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Posted by: Wolfie2007 11 months, 1 week ago

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    Wolfie200711 months, 1 week ago

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    Great article, thanks for posting it.

    FTA
    have no real dispute with much of this. What troubles me, however, is the presumption that the State must protect certain people from taking out a loan that they themselves are seeking in the first place! I rather think predatory lending is when the taxpayer lends the government money to finance the clean-up of a malady that government policy caused. (Actually, in that case lending is a bogus description. That scenario sounds more like theft.) But maybe I'm getting ahead of myself.

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