As many of you know, I am no friend of the payday lending industry. I am happy to hear that payday lending is an issue in this race. From what I have read about Michael Nowakowski, he takes the issue pretty seriously. Here is some information from his website...
“As a member of City Council, I will fight to regulate payday loan centers and support measures that will restrict their proximity to residential neighborhoods. Moreover, I will support efforts at the state level to establish reasonable limits of interest rates and other regulations that address current predatory practices. Reforms that have been vigorously opposed by lobbyists for the payday loan industry.”
Follow through is always a problem in politics, but at least we are starting in the right place. His campaign is questioning Laura Pastor's bonafides on the issue Here and Here. I would suggest that everyone take this with the requisite grain of salt, but if it is true, it is troubling. I searched her campaign site, but could not find any information about her stand on payday lending.
I wonder what the Pastor Campaign's response is to the accusations? (Psst: ademlament@gmail.com )
3 comments:
Twenty bucks they don't respond.
well at the district 7 debate last nite they responded..nowakowski was embarassed because he knew his mud slinging was complete bullshit.
and did you see this story?
http://www.laurapastor2007.com/News/article.aspx?id=2007051001
The democratic party loaned Michael palm pilots 4 his "team"...im going to the democratic office and giving them a piece of my mind...(though the story broke months ago, i just got wind of it lol)
I believe the party when they say it was a mixup. Pastor is the establishment candidate with the support of the mayor after all (who is also using the palm pilots, even though he is still in the primary). If the party is going to provide a service to any campaign, they should make the same offer to all.
What is the story about the payday lenders? Was it something taken out of context? Inquiring minds want to know...
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