Tag: Clinton payday loans


Clinton Steps on His D$%^^& Again

So ex-president Bill Clinton, “also called on more governors to follow the lead of¬†California Gov. Arnold Schwarzenegger (R) and former Arkansas Gov. Mike Huckabee (R) and reduce childhood obesity by bringing healthier lunches and more exercise to schools. He also urged states to go after pay-day lending operations, whose short-term, high-interest loans hit the poor the hardest, he said. Clinton said there are more check-cashing and payday lending operations in the United States than all the McDonalds and Starbucks worldwide”. http://www.stateline.org/live/details/story?contentId=325309

A little research and we discover Starbucks had 15,012 stores in 44 countries http://en.wikipedia.org/wiki/Starbucks .

And McDonald’s operates over 31,000 restaurants worldwide, employing more than 1.5 million people. http://www.mcdonalds.ca/en/aboutus/faq.aspx

It took about 15 seconds to get the facts!

Even the most optimistic payday loan protectionists estimates there are no more than 22,000. And with recent events in Arkansas, Ohio, Oregon, and NH we are certain there are less.

One more strike against letting the consumer decide!