I'm a bit shocked, but happy to note that Glenn got the Payday Loan industry exactly right. Now, why can't he see that the only difference between these guys and WMC is the price of their shoes?
Oh well, one thing at a time.
Payday ploy - JSOnline
"This industry does not exist in a state like Minnesota, and I don't see any downside in keeping these usurious vipers out of our state," said Grothman, a state senator from West Bend. "There are so many legitimate businesses in this state that need regulatory help. I sure hope that these guys are not on the list."