ATM’s could become a lot more scarce because of abusive lawsuits

Bob Dorigo Jones Senior Fellow, The Center for America
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Today, I’m going to talk about a modern convenience we often take for granted…the ATM money machine.

Think about how many times you or your family has used an ATM this summer.  Maybe you’ve needed cash to pay for dinner during vacation or just to buy a snack at a local convenience store.  Whatever the reason, the 24-hour access we have to our cash makes our lives a lot easier.

Unfortunately, this kind of self-service banking could become a lot less convenient because of abusive lawsuits.

A Georgia lawyer is now suing banks saying, that they’re responsible for crimes that take place while someone is using an ATM machine.   He says banks should pay up if someone gets approached at an ATM, and he’s already forced a couple of court settlements that could lead to a tidal wave of lawsuits.

Let’s be fair, if this happens, banks may decide it’s just not worth the risk of being sued for putting ATMs where they’re convenient for us.  The economic impact would be devastating — and we really wouldn’t be any safer.  It’s happened with other products, and I’m concerned it could happen with ATMs, too.

Find out more.  Go to my website at BobDorigoJones.com.

Bob Dorigo Jones, who serves as Senior Fellow for the Foundation for Fair Civil Justice, is the author of the bestselling Remove Child Before Folding, The 101 Stupidest, Silliest and Wackiest Warning Labels Ever. He is the host of a new national radio/Internet commentary, “Let’s Be Fair.”