Apr 24, 2009
Trying to get a decent loan during hard times is tough. Trying to keep your payments current to existing lenders is also tough, imagine not having a job, and wanting to do all that. This is not an education piece, but a "let's not go down that road again" piece. Predatory lenders thrive during the backside of a peak. When we refer to a peak we are talking about the point when our economy is just about to turn down. We have ... Read More
Apr 19, 2009
It's time for an official government inquiry into MediaSentry and the RIAA. A Chicago student said she was planning on killing herself because the RIAA promised her she'd land in court unless she paid almost $10,000 to 'settle'. She, "couldn't sleep, couldn't study, couldn't live a normal life because of the worry". RIAA 'evidence' came from MediaSentry, for which SafeNet paid $20 million in 2005 but which it virtually gave away only three years later for $136,000 cash with a promise of ... Read More
Apr 6, 2009
The victories just keep pouring in. Rep. Carolyn B. Maloney (D-NY) the sponsor behind H.R. 627, has got her bill through the sub-committe which provides the U.S. consumer one more tool towards protection from greedy credit card companies that have been running rampant with abuse for so long. The “Credit Cardholders’ Bill of Rights,” provides crucial protections against unfair, but unfortunately common, credit card practices.
Here is the summary of this bill, and what it will do for the consumer.
Ends Unfair, Arbitrary Interest ... Read More
Apr 4, 2009
Drug maker Bristol-Myers Squibb Company (BMS) will pay $2.1 million – the largest fine allowed by law – for failing to inform the Federal Trade Commission of agreements reached with Apotex, Inc., regarding potential generic competition to its blockbuster drug Plavix. BMS’s conduct violated a 2003 FTC Order and the Medicare Modernization Act, which requires that certain drug company agreements be accurately reported to both the Commission and the U.S. Department of Justice (DOJ). The complaint alleges that BMS failed to disclose ... Read More
Apr 2, 2009
Why not? Greedy investors such as Louis Navellier wants the American people to believe that Union's are at fault for this recession. Navellier claims that Union's " are forcing their hand to make corporations pay out big salaries to scheduled workers." Should the big salaries only be applied to SEO's.? The truth and consequence here is not holding organized labor at fault, but holding investors at fault. Shareholders keep re-electing top tier management, because they were able to get a higher yield ... Read More
