MONT ALTO, Pa. - Consumers have much to fear from large corporations, Ralph Nader, the nation's leading consumer advocate, told nearly 250 Penn State Mont Alto students Thursday.
Citizens, Nader said, are losing control of their money to corporations through the new electronic commerce systems and debit cards. "They threaten to hurt your credit rating and even charge you for paying on time," he said.
Some companies make customers pay a surcharge if they pay off their account early, he said.
Corporations, through contributions to politicians, control pollution legislation, he said. Huge campaign contributions by corporations make citizens' votes meaningless, he said.
"That kind of money makes politicians forget their promises. They have no time for you unless you are a contributor. If you're lucky you get to see a staff person. The only time you see your politician is when they visit your community to glad-hand or cut a ribbon," he said.