Tag Archives: welfare reform

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.

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