camelotgypsy

How Payday Lenders (Quietly) Donate to Campaigns

In Uncategorized on 2012/04/10 at 12:06

LINING THEIR OWN POCKETS WITH THE WORKING POOR’S MONEY WHILE DONATING TO CAMPAIGNS THAT AIM TO KEEP THE POOREST WORKERS POOR FOREVER.

Mitt Romney has made no secret of his disdain for the new Consumer Financial Protection Bureau. On Jan. 4, the day President Barack Obama went over the heads of the Senate and installed Richard Cordray as the agency’s director, Romney blasted the move as “Chicago-style politics at its worst” and denounced the CFPB as “perhaps the most powerful and unaccountable bureaucracy in the history of our nation.” Two weeks later payday lenders, who are now watched over by the consumer bureau, began lining up behind Romney.

Via www.businessweek.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: