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Toyota

Since the Dilly, Dally, Delay & Stall Law Firms are adding their billable hours, the Toyota U.S.A. and Route 44 Toyota posts have been separated here:

Route 44 Toyota Sold Me A Lemon



Showing posts with label Consumer Financial Protection Bureau. Show all posts
Showing posts with label Consumer Financial Protection Bureau. Show all posts

Sunday, November 10, 2019

RSN: William Boardman | US Policy: Global Climate Crisis Not Our Problem. Really?





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09 November 19

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Reader Supported News
09 November 19
It's Live on the HomePage Now:
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RSN: William Boardman | US Policy: Global Climate Crisis Not Our Problem. Really?
Pollution from a factory. (photo: Science Focus)
Williams Boardman, Reader Supported News
Boardman writes: "By withdrawing from the Paris climate agreement, the US is effectively saying the global climate crisis is not our problem. This is American exceptionalism run amok. The US acts as if it can opt-out of the only planet we have because, well, because we're special. This is not logical, this is not practical, this is not moral, and this is not possible."

This is delusional. This is a crime against humanity. And yet the House Democrats remain obsessed with the low-level intrigues of Ukraine, Trumps, Bidens, and other clowns while turning away from the growing global catastrophe. Yes, there’s some evidence of minor-league failed chicanery on several sides of the Ukraine mashup. But the case is a joke compared to the climate crisis, and our Democratic leadership chooses to focus on the picayune over the universally tragic.
It’s not as though American leadership hasn’t had time to prepare. Forty years has been enough time for most nations to take climate issues seriously and to start responding responsibly. New Zealand has become the first to vote to achieve zero carbon admissions by 2050 (not good enough, but the best there is). Internationally, the response has been uneven and overall inadequate, but only the US is in such deep institutional denial. Only the US is pulling out of the Paris accord, only the US thinks it knows better than every other nation in the world, only the US believes in its own magical exceptionalism. Secretary of State Mike Pompeo, making the official US announcement on Twitter on November 4, invoked American exceptionalism in his dishonest assertions:
Today we begin the formal process of withdrawing from the Paris Agreement. The U.S. is proud of our record as a world leader in reducing all emissions, fostering resilience, growing our economy, and ensuring energy for our citizens. Ours is a realistic and pragmatic model.
At the same time that the US was boasting of its non-existent leadership on climate, the peer-reviewed science magazine BioScience published an article titled World Scientists’ Warning of a Climate Emergency that represented the first time scientists have used the word “emergency” in reference to climate change. The paper was signed by 11,258 scientists from 153 countries and began:
Scientists have a moral obligation to clearly warn humanity of any catastrophic threat and to “tell it like it is.” On the basis of this obligation and the graphical indicators presented below, we declare, with more than 11,000 scientist signatories from around the world, clearly and unequivocally that planet Earth is facing a climate emergency. [emphasis added]

