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CanadaVOTES: Libertarian John Kittridge in St. Paul’s
Aug 02

Monday, October 13, 2008

In an attempt to speak with as many candidates as possible during the 2008 Canadian federal election, Wikinews has talked via email with John Kittredge. John is a candidate in Toronto, Ontario’s St. Paul riding, running under the Libertarian Party banner. Libertarians are a minor, registered political party; they are looking to earn their first ever seat in the House of Commons.

Incumbent Carolyn Bennett of the Liberals is running against Libertarian Kittridge, Conservative Heather Jewell, New Democrat Anita Agrawal, and Justin Erdman, a Green. Bennett was the Minister of Health under previous Prime Minister Paul Martin’s Liberal government. Since it was created in 1935, the riding has been batted about between the Liberals and the now defunct Progessive Conservative party.

The following is an interview with Mr. Kittridge, conducted via email. The interview has had very limited editing, to eliminate in-text mentions of website addresses, but is otherwise left exactly as sent to Wikinews.

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Third Party Lawyer In California: You Need To Find Out If You Have A Third Party Work Injury Case Aug 02

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Third Party Lawyer In California: You Need To Find Out If You Have A Third Party Work Injury Case

by

William Turley

California workers’ compensation is a no-fault system. Regardless of whether you are to blame or whether your employer is to blame for the accident, if you were hurt on the job, then under California law, you are entitled to workers compensation benefits. However, if your work injuries were caused by someone else other than your employer or a co-worker, you may be able to file a lawsuit to obtain fair compensation from that person or company. The lawsuit is in addition to your workers compensation claim.

If you have a potential third party case, in addition to your California Workers Compensation Lawyer, you will need a California Third Party Attorney. Rarely will a California Workers Compensation Attorney have the skills necessary to handle a serious third party work injury case.

The general rule is that an injured employee cannot bring a civil lawsuit against their employer for injuries occurring while they are in the course and scope of their employment. Instead, the general rule is that, worker’s compensation benefits are your exclusive remedy against your employer.

[youtube]http://www.youtube.com/watch?v=sWv0ntsqPts[/youtube]

This is called the “Exclusive Remedy Doctrine.” This means that you can only recover workers compensation benefits from your employer. With a California workers compensation case, you can not recover civil remedies from your employer, such as pain and suffering, past and future wage loss, loss of enjoyment of life, money for scarring and disfigurement, and/or emotional distress.

If someone else is legally responsible for your injuries, then you can pursue civil remedies against this other person and/or entity. Any person/entity other than your employer that is legally responsible your damages is a third-party.

Generally, a workers’ compensation recovery does not preclude a civil suit by you against a negligent third-party. An employee’s civil lawsuit against persons/entities other than your employer is termed a “third-party case” or “third party claim” or “third party work injury lawsuit.”

Potentially, you can recover much more money in a third party civil case. A third party case can mean you receive hundreds of thousands of dollars more in compensation. Or in some cases, millions more in compensation for your work injuries.

Disclaimer:

This article should not be read as legal advice. This article is simplistic in order to achieve clarity. If you have a serious work injury, you are advised to consult with a California Third Party Lawyer. Do not rely on your California workers compensation lawyer to determine whether you have a viable third party case. Always consult with a lawyer that specializes in third party work injury cases. Unfortunately, there are very, very few good seasoned Third Party Lawyers in California.

Finally, whenever you go to court asking for money, your credibility is always at issue. Meaning, nobody is going to believe you. If you get caught in a lie – you will lose your case. The simple rule is this: always tell the truth. Never exaggerate your injuries.

Bill Turley is a

Third Party Lawyer in California

. He has the most comprehensive California work injury attorney website. Bill is the highest rated

California Workers Compensation Lawyer

by AVVO.com.

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Baugur Group among others buy Illum Warehouse Denmark
Aug 02

Friday, August 5, 2005

I-Holding ehf, a Icelandic investment company owned by Baugur Group, Straumur investment bank, B2B Holdings and Birgis Bieltvedts, has bought 80% in Illum warehouse in Denmark from Merrill Lynch International Global Principal Investment. The same group recently bought Wessel & Vett A/S and Magasin du Nord, so it already owned 20% in Illum.

Illum will be run separately from Magasin du Nord.

Illum reported a profit and 11% gain in sales the first three months of 2005.

Skarphéðni Berg Steinarssyni from Nordic Investment at Baugur Group said the Danish retail market is increasing and they believe in Illum because it’s a well known brand in Denmark.

