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Saturday, July 17, 2010

 

Shysters

To be fair, and as a quote in the New York Times article that inspired this post points out, "not all [car] dealers are shysters."

Those that are, however, can continue their shysterism unimpeded thanks largely to Republican Senator Sam Brownback of Kansas.

As the Times reports:

"Sometime next week, President Obama will finally sign a financial reform bill.
Plenty of banks will have to deal with messy new rules, but one big winner in
the 'spare me from further regulation' sweepstakes was auto dealers.

Mr. Obama wanted the new consumer financial protection agency to oversee dealers and the loans they arrange for consumers. So did many consumer groups and military organizations, because crooked dealers have taken advantage of many young soldiers.

But the dealers prevailed, winning exemption from oversight by the new agency, in part through the efforts of Senator Sam Brownback, Republican of Kansas."

No one should be surprised that a Republican senator acted to protect a moneyed special interest like car dealers. What should be asked of Republicans, though, is why people who constantly pound on their chests and wrap themselves in the mantle of support for American troops are so unwilling to protect them from an enemy at home.

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