Political Quotes

“I thank the chairman for yielding. Madam Speaker, I rise as someone who in my past life defended corporations and entities that often had mandatory arbitration clauses in their contracts. As such, I am uniquely qualified to address the myths that have been perpetuated about the FAIR Act. By the way, ``myths'' is a polite term for ``lies.'' One has to consider that if we believe these claims that forced arbitration is cheaper, fairer, and faster, then surely workers and consumers would voluntarily choose it. So, there is no harm in restoring Americans' freedom to choose for themselves how to seek justice. First myth: The FAIR Act eliminates arbitration entirely, and no one will choose arbitration if it is voluntary. Fact: The FAIR Act doesn't eliminate arbitration, as has been said over and over here today. It just prohibits forced arbitration and allows both parties to choose arbitration voluntarily after a worker's rights or a consumer's rights have been violated. If forced arbitration were instead voluntary, the private market would incentivize arbitration providers to treat both parties fairly and equally so that both parties would choose that process because they would feel like they are getting an equal opportunity at justice. Second myth: Consumers and workers are more likely to win and get higher awards in forced arbitration than in court. Fact: This is a lie.…”