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Tue Mar 1, 2016, 04:06 PM

Why did DWS just co-sponsor the bill to help payday lenders?

After all, it really doesn't mean anything in terms of getting the bill passed. It's not like DWS's vote in the House is necessary - there's plenty of Republicans to advance the bill.

So why'd she do it? Because now Clinton will come out against the bill.

Clinton will trumpet this to try and claim she is not a pro-big-money, pro-establishment candidate. "See! I even oppose what the DNC chair is doing!!"

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Reply Why did DWS just co-sponsor the bill to help payday lenders? (Original post)
jeff47 Mar 2016 OP
Stand and Fight Mar 2016 #1
hobbit709 Mar 2016 #2
TheBlackAdder Mar 2016 #23
stonecutter357 Mar 2016 #3
arcane1 Mar 2016 #5
jeff47 Mar 2016 #11
R. Daneel Olivaw Mar 2016 #17
hifiguy Mar 2016 #21
stonecutter357 Mar 2016 #26
Kip Humphrey Mar 2016 #4
Trajan Mar 2016 #6
Kip Humphrey Mar 2016 #8
PonyUp Mar 2016 #7
arcane1 Mar 2016 #9
seaotter Mar 2016 #10
Sunlei Mar 2016 #12
jeff47 Mar 2016 #13
Sunlei Mar 2016 #14
jeff47 Mar 2016 #22
Sunlei Mar 2016 #24
AzDar Mar 2016 #15
EndElectoral Mar 2016 #16
Snotcicles Mar 2016 #18
Arazi Mar 2016 #19
hifiguy Mar 2016 #20
Mufaddal Mar 2016 #25

Response to jeff47 (Original post)


Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:11 PM

2. Because she is just like her friend. Will say or do anything to get money and power.

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Response to hobbit709 (Reply #2)

Tue Mar 1, 2016, 05:19 PM

23. Because mobbed-up loan sharks donate to sheriff campaigns, PDL's donate to politicians! nt

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:12 PM

3. payday lenders have saved my ass more than one time.

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Response to stonecutter357 (Reply #3)

Tue Mar 1, 2016, 04:17 PM

5. They also ripped you off. They can do one without doing the other, you know n/t

 

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Response to stonecutter357 (Reply #3)

Tue Mar 1, 2016, 04:24 PM

11. And guess what? They don't have to charge 300% interest to do so. (nt)

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Response to stonecutter357 (Reply #3)

Tue Mar 1, 2016, 04:45 PM

17. It must have felt good...

 

Dealing with a legalized loan shark.

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Response to stonecutter357 (Reply #3)

Tue Mar 1, 2016, 04:53 PM

21. You could get better rates from the Mob.

 

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Response to hifiguy (Reply #21)

Tue Mar 1, 2016, 08:10 PM

26. The MOB in ALABAMA?

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:13 PM

4. Ok... that's pretty cynical even for me! I'm thinking its more likely DWS is trolling for campaign

funds since she is being primaried. A good source of cash are payday lenders who only require a 135% quid pro quo!

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Response to Kip Humphrey (Reply #4)

Tue Mar 1, 2016, 04:20 PM

6. LOL ...

 

Not a bad deal, if you can get it!

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Response to Trajan (Reply #6)

Tue Mar 1, 2016, 04:24 PM

8. yeah, except for all of the carnage involved (which I doubt informs DWS!)

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:23 PM

7. Payday lenders using banks in other states are illegal here in NC.

 

In 2006, the North Carolina Department of Justice announced the state had negotiated agreements with all the payday lenders operating in the state. The state contended that the practice of funding payday loans through banks chartered in other states illegally circumvents North Carolina law. Under the terms of the agreement, the last three lenders will stop making new loans, will collect only principal on existing loans and will pay $700,000 to non-profit organizations for relief.

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Response to PonyUp (Reply #7)

Tue Mar 1, 2016, 04:24 PM

9. That's good to know! Nice to see NC looking out for its actual human "persons" n/t

 

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:24 PM

10. It was commanded by her corporate overlords.

 

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:25 PM

12. Do you have a bill number, link to the bill please?

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Response to Sunlei (Reply #12)

Tue Mar 1, 2016, 04:29 PM

13. Here ya go.

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Response to jeff47 (Reply #13)

Tue Mar 1, 2016, 04:31 PM

14. you find bills on official Gov pages, here you go.

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Response to Sunlei (Reply #14)

Tue Mar 1, 2016, 04:59 PM

22. So wait...you didn't need me to actually give you the link and could find it yourself?

Golly! What a surprise.

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Response to jeff47 (Reply #22)

Tue Mar 1, 2016, 05:29 PM

24. Not yet on any officials website. found it, looks ok to me. Here what don't you like about it?

https://www.congress.gov/114/bills/hr4018/BILLS-114hr4018ih.pdf
To amend the Truth in Lending Act to establish deferred presentment transaction requirements

You do realize a lot of states don't have any " requirements" for consumer protections from those loan sharks re their 'deferred presentment' repayment requirements?

Loan shark Corps hate to be regulated.

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:34 PM

15. Ayup.

 

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:41 PM

16. She has lost it. Hopefully, Obama would veto it if passed.

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:46 PM

18. Also, Isn't DWS's husband involved with those legal loan sharks? nt

 

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:47 PM

19. Jesus, another big fracture opens up between the DNC and the Sanders wing

Disgusting

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 04:52 PM

20. Because she's a bootlicking, craven, hypocritical toady for anyone

 

who waves the $$$$ around? To the point of campaigning for Repigs? :shrugL

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Response to jeff47 (Original post)

Tue Mar 1, 2016, 05:36 PM

25. This must be the third thread on this today

and the response from the HRC crew has been overwhelming:

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