01 May 2007

More of the same from White House Incorporated

Finding a new case where the Bush administration favoured industry over the interests of the people they are supposed to represent is sort of like looking for mushrooms in the forest after a spring rain; there are examples everywhere. The latest? The Decider(TM) and his minions brushed aside warnings about the student loan industry (why is there a student loan industry anyway?) and proposals for more effective regulation way back in 2001. The result? The industry is plagued with questionable business practices and possible ethics violations.

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