Icelanders invest in Denmark and UK

Icelandic companies have been investing heavily in Denmark for the last few years. Recently the Fons Investment ehf. bought the Danish airlines Sterling Air and Mearsk Air. Eimskip, a shipping company in Iceland, recently bought the shipping division of Mearsk. I-Holdings have been investing heavily in the Denish retailer market.

Baugur Group, as well as FL Group, have been investing in the UK market. FL Group has bought 11% in easyJet.com and has shown an interest in buying more. Baugur Group has been investing in the retailer market and has bought among other things Iceland supermarket chain as well as Hamleys, a well known toy store.

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Indoor Air Quality Narcoossee Fl Aug 02

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May, 2016 byadmin

The rising air pollution across the globe brings intense concerns for all walks of life. Luckily there is a solution to combat the inhalation of harmful air. This is where progressive technologies on advanced energy savings solutions with air conditioning needs come into play.

Indoor air quality Nacoossee Fl service providers are kept abreast with changing technologies on air conditioning to be market AC specialists where the latest AC solutions could help consumers save more on utility bills.

Good Market Choice of Service Provider

Hot weathers today require air conditioning inside most premises to keep the space cool for consumers to function properly. However, these air conditioning units may be subject to wear and tear. Qualified air conditioning service providers are required to keep the units functional. At Smith’s Air Conditioning, you will find a qualified staff to handle your AC repair and indoor air quality testing.

As one of Central Florida’s premier AC specialists, we can help you stay cool and save on energy costs. We have a trained and experienced repair team of high quality in servicing air conditioning units of various brands and horse-power. We offer prompt and reliable services to ensure a reactivation of the air conditioning unit for the comfort and convenience of consumers.

The preferred service provider must be fully bonded and insured with a valid operation license and industry registration to provide the best of air conditioning unit repairs and services. Such technicians must be experienced in every aspect of HVAC repairs required.

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Euro reaches new lows
Aug 02

Friday, July 15, 2011

On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil.

The Wall Street Journal reported earlier that recent comments from the newly installed head of the International Monetary Fund, France’s Christine Lagarde, resulted in a sell-off of the Euro. At a roundtable discussion in Washington, Lagarde noted that the IMF had not yet reached discussion of terms and conditions of a second Greek bailout plan. In fact, a representative from the IMF is currently meeting with Eurozone policymakers to draft such a new proposal. The yield differential between Italian bonds and German bonds has spread to more than 300 basis points, something not seen in over a decade and evidence of investors’ concern.

Adding to the Euro’s woes is the upcoming release of the bank stress tests on Friday. The European Bankers Association said that they expect the data release to shed new light on the Eurozone’s banking situation. Representatives of several of the Eurozone’s governments, including Germany, have requested that the association consider releasing fewer specific details for fear that investor panic will ensue. The inadequacy of the capitalization rates has been an issue with the European Central Bank, whose president recently called upon Eurozone banks to make every effort to put their balance sheets in order.

For the time being at least, an unsubstantiated rumor reported by the Wall Street Journal states that the Eurozone’s central banks’ purchase of periphery debt has helped to quell the downward momentum of the Euro.

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“Avast ye scurvy file sharers!”: Interview with Swedish Pirate Party leader Rickard Falkvinge
Aug 02

Tuesday, June 20, 2006

MP3s for the people? The Pirate Party, a new Swedish political party first publicized in January, wants to legalize sharing music, movies, and other copyrighted content using the Internet. What may seem like a doomed effort by a small group of idealists is attracting significant media attention, in part due to a recent police raid on The Pirate Bay, an extremely popular BitTorrent tracker (see Wikinews coverage).

The Pirate Bay allows people to download content listed in its database using the BitTorrent protocol (including the latest Hollywood movies or computer games) and has gained something of an international cult status, in part for its public and irreverent responses to legal threats received from copyright lawyers of major corporations. The site was reopened days after the raid on Dutch servers (but is now back in Sweden again). Rickard Falkvinge, leader of the Pirate Party, argues that regardless of the legal outcome in the case, the web site demonstrates that copyright law in its current form is not sustainable.

Adopting the moniker of the maligned “Internet pirates”, the party argues for drastically limiting the scope and enforcement of copyright law, abolishing patent law, and protecting privacy in what it sees as a “control and surveillance society”. The party is hoping to garner enough votes in the September election to become a small but important faction in the next Swedish parliament. Rickard Falkvinge found some time in between interviews and party work to answer our questions.

