Wednesday, April 29, 2009

More on Payday Lending

There is an innumeracy about payday lending I have posted on before. Combine the innumeracy with the high horse of the 'progressive' and you can get pure fatuity. It is nice to see this succinct letter to the editor on the subject.

If H.R. 1214 is enacted, it will be back to thugs serving the low-income borrower market. That's a "reform"?

Yes, progressives really are looking out for the interest of the little man. Pshaw!


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