NY AG Tish James proves she only cares about her | Latest News

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NY AG Tish James proves she only cares about her – Latest News

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Progressives love screwing over the little man: Just have a look at state Attorney General Tish James’ newest “pro-consumer” transfer, the so-called “FAIR Business Practices Act.”

She’s pushing the Legislature to cross it within the identify of cracking down on junk charges, deed theft and different shady strikes — however what it primarily does is offer new shakedown alternatives for shady legal professionals.

Groups repping New York small companies are outraged at how it widens the principles round who is definitely allowed to sue, and for what.

It additionally radically expands the scope of what constitutes illegal business conduct within the Empire State from “deceptive” practices to “unfair” and “abusive” ones — classes with no actual definition.

That is: It replaces a clear, goal customary with a subjective one, and units the stage for any low-rent legal shark to gin up a lawsuit that the fitting jury would possibly buy.

Big firms can defend themselves towards frivolous fits of this type, however smaller firms can’t — and can seemingly offer money to settle. 

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Such lawsuits already price the US financial system a whole lot of billions a yr, in accordance with analysts; why on Earth would James need to drive up that determine?

Especially for the reason that invoice’s supposed level is to guard shoppers, who will finish up paying the elevated prices that the new legal regime will carry. 

In New York, per one latest evaluation, BS lawsuits already price companies some $88.6 billion a yr — and James desires to supercharge the extortion.

In different phrases, it’s “protection” we wouldn’t want on our worst enemy. 

But James has by no means been about really serving to the on a regular basis New Yorkers who put her in workplace. 

She’s all about enhancing her own political model (and throwing a bone to the Dem-backing trial bar whereas she’s at it).

The pursuits of the voters she allegedly represents be damned. 

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CWP (Crypto Work Pro)https://www.cryptoworkpro.net
Hi, I’m a passionate cryptocurrency enthusiast with 10 years of experience in the world of digital currencies. I’ve always been fascinated by blockchain technology and the potential of decentralized finance (DeFi) to reshape the financial landscape. I share insights, tips, and strategies to help others navigate the fast-paced world of crypto.

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