So why has Wasserman Schultz been so opposed to the CFPB’s proposed rules? She has said, “Payday lending is unfortunately a necessary component of how people get access to capital, [people] that are the working poor.” But maybe it has something more to do with the $2.5 million or so the payday loan industry has donated to Florida politicians from both parties since 2009. That’s according to a new report by the liberal group Allied Progress. More than $50,000 of that cash has gone to Rep. Wasserman Schultz.
But we digress. It’s the skullduggery going on within the Democratic Party establishment that’s our current concern and as we wrote in March, Rep. Wasserman Schultz “has played games with the party’s voter database, been accused of restricting the number of Democratic candidate debates and scheduling them at odd days and times to favor Hillary Clinton, and recently told CNN’s Jake Tapper that superdelegates — strongly establishment and pro-Clinton — are necessary at the party’s convention so deserving incumbent officials and party leaders don’t have to run for delegate slots ‘against grassroots activists.’ [Emphasis added] Let that sink in, but hold your nose against the aroma of entitlement.”