There are rumours that the Swedish government was indirectly acting on behalf of the U.S. MPAA in shutting down the site. Do you feel that your government is beholden to U.S. interests?

Oh, the MPAA said so themselves in a press release, it’s more than a rumor. Check their press release “Swedish authorities sink Pirate Bay”. [Ed.: see below]

And yes, this particular fact has caused something of an uproar in Sweden. It’s widely believed that Swedish authorities were more or less ordered by a foreign power to act forcefully against an entity that was in, at worst, a legal gray area according to Swedish law.

The raid must have boosted your recognition. How many members do you currently have, and how successful has your fundraising effort been so far?

Our member count is at 6540, no, 6541, no wait, 6543… well, you get the picture. Our members register themselves on our website after paying the membership fee electronically, which helps reduce our admin load considerably.

Fundraising brought in 108,000 SEK [Ed.: approx. 14,700 USD or 11,600 EUR], enough to buy 3 million ballots, which is some kind of at-least-we’re-not-starving minimum. We’re not full, but we’re not starving, either. Following the raid on the Pirate Bay, we have received another 50K in donations. My sincere thanks to everybody who wants to help out; we are now looking into getting more ballots to make sure we don’t run out on election day. (10 million ballots was our initial full-score aim.)

Do you think you will be able to cover future expenses such as radio and television ads?

Following the raid on the Pirate Bay, and our tripling of the member roster, we don’t need advertising. We’ve been mentioned almost every news hour across all channels on national television in the last week.

Also, the established parties have now started to turn, following our success. Parties representing almost half of the elected parliament are now describing today’s copyright situation as not working. They still don’t understand why, though, they are just echoing what we say without understanding what the words mean. We’ll get around to teaching them — them and the voters alike.

This might be hard for people not following the Swedish media to grasp, but we have made a big splash. Today, our Minister of Justice was quoted as saying that he’s open to changes to copyright laws that would make file-sharing legal, with the headline “Bodström (his name) flip-flops about file sharing.” Immediately underneath were the Pirate Party’s comments to his suggestions. Let’s take that again: when a minister makes a statement about file sharing, media calls us for comments, and publishes them next to that statement. That’s how big we have become since the raid on the Pirate Bay.

The Minister of Justice later denied having made that statement to the press that reported it.

We will never be able to pay for television ads, the way I see it. Unless a very wealthy donor comes on stage. (If any such person is reading this, we have planned how to spend up to $375,000 in a cost-efficient way up until the elections, on the chance that donations appear. That spending does still not include any TV ads.)

Are you aware of similar initiatives in other countries?

Some are trying, but none have achieved the necessary momentum and critical mass that we have. We expect that momentum to happen once we get into Swedish Parliament and show that it can be done.

[Ed.: A United States variant of the party was recently launched. See also: Intellectual property activism category on Wikipedia]

The name “Pirate Party” seems to identify the party with what is currently defined as a crime: piracy of software, movies, music, and so on. Will a name like “Pirate Party” not antagonize voters, given that the label is so negatively used? How about potential allies abroad who argue for a more balanced copyright regime, such as the Electronic Frontier Foundation or Creative Commons?

Oh, it is a crime. That’s the heart of the problem! The very problem is that something that 20% of the voters are doing is illegal by punishment of jail time. That’s what we want to change. Where the established parties are saying that the voters are broken, we are saying it’s the law that is broken.

Besides, it’s a way of reclaiming a word. The media conglomerates have been pointing at us and calling us pirates, trying to make us somehow feel shame. It doesn’t work. We wear clothes saying “PIRATE” in bright colors out on the streets. Yes, we are pirates, and we’re proud of it, too.

Also, the term is not that negative at all in Sweden, much thanks to the awesome footwork of the Pirate Bureau (Piratbyrån), who have been working since 2003 to educate the public.

If you are elected, and have the opportunity to become part of the next government of Sweden, do you intend to focus only on the issues in your platform (IP law and privacy)?

Our current plan is to support the government from the parliament, but not be part of it. If we’re part of it, that means we get a vested interest to not overthrow it, which puts us in a weaker position if they start going against our interests.

Overall, our strategy is to achieve the balance of power, where both the left and right blocks need our votes to achieve a majority, and then support the issues of whichever government that agrees to drive our issues the strongest. Basically, we sell our votes on other issues to the highest bidder in exchange for them driving ours.

