RTO Online
can only assume that the alleged "study" was, at best, an intern
making a few phone calls to get rental rates, and at worst it
doesn't exist - never existed outside the mind of Sunday Talk
Show Chuck or a few editors with an overabundance of column
inches to fill and not enough real news to fill them.
RTO Online contacted Senator Schumer's New York and Washington,
DC offices directly, repeatedly requesting the data from this
supposed study. No such data apparently exists. The Senator's
staff was also unable to produce any text of proposed
legislation regarding the rent to own industry. In addition,
according to official congressional records, Senator Schumer,
nor any other Senator or Representative, has introduced
legislation named "Renter's Protection Act of 2006." The Senate
is out of session and won't even re-convene until September 4th.
The entire series of articles was apparently kicked off by a
story appearing on WABC's website Sunday. The article had a
general AP byline; no specified author. When contacted by RTO
Online, the Associated Press said it had no record of any such
AP story crossing their wire. The researcher said "it may have
been a press release which was later pulled."
The story was repeated on NY Daily News under the byline of
Samuel Graham. According to NY Daily News, no such reporter
exists.
Based on this information, RTO Online can only assume that the
alleged "study" was, at best, an intern making a few phone calls
to get rental rates, and at worst it doesn't exist - never
existed outside the mind of Sunday Talk Show Chuck or a few
editors with an overabundance of column inches to fill and not
enough real news to fill them. The bogus and inflammatory
information was then repeated by numerous websites via the
cut-and-paste newswire.
After spending 10 hours on the phone with nothing to show for it
but broken promises and the mind numbing memory of Chuck
Schumer's 1950's hypnotist-carnival-act intro message thanking
me for calling and could I please wait for a staffer, I now
wholeheartedly support term limits.