Wisconsin update:
October 16, 2009 | Capital Times, Wisconsin, industry | Comments (0)From a column in today’s Cap Times:
After being lavished with campaign contributions and buttonholed by an army of lobbyists, enough of our state legislators are apparently going to make sure Wisconsin remains the only state in the nation that doesn’t regulate an industry that lends money for two weeks at a time, frequently extends balances for big fees, and winds up getting as much as 520 percent interest on its loans.
Classic sour grapes from people on the losing end of a legislative fight. They can never convince themselves that they lost on the merits.
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