Exactly 40 years ago, scientists from 50 nations met at the First World Climate Conference (in Geneva 1979) and agreed that alarming trends for climate change made it urgently necessary to act. Since then, similar alarms have been made through the 1992 Rio Summit, the 1997 Kyoto Protocol, and the 2015 Paris Agreement, as well as scores of other global assemblies and scientists’ explicit warnings of insufficient progress (Ripple et al. 2017). Yet greenhouse gas (GHG) emissions are still rapidly rising, with increasingly damaging effects on the Earth's climate. An immense increase of scale in endeavors to conserve our biosphere is needed to avoid untold suffering due to the climate crisis (IPCC 2018).
At the same time, in another attack on the American environment, Trump’s Environmental Protection Agency was rolling back clean water rules. The EPA was relaxing controls on toxic coal ash pools, which contain mercury, arsenic, and other dangerous chemicals, allowing them to pollute waterways near coal-fired electric plants. According to Democracy NOW, Food & Water Watch has vowed to sue the Trump administration over the rollback of the rules, which it says would “lead directly to more water contamination, more birth defects, more childhood cancer and more pain and suffering for American families — all for the sake of a dirty industry’s last grasp at profits.”
According to President Trump, “We ended the war on beautiful clean coal.” There was no “war” and there is no “clean coal.” The real war has been waged by coal, oil, and other energy industries against the American people and the world. Exxon knew what the problem was 40 years ago and lied. Based on corporate behavior, capitalism is both homicidal and, more slowly, suicidal. Political behavior offers little reassurance. This is the second time the US has reneged on a climate treaty supposedly negotiated in good faith. The first time was when President Bush pulled the US out of the 1997 Kyoto Protocol. In between, establishment Democrats have managed only limp and limited responses to the climate crisis.
No establishment party presidential candidate for 2020 offers adequate leadership on climate, as assessed by Greenpeace in an elaborate, detailed scoring system. Only one candidate was rated A+ and that was Bernie Sanders. Three others were rated A- and they were, in order of score, Elizabeth Warren, Tom Steyer, and Cory Booker. The rest were all rated lower, with Bill Weld and Donald Trump at the bottom, each with an F. The two-party system hasn’t stepped up on climate issues and shows no likelihood of doing so in the near future – unless Democrats somehow nominate a candidate willing to cope with reality. Even then, we face an uphill struggle to save ourselves in opposition to entrenched narrow interests.
Sanders and Warren are the leading Democrats promoting serious structural change for the country. They are both getting substantial, frequently dishonest pushback from the powers of the status quo. Billionaire Jamie Dimon, CEO of JPMorgan Chase ($30 million annual compensation) recently took a potshot at Elizabeth Warren. She “vilifies successful people,” Dimon complained falsely, offering no example. Maybe he feels personally hurt and vilified by Warren’s generic call for billionaires to pay a fair share for their country’s general wellbeing. Dimon has been attacking Warren for years, especially for her effort to create the Consumer Financial Protection Bureau to reign in predatory banking. Dimon is a successful banker. Whether he’s a successful person is less clear in the fog of greed and privilege that shrouds his life, unmarked by any significant contribution to the common good. Warren was quick to respond:
It’s really simple: Jamie Dimon and his buddies are successful in part because of the opportunities, workforce, and public services that we all paid for. It’s only fair that he and his billionaire friends chip in to make sure everyone else has a chance to succeed….

The fact that they’ve reacted so strongly – so angrily! – to being asked to chip in more tells you all you need to know. The system is working great for the wealthy and well-connected, and Jamie Dimon doesn’t want that to change. I’m going to fight to make sure it works for everyone.
In addition to leaving the Paris accord, Trump’s policy of global ecocide now includes sending US troops into eastern Syria to secure Syrian oil. How is this not a nexus of impeachable offenses? What right does the US have to seize Syrian oil? What authority has Congress given Trump to use the military to seize Syrian oil that is best left in the ground for the sake of the planet?
Perhaps the first candidate to respond to Trump’s retreat on the climate accord, Elizabeth Warren wrote at length in The Guardian, outlining her plans to respond to the climate crisis.
President Trump surprised no one with his decision to withdraw from the agreement. It is yet another reckless choice in line with his steps to rollback our bedrock environmental laws, which have cleaned up our water and our air for decades. But that doesn’t minimize the gravity of his latest move. Trump is not only ceding American leadership at a critical juncture in the fight against climate change, he’s also giving away American jobs in the clean energy economy of the future – walking away from the greatest economic opportunity of our time.
The conventional wisdom of the day, especially among establishment Democrats and Republicans in general, is that taking measures to address the climate crisis adequately is just too expensive. We can’t afford it, they argue. And, yes, those measures would be expensive, especially when looked at in isolation. But the climate crisis is upon us. All signs are that it is accelerating and that even the chance of mitigation is limited and time is running out. What few seem to understand is that the cost of effectively addressing the climate crisis will be trivial when compared to the cost of NOT addressing the climate crisis.
It’s a long way to the next presidential election, with no assurance that an entrenched establishment will allow us to have a candidate worth voting for.


William Boardman has been writing for Reader Supported News since 2012. A collection of his essays, EXCEPTIONAL: American Exceptionalism Takes Its Toll, was published in September 2019 and is available from Yorkland Publishing of Toronto. He is a former Vermont assistant judge.
Reader Supported News is the Publication of Origin for this work. Permission to republish is freely granted with credit and a link back to Reader Supported News.







Friday, January 4, 2019

'They Destroyed Me.' How Wells Fargo Wrongly Forced Hundreds of Families to Sell Their Homes


THIS DESERVES TO STAND ALONE FOR THE ABUSE BY WELLS FARGO THAT DESTROYED PEOPLE'S LIVES.

