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A comment on Consumer Protection Bureau Aims to Roll Back Rules for Payday Lending. Parent comment

Re:Consumer Protection Bureau Aims to Roll Back Rules for Pa... by Johnny555 on Wednesday February 06, 2019 @09:58PM (#19102602)
The same could be said about allowing poor people to seek treatment from unlicensed medical practitioners "If we don't give them our substandard medical care, they'll get it from underground providers that will be even worse".

Or let them be served by an unregulated transportation providers "Well yeah, our buses aren't safe, some of our drivers have suspended licenses, but if they don't ride with us, they'll ride with someone worse".

Just because there are worse alternatives is no reason for the government to sanction exploitative businesses.

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Re:Consumer Protection Bureau Aims to Roll Back Rules for Pa... by maratd on Tuesday February 12, 2019 @10:58AM (#19144548)
> The same could be said about allowing poor people to seek treatment from unlicensed medical practitioners

No, it can't. Because they can always walk into a hospital and receive treatment, even if they have no capacity to pay. A hospital may not refuse treatment.

> Or let them be served by an unregulated transportation providers

Like Uber?

Interestingly enough, if an unregulated method of transportation becomes popular enough, it gets regulated, not regulated out of existence.

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