Sunday, May 4, 2008

Corrupt Politicians Excuses

This is classic. South Carolina is moving to regulate payday lenders. Many of the State Senators involved are lawyers participating in a class action lawsuit against payday lenders. They claim there is no conflict!! See this for more. Key quote from the article is: "Hawkins and the other legislators representing former payday borrowers say there is no conflict of interest. They said their role as lawyers is to repair past damages by specific lenders, while their role as legislators is to consider new laws to solve future problems."

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