lwsimmons.org

Wednesday, December 5, 2007

On Tuesday, the United States Senate Committee on Homeland Security and Governmental Affairs‘s Permanent Subcommittee on Investigations held a hearing titled “Credit Card Practices: Unfair Interest Rate Increases.” The hearing examined the circumstances under which credit card issuers may increase the interest rates of cardholders who are in compliance with the terms of their credit cards. It was a follow-up to a March 2007 hearing.

Subcommittee Chairman Carl Levin said in his opening statement: “Today’s focus is on credit card issuers who hike the interest rates of cardholders who play by the rules — meaning those folks who pay on time, pay at least the minimum amount due, and wake up one day to find their interest rate has gone through the roof — again, not because they paid late or exceeded the credit limit, but because their credit card issuer decided they should be ‘repriced’.”

Present to testify on behalf of credit card issuers were Roger C. Hochschild of Discover Financial Services, Bruce L. Hammonds of Bank of America Corporation, and Ryan Schneider of Capital One Financial Corporation.

Much of the 90 minute hearing focused on specific cases where interest rates were raised, allegedly because credit scores of the debtor dropped, and not because they were delinquent or otherwise behind on payments. According to Levin, this practice made it so that almost all payments went towards finance charges with almost none toward repaying the principal. This, he felt, is an unfair practice, as the credit card companies were negligent in informing their customers of the rate hikes and the reason for such hikes.

The collective credit card debt of Americans totals an estimated US$900 billion. Issuers have come under pressure to disclose their policies in regards to setting fees and interest rates. The US Truth in Lending Act requires that terms of a loan be set forth up front. Fluctuating interest rates on credit cards would, on the surface, appear to violate this act.

Roger C. Hochschild disagreed, arguing that “every card transaction is a new extension of credit … This makes it difficult — and risky — to underwrite, and price, the loan based solely on the borrower’s credit-worthiness at the time of application [for the card].”

Ryan Schneider, agreed: “The ability to modify the terms of a credit card agreement to accommodate changes over time to the economy or the credit-worthiness of consumers must be preserved.”

“Attempts to interfere with the market here … will inevitably result in less credit being offered,” warned Bruce Hammonds. “Risk-based pricing has democratized access to credit,” he added.

All three credit card executives also mentioned an ongoing Federal Reserve System review of credit card rules that already proposes a 45-day notification ahead of any rate changes.

Committee members criticized the industry for varying practices. Included in the criticism was the practice of mailing checks to card-holders, failing to notify applicants that obtaining additional cards could lower their credit score and raise their rates, and “ambushing” card-holders with raised rates.

Ranking minority member of the subcommittee, Norm Coleman said, “families find themselves ensnared in a seemingly inescapable web of credit card debt. They particularly report being saddled with interest rates that skyrocketed on them seemingly out of the blue.”

Wednesday, November 8, 2006

A survey, conducted by the Patients’ Association, an independent charity devoted to defending the interests of patients, has revealed “unease and concern among health professionals” that infection control practices in the United Kingdom’s National Health Service are “endangering patients’ lives”. The survey published today, revealed that NHS infection control staff felt that infection control was inadequately financed, that training was inadequate and that much time has to be spent reassuring patients.

The Association is concerned that the financial deficits of many NHS trusts may prejudice good infection control practice because the resources allocated for this are not effectively ring-fenced. There was evidence of inadequate training and execution of good practice. The report also listed shortcomings in way supplies were acquired and delays in getting supplies of the preferred disinfectant: 2% Chlorhexidine-based solution.

BBC reported that a recent paper to a Society for General Microbiology conference by a University of Leeds team has shown that two chemical cleaners commonly used in hospitals, far from reducing the prevalence of Clostridium difficile (C. difficile) bacterium, actually increased its ability to survive. Only cleaners containing bleach had been proved effective in disposing of this bacterium. Authors of the paper refused to disclose what those two cleaners were.

There is particular concern in the Patients’ Association about the absence of adequate data on the spread of C. difficile. The Telegraph quotes Katharine Murphy, of the Patients’ Association, as saying: “Collection of data about this very dangerous infection is haphazard to say the least, and we are not getting the true picture. How can patients have confidence in their hospitals if the real threat posed by C. difficile is being played down?”

