Comments on CFPB remittance rule changes due Jan. 21


first_imgCUNA is encouraging credit unions to submit their comments on the Consumer Financial Protection Bureau’s (CFPB) proposal to raise the safe harbor thresholds for its remittance rule by the Jan. 21 deadline. Stakeholders can use CUNA’s Grassroots Action Center to submit comments to the CFPB.The CFPB finalized its remittance rule in February 2012, and after a mandatory rule assessment last year, is proposing to increase the “normal course of business” safe harbor threshold from 100 to 500 transfers annually.In addition, the CFPB is also proposing changes to the rule to mitigate the effects of the expiration of the statutory “fee estimates exception” that allows insured institutions to disclose estimates instead of exact amounts to consumers. That exception expires on July 21.CUNA generally supports the CFPB’s proposal, but has called for the threshold to be raised to at least 1,000 and for the CFPB to explore several revisions and additions to the proposed rule. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Legalized pot is making America’s lower class poorer and less responsible


first_imgNew York Post 20 August 2016Family First Comment: This is a fascinating read.“The middle and upper classes have been the ones out there pushing for decriminalization and legalization measures, and they have also tried to demolish the cultural taboo against smoking pot. But they themselves have chosen not to partake very much. Which is not surprising. Middle-class men and women who have jobs and families know that this is not a habit they want to take up with any regularity because it will interfere with their ability to do their jobs and take care of their families. But the poor, who already have a hard time holding down jobs and taking care of their families, are more frequently using a drug that makes it harder for them to focus, to remember things and to behave responsibly.”Pot for the poor! That could be the new slogan of marijuana-legalization advocates. In 1996, California became the first state to legalize the use of medical marijuana. There are now 25 states that permit the use of marijuana, including four as well as the District of Columbia that permit it for purely recreational use. Colorado and Washington were the first to pass those laws in 2012. At least five states have measures on the ballot this fall that would legalize recreational use. And that number is only likely to rise with an all-time high (no pun intended) of 58 percent of Americans (according to a Gallup poll last year) favoring legalization.The effects of these new laws have been immediate. One study, which collected data from 2011-12 and 2012-13 showed a 22 percent increase in monthly use in Colorado. The percentage of people there who used daily or almost daily also went up. So have marijuana-related driving fatalities. And so have incidents of children being hospitalized for accidentally ingesting edible marijuana products.But legalization and our growing cultural acceptance of marijuana have disproportionately affected one group in particular: the lower class.A recent study by Steven Davenport of RAND and Jonathan Caulkins of Carnegie Mellon notes that “despite the popular stereotype of marijuana users as well-off and well-educated . . . they lag behind national averages” on both income and schooling.For instance, people who have a household income of less than $20,000 a year comprise 19 percent of the population but make up 28 percent of marijuana users. And even though those who earn more than $75,000 make up 33 percent of the population, 25 percent of them are marijuana users. Having more education also seems to make it less likely that you are a user. College graduates make up 27 percent of the population but only 19 percent of marijuana users.The middle and upper classes have been the ones out there pushing for decriminalization and legalization measures, and they have also tried to demolish the cultural taboo against smoking pot. But they themselves have chosen not to partake very much. Which is not surprising. Middle-class men and women who have jobs and families know that this is not a habit they want to take up with any regularity because it will interfere with their ability to do their jobs and take care of their families.But the poor, who already have a hard time holding down jobs and taking care of their families, are more frequently using a drug that makes it harder for them to focus, to remember things and to behave responsibly.The new study, which looked at use rates between 1992 and 2013, also found that the intensity of use had increased in this time. The proportion of users who smoke daily or near daily has increased from 1 in 9 to 1 in 3. As Davenport tells me, “This dispels the idea that the typical user is someone on weekends who has a casual habit.”Sally Satel, a psychiatrist and lecturer at Yale, says “it is ironic that the people lobbying for liberalized marijuana access do not appear to be the group that is consuming the bulk of it.” Instead, it’s “daily and near-daily users, who are less educated, less affluent and less in control of their use.”In fact, the typical user is much more likely to be someone at the bottom of the socioeconomic ladder, whose daily life is driven, at least in part, by the question of how and where to get more marijuana. Just consider the cost. Almost a third of users are spending a tenth of their income on marijuana. And 15 percent of users spend nearly a quarter of their income to purchase the drug. The poor have not only become the heaviest users, but their use is making them poorer.READ MORE: http://nypost.com/2016/08/20/legalized-pot-is-making-americas-lower-class-poorer-and-less-responsible/Keep up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

