We at CFIF have consistently highlighted the peril of federal, state and local government efforts targeting…
CFIF on Twitter CFIF on YouTube
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.

•…[more]

November 27, 2023 • 03:57 PM

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Immigration
Title Filter     Display # 
# Article Title
1 Democrats' Noncitizen Voting Scam

If you think offering migrants luxury hotel rooms, free meals, laundry service, transportation, health care and immigration lawyers is excessive, just wait until they can vote. Democrats are pushing to allow noncitizens to vote in local elections in New York City, Boston and other municipalities, as well as statewide in Connecticut.  The number…

2 Joe Biden's Intentional Crisis

The continuing incursion of illegal border crossers into the United States is the most astonishing story in American politics. There have been days recently in which 10,000 people crossed illegally into the country – and remember, in a long-ago era, when Barack Obama was president, a tenth of that was considered a crisis.  The…

3 In Migrant Crisis, New York Still Can't Face Reality

New York City Mayor Eric Adams has taken a leading role among Democrats in conceding the damage done to local communities by the Biden administration's policy of allowing millions of illegal border crossers to remain in the United States. Adams recently raised eyebrows in his party by saying the arrival of thousands of illegal asylum-seekers, with…

4 Migrant Surge a Disaster For Learning

Democratic politicians and the liberal media made the first day of school all about welcoming migrant children. That's sheer propaganda. Parents deserve the truth. The migrant surge is a disaster for their kids.  The surge will worsen our education system's twin failures: plunging math and reading scores, and the failure to ensure newly arriving…

5 New York City: A Sanctuary No More

Recently, New York Mayor Eric Adams announced that the city has printed thousands of flyers it plans to distribute at the U.S.-Mexico border. The flyer has a simple message to illegal border-crossers: Don't come to New York. The headline is in all caps: "UPDATES TO ASYLUM-SEEKERS FROM THE CITY OF NEW YORK." The flyer goes on to say that…

6 MS-13: From El Salvador to Your Neighborhood

MS-13 gang members commit savage crimes – beheading their targets with machetes, hacking off their hands, burning them to death, dismembering them. Demonic acts. If you think these crimes won't happen where you live, keep reading. The gang's rule is "kill, rape, control." Members are required to kill. MS-13 brings terror…

7 Democrats' New Rule: Migrants First, Everyone Last

Democrats' new rule: If you're not a migrant, go to the back of the line. Gary Moretti and his fiancee booked 30 rooms at The Crossroads Hotel in Newburgh, New York, for their bridesmaids and guests for a June 24 wedding. But New York City Mayor Eric Adams' migrant-first policy demolished their plans. Over the last two weeks, Adams has rolled out…

8 Biden's Open Borders Bringing Diseases to Your Neighborhood

Ready for another pandemic? New York City's health commissioner announced last week that the influx of migrants from the southern border – more than 50,000 to New York City alone in the past year – is delivering contagious diseases, including tuberculosis and polio, to our neighborhoods. The same disease threats are…

9 Is Mexico Really an American Friend?

Left-wing Mexican President Andres Manuel Lopez Obrador recently praised a visiting President Joe Biden: "Just imagine: There are 40 million Mexicans in the United States - 40 million who were born here in Mexico, (or) who are the children of people who were born in Mexico!" Why wouldn't Obrador be delighted? Since Biden took office in January…

10 Biden and the Sanctuaries' Dilemma

This column has written previously about the fundamental difference between Republicans and Democrats when it comes to the crisis on the U.S.-Mexico border. When confronted with more than 2 million illegal border-crossers overwhelming U.S. authorities on the border last year – and 250,000 more crossers last month indicates the figure…

11 Hotel America Needs to End

My sister-in-law, a nurse on Cape Cod, wants to visit New York City and is struggling to find an affordable hotel. If she were a Venezuelan migrant who had just arrived in the Big Apple on a bus from the southern border, she'd have a shot at a room at the four-star Row hotel, steps from Times Square. Or a room at a SpringHill Suites by Marriott, a…

12 With Visit, Biden Makes Things Worse on Border

Republicans have spent two years demanding that President Joe Biden visit the U.S.-Mexico border. They wanted Biden to face the real-world consequences of his border policy and the burden it has placed on Americans not only in the border states but around the country. Now the GOP has gotten its wish; Biden visited the border at El Paso, Texas, on Sunday…

13 Democrats Partner With Mexican Cartels: A Deal With the Devil

The Mexican drug cartels are killing off our friends and family members with fentanyl manufactured in superlabs south of the border and smuggled into the U.S. President Joe Biden could care less. Biden is in Mexico claiming he's seeking the Mexican government's help to stop the carnage. Truth is, the trip is a dog and pony show. Photo-ops, empty promises…

14 Most Americans Don't Know How Bad the Border Crisis Is

This week could mark the most consequential development on the U.S.-Mexico border since January 2021, when President Joe Biden essentially opened the nation's doors to millions of illegal border crossers. Depending on how court fights turn out, Title 42, the Trump-era measure that allows the U.S. government to quickly return illegal crossers to Mexico…

15 Martha's Meltdown Model

Martha's Vineyard has been all over the news. The tony resort community so loves aiding and comforting the undocumented immigrants who were flown in from Florida that it hugged them – for all of 48 hours. Oddly, the Left became unhinged when red-state governors – whose states the last two years were flooded with some…

