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http://personalmoneystore.com/moneyblog/2009/02/11/az-politicians-payday-loans/ Politicians anything but fair with payday loans

What your legislators tell you its going to be.
what your legislators tell you its going to be.

Payday loans remain an issue in Arizona. Consumers want them, politicians who represent themselves and their squeaky wheel interest groups ahead of average constituents want them out. This legislation wastes taxpayer time over how payday loan and other legislation can make the ballot.

Daniel Scarpinato of the Arizona Daily Star reports that Arizona voters could have the chance to vote next year on how ballot measures make it to the polls. This was prompted by a number of issues among 2008 ballot measures, including the Payday Loan Reform Act (which was on the ballot as Proposition 200). New legislation would make changes to how citizens gather signatures and put items on the ballot and how legislators would refer items to the ballot. If voters green-light the measures, they would go into effect in 2012.
What can it be now?

Here are just a few of the changes big brother seeks:

* Reduce the number of total signatures that need to be gathered for an initiative to reach the ballot
* Allow legislative staff to propose changes to a proposal. Petition organizers can reject the changes
* Legislative staff will establish the official name of a ballot measure
To read more on this article please visit... http://personalmoneystore.com/moneyblog/2009/02/11/az-politicians-payday-loans/

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