For more than two decades, America's bank deserts have been afflicted by convenient access to payday loans. As alluring as giant bottles of soda pop, this consumer-friendly form of credit may look refreshing, its critics contend, but it leaves a bitter aftertaste of misery and exploitation. Sometimes these critics have a point. Yet despite instances of egregious tactics–and despite persistent calls for stricter regulation of the industry–consumer demand for short-term, high-interest, uncollateralized credit remains strong. Entrepreneurial reform is happening across all sectors of the financial services industry, and, as Greg Beato writes in the December issue of Reason, a wave of consumer-oriented lending institutions is starting to hit critical mass.
"Although California's guidelines place restrictions on places of worship," Roberts wrote, "those restrictions appear consistent with the Free Exercise Clause of the First Amendment."
Aggressive police tactics are likely to worsen the situation.
What happened to staying at home to keep grandparents safe no matter what?
The Supreme Court could announce as early as Monday that it's revisiting qualified immunity, a doctrine that shields rotten cops from civil rights lawsuits.
They're using their Second Amendment rights to protect local businesses from riots and looting.