Skip to comments.
Sowell: Predatory Journalism
Creators Syndicate ^
| October 21, 2014
| Thomas Sowell
Posted on 10/20/2014 10:18:08 AM PDT by jazusamo
click here to read article
Navigation: use the links below to view more comments.
first 1-20, 21-31 next last
1
posted on
10/20/2014 10:18:09 AM PDT
by
jazusamo
To: abigail2; Amalie; American Quilter; arthurus; awelliott; Bahbah; bamahead; Battle Axe; ...
2
posted on
10/20/2014 10:19:35 AM PDT
by
jazusamo
(Sometimes I think that this is an era when sanity has become controversial: Thomas Sowell)
To: jazusamo
Our babies will be smart AND beautiful! BUMP!
3
posted on
10/20/2014 10:31:09 AM PDT
by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
To: jazusamo
Yes, Banks the world over go out of their way to lend their customers hard earned dollars to people who can’t pay it back. It’s a damned shame..................
4
posted on
10/20/2014 10:33:33 AM PDT
by
Red Badger
(If you compromise with evil, you just get more evil..........................)
To: Diana in Wisconsin
;-)
5
posted on
10/20/2014 10:39:35 AM PDT
by
jazusamo
(Sometimes I think that this is an era when sanity has become controversial: Thomas Sowell)
To: jazusamo
Editorial demagoguery against "predatory" lending might well be called predatory journalism I like that: The media are in many cases "predators".
6
posted on
10/20/2014 10:43:54 AM PDT
by
oldbrowser
(We have a rogue government in Washington)
Please bump the Freepathon or click above to donate or become a monthly donor!
7
posted on
10/20/2014 10:55:41 AM PDT
by
jazusamo
(Sometimes I think that this is an era when sanity has become controversial: Thomas Sowell)
To: jazusamo
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. No, it is making loans with "disclosed" terms the borrower cannot understand (being hidden in legalese) designed to force default and a profitable foreclosure.
8
posted on
10/20/2014 11:02:34 AM PDT
by
Carry_Okie
(Take the chip and let them hack your brain.)
To: Carry_Okie
I presume you are including MasterCard and Visa in your list of perpetrators?
9
posted on
10/20/2014 11:04:07 AM PDT
by
Pecos
(That government governs best which governs least.)
To: oldbrowser
> I like that: The media are in many cases “predators”.
I think of them more as bottomfeeders.
10
posted on
10/20/2014 11:20:10 AM PDT
by
Westbrook
(Children do not divide your love, they multiply it.)
To: jazusamo
So rather than just have a housing crisis based on NINJA LOANS (No Income No Assets ) we’d have a whole economy based on such foolishness. Maybe the New York Times is failing because they can’t do math or think logically... and we mistakenly thought it was the internet... Sowell would know... maybe he can address the New York Times...
11
posted on
10/20/2014 11:31:36 AM PDT
by
GOPJ
(The beast roams the earth... there's been a seismic shift in our world. Rabbi Shalom Lewis)
To: Diana in Wisconsin
Not to mention imaginary. :)
12
posted on
10/20/2014 11:34:08 AM PDT
by
Harmless Teddy Bear
(Proud Infidel, Gun Nut, Religious Fanatic and Freedom Fiend)
To: Pecos
I presume you are including MasterCard and Visa in your list of perpetrators? Actually no. I was thinking of land and emergency lenders demanding security, who are often overtly predatory.
13
posted on
10/20/2014 11:45:06 AM PDT
by
Carry_Okie
(Take the chip and let them hack your brain.)
To: Carry_Okie
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.
No, it is making loans with “disclosed” terms the borrower cannot understand (being hidden in legalese) designed to force default and a profitable foreclosure.
That is the more meaningful definition... The interest rate, not so much.
It’s like predatory parking regulations and speed enforcement...DESIGNED to cause violation.
14
posted on
10/20/2014 11:55:54 AM PDT
by
lepton
("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
To: Carry_Okie
You mean the sort of thing that Whitewater did and hired Hillary Clinton to defend them for it?
15
posted on
10/20/2014 11:56:29 AM PDT
by
generally
(Don't be stupid. We have politicians for that.)
To: jazusamo
These repercussions ... that almost invariably follow, the deterioration of existing housing...
I recall reports of Cali's Northridge quake did more damage because rent control over the years made it uneconomical to replace existing buildings with newer, more earthquake resistant buildings.
To: jazusamo
17
posted on
10/20/2014 12:00:47 PM PDT
by
papertyger
(Those who don't fight evil hate those who do)
To: Westbrook
I think of them more as bottomfeeders. Yes, feeding on the foolish, the inexperienced, the weak, the lazy.
Excellent insight.
18
posted on
10/20/2014 12:05:49 PM PDT
by
oldbrowser
(We have a rogue government in Washington)
To: lepton; generally
That is the more meaningful definition... The interest rate, not so much. Correct. "Predation" implies unethical or even borderline illegal behavior. Sowell is writing as if there is no such thing. There always has been.
19
posted on
10/20/2014 12:29:14 PM PDT
by
Carry_Okie
(Take the chip and let them hack your brain.)
To: Carry_Okie
20
posted on
10/20/2014 12:39:38 PM PDT
by
lepton
("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
Navigation: use the links below to view more comments.
first 1-20, 21-31 next last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson