Detailed text transcripts for TV channel - MSNBC - 20100423:01:24:00
He likes to show it off. he's not hiding his light under a a bushel, he's in the commercials and blogging now about the payday industry and how it shouldn't be regulated when financial reform happens. his argument is that payday lenders are poor. this was his first blog post. despite rhetoric, payday lenders earn minimum wage. he says, quote, it's a store that earns $8.96 each hour they're open. raking it in? some in the mainstream media think so. break down the profits of the lender and it's clear this industry isn't raking in heaps of money. jones then divided monthly earning statements from...