March 30, 2009
In advance of hearings in the House this week (scroll
down), our adversaries are working hard and smart. In
particular, they do not like
Representative Gutierrez's national payday loan bill.
See what they say
here. He is getting attention from groups he
may not have expected in Washington (click here
for more on the Representative
Gutierrez
or
click here for the bill).
They want
Durbin's bill along with the 36% rate cap. The
alliance against our industry, which includes ACORN,
is noteworthy!
There is something else that is noteworthy. Notice
how the consumer groups have thrown away their
differences and are now cooperating fully among
themselves as a group? They are solely focused on
our demise. They are also working together as a
cohesive, single entity representing a large group of constitutes (voters). That's a smart idea.
Do you think they may be communicating and coordinating
their efforts among themselves? That's another
smart idea. Perhaps we can learn.
ACORN & OTHER GROUPS WANT
DURBIN'S BILL
ACORN and other consumer
groups do not like the Gutierrez Bill -- at all.
Click on this image to read the letter to
Congress urging them to vote against the Gutierrez bill.
Just in case you do not know about ACORN, visit the
links below:
ACORN & Obama
ACORN Receives Government Funding
ACORN, Obama & Housing Crises
How Radical Is ACORN
CRL
plans an event
at our CapitAl
Interesting. They get free coffee, too.
HOUSE WILL HOLD PAYDAY LOAN
HEARINGS ON THURSDAY, APRIL 2, 2009
The House Subcommittee On Financial Institutions &
Consumer Credit will hold hearings on H.R. 1214 --
The Payday Loan Reform Act of 2009. Go
here for more information on the bill. The
hearing will be televised on CSPAN and can be viewed
from your computer by
going here at 1:30 PM/2:30 PM (CDT/EDT) this
Thursday, April 2nd.
www.CouncilForFairLending.com