For me this is not a simple meddlesome big government issue. It is more about protecting those of us who are responsible with our money from having to bail out those who are not. I wish that the subprime mortgages had been deemed illegal before all the people lost their homes, or soon will, and are now expecting the government (the taxpayers) to bail them out. Obviously in a perfect world we would all get an equal share of the money and no one would be rich and no one would be poor....wait, that's communism!! In real life there are poor and rich and a whole lot of us in the middle that do occassionally struggle paycheck to paycheck. If you start taking out payday loans, you run the risk of never getting caught up. I strongly suggest you find other methods of dealing with it. Don't use credit cards, either.
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Torn on the issue
Submitted on May 7th, 2008 by AnonymousFor me this is not a simple meddlesome big government issue. It is more about protecting those of us who are responsible with our money from having to bail out those who are not. I wish that the subprime mortgages had been deemed illegal before all the people lost their homes, or soon will, and are now expecting the government (the taxpayers) to bail them out. Obviously in a perfect world we would all get an equal share of the money and no one would be rich and no one would be poor....wait, that's communism!! In real life there are poor and rich and a whole lot of us in the middle that do occassionally struggle paycheck to paycheck. If you start taking out payday loans, you run the risk of never getting caught up. I strongly suggest you find other methods of dealing with it. Don't use credit cards, either.