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View Diary: Predatory Lending doesn't have to be Bankruptcy sequel (80 comments)

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  •  Welcome Congressman Miller (4.00)
    I'm still perusing the differences between the Ney-Kanjorski bill and yours.  As soon as I read them both, I'll be able to comment more effectively.

    That being said, I'm very glad to see you on dKos.  Knowing that our thoughts and feelings are being heard on Capitol Hill is wondrous in and of itself.  

    It gives me, at least, the sense that our elected officials really are still out there working for us.  Welcome to our sections of the Blogosphere.

    One-issue voters get what they deserve.

    by Heiuan on Fri May 06, 2005 at 01:27:36 PM PDT

    •  opposites (none)
      Ney-Kanjorski is almost the exact opposite of this bill- it would remove the ability of state's, like North Carolina (the state leading the charge against pred. lenders), from passing their own pred. lending laws.
      •  And this from the 'states rights' party? (none)
        The Repubs are shameless whores for big business/banking interests.  They've don't nothing for middle class me.

        After the bankruptcy bill, or as I prefer to call it, the indentured service act of 2005, I'm beginning to wonder if there will be a viable middle class left in 3 ½ years.  

        Add to this, oh never mind, I'm heading off topic and starting to hiss and spit.  

        Just one question.  How do you propose to get your bill out of the Repub controlled committee?

      •  Okay, finished reading. (none)
        Personal opinion, the negatives on the Ney-Kanjorski FAR outweigh any possible good it could do, which wouldn't be much.  Lots of rhetoric blowing hot air and no substantial protections.  

        Is it just me or is damned near every point in the N-K bill purposely opening up loopholes and get-arounds?

        I definitely prefer the Miller bill and am very glad that my Representative agrees with me.

        One-issue voters get what they deserve.

        by Heiuan on Sat May 07, 2005 at 07:10:45 AM PDT

        [ Parent ]

    •  NCLC breaks down Ney-Kanjorski (4.00)
      The National Consumer Law Center has a point by point breakdown of Ney-Kanjorski (PDF).

      And the Center for Responsible Lending has a great page looking at North Carolina's predatory lending laws.

      Way to go NC! Now let's make sure that Ney-Kanjorski doesn't preempt states like NC from protecting their citizens. (And let's get Kanjorski out of the gosh darned House. He represents one of the areas of PA with the highest default rates, and some of the worst predetory lending practices (as does Ney in OH). WTF?!?!?)

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