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05/07/2008 |
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We all know that the Philadelphia Phillies of the National League have won the best-of-seven World Series against the American League's Tampa Bay Rays, four games to one. To do it, the Phillies prevailed in the first suspended game in World Series history. For the home fans it was surely worth the wait. It’s been several weeks since the Philadelphia Phillies were crowned World Series Champions 2008. Although the Major League Baseball season is over, it doesn’t mean that the baseball action is at an end. Fans of the national game have turned their hearts and minds towards baseball’s free agency period – the “Hot Stove League.” Previously players could be bought, sold, traded or released as management saw fit, without consideration of the player’s family or their livelihood in general. Players fought for years to obtain the rights to ply their trade for the teams they preferred. Similarly, every consumer has the right to seek personal loans where and whenever you want, regardless of what anyone tells you. Personal loan companies should compete for your business as teams compete for the services of players. Low rates would be maintained with more favorable terms in this case. Click to read more on <a title="Online Payday Cash | Who Knew it was so Easy?" href="http://personalmoneystore.com/moneyblog/what-ar...">Personal Loans</a>.
The current Governor of Ohio, Ted Strickland, is trying to win popular support for House Bill 545. This unethical law would impose a cap on the interest of no fax payday loans to 36%. This would put the interest on a $100 loan down to a dollar and change, which is not anywhere close to a ballpark amount for ANY business to survive on. HB 545 would drive the industry from the state. Presidential hopeful Barack Obama, on the other hand, has one-upped the Governor, by stating that he will attempt to enact national legislation imposing the same cap nationwide. That would mean the end of the payday loan industry in America altogether. In this already rocky economy, this could mean hundreds of thousands of unemployed, leaving even fewer options to turn to in times of need. Remember: your vote counts and you should vote your conscience. Do you really want to advocate for more unemployment and force your fellow citizens into further credit card or bank debt, or going to Mafioso for help?
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