Consumerist
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budgets
What You Need To Know About Today's Unemployment Benefits Extension
If you're still struggling to find a job in the current economy, you'll be happy to know that this morning President Obama is expected to sign legislation to extend benefits for few more months. The New York Times has more info on how the extension will work, and who qualifies for it.
"Extended Unemployment Benefits: F.A.Q." [New York Times]
(Photo: Kapungo and laurenatclemson) -
slowpokes
First Results Of Gov Study Of Chinese Drywall Inconclusive, But More Tests To Come
Yesterday the Consumer Product Safety Commission (CPSC) announced some findings from its study of the problematic Chinese drywall, which 1,900 Florida homeowners have complained stinks and makes people sick. The commission told the Associated Press that "no connections have been made yet," but that they're doing more tests—which means there's still no definitive answer on who should be held financially responsible if the homes have to be gutted and repaired, which the Wall Street Journal says could cost as much as $25 billion dollars. More » -
oh snap
Edmunds.com Estimates Real Cash For Clunkers Cost, Gets White House Smackdown
Edmunds.com crunched some numbers, and came to the conclusion that the federal Cash for Clunkers program was not a terribly effective use of taxpayer money. They argue that the bulk of rebates went to consumers who were going to buy cars anyway. The White House, however, begs to differ. So how did the Obama administration respond? With a snarky blog post. More » -
astroturfing
Is AT&T Behind Grassroots Groups That Are Opposed To Net Neutrality?
In the net neutrality debate, there are a surprising number of grassroots organizations (well, surprising to me at any rate) that have filed statements against the FCC's recent draft of rules. Matthew Lasar at Ars Technica just published an interesting article where he looks at some of these groups and tries to figure out whether AT&T is secretly influencing them, or whether they really do think net neutrality will hurt those they represent—frequently minority groups—in the long run. More » -
internet
Here's What The New FCC Net Neutrality Rules Mean
Yesterday the FCC announced new, expanded rules enforcing net neutrality, and they've set aside the next 60 days for public debate. Get ready to hear all sorts of creative end-of-the-world-as-we-know-it arguments from opponents like AT&T. We've checked out the official document (pdf) and below we summarize the changes that are open to public discussion for the next two months. More » -
populist rage
Government Orders Pay Cuts For Bailed-Out Firms
The huge salaries and bonuses paid to executives of banks and other firms that received government bailout funds have been the subject of a lot of taxpayer rage. The Obama administration listened, and will order pay cuts. More » -
net neutrality
AT&T Asks Employees To Oppose Net Neutrality
A reader sent us a letter that AT&T sent to its employees asking them to tell the FCC they oppose net neutrality. This comes after the FCC announced plans to investigate and enact net neutrality rules that will ensure that internet service providers (like AT&T) treat all content equally. The letter and a rebuttal are inside. More » -
electricity bills
Energy Star Program Relies On Honor System For Some Products
Your new washer, dryer, fridge, monitor, or TV set may have an Energy Star label on it, but it turns out that nobody is making sure that means anything, reports the New York Times. Our parent organization Consumer Reports pointed out that this was a problem a year ago. More » -
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truth in billing
FCC Asked To Address Misleading And Confusing Billing
In August, we wrote about upcoming investigations and possible actions by the FCC on several different areas of the consumer telecommunications experience. Several consumer groups filed comments on the first issue, truth in billing, this week, and we wanted to share some of their concerns and suggestions. More » -
stinky
Chicago Is Sorry They Towed 20 People So Secret Could Film A Deodorant Commercial
Know what's more important than you not having your car towed and having to pay a $160 tow fee? Secret deodorant commercials! At least that's the message Chicago sent back in September when they put up signs about a film shoot tow zone only 3 hours before the towing was to begin. More » -
how it works
The Consumer Financial Protection Agency And You
Legislation to create a Consumer Financial Protection Agency (CFPA) is making its way through Congress. Interested parties have spoken out ("It sucks!" "It's awesome!"). Now the White House wants to know what you think. More » -
bailouts
Is The Federal Housing Administration Going To Need A Bailout?
Earlier today a former Fannie Mae exec and the current head of the FHA gave conflicting testimonies to Congress about the health of the mortgage insurer—particularly about whether or not it's going to require a taxpayer bailout in the next couple of years. More » -
distracted driving
Federal Employees Banned From Texting While Driving
An executive order issued this week bans federal employees from texting while driving when using government vehicles or phones, or while on government business. Given the safety risks of texting while driving, we think this was a good move, and hope that it extends to the general population. Take our poll and tell us what you think, inside. More » -
surprise
Congress Seeks To Move Up Credit Card Act Implementation To December 1st
Today, Reps. Barney Frank and Carolyn Maloney are going to request that the implementation date for the rest of the Credit Card Act's rules be moved to December 1st of this year instead of February 2010, after seeing companies "jacking up their rates and doing other things to their customers in advance of the effective date" all summer, reports Mary Pilon at The Wall Street Journal. More » -
airplanes
Ban On Long Tarmac Delays Close To Being Passed
If Senator Barbara Boxer has her way, the Senate's Federal Aviation Administration Air Transportation Modernization and Safety Improvement Act will soon require airlines to "deplane passengers after three hours and would require [the airlines] to provide basic services such as food and water while they are waiting on planes." The requirement is in the current version of the bill, and Boxer and another Democrat, Senator Amy Klobuchar, have threatened to filibuster it if the language is removed. More » -
funerals
Congressman Introduces Bill To Oversee Cemeteries
Remember Burr Oak this past summer? That was the Chicago cemetery that dug up bodies and resold the graves to new customers. Well, yesterday a U.S. Representative from Illinois introduced the Bereaved Consumers Protection Act, a bill that would standardize record-keeping, make cemeteries accountable to federal officials as well as state, and protect consumers from shady business practices. More » -
opposite day
FDIC May Ask Banks For Bailout
Due to the record number of bank failures this year, the FDIC is low on funds. Instead of borrowing from the Treasury as they did in the early '90s savings and loan crisis, regulators have a new idea: asking banks for a bailout. More » -
fee parties
Should Banks Be Forced To Ask Permission Before Overdrafting Your Account?
Sen. Chris Dodd plans to introduce legislation that would require banks to get permission before allowing fee-generating overdrafts. Banks are on track to earn $38.5 billion in overdraft fees this year and, according to a study by the Federal Deposit Insurance Corp, most banks offer the "service" automatically. Common "features" of the programs include not notifying customers when an overdraft is about to occur, not offering them a chance to cancel the transaction, and processing the transactions in ways designed to increase the number of fees. More »
government
New York, 5:22 AM
Sun Nov 8
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