Considering that those vultures target people living on the edge with interest rates that are at loan-shark rates, one has to wonder why Moore is siding with them. And considering the racial identity of Moore and the state Warner is from, you'd think that both would have an interest in making it harder for the banksters and the legalized loan sharks to target poor people and minorities.
But sadly, no. You have to wonder how much of the banksters'
For shame, guys. You have a lot of gall to be standing up for guys like these two future residents of a Federal Crossbar Hotel.
Almost all politicians are like this.
ReplyDeleteIt makes voting a real chore.
While I dislike limitations on businesses (after all, these folks "Victimized" by the lenders don't have to take out unsecured loans with a bad credit history, that they can't pay back ), if the law says that there are limits to the amount of fees and interest charged, then those limits should be followed, no matter who is doing the lending.
ReplyDeleteOr change the law....But don't slip around it.