March 11, 2006

NC Payday Lenders

The headline reads:

N.C. officials happy to see payday lenders leave

Well of COURSE they are! The question that should be asked is "WHY are the officials in NC happy?" There's a number of reasons.

1. Roy Cooper is happy because he's running for governor. The only way in this state to run for governor as a Democrat is to work your way up through the state government to prove you can join the elite class and to show that you are qualified to tell everyone ELSE what to do. As the State Attorney General, you can be sure Mr. Cooper will be using this as part of his campaign.

2. Donations. Payday lenders were competition -- competition for banks. Banks are BIG in this state -- big as in huge donors to political campaigns. You can be sure that all the politicians who worked to remove these competitors to the banks will be well-rewarded with large piles of cash from all the banks in the state.

3. Control. Democrats really don't like freedom. Payday Lenders were a voluntary cooperation and exchange of goods and services between two peoples. Any time that happens, Democrats are disappointed. Democrats want to control ALL exchanges of all goods and services in the state -- they really, really don't like the free market because they don't have control.

No wonder the officials are happy -- freedom is reduced and they have more money. The people? They have nothing to do with this, and nothing to say about it. That is your Democrat Party in North Carolina today.

Posted by: Ogre at 01:07 PM | Comments (2) | Add Comment
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1 They really did not like the fact that all those monetarily irresponsible Democrats were in hock to the pay day lenders, instead of to the Dem party directly.

Posted by: William Teach at March 11, 2006 08:08 PM (TFSHk)

2 Or at least in hock to those who GIVE the Democrats their money.

Posted by: Ogre at March 11, 2006 09:18 PM (CyQ4M)

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