and our government, by banning the bankster practice of handing out "golden parachutes" to executives who leave to work as regulators in our government. Surely serving the American people doesn't require all that extra incentive -- and surely all that extra incentive might prejudice a future regulator in a certain way. The bill would also extend the wait for federal employees to join lobbying firms from one year to two, and would mandate that regulators recuse themselves from matters concerning their former employers. Personal to those who insist that only banksters should be regulators because only banksters understand banking: not only do plenty of people in academics also understand banking, but the system is only opaque because the banksters want it that way. How about we not make that problem worse?