Friday, August 19, 2011
Wednesday, July 27, 2011
The $85 million civil money penalty is the largest the Board has assessed in a consumer-protection enforcement action and is the first formal enforcement action taken by a federal bank regulatory agency to address alleged steering of borrowers into high-cost, subprime loans. […]
There is more... In 2007, the NAACP filed a class action lawsuit against 15 of the nation’s largest subprime lenders for “systematic, institutionalized racism in sub-prime home mortgage lending.”
One of the defendants included Wells Fargo Bank & Company.
As Faye Anderson reported in her blog post dated April 28, 2010, "The NAACP President and CEO Benjamin Jealous was an outspoken critic of Wells Fargo. So you can imagine my surprise when earlier this month, I read the NAACP dropped its lawsuit against the predatory lender." So what did the NAACP get? As Citizen Journalist Faye Anderson ask in the same article.
Easy answer, that the Justice Department needs to probe. The NAACP in my humble observations accepted Wells Fargo’s tainted money as a "kick-back" for dropping the lawsuit.
AAP says: "Forget all the black celebrities that kiss the NAACP's ring in order to get an Image Award. Average black Americans who are hurting and facing depression-like unemployment levels have questioned for years the integrity and credibility of the National office of the NAACP.
Average black Americans have wondered for years if the NAACP represented them of the interest of big banks and corporate kickbacks. Well again, here is the smoking gun. Let's hope the Justice Department probe includes the "corporate kickbacks" from Wells Fargo to the national office of the NAACP."
Sunday, May 1, 2011
Yes, I said it. And yes, I am wondering out loud, if Corporate black blogs like The Root and The Grio are working to control black political thought in America?
AAP says: "Move over grassroots black political bloggers, NBC and The Washington Post have hatched a scheme to take over black political thought over the internet. They are like ATT taking over the smaller telephone companies. They are buying co-opting as many black bloggers as possible, and unfortunately it just may be working."
Now the question is, on the immediate political front, whether both of these corporate media giants (WaPo and NBC) are doing nothing more than being under-cover operatives for getting President Barack Obama elected in 2012?
As I said in my earlier post, It get's under my black skin, that so-called black bloggers at (white controlled) corporate black blogs like The Root, owned by the Washington Post, and the The Grio, owned by NBC, are nothing more than a group of organized Obama loyalist who seem to never report on how blacks will lose $194 billion in wealth through 2012, or how the housing crisis continues to hits blacks the hardest and how President Obama (as Russell Simmons recently pointed out in his Open Letter To President Barack Obama) has all but ignored the plight of black America.
I remember when I learned that NBC would launch a African American news site
and The Washington Post was planning to launch 'The
I knew that folks at the Washington Post and NBC were getting concerned that black bloggers groups like the afrospear/afrosphere were getting too organized. I also felt in my gut that white media outlets, may have even sent its own operatives into the afrospear/afrosphere group to spread discontent.
As I noted previously on this blog, there was a time when a group of black bloggers called the afrospear/afrosphere began to organize and became a force in the black America.
Unfortunately, the Afrospear/Afrosphere has seemed to 'step aside' as a group, and allow corporate black blogs like the Washington Post's The Root (owned by the Washington Post Company through its online subsidiary, Washington Post-Newsweek Interactive) and NBC's The Grio, to jump in feet first, and act as though they are the voice of on-line Black America.
I guess the with big bucks from The Washngton Post and NBC, (The Root and The Grio) have just about become campaign organizations for President Obama's 2012 Campaign. Candidly, Both of these black corporate blogs or so-called black news outlets should be required to file with the Federal Election authorities as part of the Obama organization.
Will The Root and The Grio become the electronic voice of Black America? I don't think so... the voice of the black blogging community continues to grow. It will take more than NBC and The Washington Post to control black political thought in this country... But they sure are trying...
Cross Posted on black news junkie.com, My DD, African American Pundit, African American Political Opinion, and Independent Bloggers Alliance
Monday, April 11, 2011
“The incident occurred at a public housing project called Dunbar Village in West Palm Beach, Florida.“After dark on June 18, the police say, as many as 10 armed assailants repeatedly raped a Haitian immigrant in her apartment complex at Dunbar Village … They took cell phone pictures of their acts. They burned the woman’s skin and (her 12-year-old son’s) eyes with cleaning fluid, forced them to lie naked together in the bathtub, hit them with a broom and a gun and threatened to set them on fire.”
As despicable as that sounds, it wasn’t the worst of it. The worst of it was when these vermin, according to Times writer Amy Goodnough, “forc(ed) (the woman) to perform oral sex on her 12-year-old son.”
Now we learn that the President of the United States is supporting, Al Sharpton, you know Al Shapton the same guy who supported the
Maybe the President does not remember Al Sharpton, the NAACP, and Dunbar Village like black and other progressive bloggers do. We remember how Al Sharpton defended the scum bags who “forc(ed) (the woman) to perform oral sex on her 12-year-old son.”
If that is the type of people the President wants to hang out with, fine. It's not the type of person I would want near me. I hope Obama is not courting black votes with
Oh, and by the way, politico.com, Al Sharpton (the supporter of rapist) is no emerging "president” of black America. Black America has the same President as white America, "President Barack Obama." It looks like politico.com needs black political writers/reporters.
Tuesday, March 8, 2011
I heard something recently that remained stuck in my mind for a few days. It was a quote from Cheryl Mathias of AARP, who said, “If you make a Medicare Advantage choice, and you don't realize you've agreed to a limited network of doctors and hospitals, and you suddenly go to a different doctor or hospital, [then] you could wind up with a very big bill that you would have to pay out of pocket.”
Utah a Case ExampleMedicare clients in Utah who are on the Medicare Advantage plans should have gotten notices already about any changes that they can expect to see in those plans, including if the plans will no longer be available in your state. In the event that these plans are no longer offered in your state, it is critical that you make the appropriate changes to your plans or you may risk losing your Medigap benefits that cover your expenses beyond the regular reimbursements from Medicare.
When you sign up for a Medicare Advantage Plan, you are able to use the insurance card from your plan for health care. In the majority of these plans, there are typically additional benefits as well as lower copays than is offered with the original Medicare plan. However, you may not be required to go to doctors who belong to the plan or specific hospitals to get the treatment that you need.
Medicare Premiums Seen to be IncreasingAlthough premiums may decline this year, Medicare Advantage beneficiaries will most likely see an increase in cost sharing. Also beginning in 2011, Medicare Advantage plans are not able to charge anything more than regular Medicare for dialysis, chemotherapy, skilled nursing care or any other service that is deemed appropriate by CMS.
photo credit: mikecogh