tag:blogger.com,1999:blog-32582789.post4216274245088596197..comments2023-10-20T05:12:43.292-04:00Comments on Blue Bexley: We've Got Issuesbonobohttp://www.blogger.com/profile/08241279987882052237noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-32582789.post-74549032671649126252008-10-25T18:47:00.000-04:002008-10-25T18:47:00.000-04:0010/24/08Columbus― Vote No on Issue 5 today wins im...10/24/08<BR/>Columbus― Vote No on Issue 5 today wins important endorsements of Ohio’s largest African American newspaper, the Call and Post, along with Bishop Harry Jackson, chairman of the High Impact Leadership Coalition (HILC) – a coalition of black and white faith-based community leaders from across the country.<BR/><BR/>The Call and Post says, “The bill does nothing to help Ohioans, especially Black Ohioans. This paper takes umbrage to the fact that lawmakers want to decide how families should handle their personal finances. We find this paternalistic at best – and an insult to intelligence at worst. VOTE NO on State Issue 5 on election day, Nov. 4. Individuals and families ought to have the right to determine what is best for them financially. We don’t need “overseers” overseeing our pocketbooks. Vote NO on State Issue 5.” <BR/><BR/>Who has Endorsed a “NO” vote on Issue 5?<BR/><BR/>· The Ohio Chamber of Commerce<BR/><BR/>· Ohio Grocers Association<BR/><BR/>· Ohio Christian Alliance<BR/><BR/>· The Coalition Opposed to Additional Spending and Taxes (COAST)<BR/><BR/>· Americans For Prosperity<BR/><BR/>· Dr. Tom Lehman, Buckeye Institute for Public Policy Solutions<BR/><BR/>· Property Rights, Freedom Fighters<BR/><BR/>· National Taxpayers Union<BR/><BR/>· Ohio Libertarian Party<BR/><BR/>· High Impact Leadership Coalition<BR/><BR/>· Call & Post – Ohio’s largest African American newspaper<BR/><BR/>· Lake County News Herald, Lima News, Hillsboro Times, The Newark Advocate<BR/><BR/>· Hundreds of other Ohio consumers and businesses at www.Ohioans4FinancialFreedom.comAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-32582789.post-6722519946896015292008-10-24T12:50:00.000-04:002008-10-24T12:50:00.000-04:00I'm really wrestling with Issue 5. On the one han...I'm really wrestling with Issue 5. On the one hand it does take advantage of people who might be behind the eight ball financially, and there are a lot of people who get caught up in that system. HOWEVER, it does fill a much needed void, and two things included in Issue 5 give me reason to seriously rethink it. <BR/>(1) It arbitrarily limits to four the number of payday loans that any person can take out in a given year;<BR/>(2) It requires that the identity information of the person taking out the loans be collected in yet another government data bank;<BR/>(3) After 4 loans in a one year period, it requires the consumer to take a $200 financial literacy course (you're already so stuck for money that you have to go to these lenders and it makes you spend more - nannying)<BR/><BR/>So as of now I will be voting NO on Issue 5 unless someone can show me a better reason I should vote YES.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32582789.post-86732490619927425882008-10-23T18:42:00.000-04:002008-10-23T18:42:00.000-04:00I totally agree - we need to regulate and reform t...I totally agree - we need to regulate and reform the pay day industry. They can't be allowed to prey on the people who can't afford their ridiculous interest rates. <BR/><BR/>Yes on Issue 5!Unknownhttps://www.blogger.com/profile/10864537706107370896noreply@blogger.comtag:blogger.com,1999:blog-32582789.post-82704469744267136702008-10-23T17:33:00.000-04:002008-10-23T17:33:00.000-04:00Thanks for the post. I've been looking everywhere ...Thanks for the post. I've been looking everywhere for a nice break down of the issues.<BR/><BR/>Loving the blog!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32582789.post-37322215193332042262008-10-23T15:29:00.000-04:002008-10-23T15:29:00.000-04:00MOST PEOPLE END UP GETTING TRAPPED IN DEBT FOR MON...MOST PEOPLE END UP GETTING TRAPPED IN DEBT FOR MONTHS?Where did you get that data?OR DID YOU MAKE IT UP?Back that up with some independant study....15.00 per hundred. 15% no matter what the truth in lending says quit trying to mislead people by saying the majority of,or most folks.IT'S SIMPLY NOT TRUE...VOTE NO ON 5 TELL THESE SIX FIGURED SALARY ADVOCATES WE DONT NEED OUR HAND HELD....NO ON 5Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32582789.post-1382564576975156132008-10-23T13:50:00.000-04:002008-10-23T13:50:00.000-04:00Vote Yes on Issue 5! Payday lenders are required t...Vote Yes on Issue 5! Payday lenders are required to disclose the APR by the Truth in Lending Act so that consumers can compare loans. Unfortunately, most folks who use payday loans end up getting trapped in a debt for months and months. Certainly they didn't anticipate having to go back to a payday lender over and over again, but that's what happens for the majority of borrowers. It's time Ohioans had access to fair and reasonable loans and we end 391% APR. Vote Yes on Issue 5!Unknownhttps://www.blogger.com/profile/10521078748931401729noreply@blogger.comtag:blogger.com,1999:blog-32582789.post-22369332207723723362008-10-23T11:14:00.000-04:002008-10-23T11:14:00.000-04:00Vote no on 5...This is the nanny state law democra...Vote no on 5...This is the nanny state law democrat or not this is a simple snow job putting apr on a two week loan and you guys are falling for it.....391% is apr(annual percentage rate)A payday loan is over two weeks....YOUR BEING SNOWED!!!!!!listen dont take away peoples options.WISE UP VOTE NO ON ISSUE5Anonymousnoreply@blogger.com