So the Senate Banking Committee is trying to hash out legislation creating a new consumer protection agency that would have the power to write and enforce rules governing payday lenders, debt collectors and other financial companies that are not part of banks. Sen. Bob Corker (R-TN) is pushing to exempt the payday loan industry from [...]

Affordable public transportation is great, but this isn’t about that.  This is about taxes (bad) and deficits (real bad) and banks (oh my  god, what is up with these guys?) and government entitlements (hey, I like my entitlements!)  This is about finding a way to lower taxes, fund entitlement programs, eliminate budget deficits and stop [...]

CIT Group, a major lender to small business and recipient of federal bailout money, has filed Chapter 11. The government should stop lending to the Big Banks and start lending directly to the people who really keep the economy going.