Discover and read the best of Twitter Threads about #RipoffClause
Most recents (2)
New report from @EconomicPolicy and @PopDemoc: by 2024, more than 80% of private sector, non-union workers will be unable to sue their bosses due to forced arbitration clauses. #RipOffClause #EndForceAarbitration on.epi.org/2WMA5yb /1
That’s right: almost none of us will be able to take our employers to court. How did we get here? Corporations have been scheming for years to shield themselves from accountability when they violate the rights of workers and consumers. /2
In the late 1990’s, a coalition of Wall Street companies strategized to block class actions, one of the only tools working people have to challenge corporate abuses. nytimes.com/2015/11/01/bus… /3
THREAD:
If you’re not shaking with fury about the @SenateGOP’s vote to kill the #ForcedArbitration rule, let me tell you why you should be.
If you’re not shaking with fury about the @SenateGOP’s vote to kill the #ForcedArbitration rule, let me tell you why you should be.
1/ Forced arbitration is one of the most anti-consumer clauses you can find in a financial contract. It’s called #RipoffClause for a reason.
2/ Effectively, it means you sign away your right to sue that company, or join a class action, if they in some way injure or defraud you.
