.
“Wells Fargo (WFC)has been accused by federal regulators of illegal activity on a stunning level. Authorities say employees at the bank secretly created millions of unauthorized bank and credit card accounts between 2011 and July 2015, allowing the bank to make more money in fees and meet internal sales targets.”
Did you read the obscene words in the above paragraph? The words are only obscene to right-wingers, those words are: “federal regulators”. Yes, conservatives despise regulations, and applaud every Republican effort to eliminate laws that protect average Americans from corruption like that of Wells-Fargo.
Why do righties hate government passing laws that protect average Americans, because Reagan told them they must. Of course, the right wing reasoning on any issue is complete idiocy, but it is true, that they will dutifully defend all corporations' right to screw average Americans in any way possible.
But when their defense comes back to bite them in the butt, they then blame the Democrats that passed the laws that protected their retirement accounts, their homes, their jobs, etc. This always happens when Republican deregulation destroys them financially.
It is inevitable that the righties will blame Obama and the Democrats for the actions of Wells-Fargo’s crooked management, and decry the $185 million in penalties levied by the feds on that poor, abused corporation.
Workers tell Wells Fargo horror stories
.
“Wells Fargo (WFC)has been accused by federal regulators of illegal activity on a stunning level. Authorities say employees at the bank secretly created millions of unauthorized bank and credit card accounts between 2011 and July 2015, allowing the bank to make more money in fees and meet internal sales targets.”
Did you read the obscene words in the above paragraph? The words are only obscene to right-wingers, those words are: “federal regulators”. Yes, conservatives despise regulations, and applaud every Republican effort to eliminate laws that protect average Americans from corruption like that of Wells-Fargo.
Why do righties hate government passing laws that protect average Americans, because Reagan told them they must. Of course, the right wing reasoning on any issue is complete idiocy, but it is true, that they will dutifully defend all corporations' right to screw average Americans in any way possible.
But when their defense comes back to bite them in the butt, they then blame the Democrats that passed the laws that protected their retirement accounts, their homes, their jobs, etc. This always happens when Republican deregulation destroys them financially.
It is inevitable that the righties will blame Obama and the Democrats for the actions of Wells-Fargo’s crooked management, and decry the $185 million in penalties levied by the feds on that poor, abused corporation.
Workers tell Wells Fargo horror stories
.