SDB Evening News Reads for 060811: Swipe Fees and Pathetic PoliticiansPosted: June 8, 2011
Sitting in my little room, looking out the window at the trees. Every few moments the breeze shakes the leaves and branches sway. It is way better than watching the damn cable news shows. And honestly, I could probably get a better broadcast from a couple of dogwoods than Wolf and that other dud that is on the show with him…or any one of the media personalities on the screen today.
So, just forgive my rant and let’s get to it…
Here is the latest on the Swipe Fees vote: 2nd UPDATE: Senate Defeats Plan To Delay Debit-Card Regulations – WSJ.com
In a blow to the financial industry, the U.S. Senate on Wednesday defeated a bipartisan plan to postpone new federal debit-card regulations.
The 54-to-45 vote means new rules that would reduce the debit-card transaction fees banks charge merchants are set to take effect next month as scheduled, a move that could cost the financial industry billions of dollars in lost fee revenue.
Garnering support for a delay from the majority of the Senate was a major feat in the banking industry’s uphill battle to block the new regulations. But because of its controversial nature, proponents of the measure to postpone the rules needed a 60-vote supermajority to prevent a filibuster.
Now, the financial industry seems to be turning to Plan B: urging the Federal Reserve to revamps its plan to limit the debit card fees known as swipe fees or interchange fees.
Don’t know if it is a mental block against all companies or banks or politicians making more money, just don’t have the energy to comment on this swipe thing right now.
There’s a heat wave going on in the North East, and a huge wildfire raging in Arizona. Arizona wildfire swallows over 600 square miles | Reuters
A wildfire believed sparked by inattentive campers blazed unchecked for an 11th day in eastern Arizona on Wednesday, leaving at least 600 square miles of pine forest blackened and menacing several mountain towns near the New Mexico border.
The monster blaze, ranking as Arizona’s second-largest wildfire on record, has chased up to 2,000 people from homes in and around two communities in immediate danger, Eager and Springerville, since Tuesday, fire officials reported.
This next link is sad…pathetic and pitiful…I remember when Lieberman wasn’t such a disappointment. Someone explain to me why he is doing this? Senility?
Joe Lieberman joined Glenn beck on his FOX Show the other day and boy, was it a love-fest. Joe played Beck’s fanboy and showered him with hugs and kisses.
Jose Baez, the attorney for Casey Anthony has a jerk ass past…like failing to pay child support and get health insurance for his daughter.
It has taken a while for Baez to establish himself as a defense lawyer. Despite graduating from law school in 1997, the Navy veteran was denied admission to the Florida bar for eight years until 2005.
An order by the Supreme Court of Florida states that he was denied admission because of his failure to pay child support to his ex-wife and secure life and health insurance for his teenage daughter. It states that he had previously declared bankruptcy, written bad checks and defaulted on student loans, the court said.
The Florida Supreme Court said his financial mishaps coupled with failure to pay child support “show a lack of respect for the rights of others and a total lack of respect for the legal system, which is absolutely inconsistent with the character and fitness qualities required of those seeking to be afforded the highest position of trust and confidence recognized by our system of law.”
So, the lawyer for Casey Anthony sounds like he has the kind of personality and past track record to go far…he should run for office. Seems to me Anthony would have done better with Jackie Chiles. Is this some sort of plan, to get a mistrial?
One more link, to this series of photos from The Lens Ernesto Bazan Explores Western Cuba, a Countryside Where Little Has Changed – NYTimes.com
The rhythm of life among the guajiros en el campo — farmers in the countryside — is a slower one that reminded Mr. Bazan of his childhood in Sicily and offered a respite from the melancholy, gritty urban world portrayed in his previous book “Cuba.” He found himself returning often to the western end of the island where he spent days with farmers like Fidel Rodriguez.
“In an hour and a half from Havana, I would be in another era,” Mr. Bazan said by phone from Spain, where he had been conducting editing workshops. “The Cuban countryside is stuck in time. Havana was more agitated, but the countryside had an extraordinary slowness. They lived off their land, they had animals, so they could eat better. It was different from the city where people felt all the economic restrictions. In the countryside it was poverty with dignity.”
So that is it for me today. I know it is disjointed and doesn’t flow, but my brain just is not functioning…hate these migraines.