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NEW CONTENT MOVED TO MIDDLEBORO REVIEW 2

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 Sallie Mae. Show all posts
Showing posts with label Sallie Mae. Show all posts

Saturday, October 19, 2019

Garrison Keillor | The Days Pass, and Now and Then One Stands Out





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19 October 19

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Reader Supported News
18 October 19
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Garrison Keillor | The Days Pass, and Now and Then One Stands Out
Garrison Keillor. (photo: MPR)
Garrison Keillor, Garrison Keillor's Website
Keillor writes: "My father, John, would've been 106 years old on Columbus Day and though Columbus has been taken down a few notches, my dad is still on a pedestal."
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Ukrainian billionaire Dmytro Firtash in Austria's Supreme Court in Vienna on June 25. (photo: Herbert Neubauer/Getty)
Ukrainian billionaire Dmytro Firtash in Austria's Supreme Court in Vienna on June 25. (photo: Herbert Neubauer/Getty)

Is a Ukrainian Oligarch Helping Trump Smear Biden to Evade US Corruption Charges?
Robert Mackey, The Intercept
Mackey writes: "The conspiracy to reelect the president by misleading the American people about Joe Biden's work in Ukraine continues, despite the impeachment inquiry triggered by revelations that Donald Trump and his personal lawyer, Rudy Giuliani, tried to coerce Ukraine's government into investigating the former vice president."

EXCERPT:
Firtash has been stranded in the Austrian capital, Vienna, since 2014, when federal prosecutors in Chicago unsealed an indictment charging him with violating the Foreign Corrupt Practices Act, a federal law that makes it a crime for corporations and their subsidiaries to bribe foreign officials.
The Ukrainian billionaire was accused of “an alleged international racketeering conspiracy involving bribes of state and central government officials in India to allow the mining of titanium minerals” to supply Boeing, the Chicago-based aircraft manufacturer, in 2007. Firtash denies that he paid or recommended any bribes, and claims that his arrest, in the immediate aftermath of the popular uprising that toppled Ukraine’s pro-Russian president, Yanukovych, was a politically motivated effort by the Obama administration to block him from influencing the direction of Ukrainian politics.
Firtash, a backer of Yanukovych, is also a former business partner of the deposed president’s American political consultant, Paul Manafort. In 2008, Firtash and Manafort planned an $850 million real estate project with the Russian billionaire Oleg Deripaska to buy the Drake Hotel in Manhattan and convert it into a luxury property.





On September 20, a Reuters reporter photographed them having lunch in the hotel with a woman who looked like Toensing.



Energy Secretary Rick Perry. (photo: Petras Malukas/Getty)
Energy Secretary Rick Perry. (photo: Petras Malukas/Getty)

Energy Secretary Rick Perry Is Quitting After Being Subpoenaed in the Impeachment Probe
Nicholas Wu, USA TODAY
Wu writes: "Energy Secretary Rick Perry faces a subpoena deadline Friday to turn over documents relating to House Democrats' impeachment inquiry of President Donald Trump, a day after he offered his resignation."
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Ray Quinlan, CEO of Sallie Mae, told NBC News the trip was in part to celebrate a record year of  billion in sales. (photo: NBC News)
Ray Quinlan, CEO of Sallie Mae, told NBC News the trip was in part to celebrate a record year of billion in sales. (photo: NBC News)

Student Loan Company Flies Employees to Maui to Celebrate Record Profits as Millions of Borrowers Struggle With Payments
Catie Beck, Jackeline Pou and Ben Kesslen, NBC News
Excerpt: "As 1 in 5 American adults wonder how to pay off their combined $1.6 trillion in student debt, Sallie Mae executives and sales team members wrestled with a different question: Between meetings, how should they spend their time on their five-day paid trip to the luxury Fairmont resort on Wailea beach in Maui?"

