THE RANT Free market forces, sure

Virginia Gov. Tim Kaine wrote this week in a Wall Street Journal op-ed that the payday-loan industry is "an obvious consequence of free market forces responding to consumer demand." AFP editor Chris Graham points out other examples of free-market forces responding to consumer demand that are just as harmful as payday lenders in the course of shedding light on the hows and whys of the watered-down payday-lending reform effort in Virginia.
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