Albert Meyer

Finding Value in the Payday Loan Sector

Thanks for the update.

Payday Lender Stock Update

"South Carolina’s governor vetoed a bill that limited borrowers to one loan at a time and a certain number per year,..."

Why stop with Payday loans? Why not regulate how many packets of cigarettes we may smoke per month, how many whoppers we may eat per week, how many children we may have, how many times we may marry and divorce, how many miles we may drive, and the list goes on. The notion is that if some action may be potentially bad for us, we’d better ask our fat cat legislators to protect us from ourselves. How did that bill ever get as far as the governor’s desk?

The House in SC should be thoroughly fumigated. No self-respecting citizen should tolerate a legislator placing limits on their freedom of choice.

How Will Payday Lenders Be Affected by New Bill in Congress?

I sent your excellent analysis to Senator Durbin.