Comments on: Oh, the Irony http://www.buckeyeinstitute.org/blog/2008/10/09/oh-the-irony/ Up To The Minute Analysis Of Ohio Public Policy Thu, 08 Jan 2009 21:53:42 +0000 http://wordpress.org/?v=2.6.2 By: Payday Loan Advocate http://www.buckeyeinstitute.org/blog/2008/10/09/oh-the-irony/#comment-1376 Payday Loan Advocate Tue, 28 Oct 2008 05:44:27 +0000 http://www.buckeyeinstitute.org/blog/?p=3140#comment-1376 While Ohio Governor Ted Strickland confirmed no sign of fallback on his opposition to the payday loan and cash advance industries, he has found a new friend that he’s fighting on behalf of: the state’s community of gamblers. In effect, as of August 1, 2008, but being contested by the people on the November 4 state ballot, Strickland says this is a valiant effort to raise money for their public schools. Although he has been taking deep criticism from all walks of life, including members of his own parish, Strickland has defended his views on several occasions, claiming that, despite his opposition to the expansion of gaming, this one is best for the common good of our children. Modification of the state constitution to authorize the construction of a $600 million casino near Dayton is part of his proposal. Really think about this idea for just a second. If I’m not mistaken, Governor Strickland is instructing his citizens to take a chance and gamble away whatever's left in their pockets if they are experiencing an unexpected financial sting. Along with that, it is being toted as a good cause for children’s future. When they are short on funds to purchase their children’s clothes and school supplies, Strickland says it is NOT okay to get temporary funds from a payday cash lender to make ends meet. Strickland designed to highlight their opposition to a November ballot push from payday lenders hoping to repeal a new law capping at 28 percent what they can charge their customers for the short-term, high-interest loans. Strickland said the payday loans that amount to 391 annual percent interest rates are "outrageous and unacceptable" and said the legislation limiting the rates to 28 percent was a "reform" not a "ban. Post Courtesy of Personal Money Store Professional Blogging Team Feed Back: 1-866-641-3406 Home: http://personalmoneystore.com/NoFaxPaydayLoans.html Blog: http://personalmoneystore.com/moneyblog/ While Ohio Governor Ted Strickland confirmed no sign of fallback on his opposition to the payday loan and cash advance industries, he has found a new friend that he’s fighting on behalf of: the state’s community of gamblers. In effect, as of August 1, 2008, but being contested by the people on the November 4 state ballot, Strickland says this is a valiant effort to raise money for their public schools. Although he has been taking deep criticism from all walks of life, including members of his own parish, Strickland has defended his views on several occasions, claiming that, despite his opposition to the expansion of gaming, this one is best for the common good of our children. Modification of the state constitution to authorize the construction of a $600 million casino near Dayton is part of his proposal. Really think about this idea for just a second. If I’m not mistaken, Governor Strickland is instructing his citizens to take a chance and gamble away whatever’s left in their pockets if they are experiencing an unexpected financial sting. Along with that, it is being toted as a good cause for children’s future. When they are short on funds to purchase their children’s clothes and school supplies, Strickland says it is NOT okay to get temporary funds from a payday cash lender to make ends meet. Strickland designed to highlight their opposition to a November ballot push from payday lenders hoping to repeal a new law capping at 28 percent what they can charge their customers for the short-term, high-interest loans. Strickland said the payday loans that amount to 391 annual percent interest rates are “outrageous and unacceptable” and said the legislation limiting the rates to 28 percent was a “reform” not a “ban.

Post Courtesy of Personal Money Store
Professional Blogging Team
Feed Back: 1-866-641-3406
Home: http://personalmoneystore.com/NoFaxPaydayLoans.html
Blog: http://personalmoneystore.com/moneyblog/

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