Obama’s Treasury secretary labelled predatory lender; ‘monetizing poor people’

longknife

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Sep 21, 2012
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Another huge story buried by the media. An Obama official heading up a predatory lender that scams millions from poor Americans. Take a look at this:

Speaking to the Post, a man named Stephen Huggins said he randomly received a check in the mail for $1,200. When he read it closely, he saw that the interest rate would be 33 percent. He said he put it aside and didn’t plan to use it, until his truck broke down and he needed to ensure his family had reliable transportation.

One year later, he owes $3,221.27.

You think they’re helping you out — and what they’re doing is they’re sinking you further down,” said Huggins. “They’re actually digging the hole deeper and pushing you further down.”

How many here have been sucked into this? I have but how and why is another story.

Ex-Treasury Secretary Tim Geithner is the subject of this story @ Obama’s Treasury secretary labelled predatory lender; ‘monetizing poor people’ | | Media Equalizer
 

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