Re: Payday Lending Part Deux

On Sat, 17 May 2008 21:18:18 GMT Hank Gillette <hankgillette@[EMAIL PROTECTED]
>
wrote:

:>In article <Xns9AA18BF526747moonblanchedgmailcom@[EMAIL PROTECTED]
>,
:> Dover Beach <moon.blanched@[EMAIL PROTECTED]
> wrote:

:>> And where are the good choices, exactly?  I reiterate again: if we
:>> moralize the payday places out of business, what's supposed to replace
:>> them?  The gov't has no business cutting off the payday places unless
it
:>> also installs a better system. 

:>I agree that there should be another alternative. My question is, why 
:>can't the payday loan places make money "only" charging 24%? 

Lets say they could. Why should they, if they can make more? 

If the market sees the op****tunity and profit, they will. If you think
that
you are smarter than the market, risk your own buck$ and make a killing!

Perhaps there should be a cap on the prices of books or theater tickets?
After
all, the movie makers can make a profit "only" charging $6?

-- 
Binyamin Dissen <bdissen@[EMAIL PROTECTED]
>
http://www.dissensoftware.com

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