Banking laws for sale
Most American citizens believe that voters elect our state and federal legislators. They would be wrong. Elections are rigged by the massive amounts of money that fund them, and legislators are bought and sold in accordance with their campaign fund contributors. This money does not come from you or me. We could never hope to contribute enough to sway an election, we just don’t have enough to compete. The money comes from corporations. How do I know (besides from the minimal reports politicians must file)? I know from the end result, from the laws that result.
Imagine yourself a working mother or father. You work hard everyday. You earn your paycheck, and like nearly everyone, it is spent when you get it. If you are a poor family, maybe your optional luxuries include pizza out one night. If your family is a little better off, maybe it means a real dinner out. Then a little ‘hitch’ arises. The electric bill comes in, and because it has been so hot, it is more than anticipated. Or maybe the car needs new brakes. Or maybe, heaven help you, someone gets really ill and you have bad or no health insurance.
So you borrow money. You go to the payday lender down the street. You know the kind, they are popping up all over the place. Despite this kind of lending being legal (or thought up) only for the past couple of years, there are already more payday lending stores in this country …