Have you already made any contacts in Swedish politics?

Contacts… I’m not sure what you mean. Several of us have been shaking hands with some of the established politicians, particularly in the youth leagues, if that’s what you mean.

I was thinking along the lines of exploring possible modes of cooperation with established political parties — are you already taken seriously?

We are taken seriously by most of the youth leagues and by at least one of the represented parties. In particular, which is what counts, we are now taken seriously by national media. However, we can’t tie contacts that explore modes of cooperation quite yet — since our strategy depends on holding the balance of power, we need to not express a preference for whom we’d like to cooperate with, or we’d put ourselves in a weaker bargaining position.

What is your position on moral rights, as recognized by European Union copyright laws: the right of attribution, the right to have a work published anonymously or pseudonymously, and the right to the integrity of the work. Do you think these rights should be preserved?

We safeguard the right to attribution very strongly. After all, what we are fighting for is the intent of copyright as it is described in the US constitution: the promotion of culture. Many artists are using recognition as their primary driving force to create culture.

Publishing anonymously or pseudonymously happens every day on the Internet, so no big deal there either.

The right to integrity, however, is an interesting issue. We state that we are for free sampling, meaning you can take a sound that I made for my tune and use it in your own tunes, or for that matter, a whole phrase. That’s partially in line with today’s copyright law on derivative works; as long as you add your own creative touch to a work, you get your own protection for the derivation. We want to strengthen that right.

You might want to consider the alternative. In the 50s and 60s, a lot of rock and roll bands started doing covers of old classical music. This would almost certainly have been considered to violate the integrity of the original artist — and was considered to do so by many — but in the eyes of many others, it was instead great new culture of a previously unseen form and shape.

So I don’t have a definite answer on the integrity issue. While I am leaning towards the promotion of new culture taking precedence over a limitation right, there may be unconsidered cases.

Do you feel that trademark law is adequate as it is?

Yes. We have not seen any hidden costs to trademarks that outweigh the benefits of reducing transaction costs on a market where seller and buyer are not personally acquainted.

How do you intend to deal with EU treaties which define certain legal frameworks for the protection of intellectual works?

What can they do? Fine us? Send us an angry letter?

Come on, countries need to think more like corporations. If the fine is less than the cost to society, which it is in this case, then the right thing to do is to accept the fine with a polite “thank you”.

Actually, national media just called me about this very question; the Department of Justice has stated that we can’t allow file sharing, as it would break international treaties. My response was that it is more important to not have 1.2 million Swedes criminalized, than it is to avoid paying a penalty fee.

Do you think that weaker intellectual property laws would lessen the amount of products released in Sweden by foreign companies, such as Hollywood studios?

As long as they believe that they will have a revenue here that exceeds the cost of operations, they will keep coming here. Anything else would be wrong from a corporate standpoint.

Besides, you need to remember what we are doing is to change the map according to what reality looks like. We do not want to change people’s behavior. We want to change the law so it reflects what the world actually looks like.

So, as they apparently make a profit today, I expect that to continue.

Do you feel that the music industry in its current form will still be needed in a world where non-commercial copying is permitted?

It’s not so much if they are needed where non-commercial copying is permitted, rather if they are needed when they’re not necessary any more to be the middle man between consumer and artist.

The music industry will lose its current chokepoint, because they don’t add any value to the end product any longer. They will probably survive as a service bureau for artists, but they will not be able to control distribution.

It’s actually quite simple: if they get their act together and provide a service that people want to buy, they will remain. If not, they will vanish. Today, they have legislated that people must buy their service regardless of whether it adds value or not, and that’s not gonna hold in the long term.

Why fight against intellectual property laws, instead of focusing your energy on creating freely licensed content, such as Creative Commons films or open source software?

I want to raise the issue a level, to show that it’s not about payment models or what level of control the copyright holder chooses to exert over his or her work.

Let me put it this way: we have achieved the technical possibility of sending copyrighted works in digital, private communications. I can send a piece of music in e-mail to you, I can drop a video clip in a chat room. That technology is not going away, leaving us with two choices.

So — if copyright is to be enforced — if you are to tax, prohibit, fee, fine, or otherwise hinder the transmission of copyrighted works in private communications, the only way to achieve that is to have all private communications constantly monitored. It’s really that large.

