{"id":7402,"date":"2009-06-09T20:41:44","date_gmt":"2009-06-10T02:41:44","guid":{"rendered":"http:\/\/dangerousintersection.org\/?p=7402"},"modified":"2009-06-09T20:41:44","modified_gmt":"2009-06-10T02:41:44","slug":"democrats-not-the-party-for-economic-reform","status":"publish","type":"post","link":"https:\/\/dangerousintersection.org\/2009\/06\/09\/democrats-not-the-party-for-economic-reform\/","title":{"rendered":"Democrats: not the party for economic reform"},"content":{"rendered":"<p>In an article titled, &#8220;<a href=\"http:\/\/www.thenation.com\/doc\/20090622\/greider\" target=\"_blank\" rel=\"noopener\">The Trouble with Democrats<\/a>,&#8221; William Greider of <em>The Nation<\/em> documents the many ways in which the democrats lack the moral will to rein in predatory lending and enact real economic reform.\u00a0\u00a0 How about modestly adjusting the bankruptcy code to allow 1.5 million people to keep their houses?\u00a0 Forget it.\u00a0\u00a0 How about capping payday loans at 35%?\u00a0 No way.\u00a0\u00a0 You see, most Democrats are scared of payday lenders unless the interest cap is 390%.\u00a0 How about putting meaningful rate caps on credit cards?\u00a0 No way, because the financial services industry doesn&#8217;t <em>want <\/em>that.<\/p>\n<p>This article is a thoroughly disgusting review of Democrat spinelessness and a reminder about who pulls the strings in Washington.\u00a0 Hint:\u00a0 it&#8217;s not <em>The People<\/em>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In an article titled, &#8220;The Trouble with Democrats,&#8221; William Greider of The Nation documents the many ways in which the democrats lack the moral will to rein in predatory lending and enact real economic reform.   How about modestly adjusting the bankruptcy code to allow 1.5 million people to keep their houses?  Forget it.   How about capping payday loans at 35%?  No way.   You see, most Democrats are scared of payday lenders unless the interest cap is 390%.  How about putting meaningful rate caps on credit cards?  No way, because the financial services industry doesn&#8217;t want that. <\/p>\n<p>This article is a thoroughly disgusting review of Democrat spinelessness and a reminder about who pulls the strings in Washington.  Hint:  it&#8217;s not The People.<\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,9],"tags":[3672,4626,4127,1428,292,699],"class_list":["post-7402","post","type-post","status-publish","format-standard","hentry","category-economy","category-politics","tag-bankruptcy","tag-cap","tag-credit-card","tag-economics","tag-financial","tag-usury","entry"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/dangerousintersection.org\/wp-json\/wp\/v2\/posts\/7402","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dangerousintersection.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dangerousintersection.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dangerousintersection.org\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/dangerousintersection.org\/wp-json\/wp\/v2\/comments?post=7402"}],"version-history":[{"count":0,"href":"https:\/\/dangerousintersection.org\/wp-json\/wp\/v2\/posts\/7402\/revisions"}],"wp:attachment":[{"href":"https:\/\/dangerousintersection.org\/wp-json\/wp\/v2\/media?parent=7402"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dangerousintersection.org\/wp-json\/wp\/v2\/categories?post=7402"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dangerousintersection.org\/wp-json\/wp\/v2\/tags?post=7402"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}