June, 2010
USA Today pay day loans alternatives article is misleading
Opponents of payday lending tend to argue that there are cheaper pay day loans alternatives accessible. When this does apply to those individuals who have the credit to have opportunities, those consumers with average to less-than-average credit may find personal loan companies to be a lot more accessible. You wouldn't know this if you believed ...
General McChrystal publicly rips administration in Rolling Stone
General Stanley McChrystal is being called on the White House carpet after a magazine article released this week quoted the general and his staff criticizing the Obama administration and its Afghanistan strategy. Via videoconference, McChrystal and Obama meet regularly to discuss Afghanistan. But after the Rolling Stone McChrystal profile broke, detailing the general's disdain for ...
Digital Electronic License Plate – California hacker’s paradise?
The California State Assembly is set to consider a bill in the next few days that would green-light "Digital Electronic License Plate" technology. These digi-plates would turn any license plate into a mobile advertising space, flashing ads if the car sits still for a lot more than four seconds. With there being no formal opposition ...
South Carolina House overturns veto of pay day loans bill
On June 7, South Carolina Governor Mark Sanford issued a veto of H.3790, a pay day loans bill that would have extended the payment term of the standard loans to an untenable 120 days or more while nevertheless requiring the exact same fees. In addition, an approved H.3790 would have rid South Carolina of both ...
Lee Farkas, mortgage lender, charged with TARP fraud
When the U.S. federal government created the Troubled Asset Relief Program, it was intended to help bail out lenders in trouble. The estimated amount that TARP would cost has been considerably less than expected. Fraudulent practices have led to a $ 1.9 million charge against just one lender. The SEC has charged Lee Farkas with ...
