Govt Pack
Lansing Not In The Cash Advance Zone
The Payday Pundit states that kicking a legal, profitable business like payday loans out of town are a bad idea – so zoning them out is a bad idea. NWI.com states the Lansing, Mich., Planning and Zoning Board are looking for ways to revise ordinances to phase bad credit loans out of town. Cutting legal, profitable, in-demand businesses out of the picture is a poor choice, considering that Michigan’s HB 4214 is holding the financial martial law ax over every struggling town in the state. Source for this article – Lansing says no to payday lending as Michigan economy flails by MoneyBlogNewz.
Revising ‘special use’ provisions
The “special use” zoning provisions have been looked at a lot by Lansing’s Planning and Zoning Board of Appeals to check changes. The suggestions that targeted payday lenders aren’t a coincidence. Bad credit loan companies help a city’s economy while helping those in need of a little boost here and there although it might help to talk about parking near churches in residential neighborhoods and making sure there are fewer in home day centers. While the proposed zoning change would only prevent new payday loans outlets from locating in Lansing, critics see such a move as the typical first step against an enterprise lawmakers want to covertly torpedo. Encouragement of “more variety in the types of companies” is what Trustee Mikal Stole told to NWI. This can’t possibly be the case though.
Caused some mad people
The state government would be able to “force a municipality” for instance putting Lansing into bankruptcy with its “financial czar” (EFM) according to Detroit Rep. John Conyers while it is “an assault on democracy” according to AFL-CIO president Mark Gaffney. This is how Michigan House Bill 4214 has already caused some difficulties. The Benton Harbor, Mich., officials have lost the political powers. A new EFM was appointed. The economy of the small town might be bad enough to warrant dissolution, a power HB 4214 grants to a governor-appointed Emergency Financial Manager. According to the Rachel Maddow Blog, Benton Harbor’s per capita income is $8,965, the lowest in Michigan. Local “Twin City” St. Joseph is at $24,949 just across the St. Joseph River from Benton Harbor. This year, the Whirlpool company is celebrating its 100th anniversary. It is located in Benton Harbor. The business is in St. Joseph, “on the other side of the tracks,” celebrating this. The individuals of Benton Harbor would no doubt like to see its revenue-producing businesses stay home. When it comes to payday loans, Lansing should be concerned about keeping its moneymakers around because a financial czar might be waiting in the wings.
Citations
The Maddow Blog
maddowblog.msnbc.msn.com/_news/2011/04/18/6489195-whats-at-stake-in-benton-harbor
NWI Times
nwitimes.com/news/local/govt-and-politics/article_61f251e3-379e-5576-adde-8954a51e9131.html
Payday Pundit
paydaypundit.org/2011/04/18/too-prominent/
Protesters pack govt meeting (Manchester, NH)