THIS IS WHY A WELL FUNDED CONSUMER FINANCIAL PROTECTION BUREAU [CFPB] IS ESSENTIAL TO PROTECT CONSUMERS FROM VULTURES SUCH AS WELLS FARGO. 

DON'T THINK REPUBLICANS WILL PROTECT US. THEY NEVER HAVE. 


Michaela Christian, shown outside of her current home in Lake Havasu City, Arizona, was forced by Wells Fargo to sell her Las Vegas home or lose it to foreclosure in 2013. (photo: Joe Buglewicz/The Washington)
Michaela Christian, shown outside of her current home in Lake Havasu City, Arizona, was forced by Wells Fargo to sell her Las Vegas home or lose it to foreclosure in 2013. (photo: Joe Buglewicz/The Washington

'They Destroyed Me.' How Wells Fargo Wrongly Forced Hundreds of Families to Sell Their Homes

By Renae Merle, Los Angeles Times
04 January 19

ichaela Christian lost a long battle with Wells Fargo in 2013 to save her Las Vegas home, a defeat she says changed the course of her life. When the bank refused to modify her mortgage, Christian moved in with a friend and scrambled to rebuild her life.
Five years later, Wells Fargo admits it made a mistake. Christian, 46, qualified for the kind of mortgage help that may have saved her home after all.
It is a mistake the giant bank admits it made nearly 900 times over several years, pushing hundreds of distressed homeowners into foreclosure.
Christian said that when she learned of Wells Fargo's error, "I was sick to my stomach."
"They destroyed me and destroyed my everything."
Wells Fargo's admission is part of a cascade of lapses that increased scrutiny of the San Francisco bank with some Democrats in Congress calling for the ouster of its chief executive, Tim Sloan. Over the last two years, the bank paid more than $1 billion in fines after admitting it opened millions of bogus accounts customers didn't want and then found itself in more trouble after improperly repossessing thousands of cars.
The bank has repeatedly apologized for its missteps but is struggling to repair its image. Customers who lost their homes are being offered compensation or can enter mediation, company officials say.
Wells Fargo says an internal review found the bank denied help to hundreds of homeowners after fees charged by foreclosure attorneys were improperly used when the bank determined whom to offer mortgage help. The computer error began in 2010 and was not corrected until last April, the bank said.
Overall, 870 homeowners were denied help for which they qualified, including 545 who lost their homes to foreclosure. Wells Fargo says it has reached most of the customers affected and set aside $8 million to compensate them, though industry analysts say that number is likely to increase.
The revelation echoes the complaints of thousands of borrowers in the years after the financial crisis that banks were stingy about offering help with borrowers' exploding loans.
"Wells Fargo failed to maintain its systems, failed to find problems when they occurred and then masked the problem for years," said Alys Cohen, staff attorney for the National Consumer Law Center.
Christian bought her home in 1998, when she was just 24. At the time, the three-bedroom home was on the outskirts of a growing Las Vegas. There weren't a lot of stores nearby, but Christian said she loved the neighborhood. "In the 15 years we were there, everything was perfect," she said.
But in 2011, Christian lost her job as a bartender as the economy continued to sputter after the global financial crisis. Then she was in a car accident that left her with a fractured pelvis and crushed tibia. "I wasn't even able to walk for seven months. I couldn't work."
One of her first calls for help, she said, was to Wells Fargo. Christian asked the bank to defer her more than $1,000 monthly mortgage payment or lower the 7% mortgage interest rate to the prevailing rate at the time, about 4%. That would have lowered her payments to about $500 a month, Christian said.
"They said, 'Have a nice day' and denied it," she said.
A few months later, Christian said, Wells Fargo began foreclosure proceedings against her. With the help of her father, she found a job that allowed her to maneuver with a cane, and spent months searching for help, she said. Christian said she even offered Wells Fargo an additional $4,000 to make up for some of her missed payments.
Ultimately, Christian said, she faced what she considered an unfathomable choice: sell her home or lose it in foreclosure.
"It was the last thing I wanted," she said. "I didn't want to uproot my son. He had grown up there."
After a quick sale of the home, Christian temporarily moved in with a friend and then into an apartment.
"I was in a daze," Christian said through tears. "I thought, 100%, I was going to be able to save my home. I had my finances in order. I could not for the life of me figure out why they wouldn't refinance."
The answer came in September when Christian received a letter and a $15,000 check from Wells Fargo, admitting its mistake.
"We want to make things right," the letter states. "We realize that our decision impacted you at a time you were facing a hardship."
Wells Fargo's letter didn't explain how it determined Christian was due only $15,000. She sold the home for $135,000 in 2013; Redfin now estimates it is worth about $250,000. And Christian estimates she had already accumulated about $30,000 in equity after making mortgage payments for more than a decade. And that, she said, doesn't include the $20,000 pool she had installed.
"You can't put a price on what we lost. The scars will be there forever. I will never get over it," said Christian, now part of a class-action lawsuit against the bank. "I still miss my neighbors."
Wells Fargo has declined to discuss what, if any, formula it has used to determine how much each customer is owed. The compensation offered each homeowner is based on "individual circumstances," said Tom Goyda, a bank spokesman.