Also, this is partly nothing new. We’ve been able to do this since the advent of the Xerox copier — you could photocopy a poem or a painting and put it in a letter in the mail. Again, the only way to discover or stop that would have been for the authorities to open all letters and check their content.

So we’re at a crossroads here. Either we, as a society, decide that copyright is the greater value to society, and take active steps to give up private communications as a concept. Either that, or we decide that the ability to communicate in private, without constant monitoring by authorities, has the greater value — in which case copyright will have to give way.

My choice is clear.

The Pirate Bay was shut down and re-opened days later on a Dutch server. According to a Swedish newspaper report, traffic has doubled since then. How long do you think the cat and mouse game will continue?

Until one of two things happen: The authorities realize they can’t enforce laws that require monitoring all private communications, especially given the large international level of grassroots support, or [they] actually start monitoring all private communications.

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Leading Seven Foods That Burn Belly Fat Stably} Aug 02

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Submitted by: Utikry Niwik

Half of American are obese, a larger quantity have problems with belly extra fat. Clearly, abdomen fat badly influences amongst the individuals on how they look, what they put on and the way they feel. That’s why individuals are looking for costly devices, magical tablets, and complex diets to shed some ugly tummy kilos. But do you know that magic is all around you! Think? Here are leading 10 foods that burn belly fat you should be aware!

1. Vegetables

Vegetables are all-star as they’re loaded in dietary fiber and couple of of calories. Growing your veggies intake is ideal to maintain effective metabolic process. Cauliflowers, cabbages, carrots, broccoli, radish, zucchini, leeks, lettuces are calorie burners to recommend. Of course, I am not heading to suggest you to be a vegetarian. However, getting 5 portions of veggies a day will certainly deliver you to a fast and secure good results.

2. Many fruits

Like vegetables, phytochemicals are discovered in almost many fruits. As a result, consuming many fruits in fantastic quantity may eliminate cancer, heart assault and stroke. Again to belly extra fat burning concern, most fruits boost metabolic process. Leading many fruits that burns belly extra fat are blackberries, blueberries, cranberries, watermelon, papaya, peach, apple, pineapple, lime, orange.

3. Green Tea

Originated in Asia, widely grown in China, Japan, Korea, Vietnam, inexperienced tea is confirmed to become a extremely effective fat burner. Scientist has proven that if the typical individual were to drink 5 cups of inexperienced tea a day, they would burn an extra 70 to eighty extra calories. This amount would remarkably increase using the assist of sound diets and exercises. Let’s shed belly fat with tea

4. Additional virgin olive oil

Anyone who related to the term “overweight”, “fat” or “obese” are scared of oil. However, oil is indispensable to preserve correct operations in the physique. On extra fat burning objective, extra virgin olive oil contains a high “good” fat content material that assists you really feel full for longer and enhances the body’s breakdown of stored extra fat.

5. Brown rice

Brown rice is rich in fiber which takes up volume inside your stomach so you aren’t starvation for food all of the time. Add a bowl of rice to your diet plan then drink 1-2 big cup of water to achieve the best result!

6. Fat-free yoghurt

With no shadow of doubt, there exists a near link that connect yoghurt to fat loss. Analysis discovered that yoghurt eaters misplaced up to 80% more extra fat saved in their bellies than non-yoghurt eaters. Wealthy in calcium and amino acids, yoghurt reduces ability of making extra fat layer in stomach area. Getting three parts of yoghurt a day will help break down fat and may even prevent it from forming!

7. Nuts from foods that burn belly fat

Go nuts and you will not feel hungry all the time. Nuts bring you sensation of fullness therefore you reduce a exceptional food consumption! Walnuts, Brazil nut products, hazelnuts, almonds, pine nuts are recommended.

Right here I have listed top 7 meals that effectively and stably burn belly fat. You will find much more food, much more recipes, much more workouts and more tips for you personally when opting for burning belly fat.

About the Author: Discover the best way to lose belly fat at

losebellyfatcafe.com/

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Italian goalkeeper Carlo Cudicini seriously injured in motorcycle accident
Aug 01

Friday, November 13, 2009

Italian goalkeeper Carlo Cudicini has been seriously injured in a motorcycle accident in London. The player, who plays for Tottenham Hotspurs, was involved in a collision with a car at 10:30 GMT. The football club reported that he has fractured his wrists and injured his pelvis.

A spokesperson for the Metropolitan Police released a statement saying “A 36-year-old male suffered injuries described by the London Ambulance Service as possibly life-changing and was taken to Whipps Cross Hospital for further assessment and treatment”. No arrests have been made.

