Anonymous ID: 01cea4 May 16, 2019, 7:45 p.m. No.6518101   🗄️.is 🔗kun   >>8117 >>8136 >>8233

>>6518021

O SERIOUSLY, WHO THE FUCK HAD THEM DO THIS!? THIS IS EXACTLY WHAT THEY SHOULD BE DOING BASED ON THEIR CLAIMED BELIEFS TO HELP THE MOST MARGINALIZED AMERICANS IN THE BIGGEST WAY AND ALSO SHACKLE THE USURIOUS PREDATORS OF THE WORLD. AT 15% IT WOULDN'T EVEN POSE ANY KIND OF FINANCIAL MARKET RISK AT ALL UNLESS SHIT WENT REALLY REALLY REALLY CRAZY IN WHICH CASE IT WOULD PROBABLY ACT AS A RED TAPE SANITY CHECK DURING RUNAWAY INTEREST RATE CRISES.

 

WTF I MIGHT RESPECT BERNIE AGAIN

Anonymous ID: 01cea4 May 16, 2019, 7:53 p.m. No.6518175   🗄️.is 🔗kun

>>6518136

HEY, DUMBASSES, HERE'S THIS BILL I WROTE FOR YOU THAT'S A HOMERUN. I WAS GONNA MAKE YOU BEND THE KNEE, BUT THIS WAY THE JEWS GET MAD AT YOU AND NOT ME.

Anonymous ID: 01cea4 May 16, 2019, 8:14 p.m. No.6518329   🗄️.is 🔗kun   >>8415

>>6518233

Destroying the supply of short term loans for the desperate is definitely an objective of this bill. You're more than welcome to demand the government subsidize collateral obligations and guarantee broke people's short term loans but that didn't work out great for the mortgage industry.

 

If the free market created enough desperation that demand for loans at 99.9% interest existed, would this be proof that 99.9% interest payday loans are good for the marketplace? No.

 

At some point, the rates are so high that they are effectively death to the borrower in a survival of the fittest game. Frankly, that number probably isn't much higher than 15% anyway. The death is just hidden behind closed doors.

 

This is not an issue of free markets. Slavery is banned too.

Anonymous ID: 01cea4 May 16, 2019, 8:33 p.m. No.6518462   🗄️.is 🔗kun

>>6518415

>Are you saying that people who voluntarily agree to pay high-interest short term loans are irresponsible and need to be overruled by wiser people far away who know nothing of their individual circumstances?

 

Yes i am saying exactly this. Just like wise people in their ivory towers far from the streetz should also ban people they don't know from selling their own bodyparts or children. Some things need to stay a black market because some people are stupid and some people are evil. And when half the country is already falling for variable rate loans, maybe they need a fucking financialdaddy.

Anonymous ID: 01cea4 May 16, 2019, 8:42 p.m. No.6518520   🗄️.is 🔗kun

HERE'S A SCENARIO THAT WOULD HAVE SAVED BILLIONS IF NOT TRILLIONS OF DOLLARS, AVERTED A GLOBAL CRISIS, AND LITERALLY SAVED LIVES AND FAMILIES ALL OVER THE FUCKING WORLD

 

>I CAN HAZ LOAN FOR AMERICAN DREAM? HERE'S MY MCDONALD'S PAYSTUB

 

>NO. GO BE A NIGGER SOMEWHERE ELSE.