Predatory Legislating
The Dangers of Legislation That Confuses Good Intentions With Harmful Consequences
Yaron Brook has an excellent article at Forbes.com titled “Predatory Legislating.” Here’s an excerpt:
After months of deliberating over what, if anything, to do about the large number of defaults in the subprime industry and the lax lending and borrowing standards that led to them—the House has passed its answer: The Mortgage Reform and Anti-Predatory Le…
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