Payday Pundit

But I guess Ohio voters are still confused about how to vote on the referendum.  This story tries to explain it.   So does this one.

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No kidding.  Here’s an article out of Lima, Ohio that makes that point in spades.

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This story, “Payday Lenders Bank on Voters” has a clever headline, but the rest is just a summation of the Ohio situation.

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From the Toledo Blade:
Jason Gloyd, chairman of the Coalition Opposed to Additional Spending and Taxes, or COAST, labeled the payday lending law “creepy” and “Orwellian.”
Issue 5 was placed on the statewide ballot by the payday lending industry, seeking to repeal portions of a law passed in May drastically curtailing the amount of interest lenders can […]

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This time they are trying to get the referendum thrown off the ballot through a legal manuever involving the signature gathering process.  From the Cleveland Plain Dealer story: 
Secretary of State Jennifer Brunner said she will appoint a hearing officer to decide whether consultants hired to collect signatures to get the payday lending measure on the […]

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I was at the grocery store last night and took a spin down the bottled water aisle.  I counted over ten different brands of water. TEN! That was just for still water, not fizzy fancy mineral water or ultra pure distilled or raspberry flavored “performance” water…just plain old water that you can get for pennies out […]

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You know what the great thing is about a democracy?  Each and every person gets to have their say, make up their own mind and choose.  Sure, Alexis de Tocqueville and Federalist Paper #10 warned about tyranny of the majority, but with the checks and balances that are in effect in this great country and […]

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Ohio’s Coalition for Responsible Lending (”OCRL”) has issued a press release filled with deceptive information and fabrications. They should be held accountable and asked to back up their irresponsible claims with facts. It is important that people see through the hype surrounding the issue and consider the facts.
CRL Claims: A “compromise” is threatening the payday lending legislation […]

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I don’t know what it is with the Wall Street Journal, but they seem to have it in for the payday lending industry.   An article today about Rent-A-Center says the company asked a charity it supports not to endorse an effort to ban payday loans.  Rent-A-Center put out this reply.  
The Wall Street Journal wrongly reported this morning that Rent-A-Center […]

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