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Blossoms & Barbs: Sept. 5, 2009
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I'd like to give The Monroe Times a huge bouquet of blossoms >concerning the "Our View" column of Aug. 28 entitled, "Bill not tough enough on payday loans." A quote: Wisconsin is the only state in the nation that doesn't cap interest rates on the loans. We'd still have a usuary law that would cap rates at 36 percent per year, which would be better than allowing payday loans to average 542 percent per year.