Reason In the Air


If you're paying too much for your optional ARM or interest-only loan, tune in to Airtalk with Larry Mantle (actually guest host Jon Beaupre), a gabfest on NPR Los Angeles affiliate KPCC 89.3 FM, which was kind enough to have me on a panel about the U.S. Comptroller's new guidelines on "predatory lending." Listen here.

Reason has chiseled interest in the expansion of financing in the past: James Twitchell took a look at how the longterm debt revolution put more money in everybody's pockets, while Mike Lynch said a prayer for the legal loan sharks of "payday lending."