The Pundit would like to take this opportunity to convey his respect for Speaker of the S.C. House of Representatives, Bobby Harrell. While he may have lead the charge on a new S.C. regulation on the payday lending industry, he also took a moment to profess respect for consumer choice, and for that I applaud him. News and Press Online quotes Harrel:
“While there are some people who wanted to see us ban this industry or regulate it out of existence, clearly there is a demand from consumers for this particular service.”
Ah, such rationality and respect–it’s a breath of fresh air.