Thursday, January 24, 2008
WSJ Op-ed article by Clinton and Schwarzenegger.
Writing in the Wall Street Journal today, former President Bill Clinton and California Gov. Arnold Schwarzenegger (R) advocate "helping the 'unbanked' enter the financial mainstream by opening checking and savings accounts." Americans spend $8 billion annually "at check-cashing outlets, payday lenders and pawnshops on basic financial services" that most can get from checking accounts.
Subscribe to:
Post Comments (Atom)
2 comments:
Wow, Ahnold got one right. That's what, one right out of thousands?
Those payday places are nothing but legalized loan sharks who rip off the poorest of the poor who can least afford it.
Don't get too excited Mr. Kitty about Arnold. Arnold is kissing up to the Dems because he knows who will be in the WH. He is just postioning himself for a poltical postion after his gig as governor.
Post a Comment