Once upon a time we thought life was fair. Then we grew up. When unfairness is blatant, wouldn't it be fun to shout: Hey, that's not right!
Fraudulent worker compensation claims in New York are sapping taxpayer and insurance dollars while a backlog in the review of injured worker cases prevents approximately 12,000 disabled claimants from the financial help they deserve, posted by Rick Karlin on Timesunion.com.
Gambling favors the house, particularly if you're the Swiss casino visitor who was recently prevented from claiming his winnings in Austria, reports Yahoo.com's Trevor Mogg.
Baby Boomers are revisiting the notion of civic responsibility. Elected officials at the state and city level will be scrutinized and held accountable for how they spend dwindling tax revenues. Officials who misappropriate funds, overpay employees and have repeatedly employed contractors producing shoddy work or delaying deliveries invite a challenge in upcoming elections. The era of ignoring warning signs as California did for years is no longer an option for taxpayers (or anyone who buys their bonds).
Some cities made generous pension promises to employees that they now realize they will be unable to fulfill. Municipalities caught in this trap face bankruptcy to discharge long term debt. Where would that leave their retired citizens, their bond holders? The New York Times covers the deal retired police and firefighters are working out in Rhode Island to avoid such a drastic move.
On the heels of a massive financial judgment against allegations of discriminatory lending practices of the former Countrywide mortgage company, Minnesota is reported to have a high concentration of charter schools focused on a specific cultural tradition or race. Baby Boomers who invested much of their energy in ensuring integration in public school systems will scratch their heads in wonderment as they read the online Bloomberg coverage. We have to ask ourselves is the current political divisiveness silently sanctioning the rise of a type of separateness we thought we put to bed for good?
Capital One Financial Corp., a financial institution with a large collections component continued to illegally pursue the debts of former credit card customers who had declared bankruptcy reports Jessica Silver-Greenberg for the Wall Street Journal.
As if to highlight the huge gap between consumers and corporate executives Verizon management has announced it will add $2 fees for online bill payers. (Did the company warn customers of upcoming fees when they sent monthly billing statements that promoted a savings in postage and time for customers who paid online?) Upddate: Executives alarmed by public reaction cancelled the fee.
Talk about unfair! Republicans attempted to punish President Obama for promoting a payroll tax cut by insisting that revenue to fund social security would be decimated if such a bill were passed. Cross the pond to BBC News for balanced coverage of the story and you will discover that by adding a small fee to mortgages, the bill does not disturb the flow of social security funding: "The two-month extension will cost $33bn but be covered by a 0.1% increase on guarantee fees for home loans backed by federal mortgage lenders Fannie Mae and Freddie Mac."
Why are health insurers permitted to segregate individual policyholders in "pools" which at their discretion they stop selling into? This artificially fixes the number of participants which gradually decreases by attrition, forcing premiums up. Policyholders keep paying more... Existing policyholders are destined to pay a higher premium than healthy people purchasing a new plan populated by younger purchasers. If insurance companies pooled ALL individual policyholders together, wouldn't premiums remain more manageable? Who's watching out for the consumer???
Baby Boomers are revisiting the notion of civic responsibility. Elected officials at the state and city level will be scrutinized and held accountable for how they spend dwindling tax revenues. Officials who misappropriate funds, overpay employees and have repeatedly employed contractors producing shoddy work or delaying deliveries invite a challenge in upcoming elections. The era of ignoring warning signs as California did for years is no longer an option for taxpayers (or anyone who buys their bonds).
Some cities made generous pension promises to employees that they now realize they will be unable to fulfill. Municipalities caught in this trap face bankruptcy to discharge long term debt. Where would that leave their retired citizens, their bond holders? The New York Times covers the deal retired police and firefighters are working out in Rhode Island to avoid such a drastic move.
On the heels of a massive financial judgment against allegations of discriminatory lending practices of the former Countrywide mortgage company, Minnesota is reported to have a high concentration of charter schools focused on a specific cultural tradition or race. Baby Boomers who invested much of their energy in ensuring integration in public school systems will scratch their heads in wonderment as they read the online Bloomberg coverage. We have to ask ourselves is the current political divisiveness silently sanctioning the rise of a type of separateness we thought we put to bed for good?
Capital One Financial Corp., a financial institution with a large collections component continued to illegally pursue the debts of former credit card customers who had declared bankruptcy reports Jessica Silver-Greenberg for the Wall Street Journal.
As if to highlight the huge gap between consumers and corporate executives Verizon management has announced it will add $2 fees for online bill payers. (Did the company warn customers of upcoming fees when they sent monthly billing statements that promoted a savings in postage and time for customers who paid online?) Upddate: Executives alarmed by public reaction cancelled the fee.
Talk about unfair! Republicans attempted to punish President Obama for promoting a payroll tax cut by insisting that revenue to fund social security would be decimated if such a bill were passed. Cross the pond to BBC News for balanced coverage of the story and you will discover that by adding a small fee to mortgages, the bill does not disturb the flow of social security funding: "The two-month extension will cost $33bn but be covered by a 0.1% increase on guarantee fees for home loans backed by federal mortgage lenders Fannie Mae and Freddie Mac."
Why are health insurers permitted to segregate individual policyholders in "pools" which at their discretion they stop selling into? This artificially fixes the number of participants which gradually decreases by attrition, forcing premiums up. Policyholders keep paying more... Existing policyholders are destined to pay a higher premium than healthy people purchasing a new plan populated by younger purchasers. If insurance companies pooled ALL individual policyholders together, wouldn't premiums remain more manageable? Who's watching out for the consumer???
