Although Mandelson has been open to the charge of an excessive interest in presentational politics, his has a formidable ability to understand the needs of the modern media and adapt his message to those ends.
Oddly enough, few average Americans had sufficient liquid income to invest in Facebook, regardless of the excessive interest that the media demonstrated in it.
To stamp out the exploitative scourge of payday loan companies will require a combination of legislation against excessive interest rates and serious financial support for the credit union sector.
Aristotle argued that an inert commodity like silver, which did not bear fruit, should not carry interest.The concept of usury (an excessive interest rate) was developed by the Catholic Church, although the parable of the talents implies that money should be set to work.
Although hundreds of thousands of poor people are propelled every year into unsustainable debt as a result of being charged excessive interest rates, the coalition government announced in the summer that it would only look at "store and credit card interest rates" as part of its review of consumer finance.
If families are resorting to payday loans because they can't afford to get by, there is usually only one conclusion: they get sucked into a disastrous spiral of debt when excessive interest charges leave them with less and less cash to spend each month.
As Teddy Denis O'Haree), the stern E.P.A. agent, starts nosing around the farm and into the lives of Tim and Tom and Tina, too (yes, all the "T" names are a running, or rather galumphing, gag), we are presumably expected to see "Pig Farm" as an absurdist allegory of the current government's excessive interest in the affairs of its citizens.
Federal regulators plan to accuse Sallie Mae, the giant student lending corporation, of charging military personnel excessive interest on student loans, and the government is looking into similar allegations against other lenders.
DealBook » Sallie Mae to Be Accused of Overcharging Military Members on Loans | The New York Times reports: "Federal regulators plan to accuse Sallie Mae, the giant student lending corporation, of charging military personnel excessive interest on student loans, and the government is looking into similar allegations against other lenders".
Tens of millions more struggle with excessive interest rates that limit their economic activity and add to their debt (some now owe two or even three times what they originally borrowed).
