Borrowers trapped into never-ending cycle of debt? California is a great place for studying the thinking -- or lack of thinking -- on the political left. The mindset of the left was recently displayed in a big, front-page story in the October 30th issue of the San Mateo County Times. It was an investigative reporter's expose of the "payday loan" business and its lobbyists. ... MOREThomas Sowell: Payday Loans
Borrowers trapped into never-ending cycle of debt? California is a great place for studying the thinking -- or lack of thinking -- on the political left. The mindset of the left was recently displayed in a big, front-page story in the October 30th issue of the San Mateo County Times. It was an investigative reporter's expose of the "payday loan" business and its lobbyists. ... MOREHousing Crisis Caused By Government, Not Bankers
Smoking-gun document ties policy to housing crisis. President Obama says the Occupy Wall Street protests show a "broad-based frustration" among Americans with the financial sector, which continues to kick against regulatory reforms three years after the financial crisis. "You're seeing some of the same folks who acted irresponsibly trying to fight efforts to crack ... MOREVIDEO: Economic Blue Smoke & Mirrors? You Decide.
Pinning down economist Jared Bernstein is like trying to grab an oiled pig.
Interviewer Jan Helfeld shows how it can be done.
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