Right now companies are legally using your own signature against you. Sounds crazy, but it is true. Whether you’re buying a new home, taking a new job, or signing up for a credit card, you are potentially giving up your Constitutional rights.
Open a bank account ... sign away your rights!
Getting a cell phone ... sign away your rights!
Signing up for cable and internet ... sign away your rights!
How about putting your grandmother into a nursing home ... you guessed it, you’re signing your and her rights away!
People Over Profits has a great way to tell Congress to take action on this issue! Go to www.peopleoverprofits.org/afahearing
Mandatory Binding Arbitration prevents defrauded or wronged consumers from taking their cases to court. Instead, their cases are decided by arbitrators who are not bound by laws that ensure consumers get a fair shake. Their cases are never heard by a judge or jury and the arbitrator’s decision is virtually impossible to appeal.
Corporations get you to sign away your rights and then turn around to use that signature against you when something goes wrong. How do they do it? With Binding Mandatory Arbitration Clauses that are buried in the fine print of many consumer contracts.
Each day more home buyers, credit card users, insurance holders, and car buyers are forced to give up their constitutional right to have their case heard by a jury of their peers. So when powerful business interests take advantage of them, they are left with no recourse or remedy to recover their losses.
More Americans are realizing the dangers of BMA clauses because Binding Mandatory Arbitration is more costly, more time consuming, and simply unfair to average Americans.
Now we have to educate Congress so that they pass the Arbitration Fairness Act.
The good news is we are beginning to get the attention of some in Congress, but there is a lot of work left. We have to wake up Washington so that they pass the Arbitration Fairness Act – the bill which will ban BMA clauses in consumer contracts for good!
Congresswoman Linda Sanchez will hold a hearing about Binding Mandatory Arbitration tomorrow Thursday October 25, and we need you to let Congress know that they must take action.
Don’t get stuck the next time you apply for a credit card, buy a car, or sign a contract for a new home. Don’t let big corporations push you around!
Contact Your Senators and Representatives and Tell Them To Cosponsor AFA2007