| Payday lending group tries clearer disclosure
The payday lending industry has been under a lot of scrutiny in Ohio and around the country in recent months. On Thursday, a group representing about 60 percent of the country's payday lenders announced a new initiative it believes will address the criticism. The Community Financial Services Association of America will now require each member of its organization to post their fees and rates on posters at least 18 inches by 22 inches in area with type at least half an inch tall. “We have an obligation to make sure our customers understand how much the payday advance will cost before they enter into the transaction," said D. Lynn DeVault, the president-elect of the association. Payday lenders always have been required to provide that information, but the new requirements will make it even more obvious to potential borrowers, DeVault said.
The Curse of Zog?
Black candidate rather than an American candidate, Obama is no longer in the running to be MY candidate. Meanwhile, alert emailer L argues-- Look at the exit polls out of Nevada (the only state so far that has a significant minority pop.) and the problem Obama has is with white women, not whites in general. White women were the largest segment of the voters (38%) and Hillary won them by 24 points, compared to just 6 points among white men. Clinton Obama white men 46% 40% white women 55% 31% non-white men 39% 55% non-white women 43% 51% I don't think that those women are voting for Hillary because he's black or they really like her. Just judging from the conversations I've had with women (who are mostly white) who are torn between Obama and Hillary, the "experience" question begins to take on gender and age aspects...
Chesapeake trailer operated as a brothel, State Police say
Six people have been charged in connection with what State Police say was a brothel that operated out of this Chesapeake residence, in the Providence Trailer Park near the Virginia Beach city line. Police say the place was open for business when the Christmas lights were on. (Steve Earley | The Virginian-Pilot) .
Lawsuit by city targets lender
District Court, alleges that California-based Wells Fargo Bank sold higher-interest subprime mortgages to blacks more frequently than to whites and that the practice, known as reverse redlining, violates federal housing law.
Lenders are increasingly coming under legal attack from borrowers and investors stung by the subprime mortgage crisis, but Baltimore's lawsuit could be the first in the nation in which a city is attempting to recapture costs associated with foreclosed homes that wind up vacant.
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POST A MESSAGE
Growing ever bolder in their naked grab for power they are leaving scorched earth behind those who disagree with them. This is why Dick Gephardt, Joe Lieberman, and Zell Miller no longer find themselves included in the modern Democratic Party. What is left over for the Democrats are wildly anti-American, anti-God, and anti-biblical leftists who are now bragging about their use of brute force to crush the voices of those who disagree with them. Perhaps that's why this week in one of the boldest moves yet by a sitting liberal, Democrat Assembly Speaker Fabian Nunez proclaimed, "The real purpose of SB 1437 is to outlaw traditional perspectives on marriage and family in the state school system." He continued, "The way you correct a wrong (perspective) is by outlawing.'Cause if you don't outlaw it, then people's biases tend to take over and dominate the perspective and the point of view." Nunez's solution to the people he disagrees with is to outlaw their ability to disagree with him.
Fumo rips auditor general for audit of student loan agency
A state senator on the board of Pennsylvania's student loan agency criticized an ongoing state audit of the agency's spending practices Thursday, alleging that it's politically motivated.
Sen. Vincent Fumo, D-Philadelphia, said the Pennsylvania Higher Education Assistance Agency's spending on business travel, entertainment and promotions have helped boost its revenues.
State Auditor General Jack Wagner announced last April that his office would audit PHEAA, citing news reports of lavish spending. The audit is expected to be completed by the end of June.
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