This is another step in an endless process in pointing out the failures of our system. Any organization, corporation, program that so obfiscates its rules and regulations, terms of service, etc needs to simplify their materials, contracts, etc. and, if neccessary, needs the government to make that mandatory.
I have become cynical as I have seen how difficult tasks like completing forms, understand complex material like legal documents, etc, are so challenging that they, by nature, exploit the diminishing capacity of senior citizens. And corporations use this to gain financially.
We need laws to protect preditory and greedy corporations from exploiting the vulnerablities of old age. I have written about my experiences here about corporations such as Home Depot and Verizon and how difficult it is to do business with them, how they mislead everyone and especially seniors simply because seniors often lack the ability to understand terms and service especially written so they cannot be understood as often this results in corporations win....seniors lose....where have I heard this before?
We need laws to protect preditory and greedy corporations from exploiting the vulnerablities of old age. I have written about my experiences here about corporations such as Home Depot and Verizon and how difficult it is to do business with them, how they mislead everyone and especially seniors simply because seniors often lack the ability to understand terms and service especially written so they cannot be understood as often this results in corporations win....seniors lose....where have I heard this before?
I am not going to apologize for sticking it to greedy corporations who consider government penalties as the price of doing business while they triple their profits.
Be careful out there...the Ryan budget, Mitt Romney's taxes... this is a war on senior citizens too so lets stand with women, labor, the poor and middle class and defeat this...we are a generation that can defeat this anti-humanistic campaign simple by the sheer number of us.
Baby boomers...we can do this alone....a vote for the poor is a vote for yourself as certainly after retirement many of you will find yourself among the very people who need food stamps, medical coverage, etc. Yes, change is difficult but it is the one constant in life. The GOP vision of America is Anti-American.
Please pay attention in the months that follow and make an informed choice about the future, a future that holds your life in the balance.
Blessings,
Irene
Irene A. Masiello
Author of Paradise Costs-A Victim's Daughter Fights Back against Elder abuse
Afterword: Bennett Blum, MD, co-author of "suicide by cop"
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CFPB Seeks Information on Elder Financial Abuse, Financial Advisors for Seniors
The Consumer Financial Protection Bureau's Request for Information on Senior Financial Exploitation (RFI) is now in the Federal Register. The request seeks information on elder financial abuse and exploitation as well as certifications or designations of financial advisors who serve seniors. The Bureau is seeking as robust a response as possible. If you have regular membership calls or email communications (such as a listserv) and if you think it is appropriate to let your membership know about the RFI, please encourage comment submissions. There is a sixty (calendar) day window for responses. The last day for responses is August 17th.
Here is the link to the Request https://www.federalregister.gov/articles/2012/06/19/2012-14854/request-for-information-regarding-senior-financial-exploitation
Please share your story asap !
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