As misguided politicians and regulators continue to target short-term lenders, which provide American…
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Image of the Day: Sure Enough, Credit Card Balances Are Exploding

As misguided politicians and regulators continue to target short-term lenders, which provide American consumers with vital financial lifelines when the only alternatives are skipping payments, bouncing checks, running up credit card debts or even going to dangerous loansharks, we've consistently noted how short-term lenders' role becomes increasingly important as the U.S. economy deteriorates and credit card reliance skyrockets.  Sure enough, the New York Fed numbers provide an alarming illustration:

[caption id="" align="aligncenter" width="546"] Credit Card Debt Skyrocketing[/caption]

All the more reason to protect consumers' access to legal, reliant, efficient short-term lending rather than irrationally target it.…[more]

December 05, 2022 • 02:38 PM

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Jester's Courtroom Legal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts
The Washington Fantasy World
By Byron York
Wednesday, August 03 2022
An odd atmosphere has descended on Washington, D.C. At the precise moment the government announced that the economy shrank for the second consecutive quarter – the popular definition of a recession – Washington pundits began talking about what a great week President Joe Biden was having. And they meant it sincerely, not ironically.  Why was it such a great week? Two reasons, according to the new conventional wisdom. One, the Senate passed a bill providing billions in subsidies to the semiconductor industry. Conservatives denounced the measure as a pork-laden…
 
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Quiz Question   
The first U.S. oil-producing well was founded in 1859 near which of the following towns?
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Notable Quote   
 
"New York politicians are slapping a badge on my chest. A law going into effect Saturday requires social-media networks, including any site that allows comments, to publish a plan for responding to alleged hate speech by users.The law blog I run fits the bill, so the law will mandate that I post publicly my policy for responding to comments that 'vilify, humiliate, or incite violence against a group…[more]
 
 
—Eugene Volokh, Co-founder of the Volokh Conspiracy Blog and a Law Professor at the University of California, Los Angeles
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Congress is debating adding $45 billion more than requested to defense spending for 2023. Considering a fragile economy and geopolitical threats, do you support or oppose that increase?