Wednesday, March 28, 2007

Cascade Policy Institute testifies

John Charles of the Cascade Policy Institute just gave what I have to say is some wacky testimony. First, he dismissed the idea that anyone could be unhappy with a payday or car title loan. Then he echoed the testimony that one of his colleagues gave last week saying that the City of Portland charges higher interest rates for past due water bills. Um, this testimony was discredited last week, from what we understand. But it seems CPI isn't letting the facts get in the way of a good soundbite.

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