Daily Archives: March 19, 2013

Payday Lenders Buy Themselves a Weakened ‘Reform’ Bill

At a legislative hearing this morning, state Sen. John Carona, the Dallas Republican who’s leading the payday “reform” effort in the Senate, basically said the industry had bought off lawmakers. Carona was defending the latest version of his payday loan legislation, which most advocates derided as unacceptably weak.

Advocates: Legislation Would Roll Back Tough Colonia Regulations

Manuela Luna’s colonia near Mercedes, Texas is no suburban paradise. Spanish Palms, a small low-income community of 25 people, lacks paved roads, but at least there’s running water, electricity and septic systems on the inhabited lots — basic services absent …