To begin:

Price caps are totally and completely stupid – any and everywhere.

However, this obvious fact – is not germane to the point I am making today.

That being said….

How nauseatingly obvious is DC’s cronyism?

This nauseatingly obvious….

U.S. Senators Introduce Legislation to Cap Consumer Loans at 36%:

“‘Payday, car title, and other shady loan practices target Ohio’s military families, veterans, and vulnerable consumers with high-interest, predatory loans that are designed to trap them in a cycle of debt. Many Americans have to renew their loans so many times they end up paying more in fees than the amount they borrowed,’ said (Ohio Democrat) Senator (Sherrod) Brown.”

Not mentioned by any of the above fraudulent Senators?  The Big Banks. (more…)