"Predatory Borrowing"

I wish I'd thought of that term to describe less than honest mortgage borrowers. Economist Tyler Cowen apparently coined it "predatory borrowing". Perfect. The FDC has observed that contrary to CW, this practice is much more prevalent than the always maligned "predatory lending".

Michelle Malkin links the article too, and has more here.

This topic is deemed worthy of future posts. Watch this space.

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