Payday Lenders Are Just A Symptom  Payday lenders receive
buckets of bane for preying upon low-income, under informed
borrowers, as ruminated upon in a recent NYT piece:  “The
problem is that many people have difficulty weighing the trade-
off between immediate benefits and future costs. When confronted
with easy credit access, some inevitably borrow more than they
can reasonably expect to repay. Once they get in over their
heads, they borrow more, if the law permits. It was thus all but
certain that millions of society’s most economically vulnerable
members would borrow themselves into bankruptcy if confronted
with easy credit access. If we are unhappy about that, the only
recourse is to change the rules.”  ….but rather than blame the
payday loan centers….  “A more deserving target would be
legislators who supported lax credit laws in exchange for
campaign contributions from lenders — or, better still, those
who have steadfastly resisted campaign finance reform.”  Or
better, still, why don’t we get taught fis