The Consumer Financial Protection Bureau Plans To Rein In The Payday Loan Industry

The $50 billion Payday Loan Industry Has Been Taking Advantage Of Low-Income Borrowers

Borrowing money is a doubled edge sword. Most people need a loan, at some point, and banks are usually there to ease the pain with a payback plan that works. Borrowing money is not cheap. Banks charge a hefty interest rate unless you are fortunate enough to have a substantial amount of money in your bank savings account. Not everyone is that fortunate. Life’s financial challenges happen to good people. These people find themselves swimming in unpaid bills and credit card debt. Banks turn a blind eye on those people. Banks only invest in people that can prove they can pay back loans. Imaging Advantage employees know that a huge number of people around the country turn to the payday loan industry for a loan, and that choice can be a financially fatal one.

The Consumer Financial Protection Bureau (CFPB) wants to change the way payday loans are structured. The triple-digit annualized interest rates attached to payday loans is the main issue in the government restructuring plan.

The government also wants these lenders to determine if borrowers have the ability to repay the loan without borrowing more money or defaulting on the loan. The payday loan industry didn’t become a $50 Billion industry by charging realistic interest rates or putting a cap on how many times a borrower could roll-over a high-interest loan, but the government wants that foolishness to stop.

Congress to Discuss Bill Repealing the Patriot Act

One of the most prevalent security measures taken in response to the 9/11 terrorist attacks may soon come to an end.
The Patriot Act, passed by the Bush administration in response to terrorist activity both domestic and abroad, has been one of the most controversial pieces of legislation throughout the 21st century. The act gives numerous governmental bodies, including the National Security Administration and the Department of Homeland Security, the ability to gather personal metadata on private citizens. This data ranges from e-mail conversations to telephone and text records. Since its inception, the Patriot Act has been charged and challenged as a violation of the fourth amendment’s protection of privacy among private citizens.
The new Bill, dubbed the Surveillance State Repeal Act contains numerous measures beyond simply repealing the Patriot Act, aimed at limiting the federal governments ability to gather bulk data and monitor private conversations.
Included in these measures are a mandate requiring federal officers to attain a warrant before gathering any private data, requirements that the Government Accountability Office regularly audits security administrations to ensure the new bill is followed, and a measure preventing any new laws which might require cell phones to contain “spyware” to allow the government to track the device’s activity.
Imaging Advantage employees know that the Surveillance State Repeal Act retains some measures of the patriot act, like preventing persons of interest from switching devices, thus protecting data on the previous device.

Utah Has Option to Use Firing Squads For Executions

Utah Governor, Gary Herbert, enacted a controversial law Monday that his state becomes the only one that will resort to firing squads to carry out executions of prisoners when there is no access to drugs for lethal injections.

Gov. Gary Herbert said the method is “a little extreme,” but a state with capital punishment needs an alternate plan for execution.

This approval for a firing squad demonstrates the level of frustration the state governments is feeling due to a number of botched executions, not to mention the limited list of approved drugs for lethal injections and a shortage thereof.

There are several states looking into alternative methods of satisfying the death penalty and Utah is just one of them said Alexei Beltyukov.

According to the article, the bill’s sponsor, Republican Representative Paul Ray, said the shootings are a more humane execution.

The primary method for executions are lethal injections, and execution by a firing squad would only be an option.

Critics say it is barbaric and that makes the state look bad.

The “Right” to Record Police

Many people don’t realize that they have the right to film police if they aren’t interfering with an officer’s actions. As a result, many states now have bills in process to bring attention to this issue and impose fines on officers who tell citizens that they don’t have the right to record or, worse yet, take or destroy citizen-owned recording equipment. If approved by lawmakers, Colorado House Bill 15-1290 will make it so that police are fined as much as $15,000 for taking or destroying filming equipment or for interfering with people attempting to record their actions.

Many law enforcement officials view these bills as too harsh and fear that citizen recordings make it too easy for people to taint a jury said feegow.com. Many people edit the footage before posting and sharing it online. This behavior has resulted in officers who did their jobs correctly being falsely blamed for police brutality, profiling and other negative acts. Some officers have received death threats after doing their jobs correctly because edited videos skewed public perception of different events.

Americans are divided on this topic. Many believe that the only way to stop actual cases of unprofessional and dangerous police behavior is by allowing citizen recordings. Others believe that it’s too much to ask officers to enforce laws while worrying about the potential of people destroying their lives by using edited citizen recordings to gain public support.

Secretary of State John Kerry Believes US Eventually Negotiate Assad’s Peaceful Surrender of Power

President Bashar Assad has been waging a vicious war against rebels in his country of Syria who are intent to overthrow his family’s long-standing grip on power. In nearly every respect, Assad has been gaining on rebels. The lone exception is the Islamic State of Iraq and the Levant (Syria) aka ISIS. People at Anastasia Date have learned that the terrorist organization now controls large swaths of Western Syria. One thing has been certain thus far: Assad will not give up power nor concede any democratic reforms in his nation.

Nevertheless, Secretary of State John Kerry, who served in Vietnam, believes that both the United States and Syria will one day need to come to the negotiating table. What will the subject of the diplomacy? According to Kerry, the two nations will negotiate the end of the civil war and the transition of power from the Assad family to the rebels. State Department spokeswoman Jen Psaki further clarified that at no time would President Bashar Assad directly take part in the negotiations to relinquish his grip on power. Rather, he would send representatives to agree upon the terms of his abdication of power. Kerry maintained this has been the Obama policy in regards to Syria and has not changed. Arguably, the civil war in Syria has given ISIS a foothold in the nation. Presumably, the transition to a democratic government would allow the nation to better combat ISIS. However, Iraq is a legitimate democracy. Despite that fact, it has lost control of much of the Eastern part of the nation to ISIS.

