Madam Chair, I yield myself such time as I may consume. Madam Chair, they are not unconstitutional. The Supreme Court has explained that arbitration is usually cheaper and faster than litigation. It can have simpler procedural and evidentiary rules, normally minimizes hostility, and is less disruptive to ongoing and future business dealings amongst the parties. I think that is part of the issue here. I said this the other day in committee, and I am probably going to say it more than anybody wants to hear it, but hard cases make bad law. There are obviously issues. There are issues of court systems being abused and there are issues of arbitration being abused. But we have to remember that the vast majority of these cases fall into those normal contract disputes, employment disputes, business versus business disputes, or small dollar level consumer disputes. While you have a constitutional right to a jury trial in any State or Federal court, depending on your action, you do not have a constitutional right to be able to pay for that in a civil proceeding. The cost of these types of cases just will naturally prohibit them from being resolved in any way at all. Madam Chair, I reserve the balance of my time.
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