Quote:I can't help but laugh at how you bounce back and forth between corporate personhood. First they aren't people, then they don't exhibit loyalty, then they're greedy. You say they aren't people then point to how they act like people. Non-persons cannot be either loyal or greedy; those are traits of people, not institutions. 

 

And pay day loan businesses fill a very important gap in society. They provide money to people who couldn't otherwise obtain it. The high interest rates are because those people usually aren't credit worthy and because they have a very high default rate. Are you similarly opposed to used car lots that take weekly payments and charge 40% interest? Or do you just think business should assume all the risk without mechnisms to protect their profitability?

He is clearly pointing to the fact that the people that run the corporations run them in a manner that is just like people yet they do not face the ramifications as people. To try and spin it as you have, is disingenuous. 

 

I imagine he would be opposed to any businesses who's sole source of income is predatory lending practices. Something most people are probably against but then again I'm sure there are plenty of people that celebrate the genius of people to find ways to make insane amounts of money of those less fortunate. 

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