566: Jack Gillis Consumer Federation of America, COVID-19 Scams

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Manage episode 271193047 series 2615
By Jason Hartman, Jason Hartman talks to Joe the Plumber, Janice Dean, Bernard Kerik, Senator Byron Dorgan, Daniel Flynn, Susan Crawford, Navy SEAL Team Six, G. Edward Griffin, Craig Hulet, Gerald Celente, Matthew Stein, Steven Greenhut, Charles Goyette, John Perkins, Catherine Austin Fitts, John R. Lott, Joel Skousen, James Wesley Rawles, Dr. Peter Breggin, Jerome Corsi, and Wayne Allyn Root. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

What are consumer advocates doing right now? Jason Hartman talks with the executive director of Consumer Federation of America, Jack Gillis, about where his focus is right now. With COVID-19 playing such a large role in every aspect of business, it's no wonder that there have been a large number of related scams introduced in 2020. As well, Jack and Jason talk about the less obviously affected industries from COVID-19 associated problems, like the automotive industry and it's struggles due to the lack of car accidents. Finally, these two discuss possible solutions for media concentration and the issues with big tech's ever-growing power and influence.

Key Takeaways:

[3:25] What is the state in consumer advocacy in the world today?

[7:15] COVID-19 has provided ample opportunity for scammers.

[11:00] Jack discusses the importance of credit rating and how COVID forbearances should not have a negative impact on them.

[15:15] There is no fundamental responsibility for investment advisors or financial advisors to operate as true fiduciaries.

[16:45] A debate for the ages, do regulations make it impossible for startups to compete with companies that have solid footing?

[19:25] The accident rate for automobiles has gone down exponentially, which in turn is causing a negative side effect on the automotive industry.

[23:45] Is there a solution for media concentration?

[25:40] The big tech has become too big.

Websites:

www.consumerfed.org

www.JasonHartman.com

1-800-HARTMAN

533 episodes