U.S. Politics

[Badger]

Does NJ have a single pol who isn't awful?

https://twitter.com/ddayen/status/1401891386316640256?s=19

Sidenote, JE sees no problem with this, the borrowers can simply just say no

[Johnny English]

Does NJ have a single pol who isn't awful?

https://twitter.com/ddayen/status/1401891386316640256?s=19

Sidenote, JE sees no problem with this, the borrowers can simply just say no

Either you are really, really bad at drawing appropriate parallels, or you think that everyone else is too stupid to understand your false equivalencies. Either way you should stop trying to do it.

FWIW, I think that payday loans are hideous predatory garbage, but they're also a symptom of a much bigger problem.

[mj2sexay]

Either you are really, really bad at drawing appropriate parallels, or you think that everyone else is too stupid to understand your false equivalencies. Either way you should stop trying to do it.

FWIW, I think that payday loans are hideous predatory garbage, but they're also a symptom of a much bigger problem.

Pay day loans are a necessary evil in fairly litigating a clients personal injury claim against an insurance company.

I'm certainly not saying there isn't something that can be done via cutting down interest rates, but if you want to make sure insurance companies can get away with lowballing people who are injured and therefore out of work, abolishing them completely is a great way to go.

If one is using said loan for any other reason then the one stated above, they must LOVE getting juiced at a rate that would make shylocks or Fannie Mae (pretty much one in the same) blush. 

[Johnny English]

Pay day loans are a necessary evil in fairly litigating a clients personal injury claim against an insurance company.

I'm certainly not saying there isn't something that can be done via cutting down interest rates, but if you want to make sure insurance companies can get away with lowballing people who are injured and therefore out of work, abolishing them completely is a great way to go.

If one is using said loan for any other reason then the one stated above, they must LOVE getting juiced at a rate that would make shylocks or Fannie Mae (pretty much one in the same) blush. 

Or they're not consistently making enough money to cover the bare necessities of life despite working full time hours and often more than one job, and have no alternative but to get themselves into a vicious spiral of predatory debt.

[dcm1602]

Either you are really, really bad at drawing appropriate parallels, or you think that everyone else is too stupid to understand your false equivalencies. Either way you should stop trying to do it.

FWIW, I think that payday loans are hideous predatory garbage, but they're also a symptom of a much bigger problem.

Yes people being freaking idiots is a much bigger problem than predatory garbage payday loans

[dcm1602]

Or they're not consistently making enough money to cover the bare necessities of life despite working full time hours and often more than one job, and have no alternative but to get themselves into a vicious spiral of predatory debt.

Or they're financially impotent, and shouldn't have access to any credit for their own good. Of course to deny stupid people credit then they'd just be shouted down as racist


If we're talking payday loans in extreme circumstances (ie a illness catastrophic injury etc) then it's understandable.

But id wager at least 95% of payday loans are a symptom of someone being a full blown freaking idiot.

People would literally have more disposable income if they made sacrafice and smart decisions for a short period, and stopped taking out these stupid loans sapping their money

[CatoTheElder]

Or they're financially impotent, and shouldn't have access to any credit for their own good. Of course to deny stupid people credit then they'd just be shouted down as racist

Which do you think is more likely?

[dcm1602]

Which do you think is more likely?

100% what I said.

All the data on American finances  credit and borrowing supports it.

I get it that people are stuck in a hole. But you don't get out of a hole by keep digging down.

I'm not talking about people suddenly making changes where they can buy a car and contribute to a 401k

I'm talking about literally taking loans out against your own freaking pay. There's legit reasons for it, the vast majority of the time it's just stupid people being stupid

[dcm1602]

Also only 7.8% of Americans work more than 1 job according to the US department of commerce via data from the the United States Census

So all the bullshit people are spewing from politicians about how many Americans are working more than one job to make ends meet is absolute freaking garbage

[Miamipuck]

I work 2 jobs.

[bojanglesman]

I work 2 jobs.

Does giving BJs count as a job?

[CatoTheElder]

Does giving BJs count as a job?

https://www.spreadshirt.com/shop/design/blowjobs+are+real+jobs+womens+cropped+t-shirt-D5ef8f2cdf9376460b7584688?sellable=XyDg4yzpb0S87Qjv19oN-1408-8

[delavan]

Does NJ have a single pol who isn't awful?

Bob Menendez even on his best day couldn't achieve awful.

I work 2 jobs.

Does giving BJs count as a job?

[Miamipuck]

Does giving BJs count as a job?

Yawn

[MBGreen]

Yawn

That's a yes