The Federal government is considering ground-breaking legislation making predatory lending illegal. Housing rights activists have applauded the move.

The bill's main sponsor, Senator Ben Coyflich, said in a press announcement, "In the future, anyone caught accepting a predatory loan faces two years in prison. That means that a person who has lost his home due to unregulated banking practices will get housing in a federal penitentiary, which shall also bring much needed economic support to the growing number of towns and communities dependent on the prison industry. Everyone is a winner."

When asked whether this is not the same logic of the so-called 'war on drugs,' Coyflich replied, "Yes, exactly. If there is anything that federal drug policy has taught us over the past 50 years, the best way to regulate at the highest level is to eradicate at the lowest."




#parody #humor #BankingCrisis #HousingCrisis #käuflich

The Federal government is considering ground-breaking legislation making predatory lending illegal. Housing rights activists have applauded the move.

The bill's main sponsor, Senator Ben Coyflich, said in a press announcement, "In the future, anyone caught accepting a predatory loan faces two years in prison. That means that a person who has lost his home due to unregulated banking practices will get housing in a federal penitentiary, which shall also bring much needed economic support to the growing number of towns and communities dependent on the prison industry. Everyone is a winner."

When asked whether this is not the same logic of the so-called 'war on drugs,' Coyflich replied, "Yes, exactly. If there is anything that federal drug policy has taught us over the past 50 years, the best way to regulate at the highest level is to eradicate at the lowest."

#parody #humor #BankingCrisis #HousingCrisis #käuflich