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LA Times blogger defends payday lending

March 11, 2008 | LA Times, media coverage, positive media coverage | Comments (0)

A Los Angeles Times blogger agrees with former Sen. George McGovern that the government should stay out of the business of restricting credit.  Money quote:  “Government is almost as good at quashing economic activity in the hood as it as at complaining about the lack of opportunity in the inner city.”

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