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(AP Photo/Sid Hastings) (The opinions expressed in guest op-eds are those of the writer and do not necessarily represent the views of RedState.com .)
Behold the evolution of the “payday loan”.…
The 2008 global economic disaster was caused by the Big Government-Big Business crony fascism that is killing this country.
Big Government mandated Big Banks make millions of home loans everyone knew made zero economic sense — in the name of “lending equity.” To bribe the Big Banks into cooperating, Big Government allowed the Big Banks to make obscene fees on each and every idiotic loan they made — many times the fees they made on mortgages that actually made economic sense.And round and round we went until the merry-go-round spun violently off its axis and hurtled into We the People. We the People were subjected to years of global economic catastrophe.The Big Banks? After many years of making many hundreds […]
Read the rest of this story here: redstate.com
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