Two months ago, the Obama administration and 49 state Attorneys General announced a settlement with the Big Banks that engaged in fraudulent lending practices that abused homeowners and often left taxpayers with the bill. This settlement was made final last week. Today, the highly influential conservative newspaper the Washington Examiner editorialized against this settlement, saying
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It’s important to know about lawmakers’ conflicts of interest. For example, if they are for building expensive fighter jets produced by Boeing while at the same time owning Boeing stock, the public should know about this financial incentive. But many states currently lack strong disclosure laws that make it easy for the public to learn
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