Contradictions
September 15, 2009 | alternatives, federal legislation, industry | Comments (0)Leave us along…go after other lenders, says an Illinois banking official. From the story:
The IBA is on record as being against two federal proposals being considered, one of which would create a national consumer-protection division with oversight of the 16,000 U.S. lending institutions.
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She said the most effective legislation would reign in payday loan, mortgage and finance companies, not saddle banks with more regulation.
The late Senator Russell Long use do to say this about taxes…”Don’t tax you, don’t tax me, tax the fella behind the tree.”
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