A pandering demogogue
May 7, 2009 | Virginia, industry | Comments (0)That would be Terry McAuliffe, candidate for Virginia governor’s office. His first radio ad is revealed in today’s National Journal:
“Every day Virginia families struggle to make ends meet and sometimes they need a small loan to get by. But some loans come at too high [of] a price because legislation that was passed in Richmond in 2002 allowed predatory payday lenders to do business in Virginia,” says a female announcer in the ad. “For Terry McAuliffe the solution is simple. He is the only candidate for Governor who proposed doing the right thing – ban all predatory lending in Virginia.”
We invite Mr. McAuliffe or his campaign to respond and describe the alternatives he is proposing to provide short-term credit to working people.
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