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The Washington monthly's: Monthly Journalism Award.


It's it's  

1. Contraction of it is.

2. Contraction of it has. See Usage Note at its.


it's it is or it has
it's be ~have
 a cruel irony that being poor can be more expensive than being rich. One case in point is the "rent-to-own" business, which invites people without credit cards or savings to buy household appliances on monthly payment plans for hundreds of dollars more than the item's value. As Jonathan Jonathan (jŏn`əthən) [short for Jehonathan, Heb.,=Yahweh has given].

1 In the Bible, Saul's son and David's friend, both killed at the battle of Mt. Gilboa. David showed kindness to his son Mephibosheth.
 Epstein and Rod Watson explain in their comprehensive account of this predatory predatory

pertaining to predator.


predatory behavior
the hunting of birds, mice and small reptiles by cats and the hunting and herding behavior of dogs, often facilitated in a pack.
 industry, people living paycheck to paycheck eventually wind up spending as much as $1,700 on a $430 refrigerator, or $2,000 on a washer-dryer that sells for $660 at Best Buy.

Most states have legislation regulating the rent-to-own business. But according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 critics interviewed by Epstein and Watson, the laws are often "weak" and "written by the industry." In New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 state, rent-to-own stores take advantage of a legal loophole An omission or Ambiguity in a legal document that allows the intent of the document to be evaded.

Loopholes come into being through the passage of statutes, the enactment of regulations, the drafting of contracts or the decisions of courts.
 that allows them to determine the cash value of an item, rather than using the prevailing price at traditional retailers. The industry is also lobbying for federal regulations that would overturn some of the stricter state laws. (It probably doesn't hurt that Richard Armey sits on the board of Rent-A-Center, a national chain).

The typical response of the rent-to-own industry is that customers at regular retail stores who buy goods on credit plans pay about the same amount, once you add the interest and finance fees. Epstein and Watson did the math and disagreed--the refrigerator was still around $900 cheaper on a credit plan.

Jonathan D. Epstein and Rod Watson The Buffalo News, June 19, 2006 Rent-to-own buys misery for the poor"
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Author:Watson, Rod
Publication:Washington Monthly
Article Type:Brief article
Geographic Code:1USA
Date:Sep 1, 2006
Words:254
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