Wednesday, November 25, 2009
'The Wild West'

WGBH's Frontline had a terrific program last night on our legalized loan-shark industry, otherwise known as the credit-card industry. ... Anyone else would have been thrown in jail for the shenanigans they've pulled over the years. But not everyone gets racket protection from Congress, which, needless to say, isn't the 'invisible hand' Adam Smith had in mind years ago.
  5:55 AM




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