EXCERPT:
Paige McDaniel, 39, took out a federal Sallie Mae student loan to pay for her undergraduate degree 20 years ago. Six years later, before the Sallie Mae split with Navient, she took out a private loan with the company to pay for her grad school.
“I thought they were the same kind of loans,” McDaniel, of the Denver suburb Elizabeth, said. A mother of two, she borrowed $120,000 for her tuition at Lakeland College for a master's in business administration, to help with the cost of living as she worked through school.
The agreement, which included a warning to read it before signing, said the interest rate was variable, but she says she doesn't remember being told the rate was much higher on the private loan.
After graduation, Sallie Mae expected McDaniel to pay “well over $1,500 a month,” she said.
“When I told them that, you know, I couldn't afford that, could we make some payment arrangements, they essentially said, 'So sorry, we'll put a lien on your house and garnish your wages if you don't make those payments,'” McDaniel said.
Now, McDaniel owes $304,000, even though she declared bankruptcy to protect her house after being unable to make her payments. She’s hired an attorney to sue Navient, arguing that bankruptcy should have cleared her debt because it was a private loan.
“There’s no way anybody can ever dig themselves out from underneath that,” McDaniel said. "They just don't see that there are families on the other side of this. It's not just my generation cause I have the loans, it affects my children. How am I going to send them to college?"
McDaniel's experience isn’t an outlier.
The attorney general of Illinois sued Navient and Sallie Mae in 2017, accusing the company of deceptive subprime lending, a failure to offer proper repayment options, and faulty collection practices.
“We worry about private student loans,” said Ashley Harrington, senior policy counsel on student debt at the nonpartisan Center for Responsible Lending (CRL). “They don’t have the same protections for borrowers” that federal loans have, she said.


ICE officer. (photo: Gregory Bull/AP)
ICE officer. (photo: Gregory Bull/AP)

A Mexican Immigrant in ICE Custody Died After Officials Waited More Than Seven Hours to Transfer Him to a Hospital
Hamed Aleaziz, BuzzFeed
Aleaziz writes: "A detention center holding immigrant detainees waited more than seven hours to transfer an ailing 37-year-old Mexican man to a hospital, where he died from bleeding in his brain, according to internal documents obtained by BuzzFeed News that reveal previously undisclosed details about the death and raise new questions about the man's treatment."
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Young demonstrators gather following a week of protests over the jail sentences given to separatist politicians by Spain's Supreme Court, on October 18, 2019, in Barcelona, Spain. (photo: Sandra Montanez/Getty)
Young demonstrators gather following a week of protests over the jail sentences given to separatist politicians by Spain's Supreme Court, on October 18, 2019, in Barcelona, Spain. (photo: Sandra Montanez/Getty)

Catalunya's Revolt Will Shake Spain Again
Simon Vazquez, Jacobin
Vazquez writes: "After the victorious mobilizations in Ecuador and the ongoing protests in Hong Kong, Catalunya could prove to be a fresh focus of conflict."
READ MORE

Bottlenose dolphin washed ashore in the Gulf of Mexico. (photo: AP)
Bottlenose dolphin washed ashore in the Gulf of Mexico. (photo: AP)

300 Bottlenose Dolphin Have Washed Up Dead on Shores of Gulf of Mexico. NOAA Not Sure What's Causing It.
Rachel Anderson, ABC News
Anderson writes: "Now, NOAA said dolphins are dying, but they don't know why. More than 300 bottlenose dolphin have washed ashore on the northern coast of the Gulf of Mexico since February. It has prompted NOAA to issue an 'Unusual Mortality Event.'"

CAUTION: 
Although the two dolphin mortality events are unrelated, NOAA said it's important for people to know what to do if they come in contact with a stranded dolphin.
Don't push it back to sea. It could be injured or sick. If it dies far from shore, it may take weeks for scientists to find it and impossible to determine what caused it to get sick.




