Payday Loans: The Racist Rhetoric of Thomas Suddes
May 28, 2008 | industry critics | Comments (0)Writes Matthew Mayer:
We won’t rehash the payday loan argument here. Intelligent people understand there is a place for them when provided, and used, responsibly. Yet one of most vile tactics used by opponents of payday lending, as well as the newspaper editorialists who conspire with them, are bogus claims that the African-American community believes payday loans exploit them.
Mayer concludes:
The Plain-Dealer and Ohio University should immediately review Mr. Suddes’ qualifications as reporter and instructor and act accordingly – fire him.
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