‘Enormous fears’ over Anglo-Irish relations with Boris Johnson appointment – Fianna Fáil


first_imgThe appointment of Boris Johnson to Downing Street “quite rightly raises enormous fears”, Fianna Fáil leader Micheál Martin told an audience in Glenties, Donegal on Tuesday evening. Speaking at the MacGill Summer School, Mr Martin suggested Mr Johnson had failed to impress Irish officials and politicians in his most recent cabinet posting.Johnson beat Jeremy Hunt comfortably, winning 92,153 votes to his rival’s 46,656. The former London mayor takes over from Theresa May later today (Weds).Speaking to reporters in west Donegal before the event, Mr Martin said that when he met Mr Johnson last year “there was a sense that he was glossing over the realities of the potential negative of Brexit on the Good Friday Agreement… he seemed to push them to one side as if they weren’t an issue.”He continued: “It is clear that he is single-minded in his ambition, but I don’t think anyone can credibly say that he has thought through how to promote prosperity and reconciliation in Northern Ireland.“He has consistently, in my view, understated the impact of Brexit on North/South relations and on the island of Ireland. “So I think he needs to bring himself up to date very quickly in terms of what is required actually to sustain the sets of relationships on this island.“It took a lot of work to get there and I think he perhaps to date, maybe for reasons that suit his purpose in terms of Brexit, but I think he’s understated the impact of Brexit potentially on that agreement, but more importantly on the sets of relationships that underpin that agreement.”However, Martin said he held hope that Johnson had the skills to adapt to the top British job.“People would say he was an effective mayor of London. But to get elected as mayor of London, which actually for a conservative was a difficult proposition, but that he skillfully managed to do that, and then he moved to a liberal, environmentally conscious, a conservative middle ground that enabled him to win that election.“I’m giving that as a potential hopeful sign, when he sees the realities of what’s before him, in terms of the engagement with the European Union, the realities of Brexit – there is no percentage in it for the UK in terms of a no-deal Brexit, or indeed for anybody, and that his own self-interest and the interests of his party and government will be bound up in arriving at a common sense appraisal of the challenge that Brexit presents to him.” ‘Enormous fears’ over Anglo-Irish relations with Boris Johnson appointment – Fianna Fáil was last modified: July 24th, 2019 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Giants bringing armada of pitchers to Philadelphia in preparation for possible trades


first_imgPHILADELPHIA — With fewer than two hours remaining until Wednesday’s 4 p.m. trade deadline, the San Francisco Giants had not executed any significant trades.In the event president of baseball operations Farhan Zaidi pulls off any last-second deals, the Giants are prepared to replace outgoing players.Alex Pavlovic of NBC Sports reported Wednesday that as many as four minor league pitchers could be joining the Giants’ taxi squad in Philadelphia.Triple-A starters Dereck Rodríguez and Andrew …last_img read more

Reminder about winter wheat management for spring of 2016


first_imgShare Facebook Twitter Google + LinkedIn Pinterest With recent warm weather, winter wheat has broken dormancy and begun to green up. With wheat plants no longer dormant, scouting and management of wheat fields is critical to producing high yields. As discussed earlier in the year, now is the time to plan for N applications where field conditions allow. Below is an excerpt from and a previous newsletter with recommendations for nitrogen application and rates:Spring applications of N should be made after the plants break dormancy. Although in some situations field conditions may be favorable, nitrogen applied in the late winter before plants have broken dormancy is more likely to be lost before plants can utilize it. Spring N applications should not be made before wheat has broken dormancy and begins to green up. The University of Kentucky publication “A Comprehensive Guide to Wheat Management in Kentucky” recommends: “When making a single N fertilizer application the best time is when the crop growth stage is Feekes 4-5, (Zadoks 30, usually mid-March) just before the first joint appears on the main stem and when wheat starts growing rapidly.” The UK publication goes on to say that “The rate of N fertilizer for a single application should be between 60 and 90 lb N/acre for fields with a yield potential less than 70 bu/acre and 90 to 100 lb N/acre for fields with greater yield potential.”Wheat plants begin a period of rapid growth and stem elongation once they reach Feekes Stage 6 (first node visible). The plant’s demand for N is high as the stem elongates and rapid growth begins. For optimal use of inputs and to achieve the highest yield potential, spring N should be applied in the period of time following green up prior to stem elongation.last_img read more

My Three Words for 2017


first_imgChris Brogan is one of the reasons I started writing daily. He is super smart, has had a tremendous influence on me, and I am happy to call him my friend. A few years ago Chris started to theme his year by choosing three words. Along with a whole bunch of other folks, I have found this practice to be useful and I’ve incorporated it into my approach.The idea is to choose themes that cross into all of the important areas of your life. Here are my three words for 2017.Integrated: I have always put things into boxes, separated them. More and more, this no longer works for me. Integrated means all areas of my life function as a single whole. The idea here is that the integration reduces friction, reduces drag, and creates alignment. What I do in one are needs to add to other areas.Impeccable: The word suggests the highest possible standards. To be impeccable, you have to raise the bar. It also means clean, clear, crisp lines. Everything has to be in its place. This word, when applied across all areas of your life, is a challenge.Essential: Better is better than more. Essential suggests a paring down. What is minimally necessary? What doesn’t provide value? What is a distraction? This word is more than it appears. It’s an acknowledgment of how little time you have, as well as an urgent call to do what it necessary.This year, I was tempted more than any other to add additional words to this list. The word “essential” prevented me from doing so. Upon reflection, the two other words that didn’t make it onto this list are already encompassed in these three words. Better is better than more.Note: If you don’t subscribe to my Sunday newsletter, this is what you missed today. Essential Reading! Get my 3rd book: Eat Their Lunch “The first ever playbook for B2B salespeople on how to win clients and customers who are already being serviced by your competition.” Buy Nowlast_img read more