Cudicini crashed his motorcycle into a Ford Fiesta with a female driver and a child passenger. Neither the driver or passenger were injured in the accident.

Cudicini is the son of former AC Milan goalkeeper Fabio Cudicini. During his career he has played for Lazio, AC Milan and Chelsea. He played for Chelsea for 10 years until he was transferred to Tottenham in January. He made one appearance for the Italian national team.

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Wikinews interviews You-peng Wang of Taipei Electrical Commercial Association
Aug 01

Sunday, November 11, 2007

Besides becoming a political stomping ground for the Pan-Green and Pan-Blue coalitions, there are other changes from past years of Taipei Audio Video Fair (TAVF). With those changes in mind, Wikinews reporter Rico Shen interviewed You-peng Wang, chairman of the Taipei Electrical Commercial Association (TECA), the main organizer of TAVF, about the 60th year anniversary of TECA and the changes to the show.

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Financial Reform: The Table Is Set Aug 01

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Submitted by: Jerry Rodgers

Next month, President Obama will likely sign a bill into law ordering changes in the ways banks, credit card issuers and mortgage lenders interface with consumers. Here are the key features of the financial reform agreement that the Senate and House of Representatives came to on June 24, with a vote pending.

#1: The Bureau of Consumer Financial Protection. This new consumer agency answering to the Federal Reserve would supervise mortgages, credit cards, student loans and the banks, credit unions and private lenders that issue them. Institutions holding less than $10 million in assets wouldn t be regulated by the BCFP but they would have to follow its rules. The BCFP would aim to make these products easier to comprehend for consumers and crack down on any possible deceptive practices.

#2: See your credit score for free. If you are turned down for a mortgage or a loan, the new reforms would give you the power to see the credit score supplied to your lender. Right now, you can request three free credit reports each year but you can t see your actual score.

#3: Tougher rules for mortgage lenders. These rules should have come into play years ago, of course, but better late than never. Mortgage lenders would need to verify the assets and income of borrowers, thwarting any surreptitious comeback for liar loans . Loan officers and mortgage brokers would not be able to receive bonuses for guiding you into this or that loan. Borrowers with ARMs and other types of complex home loans could not be hit with prepayment penalties should they want or need to pay off a mortgage before the end of its term.

[youtube]http://www.youtube.com/watch?v=e9jl8wPMmDs[/youtube]

#4: Retail minimums for the use of credit cards. Score one for retailers, who don t want to see people make $2 credit card purchases when the swipe fee alone cancels out the revenue. Under the new legislation, stores could set minimums for credit card use. The minimum transaction level could be as high as $10 if a store chooses; the Federal Reserve could raise that $10 limit on the minimum with time.

Alternately, stores could offer consumers discounts if they pay for items with cash or debit cards. (They wouldn t be able to vary the discounts for different debit cards.)

Additionally, the proposed reforms could allow colleges and universities and the U.S. government to set maximums for credit card transactions.

#5: Brokers could be held to a fiduciary standard. Under the new reforms, the Securities and Exchange Commission now has the chance to hold brokers to the same fiduciary standard common to financial advisers that is, investment brokers would have to put a client s best interest first and not simply recommend a suitable investment to a client. That new standard may or may not come into play, however; the SEC is undertaking a six-month study to see if such a rule would amount to regulatory overlap or not.

#6: The Volcker Rule would be put into play. This is the rule that would prevent banks from trading with their own money. It would kick in with small concessions. While the reforms would halt most proprietary trading by banks, some limited investment would be permitted.

The big banks got another key concession from Congress: they don t have to get rid of their swaps-trading desks (some legislators had contended that this decision would drive such trading to foreign markets). They can still be involved in foreign-exchange and interest-rate swaps dealing.

#7: An Office of Credit Ratings would appear. It would oversee the actions of Moody’s, Standard and Poor’s and other big names, and one of its objectives would be to flag potential conflicts of interest that could influence ratings judgements.

Now, what about Fannie Mae and Freddie Mac? Good question. Nothing made it into the final reform bill to address that dilemma. Some analysts expect another bill will emerge in 2011 to propose their restructuring or elimination.

About the Author: Jerry M. Rodgers is an independent writer and loves writing on variety of topics. He is quite impressed with the

plaxo.com/directory/profile/231930225534/ae5b088a/John/Jastremski

John Jastremski and his company.

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