Monday, November 19, 2018
Home Authors Posts by kindler

kindler

199 POSTS 1293 COMMENTS

How the Media Drives the Tragedy of Trump: Pushing “Balance”, Losing Context

Cross-posted at Daily Kos "Freedom of opinion is a farce unless truth is respected." - Hannah Arendt The media’s trashing of Hillary Clinton for so many...

How the GOP’s Double Life Blew Up In Its Face

Cross-posted at Daily Kos For 60 years now, the Republican party has managed to hold together an unlikely coalition of the business elite with angry,...

The People Who Conditioned You to Hate Hillary, Part II: Citizens United

Cross-posted at Daily Kos Conditioned response is what caused Pavlov’s dog to drool.  The great Russian physiologist famously found that he could get his dog...

The People Who Taught You to Hate Hillary, Part I: Judicial Watch

Cross-posted at Daily Kos “Untrustworthy Hillary” is a media construct relentlessly pushed by people who gain politically from it.  Regardless of where you stand on...

Dominion Files Brief in Favor of EPA Clean Power Plan

Here at Blue Virginia, we never hesitate to blast Dominion, or the politicians they keep in their air-conditioned kennels, for all these folks do...

Time for Hillary’s Silent Majority to Speak Up

By Kindler  Cross-posted at Daily Kos Donald Trump has revived an old Nixonian term in claiming that his supporters constitute a “silent majority”.  Of course,...

How Trump Hacked the Media – And How We Can Hack His Hack

by Kindler  Often the winner of the game is not the most talented player but the one who truly masters the rules. For all the endless...

GOP: Party of Whiners

By Kindler Back in the day, Republicans aimed to be as macho as Clint Eastwood – from his “make my day” era, that is, not...
Car-Title-Loans-Choices.jpg

Want to motivate VA Dems to vote? Dump Dick “TitleMax” Saslaw as Leader.

Hey, I just thought of a great way for Virginia Democrats to motivate the base to turn out and vote for a Democratic Senate.  It occurred to me as I was listening to the first in a series of reports  by Michael Pope on WAMU radio on the rip-off artists known as "car-title lenders."

After discussing how one poor victim took out a loan for $2,600 and ended up paying a whopping $5,515, Pope then shifts to a staunch defender of the industry:

"It's not predatory," says Senate Democratic Leader Dick Saslaw, who has taken about $37,000 from TitleMax in the last decade. He says if people like Waverly didn't have access to businesses like TitleMax, they would find other ways to get the money.

"Well they borrow it on the street," he says. "Borrow $100 on Monday, pay back $200 on Friday, 10,000 percent APR. That's where they were borrowing money. And if they didn't pay it back they got the hell beat out of them and they still had to pay it back."

The report then cites the Center for Responsible Lending, which indicates no evidence of such a black market for loans, but reports that car-title lenders in 21 states are "costing borrowers about $3.6 billion each year in interest on $1.6 billion in loans."

In other words, Sen. Saslaw is doing here precisely what we see conservatives on Fox do every single day: make an utterly ridiculous argument, contrary to all known facts - but in concert with his donors' economic interests.  

Car-Title-Loans-Choices.jpg

Want to motivate VA Dems to vote? Dump Dick “TitleMax” Saslaw as Leader.

Hey, I just thought of a great way for Virginia Democrats to motivate the base to turn out and vote for a Democratic Senate.  It occurred to me as I was listening to the first in a series of reports  by Michael Pope on WAMU radio on the rip-off artists known as "car-title lenders."

After discussing how one poor victim took out a loan for $2,600 and ended up paying a whopping $5,515, Pope then shifts to a staunch defender of the industry:

"It's not predatory," says Senate Democratic Leader Dick Saslaw, who has taken about $37,000 from TitleMax in the last decade. He says if people like Waverly didn't have access to businesses like TitleMax, they would find other ways to get the money.

"Well they borrow it on the street," he says. "Borrow $100 on Monday, pay back $200 on Friday, 10,000 percent APR. That's where they were borrowing money. And if they didn't pay it back they got the hell beat out of them and they still had to pay it back."

The report then cites the Center for Responsible Lending, which indicates no evidence of such a black market for loans, but reports that car-title lenders in 21 states are "costing borrowers about $3.6 billion each year in interest on $1.6 billion in loans."

In other words, Sen. Saslaw is doing here precisely what we see conservatives on Fox do every single day: make an utterly ridiculous argument, contrary to all known facts - but in concert with his donors' economic interests.  

- Blue Virginia Sponsor -

Daily News Briefings