Tuesday, October 13, 2009

Lacy Clay & Payday Loans

Hmmm. I have been doing some more digging into public records and have been finding some very interesting stuff. While investigating Lacy Clay and his links to rent to own facilities I stumbled across something very interesting. He gets a lot of donations from payday loan and easy finance operations.

The reason I bring this up is because Lacy is the co-sponsor of H.R. 1214, The Payday Loan Reform Act. So why would Lacy Clay receive and accept several campaign donations from companies that his bill would hurt.

To quote the bard, "Something Is Rotten in the State of Denmark" or in this case Washington DC/St. Louis.

I'll keep digging into it and update this post.

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