Sunday, October 24, 2010

Big Guys and Little Old Ladies

I have long been fascinated about the different thought processes that seem to be used by conservatives and liberals in the United States.  Setting aside the classical definitions of liberalism and conservatism, it is fascinating to compare the distinctive ways these two groups think about different issues.  It occurred to me that I may have found another distinction:  Conservatives seem to be more upset about individuals cheating businesses than businesses cheating individuals.  Here is a case in point:  Remember the little old lady who pulled into a McDonald's drive-thru, spilled coffee in her lap and sued successfully for 2.7 million dollars?  This case had the average conservative boiling under the collar (no pun intended...seriously) as an example of our overly litigious society run amok.  While I haven't conducted any scientific surveys; I can only imagine the average liberal saying "you go girl!", and passing over the idea that this case was clearly frivolous on its face.  While this case was an example of an individual sticking it to a multinational corporation; I never seem to hear the same righteous indignation coming from conservatives about corporations sticking it to the individual.  Our financial institutions, particularly the credit card companies, have become so predatory in their behavior toward consumers that the government was forced to pass the Dodd-Frank Wall Street Reform and Consumer Protection Act , which created the Consumer Financial Protection Bureau.  Needless to say, the Republican Party fought this legislation tooth and nail to the very end.  The conventional wisdom of the conservative mind is that a contract is a contract, and no consumer is ever forced to sign a contract.  Fair enough, except for the fact that when a credit card company throws your payment into a trash dumpster so that you will be hit with a late charge; that's not contractual, that's fraud.  This brings to mind that old saying that "what is good for business is good for America."  Is it really?