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  • The Meat Grinder
  • The Meat Grinder

    When the debt-collection machine comes for its pound of flesh
      Miller, a young, tireless consumer law attorney, is after information about the robo-signer’s work at Midland Credit Management, an arm of Encore Capital. Every year, Encore buys billions of dollars in credit-card debts and then sets out to collect — filing hundreds of thousands of lawsuits against the debtors.
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  • Ready, Set, Punt!
  • Ready, Set, Punt!

    Solving the debt-ceiling crisis is too hard. Why don’t we just let China handle it?
      The past couple of weeks have been pretty embarrassing for the GOP. For months they’ve said raising the debt ceiling is the biggest thing ever (never mind that they routinely raised the limit eight times in eight years under George W. Bush). They were going to stand firm: huge spending cuts or no deal.
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  • Debt Debate
  • Debt Debate

    We shouldn't raise the debt ceiling without reducing spending.
      When former Bill Clinton political adviser and Fox News analyst Dick Morris recently appeared before a Freedom Foundation event, he was critical of Republicans who voted for “only” $39 billion in spending cuts late last year in a presidential and congressional compromise to reduce federal spending.
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