Payday Lenders and Payday Employees Fear for Their Jobs

LOS ANGELES, July 18 /PRNewswire/ — The Financial Reform Bill has passed congress and is on its way to be signed by President Obama. One of the things this bill will do is create a new government agency to oversee and regulate the financial lending industry. This agency will be called Consumer Financial Protection Bureau (CFPB). The CFPB, along with many of the politicians who supported the bill, have vowed to put all sorts of caps and limitations on the short term lending industry, which includes the payday loan industry.

Many payday lenders and their employees, like Pay1Day.com, are worried about their future because they believe that they are already overregulated by their respective States. For example, the State of Arizona recently banned payday loans, which forced many payday lenders, like Solomon Finance, out of the State. The act of banning payday loans and having to shut down business resulted in thousands of citizens losing their jobs.

“The payday loan industry is already closely regulated,” said Gabe Rodriguez, who is a known author for a website that writes about payday loans. He goes on to say, “States that have allowed regulated payday lending have very few complaints against our industry.”

According to a comment left a one of the online payday loan blogs, an employee for a small payday loan company said:

“I work in a payday/small loan company. I am getting so flustered with all of this. Every day I wait on news that will shut us down or news that they will leave us alone. I feel as if many of us are on pins and needles wondering if soon we will be in the unemployment lines. Job security is gone, and a lot of the zest that I once had is fizzling out.. I am not alone in this.. There is uncertainty in the air… I sure wish at least we knew what and when these changes would occur.”

Payday lenders feel that the financial reform bill is not addressing the root causes of what led the US economy to collapse in 2008. It was well documented and evident that subprime mortgages, the major wall street banks irresponsible lending, and the greed of CEOs and CFOs of those banks and financial institutions were the causes for the deep recession of 2008. In other words small lenders such as payday loan lenders had nothing to do with it yet may be overregulated as the result of the passage of this new financial overhaul.

SOURCE Pay1Day.com

UAE’s RAK Airways to relaunch by end of 2010

July 1 (Reuters) – RAK Airways, a United Arab Emirates based national carrier, would relaunch services before the end of 2010 after halting commercial operations over a year ago, local media said on Thursday.

Tough economic conditions in the wake of the global recession made the airline suspend scheduled services in May 2009, the English daily Khaleej Times reported.

“We are now ready to make a strategic re-entry into the market”, Shaikh Omar bin Saqr Al Qassimi, chairman of RAK Airways, said in a statement to Khaleej Times.

Financial difficulties after the downturn were “now sufficiently abated,” said the chairman of the carrier, which began operating in 2007 but had limited itself to charter services last year. (Reporting by Erika Solomon; Editing by Thomas Atkins)

Shippers must support national code: Union

Members of the Maritime Union in Darwin have criticised shipping companies for not supporting a national Stevedoring Code of Practice.

About 25 union member walked off the job in Darwin today to coincide with the funeral of a dock worker killed in Sydney.

They passed a resolution calling on the Federal Government to introduce a national code of practice for stevedoring.

Speaking to workers at the walk-off, union organiser Glenn Williams said people do not realise the dangers dock workers are facing.

“The safety of you guys is paramount in this campaign. Patricks and P&O especially have not been supportive so far of a National Stevedoring Code of Practice so far,” Mr Williams said.

“But I think that will change. Especially with both companies experiencing the death of an employee and one of our members in the last six weeks.”

The Member for Solomon, Damian Hale told the gathering he will take the resolution to his Federal colleagues.

18.5 years jail for father of five’s hotel murder

A Sydney man has been jailed for at least 18-and-a-half years for a shooting murder in a hotel.

Moroni Tonghai was one of three men charged over the death of 36-year-old Solomon Penitani at Churchills Sports Bar in Kingsford in 2008.

The New South Wales Supreme Court heard that the father of five died after being shot three times in the chest during a fight over money.

Moroni Tonghai was charged with his murder while the other two men were charged with affray.

