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Four Ohio Senators Voted Against Payday Lending Reform - Guess Which Party?
Submitted by Jeff on Thu, 05/15/2008 - 2:40pm.
I join Bonobo in celebrating Senate passage of the payday lending bill that caps interest at 28%. Here are the four GOP Ohio Senators, beholden to their special interest backers to the end, who voted against:
Steve Buehrer (R-Delta)
Larry Mumper (R-Marion)
Robert Schuler (R-Sycamore Twp)
Bill Seitz (R-Cincinnati)
Interesting that Steve Stivers (R-Upper Arlington) changed his stripes on this issue now that he is locked in a tight battle with Mary Jo Kilroy (D-Columbus) for an open congressional seat. None of these others are running for office in 2006 except Seitz, who faces a political novice in attorney Dan McCarthy (D-Cincinnati). Mumper and Schuler are term-limited, and Buehrer is safe until 2010.
I wonder how much money these four anti-consumer stalwarts have received from payday lenders?
Ah yes, so much to celebrate...
"I join Bonobo in celebrating Senate passage of the payday lending bill that caps interest at 28%."
Ah yes, so much to celebrate: fewer options for consumers, more bounced checks, and another consensual crime on the books.
"...these four anti-consumer stalwarts..."
So , those of us who believe that consumers are smart enough to make their own financial decisions are "anti-consumer" now.