The "government-can-solve-every-problem-we-have" crowd was out in force at the Capitol today.
Only those who don't understand that just about everything government tries to take away from the private sector winds up making the problems worse would vote for House Bill 182, which would cap interest rates charged by payday lenders.
No candidate who claims to adhere to TEA party principles will dare touch this.
If state government does this, when will there will be a bill introduced that caps the amount banks can charge for overdrafts or bars can extract for admittance?
Tuesday, February 8, 2011
Frankfort should stay out of the payday lending business
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