Sunday, March 30, 2014

RSN: The Disgrace of Guantanamo, Hobby Lobby '...no Hanukkah decorations were stocked...', GOP Steps Up Attack on Early Voting in Key Swing States, et al


Jazz singer Esperanza Spalding and company on standing up for people held without trial in America’s most controversial prison.



It's Live on the HomePage Now:
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Amy Goodman | Barack Obama: The Least Transparent President in History
President Obama being escorted by the Secret Service. (photo: AP)
Amy Goodman, The Spokesman-Review
Goodman writes: "'My Administration is committed to creating an unprecedented level of openness in Government.' So wrote President Barack Obama, back on Jan. 29, 2009, just days into his presidency."
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Hobby Lobby's Secret Agenda: How It's Quietly Funding a Vast Right-Wing Movement
Eli Clifton, Salon

"These companies are trying to use their religion as a license to discriminate against others."

Clifton writes: "The company got in hot water last year when an employee told a blogger that no Hanukkah decorations were stocked '[b]ecause Mr. Green is the owner of the company, he's a Christian, and those are his values.'"
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Desmond Tutu | An Invitation to Forgive
Desmond Tutu, Reader Supported News
Tutu writes: "As a young boy, I spent many nights watching helplessly as my father verbally and physically abused my mother."
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GOP Steps Up Attack on Early Voting in Key Swing States
Ari Berman, The Nation
Berman writes: "The waits in Florida and Ohio were no accident, but rather the direct consequence of GOP efforts to curtail the number of days and hours that people had to vote."
READ MORE

Elizabeth Warren Grills Obama Administration on Sallie Mae Contract Renewal
Elvina Nawaguna, Reuters
Nawaguna reports: "U.S. lawmakers on Thursday grilled an Obama administration official on the government's decision to renew a contract with student loan servicing company SLM Corp, the subject of numerous government investigations."
READ MORE

Esperanza Spalding's "We Are America" Is the Catchiest Call Yet for Justice at Guantanamo Bay
YES! Magazine
Excerpt: "Esperanza Spalding is singing for freedom - not for herself, but for the 154 men who are still held indefinitely, without trial, at Guantanamo Bay."
READ MORE

Friday, September 20, 2013

Elizabeth Warren Takes on Sallie Mae

We should be proud Senator Elizabeth Warren represents Massachusetts!

Sen. Elizabeth Warren. (photo: Warren.gov)
Sen. Elizabeth Warren. (photo: Warren.gov)

Elizabeth Warren Takes on Sallie Mae

By Reader Supported News, Press Release
20 September 13

nited States Senator Elizabeth Warren today sent a letter to Treasury Secretary Jacob Lew and Education Secretary Arne Duncan questioning their departments' ongoing relationship with Sallie Mae despite Sallie Mae's pattern of breaking the rules and ignoring its contractual obligations.

"While the government has been quite tolerant of Sallie Mae's failings and helped Sallie Mae maintain its profitability, it is not nearly as generous when it comes to student borrowers," wrote Senator Warren. "For students who default on their federal loans, the accountability is relentless....Where is that kind of accountability for Sallie Mae?"
 
In the letter, Senator Warren asks Secretary Lew and Secretary Duncan what actions they have taken to hold Sallie Mae accountable for its repeated failings, including the improper marketing of federal student loans and violations of contractual obligations regarding debt collection. Since 2009, the federal government has given Sallie Mae government contracts worth hundreds of millions of dollars.
The full text of Senator Warren's letter is available here.
 

Friday, July 5, 2013

What's Elizabeth Warren done?

Recently, a well-educated but uninformed person blabbered on about 'What's Elizabeth Warren done?' repeating all of the right-wing horse manure.



When I rattled off several issues about which the Senior Senator Elizabeth Warren has been outspoken, the sheepish response was 'I didn't know.' [information readily available with an internet search]

Then I rattled off several of former Senator Scott Brown's positions that are in lock-step with the Republican Right Wing platform and received a similar response 'I didn't know.'

