"And once again, the lies are introduced that claim that the GOP doesn't like the current setup because they want no oversight and no regulation. I don't know a lot of people that believe that there should be no oversight of the payday loan people and similar issues that this is supposed to be addressing."
So the Republicans want to regulate the payday loan business except that to the last
Senator they fight to preserve their right to screw over consumers to the point of using manipulations of dubious Constitutionality. Just like they want meaningful reform to health care, except they only call for repeal of Obamacare instead of proposing a bipartisan replacement. Stop and smell the roses my friend. There are some entrenched interests who make a lot of money not doing much good in healthcare and in payday loans and their lobbyist have the Republican establishment and Washington Times doing their bidding like a trained Border Collies.