191–200 of 238 posts
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False or misleading commercial speech is not protected by the First Amendment.
Then super PACs are what again?
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>I'm getting real damn sick and tired of "what the big print gives, the spidery print takes away" I propose "the bigger the print, the stronger the statement". Therefore, if you make one claim in 24 point and then attempt to rescind or modify it in 8 point, the 24 is legally binding because it was larger and so nullified the smaller. This also means that if you want to place limitations (like 'one per customer' etc)…
I was thinking about this the other day looking at a billboard, talking about how Alive/Bob/Carol wasa winner! at the local casino, with a tiny 'play responsibly' box huddled in the corner. I don't have a strong opinion about gambling but I do care about externalities, and I was amused by the idea that some percentage of billboards (reflective of the incidence of problematic gambling) should feature Alive, Bob and Ca…
As far as I understand, many clauses will then be automatically invalid if they are too one-sided for the company. Also maximum durations of contracts are greatly restricted while certain standards for contract cancellation rights are enforced.
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Then super PACs are what again?
Political, not commercial. All politicians lie or are "economical with the truth". If you want to get the courts involved in judging political statements, especially in a country that has already politicised the courts to a greater extent than many other Western countries, then you're on a hiding to nothing.
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I'm glad you got that coaching, but I don't think that is very universal as a practice... My student loans were handed over with the usual fine-print paperweight. I had prior knowledge of how they worked, and fortunately never had to seek payment remediation, but that's just me being lucky. I want a system that mandates supportive care of the customer (who, in this case, is not a professional financial investor, but…
I was a kid then, and if I hadn't been given an explanation of how the loans worked, I would have looked it up. I was borrowing tens of thousands of dollars, and I wasn't about to screw that up. I always look up the terms of any loans I take, including student loans, car loans, credit cards, etc. Honestly, is that too much to expect?
> There is no expectation that the servicer will act in the interest of the consumer... Navient says its public statements encouraging borrowers to contact the company didn’t mean it would act in their best interest. So, pardon in advance for the vulgar language, but why the fuck is this OK? From any company? I'm getting real damn sick and tired of "what the big print gives, the spidery print takes away" and how we'r…
If you gave a rapist a week in jail, would that make him stop? If not, then why are we acting as if a $2 million fine is going to stop a company from doing further violations that help it make billions of dollars?
And all the settlements, which don't even ask the company to admit to any wrongdoing, are even more blood-boiling. It's almost like it pays to be on the side of corporations when you work for the government these days.
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Nah, just require them to disclose the odds for any games of chance. "Visit Golden Palace photo of a roulette wheel for a 46% chance of breaking even!"
Wouldn't help. Lottery tickets have the odds of winning printed right on them, and people still buy them.
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Political, not commercial. All politicians lie or are "economical with the truth". If you want to get the courts involved in judging political statements, especially in a country that has already politicised the courts to a greater extent than many other Western countries, then you're on a hiding to nothing.
But the money that funds PACs can come from commercial activities. If all a company has to do is create a PAC, and PACs don't need to be truthful, it seems to me commercial speech is protected.
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> So, pardon in advance for the vulgar language, but why the fuck is this OK? From any company? I dunno, why wouldn't it be okay? I interact with a lot of companies on a day-to-day basis; big ones (Facebook, Google), small ones (the corner shop I bought an energy drink at on my way to work), and everything in between. Offhand I'd say that none of them have a legal expectation to work in my best interest, nor would I…
Why can't we empower good institutions and disempower shitty ones, for the sake of humanity and the betterment of our species?
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> So, pardon in advance for the vulgar language, but why the fuck is this OK? From any company? I dunno, why wouldn't it be okay? I interact with a lot of companies on a day-to-day basis; big ones (Facebook, Google), small ones (the corner shop I bought an energy drink at on my way to work), and everything in between. Offhand I'd say that none of them have a legal expectation to work in my best interest, nor would I…
Why can't we empower good institutions and disempower shitty ones, for the sake of humanity and the betterment of our species?
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> So, pardon in advance for the vulgar language, but why the fuck is this OK? From any company? Because that's the default rule when it comes to arm's-length transactions in the economy? Unless there is a special relationship ( e.g. doctor-patient), everyone takes care of their end of the transaction. The government offers very generous loan repayment options for student borrowers. It's Navient's job to collect payme…
Okay, then... New rule: the primary loan provider for higher education in America - education that is argued in many circles as being a public good and benefit to society - shall be considered to be in a "special relationship" with the student borrower... Let people know what they're getting into. I don't see how this should be any different from the relationship a fiduciary has with his/her client. Can we make this…