We at CFIF have consistently highlighted the peril of federal, state and local government efforts targeting…
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New Study Shows How Overregulating Short-Term Lenders Harms Consumers

We at CFIF have consistently highlighted the peril of federal, state and local government efforts targeting the short-term consumer lending sector.

Less than two years ago, we specifically sounded the alarm on a New Mexico law artificially restricting interest rates on short-term consumer loans.

Well, a new study entitled "A New Mexico Consumer Survey:  Understanding the Impact of the 2023 Rate Cap on Consumers" that surveyed actual borrowers confirms our earlier warnings:

Key findings include:

•Short-term,small-dollar loans help borrowers manage their financial situations, irrespective of the borrower’s income.

•The rate cap has failed to improve the financial wellbeing of New Mexicans, specifically those who had previously relied on short-term, small-dollar loans.


November 27, 2023 • 03:57 PM

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Home Jester's Courtroom A Royal Pain for Disney
A Royal Pain for Disney Print
Tuesday, September 30 2014

An author is seeking $250 million in damages from Disney, claiming the $1 billion box office animated hit film "Frozen" was plagiarized from her book.

In her lawsuit against entertainment giant Disney, author Isabella Tanikumi -- who also goes by L. Amy Gonzalez -- lists 18 "Frozen" elements that are similar to those included in her 2010 autobiography, "Living My Truth," including a story of two sisters, a village, betrayal, open doors/gates, and a "moon setting." In addition to monetary damages, the lawsuit seeks to have Disney "cease and desist from any and all sales, distribution and marketing of 'Frozen' in any media format."

"Ms. Tanikumi is a very private individual and does not wish to be interviewed at this time," Tanikumi's attorney, William T. Anastasio told news sources. "As the case moves through the courts, I am sure more information will become available concerning her claims."

Disney claims the animated blockbuster is loosely based on Hans Christian Andersen's fairy tale "The Snow Queen." When asked for comment, a Disney spokeswoman responded, "This is beyond ridiculous, she needs to let it go."

Source: money.cnn.com

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