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Political Dog 101

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Major Trump donor’s company got a 3 percent government-backed pandemic loan. It sells title loans at a 350 percent annual rate.

November 23, 2020 By jamesb

From The Washington Post.... A company owned by a major donor to President Trump that operates auto-title loan stores with names such as LoanStar and Moneymax secured a $25 million low-interest loan from a government pandemic aid program, using what consumer advocates … [Read more...] about Major Trump donor’s company got a 3 percent government-backed pandemic loan. It sells title loans at a 350 percent annual rate.

Filed Under: Government, Law, Other Things, Politics, the Economy Tagged With: economy, Interest rate gauging, loans, Politics, Trump supporters, Wellshire Financial Services

Almost a decade after the last financial collapse ?…Republicans are getting rid of the system’s safety’s….

October 20, 2018 By jamesb

While most people do not remember how scary things were .... Some of us do.... A LOT of safety measures were enacted to make sure the country and the world doesn't experience what the economy went thru during 2008/2009.... Some worry that quietly Republicans in Congress … [Read more...] about Almost a decade after the last financial collapse ?…Republicans are getting rid of the system’s safety’s….

Filed Under: Government, Law, Politics, the Economy Tagged With: 2008/2009 Financial collapse, Borrowing, CLO/collateralized loan obligations, Congress, Fed Reserve, Law, loans, Politics, Republicans, Risk, The economy, Trump

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Recent Comments

  • jamesb on Trump’s Efforts to Bend America…Open Thread for May 26, 2025….: “I got through the first 1/3rd of the Romney book and then skipped through the rest…. A very interesting man,…” Jun 18, 17:12
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