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MrScorpio

(73,631 posts)
Mon Aug 13, 2018, 09:05 AM Aug 2018

See, this here is YET another example of why Trump's a shady motherfucker...

Who should have never been elected:

White House Takes Aim At Financial Protections For Military

August 13, 20185:00 AM ET

CHRIS ARNOLD
The Trump administration is taking aim at a law designed to protect military service members from getting cheated by shady lending practices.

NPR has obtained documents that show the White House is proposing changes that critics say would leave service members vulnerable to getting ripped off when they buy cars. Separately, the administration is taking broader steps to roll back enforcement of the Military Lending Act.

The MLA is supposed to protect service members from predatory loans and financial products. But the White House appears willing to change the rules in a way that critics say would take away some of those protections.

"If the White House does this, it will be manipulating the Military Lending Act regulations at the behest of auto dealers and banks to try and make it easier to sell overpriced rip-off products to military service members," says Christopher Peterson, a law professor at the University of Utah, who reviewed the documents.

https://www.npr.org/2018/08/13/637992389/white-house-takes-aim-at-financial-protections-for-military
28 replies = new reply since forum marked as read
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See, this here is YET another example of why Trump's a shady motherfucker... (Original Post) MrScorpio Aug 2018 OP
Many of the service members that this law protects are young people who are out on their own for the Arkansas Granny Aug 2018 #1
That's right...the first things out of the gate. The dirty predators. rusty quoin Aug 2018 #3
You forgot Haggis for Breakfast Aug 2018 #16
Good points! Sophia4 Aug 2018 #21
Exactly this...I've seen it first hand Docreed2003 Aug 2018 #27
No surprise there. Ripping off is like breathing to shit face. rusty quoin Aug 2018 #2
yes Demovictory9 Aug 2018 #20
Rs: Support troops enough for photo ops & defense corporate welfare. Otherwise, tough. . . . nt Bernardo de La Paz Aug 2018 #4
republican Draft-Dodger-in-Chief again pissing on military personnel Achilleaze Aug 2018 #5
And some still vote for him.. Permanut Aug 2018 #6
And it's only a matter of time before he screws them, too. calimary Aug 2018 #9
Excuse me . . . . . Haggis for Breakfast Aug 2018 #17
Check your Inbox TlalocW Aug 2018 #19
Be nice. AllyCat Aug 2018 #24
Merely further proof of how negative an effect The Asset has on people! calimary Aug 2018 #28
He might want to think about this, safeinOhio Aug 2018 #10
And ... aggiesal Aug 2018 #13
Why in the world would any military personnel vote for him? LiberalBrooke Aug 2018 #15
According to my sister, Hillary had too much baggage. AllyCat Aug 2018 #25
well he is a coward heaven05 Aug 2018 #7
Support the troops by screwing them IronLionZion Aug 2018 #8
Banks appear to be ready Corgigal Aug 2018 #11
Wouldn't it be nice if ALL citizens were protected from these sharpsters? gratuitous Aug 2018 #12
Now we know of all of the shady characters who hang around rump while he's at his ... SWBTATTReg Aug 2018 #14
And yet, most of the Military will vote for the Screwer-in-Chief. OMGWTF Aug 2018 #18
While I heard soldiers were cheering him Cha Aug 2018 #22
This is what happens when the Mob runs the country. McCamy Taylor Aug 2018 #23
Military members know their security clearances require good finances Deb Aug 2018 #26

Arkansas Granny

(31,517 posts)
1. Many of the service members that this law protects are young people who are out on their own for the
Mon Aug 13, 2018, 09:15 AM
Aug 2018

first time in their lives, with more income than they've ever had before and have no experience in handling their own finances, much less know what shady business practices to look out for. If you've ever been near a military base, you have probably noticed that there is an abundance of car dealers, loan companies, etc. located right outside the main gates where they are so convenient for the service members and flashing big signs with military friendly messages.

Haggis for Breakfast

(6,831 posts)
16. You forgot
Mon Aug 13, 2018, 09:32 PM
Aug 2018

pay-day lenders, pawn shops, tattoo parlors, bars and whore houses (which are often in the same building).

