Ohio Governor Ted Strickland has a new companion to support, offering a solution as his opposition to the payday loan and cash advance industries amplify. He’s fighting on behalf of the state’s community of gamblers. In effect as of August 1, 2008, but being disputed by the people on the November 4 state ballot, Strickland says this is a heroic effort to raise money for their public schools. Strickland has defended his views on several occasions, claiming this one’s best for the common good for our children. Despite the massive criticisms from all walks of life, including members of his own parish, he continues to dig up ways to shield his idea. Parts of his proposal would revise the state constitution to authorize the construction of a $600 million casino near Dayton. This proposal is giving many people a more vivid picture of the state of Ohio’s economy. So let’s get this straight. Governor Strickland is telling his citizens to go out and gamble away their rent and mortgage payments for the sake of their children’s future. Then, after gambling away all our money, when we experience a pinch in our budget and are unable to buy the necessities for our children, Strickland says we should NOT resort to getting temporary funds from a payday lender to help make ends meet. Seriously, there is no sense in that. Post Courtesy of Personal Money Store Professional Blogging Team Feed Back: 1-866-641-3406 Home: http://personalmoneystore.com/NoFaxPa... Blog: http://personalmoneystore.com/moneyblog/
The current presidential candidates, Barack Obama and John McCain, supported an anti-payday loan bill in 2006. The bill, which took effect in October 2007, put a 36 percent cap on the interest rates that payday loan stores charge military personnel. The basis behind the bill was the increasing number of American soldiers that found out that loans had been taken out in their names without their consent. Many of these loans were either given to identity thieves or to their spouses. More often than not, the loan recipients borrowed money, but did not repay the loans. A majority of the loans should never have been approved in the first place because the applicants didn’t meet the qualifications. Military personnel as a whole are generally considered low-income and sometimes, unfortunately, considered to possess very little financial knowledge. The government wanted to prevent identity theft of military members because it would also prevent security breaches. Therefore, the government ruled in favor of the measure. Barack Obama would like to employ the measure nationwide. If the same interest cap is imposed throughout the U.S., the payday loan industry will be wiped out. Take time to think about who you’re voting for because your financial liberties are at risk in this election.
Keno game rules OK’d
Ohio Governor Ted Strickland has a new companion to support, offering a solution as his opposition to the payday loan and cash advance industries amplify. He’s fighting on behalf of the state’s community of gamblers. In effect as of August 1, 2008, but being disputed by the people on the November 4 state ballot, Strickland says this is a heroic effort to raise money for their public schools. Strickland has defended his views on several occasions, claiming this one’s best for the common good for our children. Despite the massive criticisms from all walks of life, including members of his own parish, he continues to dig up ways to shield his idea. Parts of his proposal would revise the state constitution to authorize the construction of a $600 million casino near Dayton. This proposal is giving many people a more vivid picture of the state of Ohio’s economy. So let’s get this straight. Governor Strickland is telling his citizens to go out and gamble away their rent and mortgage payments for the sake of their children’s future. Then, after gambling away all our money, when we experience a pinch in our budget and are unable to buy the necessities for our children, Strickland says we should NOT resort to getting temporary funds from a payday lender to help make ends meet. Seriously, there is no sense in that.
Post Courtesy of Personal Money Store
Professional Blogging Team
Feed Back: 1-866-641-3406
Home: http://personalmoneystore.com/NoFaxPa...
Blog: http://personalmoneystore.com/moneyblog/
October 28, 2008 at 5:28 a.m. permalink suggest removal
Sen. McCain, Gov. Palin coming to Valley on Tuesday
The current presidential candidates, Barack Obama and John McCain, supported an anti-payday loan bill in 2006. The bill, which took effect in October 2007, put a 36 percent cap on the interest rates that payday loan stores charge military personnel. The basis behind the bill was the increasing number of American soldiers that found out that loans had been taken out in their names without their consent. Many of these loans were either given to identity thieves or to their spouses. More often than not, the loan recipients borrowed money, but did not repay the loans. A majority of the loans should never have been approved in the first place because the applicants didn’t meet the qualifications. Military personnel as a whole are generally considered low-income and sometimes, unfortunately, considered to possess very little financial knowledge. The government wanted to prevent identity theft of military members because it would also prevent security breaches. Therefore, the government ruled in favor of the measure. Barack Obama would like to employ the measure nationwide. If the same interest cap is imposed throughout the U.S., the payday loan industry will be wiped out. Take time to think about who you’re voting for because your financial liberties are at risk in this election.
Post Courtesy of Personal Money Store
Professional Blogging Team
Feed Back: 1-866-641-3406
Home: http://personalmoneystore.com/NoFaxPa...
Blog: http://personalmoneystore.com/moneyblog/
October 18, 2008 at 1:51 a.m. permalink suggest removal