June, 2010
Steep hikes are being faced by people who buy health insurance on their own
Health insurance premiums for people who buy coverage by themselves are soaring, as outlined by a study released Monday. While lawmakers debated the health care reform bill, health insurance companies were busy trying to make as much money as they could before the law's provisions kick in. Individuals facing sharp increases in their insurance premiums ...
California hacker’s paradise – digital electronic license plate?
The California State Assembly is considering a bill in the next few days that would green-light "Digital Electronic License Plate" technology. These digi-plates would turn any license plate into a mobile advertising space, flashing ads if the car sits nevertheless for more than four seconds. With no formal opposition ready to debate any of these ...
South Carolina House nixes pay day loans bill veto
Lately, South Carolina Gov. Mark Sanford vetoed H.3790, a payday loan bill that would have stretched the payment period from two weeks to four months (without changing the fees charged). Not only that, but H.3790 was set to remove unsecured loans and also the post-dated check system of payday lending from South Carolina. However, S.C. ...
When Bush tax cuts expire in 2010, Arthur Laffer predicts collapse
Arthur Laffer is making news by predicting that the U.S. economy will collapse next year after the George W. Bush tax cuts expire in 2010. His theory on the Obama tax plan is based on how those with money can choose when and the way they collect their income to evade taxes. Laffer seems to ...
Alleged lending violations complicate mortgage modification
The Making Home Affordable mortgage loan modification program was started in early 2009 to help homeowners avoid foreclosure. Homeowners stuck in a mortgage they cannot pay are the intended audience for this program. The federal government and lenders have run into consistent difficulties with this program, though. Bank of America's recent settlement of a Countrywide ...