Docreed2003

(16,861 posts)
27. Exactly this...I've seen it first hand
Tue Aug 14, 2018, 09:19 AM
Aug 2018

And those regulations helped to limit a lot of that type of predatory lending. This move will only serve lenders at the expense of service members

Achilleaze

(15,543 posts)
5. republican Draft-Dodger-in-Chief again pissing on military personnel
Mon Aug 13, 2018, 09:36 AM
Aug 2018

no freaking five-time republican draft dodger should be in "charge" of anything.

Disgusting what republicans are doing to our military, steadily working to undermine and weaken America. Disgusting.

Permanut

(5,610 posts)
6. And some still vote for him..
Mon Aug 13, 2018, 09:52 AM
Aug 2018

This is another clear example of Mango Mussolini shitting on the military. And once again I wonder how it could be that ONE military or veteran would vote for him.

Haggis for Breakfast

(6,831 posts)
17. Excuse me . . . . .
Mon Aug 13, 2018, 09:38 PM
Aug 2018
WHERE have YOU been ? He's been screwing active military and veterans over since he got into office.

I'd provide you with a full-fledged list (and yes, I have one), but it will only piss me off, make me scream and yell, upset my dog, wake up the household, disturb my neighbors, raise my blood pressure and have me reaching for my Xanax.

calimary

(81,296 posts)
28. Merely further proof of how negative an effect The Asset has on people!
Tue Aug 14, 2018, 07:26 PM
Aug 2018

Makes me tear my hair too, Haggis for Breakfast. I'm surprised I still have teeth - for all the gritting and grating I do with them over this monster.

LiberalBrooke

(527 posts)
15. Why in the world would any military personnel vote for him?
Mon Aug 13, 2018, 09:24 PM
Aug 2018

I can’t believe anyone looks at that fool and says that is who they want as their commander in chief. It truly stumps me why they voted for him.

 

heaven05

(18,124 posts)
7. well he is a coward
Mon Aug 13, 2018, 10:12 AM
Aug 2018

and a snake in the grass who with the help of powerful individuals slithered into office. He wants morale low for total control. He wants the service member angry for the war he plans on starting? He'll offer another type of carrot soon.

IronLionZion

(45,447 posts)
8. Support the troops by screwing them
Mon Aug 13, 2018, 10:18 AM
Aug 2018

Any business deal with Trump will always be shady. He believes cheating people means they are stupid and he's smart. I hate people who think this way. As if being dishonest and manipulative is a sign of intelligence.

Corgigal

(9,291 posts)
11. Banks appear to be ready
Mon Aug 13, 2018, 11:27 AM
Aug 2018

to make those bribes, they won't do a thing without cause. The cause is the kickback.

gratuitous

(82,849 posts)
12. Wouldn't it be nice if ALL citizens were protected from these sharpsters?
Mon Aug 13, 2018, 11:44 AM
Aug 2018

If your business model depends on ripping people off, maybe it would be a good idea if the laws and the regulations didn't support that? Like, if the penalty for ripping off your customers was serious enough (jail time and impoverishment), maybe lenders and banks wouldn't take the plunge on predatory lending practices?

SWBTATTReg

(22,129 posts)
14. Now we know of all of the shady characters who hang around rump while he's at his ...
Mon Aug 13, 2018, 12:09 PM
Aug 2018

golf courses. All of these lowball scumbags, who think constantly of nothing but how to scam their next dollar or buck off of all of us (normal American citizens, not the 1%).

When rump and cronies are finally kicked out of office, multiple task forces must be established to track down and fix the damage(s) that these scumbags caused, and convict those guilty of treason to the USA by enacting pseudo laws such as this (not passed by Congress but by presidential edict).

OMGWTF

(3,957 posts)
18. And yet, most of the Military will vote for the Screwer-in-Chief.
Mon Aug 13, 2018, 10:12 PM
Aug 2018

My son is full-time USCG and only he and his lesbian CO are Democrats. He tells me every day how hard it is to be locked in a room with the slow learners.

Cha

(297,265 posts)
22. While I heard soldiers were cheering him
Tue Aug 14, 2018, 04:43 AM
Aug 2018

at his rally when he was pushing his propaganda on "fake news".. which is him.

Deb

(3,742 posts)
26. Military members know their security clearances require good finances
Tue Aug 14, 2018, 09:15 AM
Aug 2018

But their dodging CIC is obviously ignorant or simply doesnt care.

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