Payday Loan song

To put this topic in perspective, think of the terrible old banker, Mr. Potter, featured in the Christmas classic, "It’s a Wonderful Life." Mr. Potter drove a very hard bargain, but he wanted customers to actually pay off their loans.  Keep in mind that Mr. Potter was lending out money at about 2%. If Mr. Potter could have charge as much as many credit card companies, he would want to stretch out his repayment plans. And if he could charge 500%, he might not actually ever want his loans to be repaid. Welcome to the world of payday lending. During the day I work as a consumer lawyer at the Simon Law Firm in St. Louis, Missouri. My firm has filed several class actions again payday lenders based on their outrageous lending practices--on many occasions they systematically ignore the weak state laws that ostensibly regulate their conduct.   At my firm, we've met undeniable facts demonstrating that payday lenders make most of their money from people they would term "repeat customers," but these people should more accurately be referred to as people who are trapped in high interest loans or 400% or even 500% interest.

Continue ReadingPayday Loan song

Little children recite self-critical version of the Pledge of Allegiance

When I was young, I was often made to recite the Pledge of Allegiance. It was clear to all the little children I knew that they didn't have the faintest idea about the meaning of most of the pledge. Nor did they understand why they were being made to recite it so often. Fast forward 40 years and I spot this:

Continue ReadingLittle children recite self-critical version of the Pledge of Allegiance

Twins appear to share thoughts through thalamic bridge

Two extraordinarily unusual five-year old twins share more than conjoined skulls.  They appear to share some of their thoughts.  Susan Dominus of the New York Time covers this emotionally and scientifically rich story well from many angles.

Their brain images reveal what looks like an attenuated line stretching between the two organs, a piece of anatomy their neurosurgeon, Douglas Cochrane of British Columbia Children’s Hospital, has called a thalamic bridge, because he believes it links the thalamus of one girl to the thalamus of her sister. The thalamus is a kind of switchboard, a two-lobed organ that filters most sensory input and has long been thought to be essential in the neural loops that create consciousness. Because the thalamus functions as a relay station, the girls’ doctors believe it is entirely possible that the sensory input that one girl receives could somehow cross that bridge into the brain of the other. One girl drinks, another girl feels it.

Continue ReadingTwins appear to share thoughts through thalamic bridge

Happiness strategy: Don’t think about global warming

It's easier for most of us to think of our extreme droughts, floods and tornadoes as isolated unusual events, and to deny any connection to global warming. That denial makes good sense. It allows us the freedom to not consider that our daily actions are destroying people's property and lives. Hence, this denial is the tactic of the mainstream media, which sees its job as keeping its audience in a good mood so that it can sell products for its advertisers. Bill McKibben says we really do need to start connecting the dots, however. It's not that we can say that any particular drought, flood or tornado is necessarily a result of human-caused carbon dioxide, but McKibben insists that it is time to invoke the phrase "climate change" to describe the current level of occurrences of extreme weather. And it's time to force the Obama Administration to take this issue much more seriously at a time when many members of Congress refuse to consider the issue at all. At Democracy Now, Amy Goodman interviews McKibben, founder of the grassroots climate campaign 350.org. According to McKibben, who outlines numerous recent cataclysmic weather-related disasters worldwide, there's a lot of room for improvement for the Obama Administration:

Now, to President Obama, look, the guy has done a better job on climate change than George Bush. That’s not an enormous claim to make, but, you know, happily, he’s doing something. He’s also doing a lot of things that are very, very damaging. He has opened this vast swath of the Powder River Basin in Montana and Wyoming to coal mining. The early estimate is there’s enough coal there to be at the equivalent of having 3,000 coal-fired power plants running for a year. His administration is currently considering allowing a permit for a huge pipeline across the center of the country that will run from Canada from the tar sands in Alberta down to refineries in Texas. That’s the equivalent of lighting a fuse on the biggest carbon bomb on the planet.
What is the meaning of "350" in 350.org?
Three-fifty is the most important number in the world. The NASA scientists told us three years ago that any value for carbon in the atmosphere greater than 350 parts per million was not compatible with the planet on which civilization developed and to which life on earth is adapted. That is strong language. It’s stronger still when you know that everywhere, outside your studios, up on top of Mount Everest, in the Antarctic, right now we’re at about 390 parts per million CO2 and gaining fast. That’s why this is not some future problem. It is the most pressing present crisis that we have.

Continue ReadingHappiness strategy: Don’t think about global warming