redneckgaijin: (exasperation mortality gaming)
[personal profile] redneckgaijin
An example of how blatant conflict of interest is REWARDED...

... and, more to the point, how Democrats and Republicans are united in supporting the wealthy instead of providing an equal playing field in the market.

Skim down to the quoted section at the bottom. 42 Democrats, 29 Republicans on the House panel creating the proposed financial consumer protection agency.

A Republican proposes a special amendment exempting car dealerships (who sell loans to car buyers) from the new agency's purview.

The amendment PASSES.

47-21.

18 of 42 Democrats (at minimum) voted AGAINST holding used car salesmen accountable for cruddy car loans. It might be as many as 20- there were two either absent or not voting.

Worse, a lot of the Democratic LEADERSHIP changed their votes from no to yes after speaking out against the amendment.

Put not your trust in Democrats; you will be betrayed.
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