I am Rooting For the Criminal in this Story!

This man and maybe an accomplice have been responsible for robbing a number of payday loan businesses.  This dude even hit the same payday loan business twice;  a week apart.  In my view, this is just one of those beautiful ironies of life – sometimes criminals steal from other criminals – I just can’t feel unhappy about it.
Payday loan businesses can charge interest in excess of 30% in Kansas.  They can charge as much as 70% interest in Wyoming.  These businesses target poor and working poor individuals.  Their prevelence across the country rose steeply after welfare reform.  In fact, a Clinton era figure started a payday loan business – “Advance America – Cash Advance”.
As nutjobs on the BTSNBN used to tell me, “Donnelly, don’t like payday loans: Don’t get one.”  These robberies are really a free-market correction those clowns over there like so much.  May this robber practice his trade with a vengence, and may he roam free for a very long time.
I am going to have to figure out why these types of business piss me off so much.


Filed under Crimes, Economics, Political Reform, Populists, Republicans, Weird news

3 responses to “I am Rooting For the Criminal in this Story!

  1. As the great Woody Guthrie said:

    “Some men will rob you with a six-gun, some with a fountain pen.”

  2. The poorer you are, the more ways there are to get you poorer.

    No health insurance? You will pay more for the same medical care!

    No credit history? You will pay higher interest rates! (Never mind that you waited to use credit until you could actually afford the monthly payments!)

    Can’t get a loan for some much-needed furniture because you don’t have a credit history (see note about not using credit)? There’s a place down the road that will rent you furniture for about a trillion times more money than if you could finance it.

    Need I go on?

    No. We all know it is hardest for those who have it the hardest.

  3. These same places also set up their customers to be robbed since they often also provide services to cash checks. People wait outside, knowing folks coming out will have cash in their pockets, and rob them of what they didn’t lose to to that fountain pen.