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The Ramifications of Issue 5

Thursday, October 2nd, 2008 By Marc Kilmer

A couple days ago blogger and radio host Maggie Thurber put up an excellent post analyzing Issue 5, which is seeking to overturn the legislation banning payday lending. It’s a must-read for anyone looking at what the legislation actually contained. Her basic point, though, can be summed up with these questions:

Since when is it the role of the government to track what you borrow, when and how much? Since when is it the role of government to tell you how you can use the money you borrow? Since when is it the role of the government to decide whether or not you need or should take a class in finances? Since when did Ohioans think it was okay to grant government this kind of intrusion into our daily lives?

Exactly. I couldn’t have said it better myself. So I didn’t. You’ll be a better informed voter if you read her post.

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One Response to “The Ramifications of Issue 5”

  1. Maggie Says:

    Wow - high praise, indeed. Thanks so very much!

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