As inflation continues to spiral upward at multi-decade highs and with the U.S. economy now in recession…
CFIF on Twitter CFIF on YouTube
Amid Recession and High Inflation, Groups Like the "National Consumer Law Center" Seek to Narrow Rather Than Expand U.S. Consumer Lending Options

As inflation continues to spiral upward at multi-decade highs and with the U.S. economy now in recession, maintaining an "all of the above" array of lending options for American consumers becomes more and more important.  Unfortunately, activist groups like the "National Consumer Law Center" aim to do the opposite and limit rather than expand consumer options.

For a sense of consumers' growing desperation, consider a Federal Reserve report on exploding credit card debt, as highlighted by Steve Cortes:

How have consumers dealt with these skyrocketing prices? The simple answer, unfortunately: via credit cards, particularly for working-class households. Just last week, the Federal Reserve Bank of New York issued a damning report on this credit binge for consumers, into a pronounced economic…[more]

August 18, 2022 • 06:06 PM

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Jester's Courtroom Legal tales stranger than stranger than fiction: Ridiculous and sometimes funny lawsuits plaguing our courts
Biden's Putin Appeasement Has Been Years in the Making
By David Harsanyi
Friday, February 25 2022
"One small thing to be thankful for is that DJT is not in the White House as the Ukraine crisis unfolds. He'd side with Russia," tweeted Francis Fukuyama, author of "The End of History and the Last Man." The headline on Eugene Robinson's Washington Post column reads, "With Biden standing firm, Putin must wonder: Where's Trump when I need him?" You could find similar sentiment from foreign-policy experts strewn across social media. Surely, even former President Donald Trump's most passionate antagonists must be slightly curious as to why Russian President Vladimir…
 
Latest Survey Confirms: Conservatives Remain Significantly Happier Than Liberals
The results are in, again:  Conservatives are happier than liberals.   That shouldn’t…
Read more...
Democrats Are Building a Wall to Keep Out Truckers
Seven-foot fencing topped with razor wire will be installed surrounding the U.S. Capitol next week, in…
Read more...
 
The (Continuing) Border Crisis
These days, the news is dominated by reporting on the Russian threat to Ukraine, by increasing fatigue…
Read more...
Doxing Day in Canada
In Canada, first the doxing, then the struggle session. This week, one of the most popular small-donor…
Read more...
 
Biden Energy Blunders Beget Global Instability and Domestic Pain
The peril of presidential policy blunders is that, by the time their consequences become obvious, it’s…
Read more...
Hillary Clinton's Greatest Masterpiece
Hillary Clinton's never-ending shenanigans in 2015-2016 could be summarized as an attempted slow-motion…
Read more...
 
The Border Crisis Reaches Your Child's Middle School
Think you live too far from the Mexican border to be hurt by the chaos there? Bloomfield is a picturesque…
Read more...
Yes, They Spied On Trump
One of the most contentious claims Donald Trump ever made was his insistence that he had been the target…
Read more...
 
Biden's Afghanistan Debacle Looks Worse and Worse
While the Biden administration's chaotic and inept withdrawal from Afghanistan was unfolding in August…
Read more...
Biden Administration Pushes Destructive Pro-Union Agenda that Workers Continue to Abandon
In the abstract, labor unions would appear to be enjoying a resurgence in public approval.  …
Read more...
Quiz Question   
How many U.S. Presidents have donated virtually all their presidential salaries to various causes?
More Questions
Notable Quote   
 
"The surest sign that public policies are simply virtue signals is when the messages don't cost anything. The easiest way to tell when that signal starts to fail is to watch politicians flounder as the costs start to rise and voters demand relief. ...Changes like this happen when voters realize the old virtue signals actually entail serious costs -- and that they will have to pay them. That is exactly…[more]
 
 
—Charles Lipson, the Peter B. Ritzma Professor of Political Science Emeritus at the University of Chicago
— Charles Lipson, the Peter B. Ritzma Professor of Political Science Emeritus at the University of Chicago
 
Liberty Poll   

How many times a week do you feel misled by news stories?