August 2, 2011
Payday lenders are a sanctioned part of America’s growning ‘poverty industy’
I submit that "growning" is a combination of growing and groaning.
Wealth cannot be sustained over a long period of time when the poorest of a community are exploited.
For what it is worth, I very much tend to agree. The abundance of subprime mortgages to those who could not afford them was simply an early symptom of what is to come.
FOMC Statement: 25bp Rate Cut
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Fed Chair Powell press conference video here or on YouTube here, starting
at 2:30 PM ET.
FOMC Statement:
Available indicators suggest that economic activ...
29 minutes ago
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