Showing posts with label payday loan. Show all posts
Showing posts with label payday loan. Show all posts

March 20, 2012

THIS is our guy?

Desperate times call for bad decisions?
Mitt Romney gets another key endorsement, proving once again he's er, on the side of the poor?  Really GOP - this is who we want to go with?  This is the guy who will stand up to Obama and the media's withering attacks on his flip flopping and more importantly his disconnect with the common man?
Restore Our Future, a super PAC supporting Mitt Romney, got a boost in February from an industry that is currently under fire by the Obama administration: payday lenders.

At least seven payday lending companies threw their support - and a cumulative $227,500 - toward Mitt Romney's super PAC in February, according to the PAC's latest FEC filings. Meanwhile, the federal Consumer Financial Protection Bureau (CFPB) is increasingly targeting those companies, which offer small, short-term loans secured against a customer's next pay-check, often with high interest rates, in its oversight of financial institutions.

Restore Our Future declined to comment to CBS News on whether or not they had made any overtures to the payday lending industry.

May 5, 2009

America's Payday Loan

Payday loans are an insidiously seducing possibility. When you're short on cash and you need to make it through to your next paycheck, a payday loan seems like a great way to bridge the cash shortfall gap. America's current economic downturn is analogous to the same situation, with President Obama as the corrupt lender.


Ask about our Never Pay Plan.

Jonah Goldberg points out the arrogance of the Obama spending spree.
Obama has surely helped set the tone for the unfolding riot of liberal hubris. In his effort to reprise the sort of expansion of liberal power we saw in the ’30s and ’60s, Obama has — without a whiff of self-doubt — committed America to $6.5 trillion in extra debt, $65 billion for each of his first 100 days, and that’s based on an impossibly rosy forecast of the economy. No wonder congressional Democrats clamor to take over corporations, tax the air we breathe, and set wages for everybody.
$6.5 trillion! It's deceptively seductive. No worry for you, we'll help you out. We'll borrow from China, we'll borrow from your children and grandchildren, we'll even spend the money for you. No worries for you, we've got it covered.

There's no free lunch. If you think there is, you're one of those suckers born every minute. There's no get rich quick. America has to wake up to it's fiscal realities, both personally and nationally. And it wouldn't hurt for states like California to pay attention.

This is America's Payday Loan. Don't sign the papers if you still can avoid it. Just walk away.
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