(BTW, someone needs to get the pro-immigrant flojo caucus members a copy of How to Donate Money to Politicians in Order to Advance Your Political Agenda for Dummies) .
WASHINGTON (AP) — The payday loan industry, threatened by Congress with extinction, has deployed well-connected lobbyists and hefty sums of campaign cash to key lawmakers to save itself.
The strategy has paid off.
Now a top Democrat who once tried to ban the practice is instead pushing to regulate it — a result, he says, of the industry’s lobbying clout.
The lawmaker, Rep. Luis Gutierrez, D-Ill., says his bill does have crucial protections for borrowers and represents the best deal he can manage in the face of the industry’s aggressive lobbying. Consumer groups are condemning the bill as a loophole-riddled gift to the industry.
We have been a bit distracted by some other happenings, and we totally forgot to post the great news about one of our most favorite congress-person’s and great leader of the Hispanic Caucus, Joe Baca, who has was the only Latino in Congress to make the Top Ten List in Esquire magazine!!!
The 10 Worst Members of Congress
The competition was staggering, and for every one on this list, there are five who could just as easily have stood in. Ladies and gentlemen, the very worst of the worst.
And I quote:
As chairman of the Congressional Hispanic Caucus, Baca steered CHC funds to the campaigns of his two sons. When Congresswoman Loretta Sanchez called him on it, he did the mature thing and called her a “whore.” Nice. So Baca’s corrupt and venal.
I was so busy watching Primer Infarto on Univision, that I almost totally forgot not to watch Lou Dobbs and find out that apparently the Hispanic Caucus has launched a real serious and menacing initiative against him and the first step was to tell a British paper about this bold new effort.
After their requests for a meeting with the chief executive of CNN’s parent company were rebuffed, Latino members of Congress condemned the TV network for failing to recognise the “potentially dangerous” consequences of Dobbs’s “divisive commentary”.
So I was scanning through this article and came upon this most hilarious paragraph: