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Sunday, July 03, 2005

$150,000 buys Pay Loan Industry freedom from Regulation

From the Associated Press
"This year's Oregon House killed open hearings PayDay Loan interest regulation.Krieger and other Republicans are upset because a campaign-finance watchdog group released figures showing that payday lenders and other financial groups opposing the bill contributed nearly $150,000 last fall to legislative candidates -- most of it to Republicans."
"Among the top recipients of those campaign dollars were House Speaker Karen Minnis, who got $14,500, and House Majority Leader Wayne Scott, who got $11,000, said the Money in Politics Research Action Project."
Believe in the Freedom we celebrate on the Fourth of July? Call your Oregon House member and complain about this crime.


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