A Profile in Political Courage

Representative Doug QuellandYesterday, Representative Doug Quelland demonstrated political courage when he stopped a bill which would have allowed certain financial institutions to jack up their lines of credit an additional $3,000 and their annual interest rates to, get this, 113 percent!

Quelland voted with three Democrats to stop the measure from reaching committee approval which effectively killed the bill for now.

Other lawmakers were caught off guard and surprised. Representative Andy Biggs:Biggs said he was surprised with the outcome, and he had told the eight committee members the legislation was needed because borrowers seeking unsecured loans typically can’t get a loan from a traditional bank or credit union. He also said the national financial meltdown has made obtaining a loan even more difficult.

“What you have to realize is there are people who need these loans. Where will they turn?” Biggs said. (Arizona Republic)

The answer to Biggs’ question is another question. Do we really want people like this taking loans that they will never repay? Do we really want to see more people get themselves into financial bondage after what we’ve witnessed over the last six months? Have Americans not yet learned a lesson that debt is a bad thing?

Proverbs 22:7 states, “The rich rule over the poor, and the borrower is slave of the lender.”

Doug Quelland did the right thing yesterday. As an evangelical, Quelland is practicing what he preaches and for that, I applaud him.

The Truth About Debt (Dave Ramsey)


  1. On 3.5.09, Mr. Biggs simply did a strike everything amendment to HB 2071 and changed a traffic school bill into his shameful usary bill.

    Now we have this 113% interest loan bill going through his transportation & infrastructure committee.

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