tag:blogger.com,1999:blog-2447438783001404385.post1526556453347347337..comments2024-03-28T10:55:20.923-05:00Comments on Jackson Jambalaya: Bill Crawford: Usury Proscriptions ForgottenKingfishhttp://www.blogger.com/profile/06184990110961727404noreply@blogger.comBlogger16125tag:blogger.com,1999:blog-2447438783001404385.post-73388153145978004532018-11-05T10:09:38.469-06:002018-11-05T10:09:38.469-06:00This is one of Bill's most ridiculous efforts....This is one of Bill's most ridiculous efforts. A loan is a contract between the lender and the borrower, and whatever they agree to should be left alone. Want to get rid of high interest lenders? Make traditional banks compete with them. Let Regions start lending money at 8% to high risk borrowers and the payday loan companies will be out of business. See if you can get the boys in Birmingham to agree to that one...billhttps://www.blogger.com/profile/04212014163842522498noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-6732571650061599082018-11-05T10:02:22.762-06:002018-11-05T10:02:22.762-06:005:42 - Now that you've had a night's rest,...5:42 - Now that you've had a night's rest, are you sure you don't want to rethink that post? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-30415238597886411582018-11-04T21:28:55.312-06:002018-11-04T21:28:55.312-06:00For the dunce at 7:47...When you're in that bu...For the dunce at 7:47...When you're in that business, you best set your rates high to compensate for all the defaults, having to hire investigators to track people down, trying to get blood out of turnips and generally putting up with assholes who want your money with no intention of paying it back. <br /><br />These 'customers' are people who can't borrow a dime at a bank, have no savings, can't budget past the middle of the month, don't know where their paycheck went, spend too much time in casinos and liquor stores, will steal gas out of your gas tank, bum cigarettes and then axe you for a light and would steal money from their momma if she was in the bathroom. <br /><br />Don't hate on the guy who goes out on a limb and gets the shaft 25% of the time. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-17642855475898050672018-11-04T19:47:12.071-06:002018-11-04T19:47:12.071-06:00Thank you Bill for writing this. There’s a front ...Thank you Bill for writing this. There’s a front row seat in Hell for the loan sharks. One of the GOP’s largest contributors lives in a hilltop Rankin County mansion built on the backs of the poor. See you in Hell. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-34657096659012986672018-11-04T18:43:53.782-06:002018-11-04T18:43:53.782-06:00Loan sharking became popular in Mississippi in par...Loan sharking became popular in Mississippi in parallel with the burgeoning of pawn shops which (wait for it) ran in perfect concert with the advent of casino gambling. Ain't got shit to do with Republicans. In fact we had democrats in charge of the senate and house, the governor's office and the Light Guvernor. <br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-13981144797280700822018-11-04T17:42:29.888-06:002018-11-04T17:42:29.888-06:00Mississippi is the least Christian state in the na...Mississippi is the least Christian state in the nation. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-89562051076391228612018-11-04T17:04:09.327-06:002018-11-04T17:04:09.327-06:0011:42 "We have no poor in this country"...11:42 "We have no poor in this country" Do we have rich in this country? Poor is relative to rich, not an absolute status. Poor may be starving to death in one country but simply lacking the means of upward mobility in another. Just because some people lack good judgment in their use of modest financial resources does not mean they are not worthy of fair treatment. The rich often waste their money and make stupid financial decisions too,but because they can afford to influence the legal and financial institutions that affect them they avoid dire consequences. Usury follows the poor not simply because they are stupid, but because they are defenseless. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-46716361441000207242018-11-04T15:36:14.382-06:002018-11-04T15:36:14.382-06:00Interesting... the rise of Usury and the rise of R...Interesting... the rise of Usury and the rise of Republicans perfectly parallel????<br />Loan Sharks and Land Sharks seem prevalent in Mississippi now days. Anonymoushttps://www.blogger.com/profile/12852589246376390896noreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-74607805341370258382018-11-04T15:08:48.420-06:002018-11-04T15:08:48.420-06:00These moneychangers will reap what they sow at som...These moneychangers will reap what they sow at some point. And all the wealth they have gained will serve no purpose in ghwarting their upcoming pain and suffering.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-34977587722975519552018-11-04T14:27:10.739-06:002018-11-04T14:27:10.739-06:00The above statement just confirms that Mississippi...The above statement just confirms that Mississippi "claims" to be Christian, but is FAR from it......mostly poor whites, poor blacks, and the remaining gentry from the landowners. Nothing Christian about it. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-47260038357928898082018-11-04T13:48:46.514-06:002018-11-04T13:48:46.514-06:00It’s great that the grave evil of usury is being d...It’s great that the grave evil of usury is being discussed. But it’s important to understand that usury is not “high” or “excessive” interest. That is a modern fiction - akin to saying that adultery is excessively sleeping around on one’s wife. Usury is not high interest; usury is ANY interest charged on what was once known as a mutuum loan - a loan that is backed or securitized by a personal IOU of the borrower. There are all sorts of reasons why interest on a mutuum is immoral. But it may be helpful to think of it in terms of what “collateralizes” a mutuum loan - what interest is actually being charged on - is the person of the borrower. A person is being treated as property. This is evil and why usury has always been characterized as a form of slavery.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-54893811364789721422018-11-04T13:41:17.479-06:002018-11-04T13:41:17.479-06:00This article fails to mention borrower default rat...This article fails to mention borrower default rates, as well as the ease of accessing bankruptcy laws and giving creditors the finger.<br /><br />Don't like the rates? Don't borrow the money. <br /><br />Simple fix.<br /><br /> Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-52732942488260108972018-11-04T11:54:38.698-06:002018-11-04T11:54:38.698-06:00Save money! Stop buying Ambien and just read Salte...Save money! Stop buying Ambien and just read Salter and Crawford. No need to purchase a sleep aid.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-48306080720469278772018-11-04T11:53:08.424-06:002018-11-04T11:53:08.424-06:00Zzzzzzzz.Zzzzzzzz.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-65238031114367116512018-11-04T11:42:51.803-06:002018-11-04T11:42:51.803-06:00Based on my travel, we have no poor in this countr...Based on my travel, we have no poor in this country. We have those who have typically, not entirely, elected to remain USA "poor". Free housing, food, medical from conception, dental, vision, cell phone, gas, education from age 3,etc. You cannot call them poor when they choose to use their government supplied resource to buy things a lot of hard working folks cannot afford - regardless on the interest rates. USA "poor" is not a valid argument.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2447438783001404385.post-44147759536026978362018-11-04T11:03:21.655-06:002018-11-04T11:03:21.655-06:00In any capitalist economy the only sin is being po...In any capitalist economy the only sin is being poor. The poor are fair game. It is only important to protect the interest of the rich, which we are all pledged to do. All true?Anonymousnoreply@blogger.com