The SEC is instituting a new set of guidelines to help get consumers out of debt… and banks and credit card companies aren’t happy about them.
Government Policy
Former Bush Advisor Arrested For Target Refund Fraud
On February 9th, Bush’s longtime domestic policy advisor Claude Allen carefully waxed his handlebar mustache, adjusted his jet top hat and — throwing a smoke bomb to the ground — disappeared from the White House with the glint-eyed mystery of the master criminal. No one knew why he’d resigned his post… all that anyone could agree was that it was pretty dang mysterious.
House Approves Bill for FDA to Override State Labeling Laws
The US House passed allowing the FDA to invalidate state’s food and labeling laws if they’re stricter than federal standards.
Six Flags Sued For Roller Coaster Cell Phone Headbutt
When the universe finally implodes and existence fades away into the more natural state of nothingness, the moment immortalized to the left is one of those happy moments the universe will fondly recollect as its life flashed before its eyes. It is, of course, the moment when Fabio went on a Six Flags roller coaster, head butted a migratory goose flying across the track and it exploded in his face. In the back row, a gore-spattered girl screams in abject hysteria, while a more level-headed girl to Fabio’s right realizes the event for what it is — the best thing ever — and takes advantage of the opportunity to gloatingly mock him.
Famous but Stupid Psychiatrist Loses $1.3 Million in Nigerian Email Scams
Diagnosis: chronic greed. The latest dupe in the Nigerian email scams may be a renowned psychiatrist from UC Irvine who frittered at least $1.3 million of his family’s fortune in payments to internet con artists.
SEC Tells Agents to “Check Yourself Before You Wreck Yourself”
s enforcement division for subpoenaing two journalists, declaring their behavior renegade.
Overstock.com’s CEO Patrick Byrne ‘Perhaps’ is an Ogre
We know Overstock.com sometimes has crappy customer service, as we amusingly revealed.
The Week in Product Recalls: Poisonings, Burns, Strangulations, Deadly Chickens
Hazard: “The recalled charms contain high levels of lead, posing a serious risk of lead poisoning and adverse health effects to young children.”
Store-bought Meats Dosed to Look Red
The newer the redder, brown is an elderly hue, which of these steaks looks fresher to you?
Fed Agencies Lick Industrial Nutsacks & Rip Apart Consumer Lawsuits
s lap dog federal agencies help industries gain shielding from consumer and state lawsuits. Among the erosions:
The Week In Product Recalls: Strangulations, Infernos, Boo-Boos.
s Sweatshirts with Drawstrings Recalled for Strangulation Hazard
Chicago Seeks Mandatory Cameras for Bars
Chicago mayor Richard Daley has proposed a city ordinance that would require all bars open until 4 a.m. to install closed-circuit security cameras to monitor the comings and goings of patrons. The proposal includes measures that would eventually require all businesses open longer than 12 hours a day to do the same—all this, we should note, at their own expense. Never mind that the businesses already pay taxes to support a police force that, if these cameras are necessary, aren’t effective enough.
DOT Releases ’05 Customer Complaint Roundup and a Peculiar Definition of ‘On-Time’
revealing intriguing trends in the various ways airlines screwed up last year.