this. Normally I'm with you Patranus but we fucked the native americans so hard so recently that I'm for letting them do whatever the hell they want on their land. Which is what now, 1% of what it should be before we stole it?
Its a fucking joke that the indians enjoy all of the protections offered by the United States but are then put into a special class of people with special privileges.
We kinda did damn near wiping them off of the face of the earth and jack all their land. We ain't giving the land back so I don't really mind the few fringe benefits they get.
Your racial bias rears it's ugly head.
The majority of "payday" loan recipients are minorities. Try again.
Personally, I think "Indian tribal land being soverign" is a joke. If they want to be soverign, then they shouldn't get any federal or state funds. Let them drink their Thunderbird and Old Crow to their hearts content. When it runs out and their money runs out maybe they will all get of their lazy asses and join the rest of the nation and do something productive.
Not a Native American Idian alive today was hearded up and put on a reservation. They self impose it and expect everyone else to foot their bill.
Screw them. It's harsh to say but all through out history weaker civilizations were conquered and assimilated or completely wiped out.
:thumbsup:Let them charge a high interest rate, who gives a shit?
Interest rates are like prices, why are we using price controls for this?
If the interest rate is too high then the market will put these guys out of business.
Let them charge a high interest rate, who gives a shit?
Interest rates are like prices, why are we using price controls for this?
If the interest rate is too high then the market will put these guys out of business.
I tend to disagree.If the market always got rid of undesirable things, there would be no need for any regulation.
this. Normally I'm with you Patranus but we fucked the native americans so hard so recently that I'm for letting them do whatever the hell they want on their land. Which is what now, 1% of what it should be before we stole it?
And likewise the government should honor all the treaties it made with them.not me i dont have any guilt factor. my family didn't get to America until 1890 or so, me or my ancestors had no part in slavery or killing the red man. so i dont give a shit. Reservations are antiquated and obsolete they serve no purpose other than casinos an now loan sharking. If they want to be sovereign then fine let them be sovereign and cut off all federal funding and abolish the Dept of Indian Affairs. Tts about time the "natives" got with the program and stop hiding in the dog patches sucking the teat of our tax money.
Its a fucking joke that the indians enjoy all of the protections offered by the United States but are then put into a special class of people with special privileges.
How long will they be given special treatment? Treatment which certainly doesn't appear to be helping them, as Native Indians are consistently among the worst performers on basically all measures, from health to alcoholism, education, etc.What have they ever given us? If they don't like it, they shouldn't have immigrated here.
How long will they be given special treatment?
If the market always got rid of undesirable things, there would be no need for any regulation.
This is a winner, right here.:thumbsup:You're missing the point. If people are taking out these loans there is demand for them therefore they ARE desirable.
If these loans were so grossly overpriced then other providers may undercut them, who knows.
But why the need to price fix? Is there a monopoly on giving out these loans?
If these loans are so ridiculous people would not be taking them.
not me i dont have any guilt factor. my family didn't get to America until 1890 or so, me or my ancestors had no part in slavery or killing the red man. so i dont give a shit. Reservations are antiquated and obsolete they serve no purpose other than casinos an now loan sharking. If they want to be sovereign then fine let them be sovereign and cut off all federal funding and abolish the Dept of Indian Affairs. Tts about time the "natives" got with the program and stop hiding in the dog patches sucking the teat of our tax money.
Please. We all know that is not the American way. The American way is to sign up for something, not read the fine print, lose money, demand Government intervention to save yourself and the children
The market DOES get rid of all undesired things when left to its own devices. The problem is that, when you speak of "desirable," you're not speaking of what any individual wants for himself, but what you think he should want for himself. If he didn't desire a payday loan, why would he get one?If the market always got rid of undesirable things, there would be no need for any regulation.
Its a fucking joke that the indians enjoy all of the protections offered by the United States but are then put into a special class of people with special privileges.
We kinda did damn near wiping them off of the face of the earth and jack all their land. We ain't giving the land back so I don't really mind the few fringe benefits they get.
Actually, the American Way is for an army of lawyers to draft a document couched in legaleze, target a vulnerable demographic (say, those that would ever need or consider a payday loan to cover bills?) and then sell that group on how easy and reasonable your service is.
In a vacuum, sure, people should read what they sign. Have all of you folks read the entirety of every shrinkwrap license you open to see what your rights are? Did you read the 20 page credit card agreement?
Posted on the wall, in plain sight. Just like your bank.I could be wrong but I am pretty sure these places are required by law to present all fees and interest rates prior to agreeing to the loan. You can definitely call and ask/stop by. I couldn't find any specific information about how the fees are presented without submitting an application so I don't know how obvious it would be.