Progressive politicians have discovered a ripe target that is old populist demagoguing: payday loan providers In a message on Thursday afternoon, President Obama endorsed new proposed guidelines through the customer Financial Protection Bureau to split down from the lending industry that is payday. These short-term, high-interest loan providers have recently drawn fire from comedians like Sarah Silverman and HBO’s John Oliver. Payday lenders lead to a punching bag that is easy. Moneylenders will always be a popular target, and laws…