In sentencing him to at least 18-and-a-half years jail, a judge said he has shown some remorse but does not fully accept the consequences of his actions.

Asylum boat crew transferred to Darwin

Twenty-two Indonesian crewman were flown from Christmas Island to Darwin last night but no asylum seekers have been brought to the mainland.

The Department of Immigration says until yesterday, Darwin’s detention centre housed 55 Indonesian crewman who were caught on illegal fishing boats or asylum seeker vessels.

Late last night another 22 Indonesian crew from asylum seeker boats were brought to Darwin.

That brings the total number of detainees there to 77.

The department says the men have been brought to Darwin for prosecution processes.

This week the Prime Minister said no decision had been made about where asylum seekers would be sent if the Christmas Island detention centre reached capacity.

But the federal member for the Territory-based seat of Solomon, Damian Hale, says up to 300 asylum seekers could be transferred to mainland detention facilities including Darwin.

Ex Labor man to run against Snowdon in bush seat

A former Labor Party candidate is the front runner to be the Country Liberals choice to run against Warren Snowdon in the federal seat of Lingiari.

Wayne Connop was the unsuccessful Labor candidate for the Territory seat of Nelson in the 1994 and 1997 Territory elections.

He was second on the Federal Labor Senate ticket in 2004 and was one of the Labor nominees for pre-selection in Solomon for the 2007 election.

Then the TAFE teacher and licensed plumber defected to the CLP and unsuccessfully ran against Rob Knight for the seat of Daly at the 2008 Territory election.

Connop will have an extremely tough task unseating Warren Snowdon in Lingiari this year.

The incumbent increased his majority at the last three federal elections winning 61 per cent of the vote in 2007.

The final preselection is on Monday.

Da Vinci follow-up ‘The Last Symbol’ will be promoted with a series of puzzles

London, July 9 (ANI): Publishers of Dan Brown’s new novel ‘The Last Symbol’ will be launching a series of puzzles, codes, and teasers on social networking sites like Facebook, as a part of their promotional campaign.

The book, which features Harvard Professor Robert Langdon for a third time, is due for release in September.

The storyline has still been kept under wraps, but it is believed to focus on freemasonry, with the lost symbol of the title a reference to a ciphered pictogram in an ancient book called The Key of Solomon.

The publishers have also revealed six million copies of the book will be printed on its first run, reports the BBC.

Brown had said that writing the new novel was “a strange and wonderful journey”. (ANI)

Eating animal fat may raise pancreatic cancer risk

Washington, June 27 (ANI): A high-fat diet full of red meat and dairy products can increase the risk of pancreatic cancer, says a new study.

The research has been published online June 26 in the Journal of the National Cancer Institute.

To reach the cocnlsuion, Rachael Z. Stolzenberg-Solomon, Ph.D., of the Division of Cancer Epidemiology and Genetics at the National Cancer Institute in Bethesda, Md., and colleagues analyzed a cohort of over 500,000 people from the National Institutes of Health – AARP Diet and Health Study.

Participants completed a food frequency questionnaire in 1995 and 1996 and were followed prospectively for an average of 6 years to track a variety of health outcomes, including pancreatic cancer.

Men and women who consumed high amounts of total fats had 53 percent and 23 percent higher relative rates of pancreatic cancer, respectively, compared with men and women who had the lowest fat consumption.

Participants who consumed high amounts of saturated fats had 36 percent higher relative rates of pancreatic cancer compared with those who consumed low amounts.

“[W]e observed positive associations between pancreatic cancer and intakes of total, saturated, and monounsaturated fat overall, particularly from red meat and dairy food sources. We did not observe any consistent association with polyunsaturated or fat from plant food sources,” the authors write.

“Altogether, these results suggest a role for animal fat in pancreatic carcinogenesis,” they added. (ANI)

Washington Times links Obama daughters with a story on Chicago student violence

Washington, May 16 (ANI): A “technical glitch” in the Washington Times web site caused a photo of backpack-toting first daughters Sasha and Malia Obama to be posted next to a story about the high number of slain Chicago Public Schools students.

