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26 Sep 2011 20:38

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Biz: Meet the country’s most innovative/sketchy payday loan lender

  • According to the Wall Street Journal, Scott Tucker has a really impressive story. Tucker, a late-blooming race star who scored a third-place finish at the Rolex 24 at Daytona endurance race earlier this year, only picked up auto racing about five years ago, and he’s earned such fame that he had a documentary about his life air on the Discovery Channel. But here’s the part this storyline doesn’t tell us — how he got here. Sure, the WSJ’s story calls him a “private investor,” but the Center for Public Integrity notes he earned his significant fortune — enough to start up his own auto-racing team — by running a payday lending company. This company uses partnerships with Native American tribes as a front to get around laws designed to protect consumers — allowing his company to do incredibly sketchy things, such as hiding its address and shielding itself from lawsuits using shell companies. Somehow, this is legal. And Tucker won’t be talking about it himself. “Due to a confidentiality agreement, I am not permitted to discuss the business of my employer,” he said about his businesses. Read the report at the source link — the first part in a series. source
Posted by Ernie Smith • 0 Comments • Permalink

26 Sep 2011 17:41

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World: Libya’s transitional council says no to Lockerbie inquiries

  • Suggesting that the Lockerbie case is closed is ludicrous. I am not surprised that the new interim government might want to avoid getting involved, but this is a miserable attempt to avoid a perfectly reasonable request for any information or evidence that there might be in Libya. Perhaps there is nothing.
  • Pamela Dix, sister of a Lockerbie victim • Decrying a refusal by Libya’s National Transitional Council to give Scottish prosecutors access to any newly discovered evidence relating to the Lockerbie bombing. The prosecutors had been hoping to find new evidence implicating other figures in the plot, for which Abdel Basset al-Megrahi was convicted in 2001. The NTC’s interim justice minister, Mohammed al-Alagi, stated that “the case is closed,” which prompted the above response. Libya’s interim leader, Mustafa Abdel Jalil, claimed in March that he had evidence of Gaddafi’s involvement, which does make this a bit hard to answer for. source
Posted by Chris Tognotti • 0 Comments • Permalink

26 Sep 2011 11:31

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Tech: Tumblr scores another massive funding round, making them super-rich

  • $85 million amount raised by Tumblr in a funding round just today
  • $30 million amount raised by Tumblr in a prior funding round earlier this year source
  • » Total funding? $125 million: With a growing, increasingly diverse audience, Tumblr’s latest funding round could help the brand blow up to new heights and in new directions. It’s happened pretty fast, too. Well, at least that’s what founder David Karp thinks: “Tumblr has come far since we began our journey. From the early users signing up to easily share all of the things they cared about, to the global community today where creators have an incredible opportunity to reach an audience of hundreds of millions, it’s been a remarkable four years.” Suggestion to David and Tumblr: Don’t get all Scrooge McDuck on us and start swimming through the funding round. NYC doesn’t have enough space for a giant money bin anyway. Instead, focus on uptime, possibly buying Missing e from Jeremy Cutler, and giving content creators a way to turn their hard work into more than just a hobby.
Posted by Ernie Smith • 0 Comments • Permalink

26 Sep 2011 11:10

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Culture: More pet owners choosing to euthanize suffering pets at home

  • traditional Losing a pet and having to pay someone to put them out of their misery; it’s something that many people pay vets to do from the cold comfort of a vet’s office.
  • trending Paying someone to make a house call. It’s becoming increasingly common to pay someone money to put a pet down from the warm comfort of home. source
  • » A tough decision for pet owners: Some pet owners see going to the vet’s office as a bit too difficult to handle. “It really made a terrible situation much better,” noted Wendy Bowlds of Gainesville, Va. “There’s nothing so awful as leaving the vet’s office with nothing but the empty leash.” Bowlds had her own dog put down in her kitchen. So, what do you guys think? Personally, we could never do a house call. Too disturbing. Could you?
Posted by Ernie Smith • 0 Comments • Permalink

26 Sep 2011 10:23

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World: Wangari Maathai, African sustainable development advocate, dies at 71