And then my friend, Jim, as a Gabriel Gomez supporter,  was unaware of Rep. Ed Markey's votes, his opposition to re-licensing Pilgrim, Markey's opposition to the Dirty Tar Sands Pipeline, Markey's support of Cape Wind and historic advocacy for addressing global warming. My friend, Jim was also unaware of Gabriel Gomez's position on a number of issues, including those below.

That is not to single out Jim because he is representative of the blind support others have expressed.

And then there are multitudes of others who blindly accepted the '37 year' nonsense and voted for Gomez. Note of caution: That won't work in any other election.

Truth is where you find it.....

Just in case you missed it by the Tea Bagger in Disguise
 
 Gabriel Gomez: Repeating the Lies

Gabriel Gomez's Tax Deduction

Frankly, this got to me that the Spanish community refused to relate to Gomez's privileged upbringing --

State's largest Spanish language newspaper endorses Ed Markey over Gabriel Gomez

 
Massachusetts should be proud of Senator Warren who has repeatedly spoken out for Americans, for ALL of us.  
 
Frankly, it's baffling that so many continue to vote against their best interests and against the best interests of the nation.
 
Why would you do that unless you were uninformed?
 
And so, this is the recent action of Massachusetts' Senior Senator, Elizabeth Warren. You should be proud!
The Congress of the United States has determined by inaction to let various people grift over America's college students, and the senior senator from Massachusetts would like to know why in the fk this kind of thing is allowed to happen.
On Friday, Warren sent a letter to the CEO of the student lender, accusing Sallie Mae of "piling on" government supported benefits while reaping "big fees" from students. "While Sallie Mae is finding unique ways to profit from government programs, its borrowers are paying interest rates that are far in excess of the low cost of funds supported by the U.S. taxpayers," she wrote. The latest letter marks the newest round in a lengthy back and forth between the freshman senator and the student lender. What began as an inquiry into a low-interest line of credit Sallie Mae received from a government-created bank that primarily exists to support housing, has broadened into a critique of high student loan interest rates in general. "If we are serious about investing in our future, we should help our students pay for their education - not find ways to squeeze more profits from them. I believe it is time to align priorities in Washington with those of the American people," she added in her Friday letter.

This has been an ongoing thing. One quibble -- this is not something that has "broadened into a critique." This is a continuation of all the issues that SPW has been fighting over her entire public career -- namely, the connivance of big banks and government agencies to jam it to all the rest of us.
On Monday, Warren set off the debate, sending a letter to the Federal Housing Finance Agency, which oversees the nation's housing enterprises. In it, she asked why Sallie Mae, a private student loan provider, had received a low interest, $8.5 billion line of credit from the Federal Home Loan Bank of Des Moines. The nation's 12 Federal Home Loan Banks were created in the wake of the Great Depression, with the primary goal of ensuring access to low-cost funding for banks, which in turn could use them to offer affordable mortgages. The banks are owned by the nation's financial institutions, which buy into the banks in exchange for access to the low-cost funds, but are sponsored by the government.
Noting that Sallie Mae made $2.5 billion on student loan interest in 2012, Warren asked the regulator why it should get a 0.23 percent line of credit, while it was charging 25 to 40 times that amount on its own private student loans.

Good question. Do continue.
In a statement provided to The Hill, a Sallie Mae spokesperson said the line of credit was intended to service a leftover amount of federally guaranteed student loans it still had in its portfolio, although the lender stopped offering such loans in 2010 when Congress killed that program. The spokesperson added that the FHLB credit had "no bearing" on Sallie Mae's private lending activities. That claim resulted in Warren firing off a letter Tuesday to Sallie Mae itself, arguing that such a statement was contradicted by the lender's own corporate filings.

Dear Beltway Bureaucrats: do not attempt to bullshit Senator Professor Warren. This never ends well.


Read more: Elizabeth Warren Student Loans - Senator Warren Won't Be Taking Your BS - Esquire
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