We’re too dumb to vote on things. China might have it right after all. Holy shit

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38215987)

The issue with imposing an arbitrary price ceiling on unsecured consumer credit is obvious to everyone though right?

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216002)

this would be *great* for the payday loan industry. mcconnell should actually put this retarded shit up for a vote ASAP like he did for green new deal.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216045)

fuck off retard lmao

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216048)

the existence of any laws and rules whatsoever that govern human behavior seem to suggest that reducing people's options is a frequently utilized and useful tactic to improve people's well-being

if you're some kind of anarchist who doesn't believe that is true, then fair enough. but i think you're actually just someone who is not very bright and doesn't understand wtf he's talking about

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216076)

You make take our lives, but you may never take OUR FRAUD JEW BANK PROFITS

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216017)

under the current system, their profligacy - and walmart's bottom line - is ultimately subsidized by taxpayers

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216026)

it'd be awesome if the Rent a Center's of the world folded.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216057)

i guess its easy to win an argument if you just stop giving a fuck about trying to make sense.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216059)

The same way limiting easy access to college loans would be good for young people.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216062)

2019 loans for only some that I choose!

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38217693)

so youre saying an arbitrary price ceiling on consumer credit is good because...externalities?

whatever. we can drastically cut access to consumer credit. black markets and suboptimal alternatives will grow because we're too stupid to learn from centuries of experience. and the poor will be much worse off. yipee.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216128)

Lmao

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216216)

This is not true for people with low IQs. They aren't better off for having access to destructive choices, whether it's heroin, unhealthy food, or loans they can never pay back.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216247)

fuck that. god bless you.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216112)

I mean the Bible agrees with her.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216278)

millions of responsible people get hundreds if not thousands of dollars every year in CC rewards, in addition to not having to worry about their card being hacked, stolen, skimmed, whatever because the companies will just eat it. let's just go and potentially fuck all that up so dumb assholes can get slightly less ripped off on their bills that they are too stupid to not pay. I fucking hate the "XO 20XX" meme but jfc this shit is XO 2019.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216553)

Apparently consumers are though.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216604)

fuck libs who think they can regulate away every stupid decision proles make.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216606)

This is like the min wage argument. Yeah, a $50 min wage would probably kill a lot of jobs - but that doesn't mean an $8 min wage is bad no matter how much dumbasses who took Econ 101 like to pontificate that it is. In fact, the research seems to suggest that a $15 min wage is good.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216628)

Yeah, my opinion doesn't easily fit into either side of this debate. I am perfectly fine with lenders charging whatever interest rate they prefer. However, I am strongly in favor of regulating the terms of consumer loans to avoid confusion, surprise and other nefarious practices. In other words, I am fine with the kikes extracting as much flesh as the goy are willing to serve to them, just as long as the goy are perfectly aware how much flesh they will be required to give up.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38216854)

She's talking about a mom who was broke and put the school lunches on her credit card that she couldn't pay off. I think the OP's argument is that she is in a better spot because without charging her 25% interest they would never have extended her the money, but this is untrue because my guess is that practically Visa still would have done it and also its not a loan to get her out of a bad spot (unlike the developer above she's not going to exit the deal and make a ton of money), its a loan to put her in an even worse spot next month.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38217519)

But also very surprised at white supremacists like GOY SUPERSTAR angling for more regulation in THIS case. Usually when it comes to poors, the assumption is they are minorities and therefore deserve no regulation of capitalist vultures.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38217492)

Everyone don’t mistake my laziness/disinterest for a tacit concession that you’re right. We’re basically not speaking the same language itt

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38217506)

http://www.xoxohth.com/thread.php?thread_id=4255735&mc=100&forum_id=2#38191843

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38217528)

I’d stand behind that post even if markets were UP this week - no one can predict short term market moves. But you posting this when the market declined and VIX spiked??

Lol I’m proud that you’ve managed to post on the Internet despite your mental disability

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38217565)

And yet you predicted a "bloodbath opening"

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38218529)

First, nothing gets done about payday lenders and sub prime installment loans. All a cap would do is drive the banks to be more picky at the bottom end of the credit spectrum and force people who would otherwise pay 30% interest now pay 50% - 2,000%

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38249268)

So basically you are going to massively interfere in the market with the result being that things will end up worse.

(http://www.autoadmit.com/thread.php?thread_id=4258820&forum_id=2#38249300)