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Comment of the Day

April 29, 2010 | federal legislation, industry | Comments (0)

On the website “Newsbusters” under a story trashing Rachel Maddow for trashing payday lenders: 

Unlike health insurance, there is no “mandate” that forces an individual to take out a payday loan. 

Oh and for Rachel’s edification,  state chartered intrastate businesses (e.g. most payday loan firms) are usually regulated by the individual state.

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