Prosecutors Gonna Prosecute

Last week Dahlia Lithwick published a story tacking the harrowing tale of Mark Weiner, who was framed for a crime he didn’t commit by someone who asked him for a ride to her mother’s house. Tells Ms. Lithwick: Three years ago, one of the strangest criminal cases in recent memory began in Charlottesville, Virginia, where I live, […]

France Kinda Sucks Right Now

Uber is such an obviously good thing for consumers that the amount a government opposes its operations serves as a test for that government’s level of corruption. DC shut it down a few times, New Orleans was Uber-free forever, and of course Las Vegas has yet to permit the ride-sharing app to legally operate. Last […]

Living in a Trans World

Trans fats are not healthy.  Their increased consumption is tied to higher incidence of coronary heart disease, obesity, and diabetes.  For this reason, the FDA yesterday revealed a rule that will ban all trans fats over the next three years.  Generally, I would caution consumers against a large intake of trans fats if they are interested in living long, healthy […]

CFPB Resource Disconnect

Since December, 2011 the CFPB has received 385,876 consumer complaints. Consumers’ Research created the below table based on a tally of complaints against specific financial products. The areas the CFPB is most focused on in 2015, automobile lenders, payday lenders, and title loan processors, are highlighted in red. Together these areas account for under 3% of consumer complaints. Sub-product […]

Submarine Pirates: Periscope Starts War With Hollywood

The economics of Saturday evening’s Mayweather-Pacquiao boxing match were staggering. Pay-per-view subscriptions cost $100 for households and in the up to tens of thousands for bars and restaurants. This viewing revenue exceeded $400 million, a new record for a single event. New streaming apps, notably Meerkat and Periscope, allow any consumer with a smartphone to share […]

Warren Buffet’s Bitcoin Hypocrisy

“Stay away from it. It’s a mirage, basically,” -Warren Buffet, on bitcoin Warren Buffet has maligned bitcoin as a “mirage” and stated it’s a joke that anyone would invest in the currency or technology.. His longtime partner in Berkshire Hathaway, Charlie Munger, has called bitcoin “Rat Poison.” Warren Buffet owns 3% of Goldman Sachs, who last night was […]