The story paired up the picture of the Obama girls above the headline “36 Chicago area students killed sets record,” Solomon’s statement read.

An editor noticed the photograph but wrongly chose to write a caption for it instead of taking it off, the statement said.

The photo was later taken down.

“At no time did the newspaper intend to link the Obama children to the school story,” Solomon wrote.

“We also hope that this glitch does not distract from the important and well-reported subject of the story: the crisis of school violence in one of the nation’s largest cities,” he added. (ANI)

Temple in Turkey sheds light on so-called ‘Dark Age’

Toronto, April 16 (ANI): A remarkably well-preserved monumental temple in Turkey, believed to be constructed during the time of King Solomon in the 10th/9th-centuries BC, is shedding light on the so-called Dark Age.

Uncovered by the University of Toronto’s Tayinat Archaeological Project (TAP) in the summer of 2008, the discovery casts doubt upon the traditional view that the transition from the Late Bronze Age to the Early Iron Age was violent, sudden and culturally disruptive.

Ancient sources, such as the Homeric epics and the Hebrew Bible, depict an era of widespread famine, ethnic conflict and population movement, most famously including the migrations of the Sea Peoples (or biblical Philistines) and the Israelites.

This is thought to have precipitated a prolonged Dark Age marked by cultural decline and ethnic strife during the early centuries of the Iron Age.

But, recent discoveries – including the Tayinat excavations – have revealed that some ruling dynasties survived the collapse of the great Bronze Age powers.

“Our ongoing excavations have not only begun to uncover extensive remains from this Dark Age, but the emerging archaeological picture suggests that during this period Tayinat was the capital of a powerful kingdom, the ‘Land of Palastin’,” said Timothy Harrison, professor of Near Eastern Archaeology at the University of Toronto and the director of the project.

“Intriguingly, the early Iron Age settlement at Tayinat shows evidence of strong cultural connections, if not the direct presence of foreign settlers, from the Aegean world, the traditional homeland of the Sea Peoples,” he added.

Excavations uncovered the temple’s southern approach, which once faced a broad stone-paved courtyard, and consisted of a monumental staircase and porticoed-entrance, supported by a large, ornately carved basalt column base.

In addition, fragments of monumental stelae – stone slabs created for religious or other commemorative purposes – carved in Luwian (an extinct language once spoken in what is now Turkey) hieroglyphic script, were found.

They are thought to have once stood on stone platforms in the courtyard.

“The building’s central room was burned in an intense fire. It was filled with heavily charred brick and wood, as well as a substantial quantity of bronze metal, including riveted pieces and carved ivory fragments – clearly the remains of furniture or wall fixings. Fragments of gold and silver foil were also found along with the carved eye inlay from a human figure,” said Harrison.

The temple’s inner sanctuary will be the focus of the 2009 field season which begins on July 1. (ANI)

Dead Sea Scrolls may have been work of the Sadducees

London, March 19 (ANI): An academic from Jerusalem has claimed that the Dead Sea Scrolls were the work of the Sadducees, a class of Jewish priests dating back to the time of King Solomon.

According to a report in the Telegraph, the academic in question is Rachel Elior, a professor of Jewish philosophy at the Hebrew University in Jerusalem.

For more than six decades, scholars have believed the scrolls originated with a different, ascetic Jewish sect called the Essenes.

The Essenes are said to have lived in the 1st Century, in mountains in Palestine, where they recorded religious practices on parchments.

Now, Elior has claimed that the 930 scrolls were written by the Sadducees, a group of Jewish priests living in Jerusalem, and that the Essenes did not exist.

The scrolls were found by a shepherd in a cave at Qumran, on the edge of the Dead Sea, in 1947 and were one of the most important archaeological finds of the century.

Some scholars believe that the Essenes may have had an impact on early Christianity, suggesting that John the Baptist and Jesus may have met them.

