Contribute Today!


Our Sites

Contribute

to Gay Wisdom

Tip Jar

« The Liberal Media | Main | Some things to think about... »

Sep 11, 2008

Comments

Payday Loan Advocate

One of the biggest targets for politicians, as far as economics are concerned, is becoming the payday loan industry. Governors across the country are trying to rid their states of the industry altogether, and so far, Georgia, North Carolina, and Oregon have succeeded. The result was that bankruptcies, foreclosures, and also the number of overdraft fees due to bouncing checks went through the roof, which doesn’t do anything for the citizens afflicted in these turbulent times, and only is really good for the banking industry. Despite these negative effects, other states are looking to follow the example and do the same. Even at the national level, presidential candidate Barack Obama, is weighing in his own agenda on the issue, and advancing his own intentions on getting rid of the industry in the United States completely. If these measures, both on state levels and nationally, are successful, the results are going to be increased unemployment, more debt, more foreclosures, and an even worse economy.

fiskmaas

You should move to Canada. I'm an out, gay pakistani in a professional program with many other homosexuals. No one cares that much to cause other people pain.

The comments to this entry are closed.

Bookmark and Share

Our Bloggers

April 2012

Sun Mon Tue Wed Thu Fri Sat
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30