I don’t know if it’s that simple. We’ve been electing the lesser of two evils for a long time, which only serves to lower the bar for redeeming politicians.

We’re at a new low, but it wasn’t just because we lost an election in 2016. I’ll be voting for Biden, but his main qualification is that he isn’t Trump. That’s…

Fees on private suits rarely exceed 1/3 of the settlement amount. For larger settlements, it is usually a smaller percent. The same people that push this "lawyers take all the money" narrative and utter phrases like “tort reform” are usually in the pocket of big business, not the consumer.

^ This. I don’t know why the FTC cares if Equafax gets wiped out. There are 3 other credit reporting agencies (and many minor ones). Treat the corporation like poor individuals who owe money to Methodist Le Bonheur Healthcare get treated in court.

Liquidate Equifax. The value of its assets after liabilities is something like $2 billion. You could give 16 million people $125. Or you could give 140 million people (everyone who was hacked, regardless of claim) $15.

Protip:

Also, the functionally unregulated power of credit reporting agencies and their total lack of responsibility to the people they are judging is kinda a big problem! There are a ton of issues, morally, structurally, and practically, with this power being in the hands of private companies whose only responsibility is to…

Right? My identity’s been breached so many times, I get free credit monitoring from everyone!

Don’t worry, I’m sure we won’t be legislating this or really any other concerns thanks to McConnell.

Couldn’t drip some oil on some cotton balls to make the BigDog less noisy?