Money and Computing
Erwin Chemerinsky, Dean of the UC Berkeley Law School: Supreme Court Affirms That President is Not Above the Law
Trump and his attorneys had argued that he is shielded from criminal investigations while in office. But the Supreme Court ruled 7-2 that Manhattan District Attorney Cyrus Vance has the right to see tax and financial records as part of an investigation into the role of Trump and the Trump Organization in paying hush funds to two women who claimed they had affairs with him before he was elected president. Chermerinsky: "I am very skeptical of trying to guess what the framers intended, as to situations and a world that they could not have imagined. But we know that the framers were very distrustful of executive power. If they could be asked, I think they overall would be pleased with today’s decisions." more »
Stateline: Search and Rescue Teams, Already Stretched Thin, See Surge in Calls
Nearly all search and rescue missions in the United States are handled by volunteer teams, who mostly pay for their own equipment and work under a patchwork of guidelines and government oversight that can vary widely by state. The pandemic has led some older and higher-risk members to stay home, while others who have lost work or changed jobs no longer have the money or flexibility to deploy. “We've been very taxed,” Cashin said. “When COVID came out, I really thought our rescues were going to drop through the floor. But we're actually having a record year at this point, with a diminished capacity to respond. It was like the floodgates opened. It's been rescue after rescue after rescue, and it's not stopped.” In response, lawmakers in several states are considering proposals ranging from providing state funding for programs and workers’ compensation insurance for volunteers to charging people for their rescues. more »
Consumer Financial Protection Bureau Takes Action Against Student-Loan Debt-Relief Business and Its Owners For Taking Illegal Advance Fees
The Bureau’s complaint, which was filed in federal district court for the Southern District of Florida, alleged that from 2016 through October 2019, the defendants used telemarketing campaigns to convince more than 7,300 consumers to pay up to $699 in fees to file paperwork to reduce or eliminate their monthly payments for their federal student loans, through loan consolidation, forgiveness, or income-driven repayment plans. The US Department of Education, however, offers these options to student loan borrowers for free. more »
Rose Madeline Mula Writes: Addicted to Amazon
Rose Madeline Mula writes: My other impulse purchases on Amazon include a string of mini, solar-powered lights to brighten my quarantined balcony; a label maker (which I have used to make two labels since buying it a year ago); a roll-up keyboard (in place of the Steinway I can’t afford and have no room for) which I immediately rolled up and put in a drawer before plinking even one melody; a five-pound bag of gum drops (yes, five pounds!); essential oils (which were certainly not essential); make up (too little, too late), and a garden kneeler. No, I don’t have a garden. I live in a third-floor condo. But I’m hoping it will help me get up when (not if) I fall so I don’t have to call the firemen (though, actually, their visits are the highlight of my social life). more »