March 11, 2005
Loan Shark Protection Act Passes
The new bankruptcy bill passed the Senate yesterday, ensuring hugely-profitable predatory lenders can continue their gluttonous ways with even higher profit margins. I usually support Republicans, but to be quite frank, the companies helped by this bill are often little more than legalized loan sharks.
I am very disappointed.
Update: Yes, I do note the irony of pimping Amazon's Visa while slamming credit card companies. Isn't irony wonderful?
Posted by Confederate Yankee at March 11, 2005 12:39 PM
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