Although Arkansans continue to think they are being wise in the short-term, the end result could be the demise of many of the state's locally owned banks.

ECONOMIST: Usury laws: The bad side of town | The

But Arkansans soundly rejected usury referendums in 1988 and 1990.

ECONOMIST: Usury laws: The bad side of town | The

Huckabee, while governor, raised taxes on Arkansans several times.

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In a sad twist of history, he blames the rumour on the tribes in Oklahoma who have a strong vested interest in luring Arkansans across the border to gamble in their own casinos.

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Bill Clinton was only 46 when he was elected the 42nd president of the U.S. Fourteen years earlier, he had been the nation's youngest governor when his fellow Arkansans elected him in 1978.

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My dad was a good Democrat, and he was a great Arkansan, and he was very typical of Arkansans in that he was very independent-minded, as am I, and as most of my constituents.

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