16 Freakout Over Martha's Vineyard Flight Ignores the Real Problem

Much of the nation's political and commentary class had a near-nervous breakdown when 48 Venezuelans who had crossed illegally into the United States arrived at the Martha's Vineyard Airport, not far from the summer homes of some of the country's wealthiest and best-connected people. When they realized what had happened, many Democrats and allied voices…

17 D.C. Feels Sting of Biden Border Policy

Recently, this column focused on the Biden administration's practice of allowing illegal border crossers to stay in the United States. Documents made public as a result of a lawsuit over border policy revealed just how many illegal crossers the administration has admitted into the country. The documents showed that 1,049,532 illegal border crossers…

18 Biden Lets In 1 Million Illegal Border Crossers – Maybe 2 Million

Have you been following the court case Biden v. Texas? It's not in the headlines every day, but court filings in the case are giving us the best picture yet of what the Biden administration is doing on the U.S.-Mexico border. And the news is very, very bad. Much of what follows comes from the very informative reporting of Andrew Arthur, at the Center…

19 America Must Welcome More STEM Talent

The Biden Administration has somehow managed to worsen our immigration debate by creating a national security crisis on our southern border, as anyone beyond Biden’s most hardened corps of bad-faith apologists acknowledges.   By the same token, however, most Americans agree that legal immigration to the United States must be encouraged…

20 The (Continuing) Border Crisis

These days, the news is dominated by reporting on the Russian threat to Ukraine, by increasing fatigue with COVID restrictions across the United States and by the continuing rise of inflation. All of those are indeed newsworthy, but another newsworthy subject – the mess on the U.S.-Mexico border – is receiving relatively…

21 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 village in central Connecticut, 3,500 miles from the Mexican border. But illegal drugs flowing across that border nearly killed a 16-year-old student at Bloomfield High School two weeks ago. He tried marijuana, not knowing it was laced with fentanyl…

22 A Disaster Entirely of Joe Biden's Making

The more we learn about the true dimensions of the crisis at the U.S.-Mexico border, the worse it is. Now, a new report says that in the last few months, U.S. authorities have encountered illegal border crossers not just from Mexico, or the Northern Triangle countries of Guatemala, El Salvador and Honduras, but from 160 nations around the globe. People…

23 Biden's Migrant Blackout

Is there something missing from press coverage of the thousands of unaccompanied children who have illegally crossed the U.S. border from Mexico and are now in the custody of the Biden administration? Yes, there is something missing – pictures. Descriptions of the conditions in which the children are being held indicate a worsening…

24 The Border Crisis May Be Coming to Your Kids' School

The Biden administration is scrambling to shelter thousands of unaccompanied minors crossing the southern border from Central America. The media are declaring the crush at the border a "crisis."  Truth is, this crisis could be heading to your school district. If your kids are in public school or you pay school taxes, you need to know…

25 White House in Denial about Border Crisis

During the 2020 campaign, candidate Joe Biden promised to undo President Donald Trump's border security policies. He pledged to halt all deportations for 100 days and allow asylum seekers who enter the United States illegally to stay in this country while their cases are considered, rather than wait in Mexico, as Trump required. It was obvious that…

26 Democrats' 'Immigrants First' Policy

President Donald Trump's key immigration rule change, to discourage immigrants from relying on public health programs, food stamps, housing assistance and other welfare, got derailed on Friday by three federal judges. Their decisions, blocking Trump's rule from going into effect, are wins for Democrats and immigration lobbyists. America's poor are…

27 Count on Migrants From the World Over to Exploit U.S. Immigration Laws

Word is spreading worldwide — even as far as sub-Saharan Africa — that the U.S. has an open southern border and an open checkbook. This summer, thousands of Africans from Cameroon, Congo and other violence-plagued countries are forming caravans, preparing to cross our southern border. Border agents from the Del Rio area of Texas…

28 Dems Want to Insure Illegals, Don't Care About Vets and Middle Class

It's official. Democratic Party Chair Tom Perez confirms the Party fully endorses free health care for illegal immigrants. That puts illegals ahead of veterans struggling to qualify for civilian care, middle-class working stiffs priced out of Obamacare and baby boomers facing the likelihood of Medicare cuts. At last Thursday's Democratic presidential…

29 What Now, For Those Who Denied a 'Crisis' At the Border?

Congress is debating emergency humanitarian aid to care for migrants on the U.S.-Mexico border. The need is obvious. With virtually no barrier to stop them, thousands of migrants are crossing illegally into the United States every day. More than a million will come this year. U.S. law prevents border officials from quickly returning them. While they…

30 Rescue Border Towns and Taxpayers With 'Remain in Mexico'

President Donald Trump scored a win on Friday when a federal appeals court gave a temporary green light to the president's "remain in Mexico" program. The idea is to keep asylum seekers south of the border until they get their day in court. It's urgently needed to help border towns such as McAllen, Texas, and Las Cruces, New Mexico, which…

 
Page 1 of 4
Notable Quote   
 
"Hunter Biden's offer to testify before the House Oversight Committee is a clever evasion, nothing more. The president's son says he will testify only if the hearing is publicly televised. Nice try. Subpoenaed witnesses don't get to set the terms. The committee does.Why make an offer that is bound to be rejected? For two reasons. The PR goal is for Hunter to appear willing to testify, when he actually…[more]
 
 
— Charles H. Lipson, Professor Emeritus of Political Science at the University of Chicago
 
Liberty Poll   

What grade would you give the Biden administration thus far regarding all aspects of its approach to the Hamas/Israel conflict?