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This guy calls himself a journalist?

March 23, 2008 | Center for Responsible Lending, Reuters, industry critics, media coverage | Comments (0)

Nick Carey of Reuters wrote this piece of bad journalism connecting payday loans to the housing crisis.  What’s his evidence?  The Center for Responsible Lending says so,; not even in one of their phony studies, but based on a few anecdotes.  He also had time to find SEVEN critics of the payday lending industry, but didn’t have time to find even ONE industry spokesperson or supporter.   Reuters is allegedly a “news” service, but we’ll use the standard set by Nick Carey and form our own opinion based anecdotes: Reuters is a propoganda outlet for anti-business zealots.  

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