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
10 Realities of Ukraine
By Victor Davis Hanson
Thursday, March 17 2022
One – Reassuring an enemy what one will not do ensures that the enemy will do just that and more. Unpredictability and occasional enigmatic silence bolster deterrence. But President Joe Biden's predictable reassurance to Russian President Vladimir Putin that he will show restraint means Putin likely will not. Two – No-fly zones don't work in a big-power, symmetrical standoff. In a cost-benefit analysis, they are not worth the risk of shooting down the planes of a nuclear power. They usually do little to stop planes outside of such zones shooting missiles into them.…
 
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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
— Eugene Volokh, Co-founder of the Volokh Conspiracy Blog and a Law Professor at the University of California, Los Angeles
 
Liberty Poll   

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?