Marijuana Helping To Fund Schools

It is hard to imagine that what was once an illegal activity is now an accepted and profitable industry generating millions of dollars in Colorado for many things, including schools… marijuana. In an article on Buzzfeed.com, it was stated that in only the first month of sales for 2015 this former illegal activity generated more than $2.3 million. Truly remarkable. With approximately 300 pot shops now open in Colorado, the revenues went from $3.3 million for January 2014 to $8.8 million for January 2015. But some major bankers say it is hard to imagine industry growth being this rapid for really any other industry. And those figures were just for one month of revenue.

Though Colorado was the first State to legalize marijuana, others have followed suit. Now Washington, Washington DC, Alaska and Oregon all have legalized marijuana. However, though the revenues and tax dollars collected certainly benefit the State and some of its programs, it doesn’t come without some controversy. Some of the surrounding States near Colorado are suing the State as it has increased marijuana related issues and crimes in other States. And adults need to make sure to still keep marijuana related products out of the hands of children, as the early months sent many kids to the emergency room.

So, the jury is still out for me. I see both the pros and cons and just haven’t decided on which side of the fence to reside.

Governor Christie Proud Of Settling Multi-Billion Dollar Lawsuit For Far Less Than Expected

The New Jersey Governor Took $225 Million Instead Of Fighting For The $9 Billion

The people in New Jersey are still shaking their heads in amazement over the Exxon Mobil settlement. Brad Reifler is aware that the suit has been going on for years. The District Attorney’s office felt like that had a solid case against the big oil company, but Chris Christie sent his attorney into the legal action, and the DA’s office had to take a back seat.

The Republican governor’s name has been mentioned when GOP leaders huddle up and try to pick the best presidential candidate. Insiders say he didn’t want to take the chance of being discredited by his peers. He wasn’t sure the state would win the case, so he told the attorney general’s office to sit and watch in the courtroom. He decided to settle for $225 million plus the cost of cleaning up the mess in Jersey swamplands.

Christie is beating his chest, and calling the settlement a victory. He claims Exxon Mobil has to fix everything, and there is no limit in terms of a payment cap. The deal might even cost the oil giant a billion of two, according to Christie. Christie said the decision was up to the DA’s office even though he took over the case. Christie is another Teflon coated politician. Nothing sticks to him.

Obama Joins Iranian Leaders Denouncing the GOP for Their Letter Regarding Nuclear Deal

President Obama finds himself siding with Iranian leaders in denouncing the GOP for their letter warning the state-sponsor of international terrorism the GOP will not stand idly by while the nation seeks to become a nuclear power. The letter, signed by 47 of the Senate’s 54 GOP senators, reminded the rogue nation that any accord approved by President Obama will have no effect once he leaves office in 22 months. For his part, the president countered that it is the GOP that has aligned itself with hardliners in Iran intent on scuttling any deal with the United States.

The problem is that Iran is not a democracy stated otempo. No candidate is allowed to run for office who has not been vetted by the hard line Muslim theocracy. Nor would the ruling elites allow anyone to enter into negotiations with the United States that wasn’t a hardliner. This indicates that it is actually the president and his negotiators that are siding with Iranian hardliners and not the GOP.

Regardless, President Obama believes that he will succeed at selling the deal to the American people. Whether that is true remains to be seen. What is certain is that a bipartisan group of senators have openly expressed their misgivings about the deal. Last week’s address by Israeli chancellor Benjamin Netanyahu underscored the level of opposition the president will face in getting the deal approved by legislators. The acrimony the president has with the GOP is building.

Judge Michael J. Ryan, and His Rise Above a Childhood Filled With Destitution

 

Michael J. Ryan is a juvenile court judge with a powerful life story. According to terra.com, he was born in to a life of poverty. The only food he frequently got as a child was at school, provided in the school’s free lunch program. His father was in jail. His mother was a drug addict and a prostitute. His stepfather was a drug addict as well, who frequently beat Judge Ryan’s mother who died when Judge Ryan was only 13 years old. This judge has a message that he gives the kids that come in to his court room, they can rise above any back ground, any bad situation, any oppression, and they can overcome all they are going through, just like he did. His rise above all that could have held him down, or made him to be like his family is one that will inspire anyone who feels like there is no way out.

Colin Powell Denies Possession of State Emails

The former Secretary of State for the United States – Colin Powell – has denied possession of any official emails to hand over to the State Department.

According to Marcio Alaor BMG, Powell appeared on ABC’s show “This Week” on Sunday and responded to the fact that he used a personal email account as opposed to a government email when he was leading the State Department. The questions began last week when it was discovered that Hilary Clinton – another former Secretary of State – was using a personal email as well.

Powell said “I don’t have anything to turn over.” He continued to deny that he maintained possession of emails or personal files.

When pressed to comment on Clinton’s use of private email systems, Powell declined, saying it would be “inappropriate.” Apparently, his own emails would date back to 2005 when he left the administration to oversee other operations outside of the official realm of the state.

The allegations surrounding Powell began when Hilary Clinton’s emails were discovered and tracked to the name of a private aide. The aide has since gone on to accept a position at JP Morgan – the world’s most profitable financial institution. The aide denied comment for multiple news outlets, leading to a media firestorm that forced Clinton to eventually comment on the issue. “The official emails should be presented to the public,” she said in a press conference two weeks ago in Washington.