  • She will be remembered as a committed champion of the environment, sustainable development, women’s rights, and democracy.
  • Former UN Secretary-General Kofi Annan • Speaking about Nobel Peace Laureate Wangari Maathai, who died Sunday of ovarian cancer at age 71. Maathai, a Kenyan, founded the Green Belt Movement, an organization that encouraged methods of sustainable development. Her work with the Green Belt Movement, which spanned over 30 years, led to her winning the Nobel Peace Prize in 2004. “We need people who love Africa so much that they want to protect her from destructive processes,” she noted in a 2005 speech. “There are simple actions we can take. Start by planting 10 trees we each need to absorb the carbon dioxide we exhale. Get involved in local initiatives and volunteer your time for services in your community.” This world needs more people like her, not less. Based on the strong response on Twitter today, lots of people agree. source
Posted by Ernie Smith • 0 Comments • Permalink

25 Sep 2011 23:37

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U.S.: Occupy Wall Street: How often does the NYPD pull out the pepper spray?

  • Not very often at all, according to the New York Times. In the weekend’s most unbelievable video, a number of young women were pepper sprayed after reacting towards another man’s arrest, seemingly arbitrarily. “A cop in a white shirt — I think he’s a superior officer — just comes along and does these quick little spritzes of pepper spray in my and these three other girls’ eyes,” said Chelsea Elliott, one of the four women sprayed. It’s not a common occurrence for the NYPD to use it. While it got used during a 2003 antiwar protest, it didn’t get used in a much-larger 2004 protest that accompanied the Republican National Convention. “We don’t use it indiscriminately like other cities do,” notes former deputy chief Thomas Graham. So why was it needed for this protest? source
Posted by Ernie Smith • 0 Comments • Permalink

25 Sep 2011 11:23

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World: Libya: Mass grave from 1996 massacre discovered

  • 1,270 bodies from 15-year-old massacre found source
  • » Memories still linger: The 1996 massacre at Abu Salim prison in Tripoli was one of the many catalysts to the civil war that effectively toppled Muammar Gaddafi. And this will be a difficult one to decipher. “We are dealing with more than 1,270 martyrs and must distinguish each one from the other for identification by comparing their DNA with family members,” said Libyan medical official Dr. Osman Abdul Jalil. “It may take years to reach the truth.”
Posted by Ernie Smith • 0 Comments • Permalink

25 Sep 2011 11:04

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Politics: House GOP shows weak points after failing to pass shutdown vote

  • While it is widely expected that the parties will eventually reach a compromise to avoid a shutdown, Wednesday’s 230-to-195 vote showed what can happen when the GOP majority operates with no more than minimal Democratic support.
  • Washington Post writers Rosalind S. Helderman and Paul Kane • Correctly pointing out the weak spot in the GOP’s House leadership — that the GOP members aren’t all on the same page, so as a result, the leadership can push for one thing, but have it taken in a different direction by far-right members of the party. (In this case, the bill passed the House only with the addition of some timely anti-environmental-funding rules, then died in the Senate.) And with no help from Democrats, it becomes harder for GOP leaders to push their agenda without making room for compromise. And this isn’t even considering the Senate and president, who provide blockades of their own (unless you’re Obama and you compromise). source
Posted by Ernie Smith • 0 Comments • Permalink

25 Sep 2011 10:37

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World: Saudi Arabia: What women can and can’t do in the country

  • can Vote, and run for office, in local elections. King Abdullah has opened up a significant route of social reform for women in the country, which is incredibly conservative to this day.
  • can’t Drive. Leave the country on their own. Work without approval from a male guardian. And so on. While the equality movement has gained a significant victory today, it has a very long way to go. source
Posted by Ernie Smith • 0 Comments • Permalink

25 Sep 2011 10:14

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World: Mahmoud Abbas: “The Palestinian Spring has been born”

  • We have told the world that there is the Arab Spring, but the Palestinian Spring has been born. A popular spring, a populist spring, a spring of peaceful struggle that will reach its goal.
  • Palestinians President Mahmoud Abbas • Drawing a comparison between his push for a Palestinian role in the United Nations and the Arab Spring movement. Abbas’ popularity has leaped in his home country after he boldly submitted an application to the United Nations for membership, despite loud protests by the U.S. and Israel. The U.S. has promised to veto any opportunity for Palestine to gain full UN membership, but Palestine would be willing to settle for lesser observer status in the general assembly, which would still give them a way to continue to push for their agenda in the United Nations. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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