But, Professor Elior said that the scrolls shows recorded practices of priests descended from Zadok, the first high priest in Jerusalem after the conquest of the city by the Israelites hundreds of years earlier.

She claims the Sadducees later took the scrolls to Qumran.

“I believe any serious scholar truly can’t but admit that the law reflected in the scrolls is a Sadducee law. The Essenes are only a literary invention of a Utopian society that lived a most benevolent and chaste life,” she said. (ANI)

Oprah Winfrey names new pup ‘Sadie’

Washington, Mar 6 (ANI): Oprah Winfrey has decided on a name for his latest pet cocker spaniel-Sadie.

Winfrey and long-time partner Stedman Graham adopted the dog on March 1 at the PAWS shelter on Clybourn.

The talk show queen’s beloved cocker spaniel Sophie died last March, and she still owns another dog of that same breed named Solomon.

And now, she has revealed that she’s settled on “Sadie” as the name for the new canine addition to her household.

Oprah is planning to unveil her “new baby” on her talk show on March 8, reports the Chicago Sun-Times. (ANI)

Oprah Winfrey adopts a new puppy

Washington, Mar 4 (ANI): Talk show queen Oprah Winfrey has got a new member in her family-a puppy-which she and her long-time beau Stedman Graham have adopted recently.

A representative for PAWS Chicago shelter, Lisa Nowak, has confirmed that the couple took home an eight-week-old blonde-coloured cocker spaniel on March 1.

“(The dog) is really cute. Oprah saw her and fell in love with her! She was very excited,” Us magazine quoted Nowak as saying.

Although the shelter staff named the pup-one of a litter of six-Amanda, Nowak has no idea whether Winfrey has renamed her.

The talk show host adopted the pup after her two cocker spaniels, Sophie and Solomon, died last year.

Also, in 2007, Winfrey’s golden retriever, Gracie, choked to death on a plastic ball.

Still an owner of two golden retrievers, Luke and Layla, the philanthropic host had vowed to adopt her next pooch after dedicating a show to puppy mill horrors.

Oprah has even donated money in Sophie’s name for a room at PAWS Chicago.

“She’s very supportiveIt’s great to have her in,” said Nowak. (ANI)

Lowering cholesterol levels may cut prostrate cancer risk

Washington, Feb 24 (ANI): Lowering cholesterol may block the growth of prostate tumors, claims a new study.

Prostate tumors accumulate high levels of cholesterol, and tumor incidence correlates with eating a high fat/high cholesterol diet “Western” diet. In addition, prostate tumor progression has been linked to serum cholesterol levels.

To reach the conclusion, Dr. Keith Solomon and colleagues fed mice a high fat/high cholesterol “Western” diet.

They found that high cholesterol levels promoted tumor growth and that Ezetimibe (Zetia), which blocks the absorption of cholesterol from the intestine, could prevent this increased tumor growth.

Ezetimibe also blocked a cholesterol-mediated increase in angiogenesis, the growth of new blood vessels required for tumor progression.

These data suggest that reducing cholesterol levels may inhibit prostate cancer growth specifically by inhibiting tumor angiogenesis.

The article from Solomon et al suggests “that cholesterol reduction, which is routinely accomplished pharmacologically in humans, may reduce angiogenesis, ultimately leading to less aggressive tumors.”

“Lowering cholesterol levels whether through diet, exercise, or the use of safe cholesterol-lowering drugs is known to provide a substantial benefit to patients-in the future it may be possible to add reduced risk of serious prostate cancer to that list of benefits” says Solomon.

“We are in the process of working with clinicians to translate these findings into potential human studies. If we can demonstrate the effects noted in our pre-clinical studies in human patients we may be save lives and improve the quality of life,” adds Dr. Michael Freeman, senior author of the study.

The related report by Solomon et al, “Ezetimibe Is an Inhibitor of Tumor Angiogenesis,” appears in the March 2009 issue of The American Journal of Pathology. (ANI)