Chamber of Commerce
Cry Wolf Quotes
We think most Americans don't want the federal government to be their personnel administrators.
You've got new taxes and new costs on employers and employees at a time when the economy is not doing well.
[The legislation to permit consumer class actions] “is only nominally an act ‘to extend protection against fraudulent or deceptive practices.’ It is more accurately an act to line the pockets of ingenious attorneys. If this bill passes, the lawyers will be in high cotton; their client consumers will be still hoeing the short row.
[L]egal costs alone of defending against class actions will impact disproportionately on small enterprises which rarely have the resources to employ the staff counsel uniformly found among larger companies.
Backgrounders & Briefs
As the nation approaches the first anniversary of the Dodd-Frank financial reform law, opponents are claiming that the new measure is extraordinarily damaging, especially to Main Street. But industry’s alarmist rhetoric bears striking resemblance to the last time it faced sweeping new safeguards: during the New Deal reforms. The parallels between the language used both then and now are detailed in a report released today by Public Citizen and the Cry Wolf Project.