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 Friday, October 5, 2012
It’s almost like trying to patch a roof while it’s leaking.
This Week in Alabama Politics
By Steve Flowers
It is basic public policy that you either have to raise taxes or reduce government services. It has become a cardinal sin in Republican politics to even say the word tax much less enact any increase in revenue. Our legislature is now overwhelmingly Republican and they are real Republicans. They take their no new tax pledge seriously as does our Republican governor. Therefore, when the dicing and crafting of the 2013 budget was being processed, new revenue enhancement measures were not on the table. It is doubtful that you will see any tax increase proposals anytime soon in the Heart of Dixie.
The state’s new budget year begins this week. It will be horrendous. There are draconian cuts to basic state services. Alabama has a constitutional amendment that mandates a balanced budget. We are in dire straits but at least we are not deficit spending like other states. California is teetering on bankruptcy.
This past year’s budget was bad. Teachers and state employees pay was cut this time last year. However, if you think that last year was bad, you ain’t seen nothing yet. This is the year that the chickens have finally come home to roost. The federal stimulus manna from Heaven has provided a lifeline salvation for several years but those dollars are gone. This fiscal year may well be the worst dilemma since the Great Depression.
My contention is that it is worse than the Depression years. During that era the state Read the rest of this entry »
Posted in - Politics... that "dirty" little "game" that first begins in the home. | Tagged: AARP, AL, Alabama, Alabama Medicaid, budget, disabled, elderly, GOP, governance, government, Great Depression, health, healthcare, Home Care, Home Health Care, Medicaid, Medicare, Nursing home, OpEd, policy, politics, Public policy, Republican, Republicans, Steve Flowers, tax, Taxation, taxes, United States, Welfare | Leave a Comment »
Posted by Warm Southern Breeze on Sunday, December 4, 2011
Here’s your “welfare queen,” America.
Feds: Seattle welfare recipient lives in million dollar home
by CHRIS INGALLS / KING 5 News
Posted on December 2, 2011 at 7:04 PM
SEATTLE — She lives in a beautiful waterfront home on Seattle’s Lake Washington. Yet, she’s on welfare assistance.
This week federal agents moved in to put a stop to it. They raided her south Lake Washington home armed with a search warrant.
KING 5 News is not naming the woman or her husband because they have not been criminally charged.
Search warrant documents unsealed Friday in federal court reveal that she received more than $1,200 a month in public housing vouchers, plus monthly cash from the federal and state government for a disability, as well as food stamps.
Property records show the woman lives in a 2,500 square-foot home, with Read the rest of this entry »
Posted in - Lost In Space: TOTALLY Discombobulated | Tagged: abuse, blues, cheat, fraud, luxury, millionaire, rich, Seattle, wealthy, Welfare | Leave a Comment »
Posted by Warm Southern Breeze on Thursday, December 1, 2011
Congress, it has been recently noted, has the lowest approval rating since record-keeping of that type has begun. In fact, it was noted with significantly ironic disdain, that more Americans favor the United States becoming a Communist nation than approve of Congress. Disapproval of congressional action – or inaction – has been duly noted by all members of congress, house and senate.
Regular readers of this blog will recognize that I have excoriated Republicans and their presidential nominee wannabes for numerous reasons, not the least of which is their blind obedience to their corporate masters – which in essence, makes them high-powered prostitutes – whores, if you prefer – and for the greatest part towed the line refusal to modify or raise – even slightly – of the rich, which has been the proposal of “some random person,” otherwise known as Grover Norquist. The reader may be interested to know that Mr. Norquist was “promoter of the “Taxpayer Protection Pledge” which was signed by 95% of all Republican Congressmen and all but one of the 2012 Republican presidential candidates – in which the signer promises to never, under any circumstances, support an increase in taxes.” That pdf document may be downloaded here.
Human nature what it is, many will be loyal to those whom sign their paychecks, particularly when powerful strings are attached to those checks.
And yet, while we respect loyalty, we also honor those whom stand upon principle, and whom are motivated and guided by selflessness and a genuine desire to help others – with liberty and justice for all – not just an elite cadre.
In that sense – especially in this Op-Ed – Senator Tom Coburn, R-OK, seems to be the voice of reason in the GOP. The reader may also be interested to note that Sen. Coburn was a signatory to that random lobbyist promulgated document. The lobbyist being none other than the Born-with-a-silver spoon-in-his-mouth-Harvard-educated Grover, whom federally-convicted felon-lobbyist Jack Abramoff also fingered in his recent tell-all. It is interesting to note that Sen. Coburn has chosen the high road.
End welfare for the wealthy
By Tom Coburn, Special to CNN
updated 2:10 PM EST, Thu December 1, 2011
(CNN) — The debate in Congress this week about whether to pay for extending the payroll tax cut by imposing a new tax on millionaires will have nothing to do with solving our nation’s economic challenges and everything to do with election-year politics. Senate Democratic leaders have already signaled they will use the debate as a purely partisan exercise designed to embarrass Republicans into opposing tax cuts for the poor while defending tax cuts for the rich.
I intend to offer an alternative. Instead of punishing the rich with higher taxes, I will give Congress the option of helping pay for extending the payroll tax cut by ending welfare to the wealthy. 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: avarice, business, change, Congress, famous, food stamps, GOP, government, handouts, income, morality, morals, Republican, rich, Robin Hood, stupidity, subsidies, Taxation, taxes, Tom Coburn, wealthy, Welfare | Leave a Comment »
Posted by Warm Southern Breeze on Saturday, August 27, 2011
Updated October 27, 2012 – Readers should be aware there is now two years of data. The original story was published in 2011, and the three new stories added are from 2012, and show similar data – that being, that the cost of the program to mandate drug testing for all public assistance recipients in Florida – is unproductive and wasteful, and costs more in tax dollars and time wasted than it purports to save.
Dedicated to everyone who believes that merely because some people need a helping hand that they’re automatically suspect.
It’s not a crime to be poor. And Christ said, “The poor you will always have with you.”
The line of thinking on drug testing goes like this: A.) The exceeding majority of public assistance recipients are lazy, good-for-nothing drug abusers, so B.) Taking them off the dole will save hundreds of thousands – if not tens of millions of dollars, so C.) Make them pay up front to defend themselves against the blanket accusation, and reimburse them if they don’t “come up dirty.”
Turns out, however, that only a measly 2% of recipients have been positive. In other words, the vast and exceeding majority of public assistance recipients – 98% – are law-abiding, non-drug abusing citizens.
What does that mean for the good, hard-working, tax-paying people of Florida? Why, they’re on the hook to cough up some reimbursement money to the folks that paid up front to be tested. And at $43,200/month, that’s over $518,000/year. Not exactly chump change – especially in tough economic times.
Why, even the old Charlie Daniels song acknowledges that Read the rest of this entry »
Posted in - Did they REALLY say that?, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: abuse, American Civil Liberties Union, assistance, assumption, Charlie Daniels, Christ, data, drug abuse, Drug test, facts, fallacy, Florida, Florida Department of Children and Families, Fourth Amendment to the United States Constitution, fraud, government, health, help, lies, money, neighbor, news, piss test, poverty, Republican, Republican stupidity, Rick Scott, Scott, state, stupidity, Substance dependence, Tampa Tribune, tax, taxes, truth, urinalysis, waste, Welfare, WFTV | 3 Comments »