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WyBlog, the best thing about New Jersey since the invention of the 24 hour diner.
Chris Wysocki
Caldwell, NJ
The nine most terrifying words in the English language are "I'm from the government and I'm here to help." - Ronald Reagan
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Technorati and Me
Technorati is indexing me again! They had to make a code change to fix the problem with my blog getting stuck in their queue. Kudos to Eric M. and the guys at GetSatisfaction.com where they have "community powered support for Technorati".
Well, they're "sorta, kinda" indexing me anyway. It's on a 24 hour tape delay or something. So I never get picked up by Memeorandum because they pull from Technorati and Technorati has stuff I posted yesterday listed as my latest blog entry. And that's old news to Memeorandum.
Wankers.
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Recent headlines from my Posterous Blog:
Wednesday, 05 January 2011
Why does Elizabeth Warren hate women and poor people?
Her new Consumer Financial Protection Board doesn't officially go live until July but Elizabeth Warren is already having an effect on how banks operate. Legislation and regulations she championed which limit the fees banks can charge have resulted in, for lack of a better term, "unintended consequences."
For starters, free checking is about to go the route of the Dodo Bird.
Two big banks, Chase and Wells Fargo, will begin phasing out traditional free checking in New Jersey next month. Consumers can avoid monthly maintenance fees, however, if they meet minimum balance requirements for the account or set up direct deposit.
"The trend is moving away from free checking," said John McWeeney Jr., president of the New Jersey Bankers Association.
New federal banking regulations, the cost of complying with those rules and a reduction in fees banks can charge customers will change the financial products they offer, bankers say.
Who is most likely to need free checking with low (or no) minimum balance? Poor people. Oops. I guess Elizabeth Warren hates poor people. Sorry, no bank accounts for you! We've got to protect morons who can't balance their checkbooks from being charged for their laziness!
But wait, there's more…
She apparently hates women too; her credit card regulations require that a non-working spouse can no longer use her husband's income to qualify for credit.
The Credit Card Act signed into law last year was supposed to stop financial institutions from sleazy antics. But instead, some retailers say, it may restrict stay-at-home moms.
Dress Barn Inc., Home Depot Inc., Citigroup Inc. and other companies are urging the Federal Reserve to drop a proposed rule that would require credit-card issuers to consider only a borrower's "independent" income rather than household income. The new standard, which would apply to new credit-card accounts and requests to increase limits on existing accounts, could make it difficult for some customers to get credit on the spot, especially stay-at-home moms.
I'd say "oops" again, but to be fair feminists loathe stay-at-home moms so this latest swipe at their unwillingness to embrace the radical sisterhood comes as no surprise. It is feminist dogma that women must work outside the home to empower their rejection of the patriarchal family unit.
But still you have to wonder why Elizabeth Warren is so gung-ho to disenfranchise so many folks from the banking system. Someone could have asked her about that if Barry and Harry had ever bothered to submit her nomination for Senate approval. But they were too busy ramming through mountains of legislation that nobody read to bother with such trivialities.
When it comes to liberals, progressives, and feminists, intentions are what matter, not actual results.
UPDATE 05 Jan 2011 22:58:
Instalanche!
Welcome Instapundit readers. Thanks for visiting my little corner of the blogosphere. Please take a moment to explore the site and experience blogging the Jersey way!
UPDATE 06 Jan 2011 10:19:
Also linked by Theo Spark and Motor City Times.
Thanks guys!
Posted at 10:35 by Chris Wysocki
[/feminists]
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