{"id":9816,"date":"2016-03-25T16:27:03","date_gmt":"2016-03-25T21:27:03","guid":{"rendered":"http:\/\/thewei.com\/kimi\/?p=9816"},"modified":"2016-03-25T16:27:54","modified_gmt":"2016-03-25T21:27:54","slug":"hillarys-bffs-wasserman-schultz-rahm-emanuel-united-in-persecuting-the-working-poor","status":"publish","type":"post","link":"https:\/\/thewei.com\/kimi\/hillarys-bffs-wasserman-schultz-rahm-emanuel-united-in-persecuting-the-working-poor\/","title":{"rendered":"Hillary’s BFFs Wasserman-Schultz & Rahm Emanuel: called out by Moyers for persecuting the working poor"},"content":{"rendered":"

\"Bill
Source: Talking Points Memo<\/figcaption><\/figure>Rep. Excerpt from the 24 March 2016 article by Bill Moyers and Michael Winship on TPM.com on the united intentionality of Wasserman Schultz, Rahm Emanuel and both Clintons to both shift the Dem Party away from representing working folk and also persecute the working poor<\/a>:<\/p>\n

Debbie Wasserman Schultz … embodies the tactics that have eroded the ability of Democrats to once again be the party of the working class. As Democratic National Committee chair she has opened the floodgates for Big Money, brought lobbyists into the inner circle and oiled all the moving parts of the revolving door that twirls between government service and cushy jobs in the world of corporate influence.<\/p>\n

She has played games with the party\u2019s voter database, been accused of restricting the number of Democratic candidate debates and scheduling them at odd days and times to favor Hillary Clinton, and recently told CNN\u2019s Jake Tapper that super delegates \u2014 strongly establishment and pro-Clinton \u2014 are necessary at the party\u2019s convention so deserving incumbent officials and party leaders don\u2019t have to run for delegate slots \u201cagainst grassroots activists.\u201d Let that sink in, but hold your nose against the aroma of entitlement.<\/p>\n

But here\u2019s just about the worst of it. Rep. Wasserman Schultz \u2014 the people\u2019s representative, right? \u2014 has aligned herself with corporate interests out to weaken the Consumer Financial Protection Bureau\u2019s effort to create national standards for the payday-lending industry, a business that in particular targets the poor. Payday loans, as Yuka Hayashi writes at The Wall Street Journal, \u201care quick credits of a few hundred dollars, with effective annual interest rates ranging between 300% and 500%. Loans are due in a lump sum on the borrower\u2019s next payday, a structure that often sends people into cycles of debt by forcing them to take out new loans to repay the old ones.\u201d<\/p>\n

According to the nonpartisan Americans for Financial Reform, this tail-chasing cycle of \u201cturned\u201d loans to pay off previous loans makes up about 76 percent of the payday loan business. The Pew Charitable Trust found that in Wasserman Schultz\u2019s home state, the average payday loan customer takes out nine such loans a year, which usually has them mired in debt for about half a year.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

Rep. Excerpt from the 24 March 2016 article by Bill Moyers and Michael Winship on TPM.com on the united intentionality of Wasserman Schultz, Rahm Emanuel and both Clintons to both shift the Dem Party away from representing working folk and also persecute the working poor: Debbie Wasserman Schultz … embodies the tactics that have eroded … <\/p>\n

Continue reading “Hillary’s BFFs Wasserman-Schultz & Rahm Emanuel: called out by Moyers for persecuting the working poor”<\/span><\/a><\/p>\n","protected":false},"author":28,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1,5,2019,563,564,160,1192,565],"tags":[1177,2339,100,2340,2338,2341],"class_list":["post-9816","post","type-post","status-publish","format-standard","hentry","category-all","category-government-trade","category-jobs","category-justice","category-money-economy","category-news-truths","category-politics-2","category-rich-v-poor","tag-cfpb","tag-emanuel","tag-hillary","tag-payday","tag-wasserman-schultz","tag-working-class"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/posts\/9816","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/comments?post=9816"}],"version-history":[{"count":5,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/posts\/9816\/revisions"}],"predecessor-version":[{"id":9823,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/posts\/9816\/revisions\/9823"}],"wp:attachment":[{"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/media?parent=9816"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/categories?post=9816"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thewei.com\/kimi\/wp-json\/wp\/v2\/tags?post=9816"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}