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It is, of course, a given that Congress often passes legislation that appears to be for the "public good" that is really a subsidy of the private interests who lobby for the lesgistlation for the public good.
I think the Patriot Express Loans are fine if the veterans and their families are fully informed of the true risks of their investments in franchising. This, however, is not the case, and I imagine the Congress, the Small Business Committees of the Congress and the Senate know that the failure rate of first-generation franchisees are hidden in Item 20 of the UFOC.
If they don't, maybe the FTC ought to run over there and tell them.
Congress passes legislation that helps Special Interests
It is, of course, a given that Congress often passes legislation that appears to be for the "public good" that is really a subsidy of the private interests who lobby for the lesgistlation for the public good.
I think the Patriot Express Loans are fine if the veterans and their families are fully informed of the true risks of their investments in franchising. This, however, is not the case, and I imagine the Congress, the Small Business Committees of the Congress and the Senate know that the failure rate of first-generation franchisees are hidden in Item 20 of the UFOC.
If they don't, maybe the FTC ought to run over there and tell them.