Skip to content

A Democratic hypocrite of Republican proportions

It is a sad fact of life that, while they are indeed masters of the art, the Republicans do not have a monopoly on hypocrisy. Consider Debbie Wasserman Schultz, one of the more loathsome Democrats out there:

Last week, Florida congresswoman and DNC chair Debbie Wasserman Schultz announced that she was signing on as an original cosponsor of the Stopping Abuse and Fraud in Electronic (SAFE) Lending Act, which would prohibit payday lenders from having access to borrowers’ bank accounts, close loopholes in the payday lending system and “ban lead generators and anonymous payday lending.” A partner bill has also been introduced in the Senate, featuring progressive co-sponsors Tammy Baldwin, Bernie Sanders and Elizabeth Warren, among others.

The bill is, by all accounts, a solid piece of legislation. Payday lending has recently found its way into the crosshairs of the Consumer Financial Protection Bureau, among other consumer protection organizations, as being an industry that takes advantage of borrowers by trapping them in a cycle of debt, turning initial loans of a few hundred dollars into four or five-figure debts. The SAFE Lending Act would curtail some of the industry’s worst abuses.

However, Wasserman Schultz’s co-sponsorship of the bill makes her a bit of an oddball. As Allied Progress and a collection of other advocacy organizations pointed out in a letter sent to her office yesterday, she remains a co-sponsor of H.R. 4018. Wasserman Schultz previously faced widespread criticism from the progressive community over that bill because it is specifically designed to both make it harder for the CFPB to regulate payday lending and to encourage states outside of Florida to adopt policies favorable to payday lenders. As the Huffington Post explained:

The misleadingly titled Consumer Protection and Choice Act would delay the CFPB’s payday lending rules by two years, and nullify its rules in any state with a payday lending law like the one adopted in Florida. The memo being passed around by Wasserman Schultz staffers describes the Florida state law as a “model” for consumer laws on payday loans, and says the CFPB should “adjust their payday lending rules to take into account actions Florida has already taken.”

via Americablog

This is the woman who heads up the DNC, and is channeling money into the campaigns of DINOs. The payday situation is only the latest of her sins. Listing them all would be impossible. Perhaps the most egregious is her co-operating with Republicans in Florida to gerrymander the state in their favor, all so she could preserve a comfortable district for herself.She is the current reason I won’t contribute to the DNC, inasmuch as so much of their money is devoted to beating progressive Democrats in primaries. She has a serious primary challenger, Tim Canova. Every patriot should donate to him.

Post a Comment

Your email is never published nor shared.