THE LIBERALS ARE GONNA GO NUTS
FITSNews – May 15, 2008 – The glow you saw on the horizon this morning wasn’t a nuclear explosion, or some redneck Dixie version of the “Northern Lights,” it was a million candles burning at a pre-dawn “Vigil of Mourning” which took place over at La Socialista in response to South Carolina’s payday lending bill (a.k.a. the Corrupt Legislator Income Enhancement Act) officially passing away yesterday.
Actually we’re kidding about the vigil, but expect the public relations arm of the liberal Appleseed Legal Justice Center to go absolutely bonkers over the death of this bill, along with Sen. John “Jury-Shopper” Hawkins and the rest of his ethically-challenged goon squad - all of whom were seeking to personally profit from the law’s passage.
Seriously, these dickheads had the nerve to try and shove this excessive government regulation down the throats of South Carolina borrowers - 80% of whom use payday loans responsibly – knowing full well it hasn’t worked in other states and knowing full well that they were artificially inflating the problem to a sympathetic (and profit-seeking) mainstream media.  And of course they were doing all of that to make millions of dollars off of their class action lawsuits against the industry – in front of judges they appoint, to boot.
We honestly didn’t give a rat’s rear end about payday lending until we broke the lawsuit scandal last November, but the more we looked into the issue, the more we discovered this bill was about personal profit for a few lawmakers, not providing protection for the people of South Carolina. And yes, there were a lot of words that start with “P” in that last sentence. It’s called “alliteration,” baby.
By Mens Rea May 15, 2008 at 8:25 am
Maybe I am naive, but I fail to see how passing (or not passing) the bill would affect lawsuits already filed. I doubt the plaintiffs’ attorneys would even be allowed to mention the new law at trial.
By The Benjamins May 15, 2008 at 8:39 am
No, you started caring about the payday lending debate when you teamed up with Bob McAlister to shill for the industry. Then there’s the fact that your gal, Nikki Haley, has been raking in the dollars while being chairman of the house subcommittee tasked with dealing with the bill. But that’s not a conflict of interest – that’s just good politics, right?
And, please don’t get on a sanctimonious tirade again. Believe it or not, there are some people you can’t fool with your bullshit.
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By jeff May 15, 2008 at 10:37 am
what the f will Warren Bolton write about now? maybe something we give a crap about….nah.
By Daniel May 15, 2008 at 10:42 am
Lord knows I’m not a fan of consumer protection-ism, but this statement – “80% of whom use payday loans responsibly” – is pretty striking. 20% don’t? That’s an ass-load (sorry for the technical legal term) of irresponsible borrowing. If the current financial crisis should teach us anything, it’s that allowing lenders to give shitty loans to unsophisticated borrowers is pretty bad idea.
By fitsnews May 15, 2008 at 11:15 am
Dear Benjamins,
Let’s make sure we’ve got your weak-ass argument straight – Nikki Haley takes a thousand dollar contribution from a payday lender and somehow that’s wrong? While in the meantime John Hawkins and his lawyer buddies are out there trying to score multi-million dollar legal “paydays” for themselves by suing an industry in front of judges they elect based on laws they’re writing …
Seriously, dude. Your definition of a “conflict” is pretty fucked up.
But hey, all you haters out there trying to discredit us on a daily basis need to manufacture some elaborate conspiracy for everything we write, so by all means pick something that works for you and go with it.
Pretty please though, make sure to throw a furniture reference in there next time … it disappoints Sic when you don’t bring that stuff up …
-FITSNews
By Don Johnson May 15, 2008 at 11:27 am
Ah, Liberals.
Trying in vain to protect stupid people from themselves since 1932.
How’s that working out for everyone? My taxes are higher and people are still being stupid. Want to put payday lenders out of business? Make sure every high school kid has a basic understanding of how to balance a checkbook before they can graduate. I would write that these kids need to understand economics, but baby steps, people, baby steps.
But I guess testing kids on that would probably be unfair, too.