Wells Fargo worked extensively with Christian and "completed multiple reviews in an effort to find an option that would allow her to keep the home," Goyda said. Unfortunately, he said, the bank was unsuccessful.
https://readersupportednews.org/news-section2/318-66/54265-they-destroyed-me-how-wells-fargo-wrongly-forced-hundreds-of-families-to-sell-their-homes




Wednesday, April 29, 2015

The Virtual Candidate


Great article! Excerpt below. Click on link to read the article in its entirety.



May 4, 2015 Issue

The Virtual Candidate

Elizabeth Warren isn’t running, but she’s Hillary Clinton’s biggest Democratic threat.

By




Friday, April 11, 2014

RSN: "America As the No. 1 Warmonger", Comcast, Time Warner and Congress: Perfect Together, et al


FOCUS: William Boardman | As for Ukraine, Is Anyone Playing This "Crisis" Straight?
Secretary of State John Kerry. (photo: Jim Watson/AFP/Getty Images)
William Boardman, Reader Supported News
Boardman writes: "Just when the U.S. Defense Secretary was in Japan giving indications that the Ukraine 'crisis' was over as far as the U.S. was concerned, Ukrainians of all sorts, other Washington officials, and even the Japanese government all pitched in to keep the 'crisis' alive, at least as a threat meme."
READ MORE

It's Live on the HomePage Now:
Reader Supported News


RSN FUNDING CRISIS: Not getting it done right now. Our readership and community have never been stronger. What gives? / Marc Ash, Founder Reader Supported News




Jimmy Carter: "America As the No. 1 Warmonger"
Former U.S. President Jimmy Carter. (photo: Reuters)
David Daley, Salon
Daley writes: "The rest of the world, almost unanimously, looks at America as the No. 1 warmonger."
READ MORE

Michael Winship | Comcast, Time Warner and Congress: Perfect Together
Michael Winship, Common Dreams
Winship writes: "You might not be able to get decent cable service or a good Wi-Fi signal but when it comes to Congress, Comcast is quite the attentive suitor."
READ MORE

Bank of America Must Refund $727 Million to Customers
Rob Garver, The Fiscal Times
Garver reports: "Millions of credit card holders who bought add-on services from Bank of America may be in line for substantial payments from the company thanks to the Consumer Financial Protection Bureau."
READ MORE

How the FBI Goes After Activists
Charles David, Vice Magazine
David reports: "Tom Burke was driving through a sleepy part of Grand Rapids, Michigan-an empty neighborhood full of abandoned warehouses-when he first noticed the vehicle tailing him."
READ MORE

DOJ: Serious Problems Found in Albuquerque Police
Russell Contreras, Associated Press
Contreras reports: "The federal agency on Thursday released a scathing report in response to a series of deadly police shootings that pointed to patterns of excessive force by Albuquerque police, constitutional violations by officers and a lack of training and oversight."
READ MORE

Students to Repay Loans Into Our 50s?
Holly Baxter, Guardian UK
Baxter reports: "The news this morning that students currently at university will be repaying their government loans well into their 40s and 50s comes as no surprise."
READ MORE

Tree Poachers Are Destroying California's Redwoods
Lindsay Abrams, Salon
Abrams reports: "Rank California's redwoods among the rhinos and elephants: a growing poaching crisis threatens the already endangered trees."
READ MORE