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Tuesday, June 29, 2010

The Truth About Payday Paton

By Jennifer Johnson
Arizona Democratic Party
June 29, 2010

Payday lending will be a thing of the past in Arizona at midnight on Wednesday! Go to www.PaydayPaton.com to learn how lobbyist-legislator Jonathan Paton tried to bail out the payday lending industry.

Did you know that CD8 Republican primary candidate Jonathan Paton was a paid lobbyist for the payday lending industry before he served in the state Legislature? As their spokesman, he even defended this predatory industry on the cover of the Tucson Citizen.

In 2008, Paton actively championed the deceptive ballot initiative, Prop. 200, to bail out this predatory industry while Arizonans struggled with the worst financial crisis since the Great Depression. Read his ballot argument supporting Prop. 200’s deceptive claims here
Paton also made thousands of dollars working for the payday lending lobbyists who ran the Prop. 200 campaign in 2008 -- while Paton was serving in the state Legislature. That’s right, while Jonathan Paton was supposed to be representing Southern Arizonans, he was on the payroll of payday lending lobbyists!

Today, the Arizona Democratic Party is launching www.PaydayPaton.com so Southern Arizonans can learn the truth: If lobbyist Jonathan Paton had his way, on Thursday the predatory lenders would still be able to charge nearly 400% interest and trap Arizona families in a spiral of debt, fees and financial ruin.

Paton is trying to hide from these facts in his bid for Congress, but he can’t hide from his record. Visit www.PaydayPaton.com to get the real story about lobbyist Jonathan Paton’s past.