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As if the British Socialists weren’t bad enough…

January 22, 2009 | customers, industry, industry critics | Comments (0)

Now the American Socialists are taking a swipe at payday lenders:  

Workers today are essentially compelled to go into debt. While they aren’t directly forced into debt by their bosses (as was the case with the old-time company stores), they have to resort to the likes of payday loans because paychecks fail to pay the rent and put food on the table.

Are these people rubber room crazy, or what?  We used to tell people like this to move to Russia, but Russia is capitalist now.   Move to China! No, err, never mind. 

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