Friday, August 9, 2013

Republicans beholden to title loan sharks

LoanMax, the car title loan outfit with dozens of stores across the Commonwealth, is banking heavily on a GOP win in November.

Right after the Republican Convention nominated Ken Cuccinelli, E. W. Jackson, and Mark Obenshain, Select Management Resources LLC, operator of LoanMax outlets, took the trio barnstorming across the state. Wonder why didn't they use some of the cars they've repossessed? The trip, which was by air, lasted three days and took the candidates to various cites on a "meet the voters" tour. Bet there were few customers of LoanMax in those audiences!

Such a trip isn't cheap and that is probably a good indication that LoanMax wants even less oversight than the little they currently have in the Commonwealth. The payday and title loan business model typically preys on the uninformed and those in need to lock them in a cycle of high interest and unreasonable fees. So much better if nobody is watching the henhouse!

According to the Virginia Public Access Project Cuccinelli and Obenshain reported in-kind donations of $9,000 for the trip. However, Jackson, the lieutenant governor candidate, reported nothing. It isn't the first time Jackson has neglected to report contributors. And, he has previously been fined by the State Board of Elections for failing to make timely reports.

So, we have a GOP ticket with cozy ties to a predatory industry that takes advantage of Virginia residents. That's enough chicken litter to sink most campaigns but read on.... 

Ken Cuccinelli's ethics continue under intense scrutiny for the thousands of dollars in gifts he received (many unreported until he was called on it) from Governor McDonnell's friend Jonnie Williams.

And in Rev. Jackson we have a candidate who plays fast and loose with money and the truth. Wonder who counts the cash in his offering plate?

You'd have to be a dumb cluck to support this ticket!

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