Republican Governor Dennis Daugaard just hammered a stake through the heart of the payday lenders’ big lie that Initiated Measure 21 is a liberal Obama-Clinton plot. After telling Bob Mercer last week that he was thinking about voting for the real 36% rate cap, the Governor has announced that he voted Yes on 21 and No on U!
In a statement released Tuesday by his office, Daugaard said that he doesn’t feel strongly either way about Measure 21, but he thinks the state does have a role to play in protecting consumers.
“I am usually more comfortable voting for an initiated statutory change than a constitutional amendment, because it is easier for the legislature to amend later if there are unforeseen consequences” [Mark Russo, “Daugaard Reveals a ‘Yes’ Vote on IM-21,” KELO Radio, 2016.11.07].
I’m the last guy to say do something just because the Govenror says do it… but in this case, doing like Dennis is a darned good idea. Initiated Measure 21 is no liberal plot; it’s a reasonable way to protect South Dakotans from loan sharks. Even our conservative Governor is willing to vote for it… although with his talk about amending it in the Legislature “if there are unforeseen circumstances,” we’d better send some independent-thinking legislators to Pierre to keep the Governor from messing with 21 once the voters pass it.