By yeah May 15, 2008 at 12:03 pm
The Senate is trying to attach the pay day regulation bill to another bill. Andre will rule on the point of order raised against this attempt on Tuesday.
By BarOfSoap May 15, 2008 at 12:24 pm
Willie, some of us actually prefer your animated “F’s & asterisks.” They add a certain finesse to the dialogue…
By Mens Rea May 15, 2008 at 2:25 pm
But they are not suing based on laws they are writing now – they’re suing based on the laws already in place. This is a critical distinction that you don’t seem to be making. It certainly is NOT the same thing for antis to pursue their lawsuits as it is for pros to take contributions from the industry, because the lawsuits will not and can not, under the prohibition on ex post facto legislation, be affected by what happens at the State House.
Don, do you, in your magnificent conservative wisdom, suggest that public education is the answer?
The structure and history of our society is such that a significant segment of our state’s population doesn’t know how to live in a world of numbers and laws. That is a fact. We can try to help them, or blame them for their own predicament and just try to keep them occupied enough to stay out of our yards.
By sunshine May 15, 2008 at 3:13 pm
Please. Nikki Haley is one of the few members who will focus on policy and refuse to play the political CYA game. She actually pushed for real transparency this year, like roll call voting and online check registers. How many others stood up with her? The boys in the leadership club are not about to let her mess up their gravy train.
Campaign contributions are public record — but the legislator trial lawyers and consultants don’t have to disclose all the personal income they make off suing people. Perhaps they should….
Will may be on a few payrolls — who knows and who cares? He doesn’t appropriate state dollars or decide what laws you have to live with. Those who do are the ones whose paychecks I’d like to see. Unfortunately, that will never happen as long as the current crowd thinks the public does not care.
By Ashley May 15, 2008 at 3:39 pm
“Sunshine” is right…..we need more transparency in government — it benefits everyone, including lawmakers. Right now, legislators don’t have to disclose their earnings, or call roll on their votes. And governments do not post their check registers online even though so many of them are directly or indirectly paying lobbyists. Kudos to Nikki Haley and the handful of others who are doing more than just talking about good government — they are proposing substantive ways to enforce it. Hopefully the public will start standing up with them.
Transparency is not a partisan issue, nor even a conservative vs. liberal issue. It is simply a matter of good public policy, and no one should oppose it. In fact, democracy at all levels depends upon more of it.
By jeff May 15, 2008 at 4:32 pm
why do any of us even take the time…..Nobody cares about this lame ass issue. we have fallen for the media trick of paying attention to a non-issue. ahhhhhhhhh
By Christian Taylor May 16, 2008 at 1:36 pm
My name is Christian Taylor and have been an Area Manager in the payday advance business for three years. To set the record straight, I know of NO payday lenders that prays on any class of people. Think about it, what business cares where their customers come from??? My point if the customer qualifies, why would it matter??? Payday advance was and is designed for “Short Term Cash Soluations”. If a customer desides to re advance or go to another Company, who are we (you) to tell them what to do and not do??? We are the land of the free!!!??? The APR is very misleading!!! Do you know how to figure APR personally??? Of course it looks very high because the loan is only streched over a two week basis in most cases. Let the people make their own minds up who they do business with. If you personally dont want to use the service of a payday lender, “Dont”. If you personally want to use a payday lenders, “I say you have the right too”. Do you tell your next door neighbors what to do and what not to do??? The answer is “No”. A “free american” should be allowed to be free of legal restrictions that only deals with their own lifes.
By Jeffrey Sewell May 18, 2008 at 3:16 pm
Let us deal with the real culprits of the scam the so-called establishment banking system, fortunately for me every time they try to raise my rates I just pay them off and cancel the card. Amazingly I get a reduced offer within weeks from the same folks that tried to uh well ya know!
By Nick S February 20, 2009 at 6:54 pm
I’m a little confused about this post. The legislators want to keep payday loans legal or do not.
From what I am to understand, they are legal.
By Romeo Burke March 19, 2009 at 4:29 pm
http://quick-pay-day-loans2015.blogspot.com/