One difference between top executives and worker bees is that those at the top can lower the pay of those down below, while simultaneously raising their own pay. If you wonder what’s causing America’s rapidly-widening income gap, there it is.
Though they’ve tried to buffup their public image by calling themselves “consumer lenders,” their game remains the same ethical mess it’s always been. They target poor and financially struggling people, entice them to borrow with come-ons touting “quick and easy” money, then hook them to installment loans with interest rates up to 36 percent.
It’s bad enough that the goliaths of Big Beer are consuming each other in a new round of mega-mergers, meaning fewer choices and higher prices for consumers — but the really bad news is that they’re also going after the one bright spot on tap in bars all across the country: Craft beers.