Posted by Warm Southern Breeze on Monday, December 19, 2016
Chalk One Up for the Working Man
By Donald V. Watkins
©Copyrighted and Published (via Facebook) on December 18, 2016
Used with permission
On Thursday, I tried a case for a close friend on mine in the Jefferson County, Alabama District Court in Bessemer, Alabama. My friend is a hard working Bessemer resident and family man whose world was turned upside down when Citibank sold his credit card account to San Diego-based junk debt buyer, Midland Funding, LLC. He is one of millions of bank credit card customers each year whose accounts are bundled in loan pools and then sold to junk debt buyers without the customer’s knowledge.
Midland Funding is one of several mega junk debt buyers in America. This group of financial sharks buys unsecured bank debt for pennies on a dollar and then strong arms debtors who miss one or more of their monthly payments. Midland is part of a multi-billion industry of shady financial predators.
In my friend’s case, Citibank sold his account to Midland Funding. The balance on the account was $6,800. My friend paid his credit card monthly on a regular basis, but had an unexpected hiccup in his monthly cash flow a couple of years after he opened the account. As a result he failed to make a couple of his payments on time. When this occurred Citibank sold my friend’s account to Midland, and Midland eventually sued my friend. This is how my friend became my client.
Remember, Citibank had a similar hiccup during the Great Recession of 2008. The bank requested and received a total of $181.6 billion in federal bailout assistance to keep from collapsing. In fact, Citibank led the banking industry’s “welfare queens” by receiving more financial bailout assistance than any big bank in the U.S.
Citibank’s “Thank You” to the taxpayers like my client, whose tax dollars made the financial bailout possible for these big banks, was the low-down act of selling his credit card account to a shark like Midland Funding. The big banks were quick to take taxpayer-sponsored financial assistance, but slow to give taxpayers similar financial assistance in return.
[Editor’s Note: Alamerica Bank, which is Read the rest of this entry »
Posted in - Business... None of yours, - My Hometown is the sweetest place I know | Tagged: abuse, AL, Alabama, ALpolitics, bailout, banking, banks, Bessemer, business, Citibank, county, court, credit, credit card, creditor, debt, district, District Court, employment, government, JeffCo, Jefferson, Jefferson County, job, junk, junk bond, law, Midland Funding, money, politics, problems, profit, sale, sharks, trial, troubles, Welfare, welfare queen | 1 Comment »
Posted by Warm Southern Breeze on Tuesday, August 21, 2012
Alabama‘s prison system will again be pushed to the taxpayers’ breaking point by stupidity such as this sentence. It is extreme – even with the increased severity of punishment required for habitual offenders.
This is the so-called “Three Strikes and you’re out” law in action.
Realistically, “Three Strikes and you’re out” only applies in baseball games. But someone thought it sounded cool, and morphed it into a law in California. Subsequently, California’s prison population has exploded because that state adopted that law. They’ve now seriously modified it. It may be time to rethink sentencing guidelines in Alabama. But the likelihood of that happening is practically negligible.
Thanks to our legislature, this man will now burden every honest Alabama taxpayer.
That’s not to say he and others like him should not be punished, but rather acknowledges the failure of a pop-culture-driven bumper sticker slogan to effectively remedy, ameliorate or mitigate criminality. In essence, there is little or nothing done to correct, and much done to punish. Oddly, every state has a “Department of Corrections,” rather than a ‘Department of Punishments.’ There’s a reason for that, and it’s because there is a two-fold purpose (to punish and correct), with the higher one being correction.
Yet standing in stark contrast is the as-yet-untried, and officially indefinitely delayed case of Amy Bishop, the Harvard PhD-educated biology professor who went on a shooting rampage and killed three, and wounded three other colleagues at the University of Alabama in Huntsville (UAH). Even though she has a track record of mental instability, Read the rest of this entry »
Posted in - Did they REALLY say that?, - Lost In Space: TOTALLY Discombobulated, - My Hometown is the sweetest place I know | Tagged: AL, Alabama, Alternative Dispute Resolution, Amy Bishop, conviction, crime, DA, Daniel Proctor, district attorney, Florida, Ford Explorer, Gun, HSV, Huntsville, Huntsville Alabama, Huntsville Times, jury, Laura Hamilton, lawyer, Life imprisonment, money, news, Patterson, pistol, prison, Proctor, Sentence (law), sheriff, theft, This is a cycle., This is not about Amy Bishop., trial, truck, USA, verdict | Leave a Comment »
Posted by Warm Southern Breeze on Tuesday, February 14, 2012
Were I to call Scott Beason a derogatory name, I would be falling into the same type trap & garbage dump in which he lives & from which he operates. So I shall refrain. However, suffice it to say what he says, and what he has done – collaborating with Kansas racist GOP Secretary of State Kris W. Kobach to write a horrid experimental law in Alabama – remains proof positive of their misguided notions. In their case, it’s not “airs of superiority,” they really believe it!
Judge says defense can play aborigine tape in bingo trial
Published: Tuesday, February 14, 2012, 4:23 PM Updated: Tuesday, February 14, 2012, 4:27 PM
Republican Alabama state senator Scott Beason
MONTGOMERY, Alabama — The federal judge in the State House vote-buying trial said he will let defense lawyers play recordings in which a wire-wearing legislator says disparaging things about black voters, if they become relevant during the trial.
U.S. District Judge Myron Thompson told prosecutors that it’s not his job to “sanitize” the motives of Sen. Scott Beason, R-Gardendale, who recorded State House conversations for investigators.
“These are obviously explosive, explosive recordings,” prosecutor Edward T. Kang told Thompson.
“I agree it’s explosive, but it’s only explosive because Mr. Beason made the comments,” Thompson responded.
Thompson said jurors should have the full picture of Beason’s possible motives when Read the rest of this entry »
Posted in - Did they REALLY say that?, - Faith, Religion, Goodness - What is the Soul of a man?, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: Alabama, Beason, bigotry, Birmingham News, corruption, gambling, hatred, Montgomery Alabama, Myron Thompson, racism, Republican, Scott Beason, trial, United States federal judge, Victoryland | 2 Comments »
Posted by Warm Southern Breeze on Monday, July 4, 2011
Tomorrow’s headlines today.
In a sure-to-be-a-hit-deal, a juror in the murder trial of Casey Anthony has signed a book deal with publishers for an undisclosed amount. Speculators have said the deal may be at least worth as much as Read the rest of this entry »
Posted in - Lost In Space: TOTALLY Discombobulated, - Read 'em and weep: The Daily News | Tagged: baby, book, book deal, Casey Anthony, Caylee, Caylee Anthony homicide, child, death, FL, Florida, HLN, Jane Velez Mitchell, jury, justice, murder, murderess, Nancy Grace, Orlando, Prosecutor, publisher, trial | 36 Comments »
Posted by Warm Southern Breeze on Thursday, February 18, 2010
Yeah… she’s a crazy ass bitch. No question about it.
But, do YOU want to pay out the nose for all the numerous and extensive mandatory appeals that accompany the death penalty?
Here’s an excerpt from today’s (Thursday, 18 February 2010) front-page Huntsville Times article by Staff Writer Patricia McCarter: “To receive a court-appointed attorney, a defendant must …Continue…
Posted in - Even MORE Uncategorized!, - My Hometown is the sweetest place I know, - Read 'em and weep: The Daily News | Tagged: Alabama, Amy Bishop, attorneys, crazy bitch, death penalty, death sentence, Department of Justice, DOJ, execute, faculty, Huntsville, taxpayer, trial, UAH, university, USDOJ | 2 Comments »