An old rule of politics is to not let the perfect be the enemy of the
good. A new corrolary may be: Be wary of letting the good become the
enemy of the perfect. In both Michigan and Pennsylvania, conservatives reading the polls are looking to defuse a ticking political time-bomb: the minimum wage.
North Carolina was the first state to pass a law reining in shady
predatory lending practices, such as steep prepayment penalties,
balloon payments and the sale of high-cost loans to borrowers who could
qualify for lower rates. Soon a number of other states followed with
similar laws and the result, according to a new study, is that homeowners now save $9.1 billion per year.