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by givinguflac 2858 days ago
The consumer protection agency in the US was making great strides in pushing back against many bad players, including predatory lenders. Then the republicans gutted and defunded it, ending many investigations and siding with the scum feeding off the poor.
2 comments

Classic strategy, by the way. Defund, then point to it and say "see, it doesn't work!"
And then jump on board? I always knew Timmy was just like Robin Hood... only different.

https://www.cbsnews.com/news/private-equity-firms-are-the-ne...

Note to self: one flavor of Kool Aid is good, the other flavor is bad.