Mike Strong lives up to his name

A payday lender from El Dorado, KS, Mike Strong, engaged is some fairly vigorous debate with anti-payday loan activists.  Mike deserves lots of kudos for walking into the lion’s den and putting up a fight.  There are a lot of Mike Strongs in the industry, but we can always use more.  

Your tax dollars at work

This story highlights the activities of a government-paid busybody–the community affairs specialist at the Federal Reserve Bank of St. Louis,– who thinks it’s her job to put payday lenders out of business.  She says she’s just advocating for “cheaper alternatives” but this “advocacy” seems to cross the line.   So the industry is now paying taxes [...]