Posted October 21, 2014 11:48 am by Comments

By Ammoland

Thomas Sowell

By Thomas Sowell

Thomas Sowell

California –-(Ammoland.com)- The New York Times is again on the warpath against what it calls “predatory lending.”

Just what is predatory lending? It is lending that charges a higher interest rate than people like those at the New York Times approve of. According to such thinking — or lack of thinking — the answer is to have the government set an interest rate ceiling at a level that will be acceptable to third parties like the New York Times.

People who believe in government-set price controls — whether on interest rates charged for loans, rents …read more

Via:: AmmoLand

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