Taking Care Of Business

April 22, 2018 By: Juanita Jean Herownself Category: Uncategorized

Here’s the start of good news …

The Consumer Financial Protection Bureau, the US government’s top consumer watchdog, hit Wells Fargo with a $1 billion fine on Friday for improperly charging thousands of customers for auto insurance they didn’t need — it’s the agency’s second-largest fine in its history …

… that quickly turns to stink worse than a goat on a crawfish diet because the Republican’s tax “reform” bill, but corporate tax rates from 35% to 21%.

According to a Goldman Sachs report from December, the tax cut will boost Wells Fargo’s profits by $3.7 billion this year.

We fine Wells Fargo a billion dollars so the Republicans wink and give them $3.7 billion for the trouble.

When you make ripping off consumers so damn profitable, we’re not gonna stop crooks.

Which may be the whole point.

 

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