The Report found that only a fifth of respondents confirmed the collection of surgical-site infection data and that only 27% reported infection data about C. difficile; despite the requirement that Trusts collect and report these data.

Trusts are also required to report the incidence of surgical-site infection, but the Patients’ Association survey found that only a fifth of respondents confirmed the collection of these data.

The Patients Association called this a “worrying and haphazard situation”.

The Telegraph reports that experts consider that C. difficile is an even greater threat to patient’s health than MRSA.

Leicester NHS Trust has reported 49 deaths associated with C. difficile. in three of its hospitals. Six deaths have been reported at Maidstone Hospital and the Healthcare Commission has been asked to investigate. C. difficile was associated with the deaths of nearly 1000 patient in 2003.

A new Code of Practice “for the prevention and control of healthcare associated infections” was issued by the Department of Health in October 2006 under the Health Act 2006. This refers to the NHS in England and Wales only.

Monday, September 24, 2007

Andrew McAvoy is running for the Green Party of Ontario in the Ontario provincial election, in the Windsor-Tecumseh riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Friday, October 1, 2010

The Health Centre of Gra?anica reported a man from central Kosovo died because of late medical attention. He was unable to call for medical attention due to telephone signal cuts in Kosovo.

The Health Centre announced on their website the patient with initials M.D. died Tuesday at 17:10 CET and was “the first victim of a violent and inhuman phone line cuts.”

Centre director Radmila Trajkovi? said, “His daughter came to our health institution upset, saying that her father was in a very serious condition and that they had been unable to call the ambulance all night.

“By the way, he was suffering from angina, he had cerebral infraction earlier and he was in a serious chronic condition, but on September 27 his condition acutely worsened.”

The Health Centre added that on September 27, the patient was already feeling ill, but he could not call for help.

Monday, July 9, 2007

Tournament favourites and debutants Australia have drawn 1-1 with a skillful Oman in the second match in Group A of the 2007 AFC Asian Cup.

Oman shocked the Socceroos when they scored on thirty-two minutes, after some enterprising play on their left-hand flank. A ball cut back made its’ way through the Australian defence to Omani striker Badar Mubarak, who slotted the ball low into the left-hand corner of the goal.

Oman very nearly had a second goal on three separate occasions in the second half. They were only denied by three world-class saves by Australian goalkeeper Mark Schwarzer, including a low save from a driving volley by Ahmed Mubarak, a reflex save to stop a point-blank header in the seventieth minute, and then another low-down save minutes later from Fawi Bashir’s driving shot.

A heavy downpour began ten minutes prior to the final whistle, and it appeared to reinvigorate Australia. They pressed forward in numbers, and were rewarded in injury time with a goal to Everton midfielder Tim Cahill, after a low volley by Marco Bresciano was well-saved by Omani keeper Suleiman Al Mazroui.

Cahill achieved the remarkable double of scoring both Australia’s first Asian Cup and World Cup goals, after he scored in the eighty-third minute of their match against Japan at the 2006 FIFA World Cup. He and John Aloisi capped off the comeback by scoring twice late to defeat Japan 3-1.

The Australian players were visibly frustrated by Oman’s play-acting tactics, which saw the stretcher used four times in the first half alone. British match commentator Simon Hill described the tactics as “a blight to the game” and “absolutely rubbish”, the latter in relation to one incident where no contact was made whatsoever. When queried about it after the game, Arnold said cynically “welcome to Asia”.

The Australians were flat and their defending was poor, said coach Graham Arnold at the post-match media conference. He also commented on goalkeeper Schwarzer’s three fantastic saves, saying “Mark Schwarzer’s got us out of jail. Schwarzer’s made two unbelievable saves, otherwise it’s 2-0 and all over”.

The draw leaves all four Group A teams equal on the table on one point, with one goal for and one against, following Iraq 1-1 draw with hosts Thailand yesterday.

In the other game played yesterday (UTC), co-hosts Vietnam caused a major shock by defeating United Arab Emirates in their Group B fixture.

The Emirates are the current Gulf Cup champions, and the hosts were expected to struggle to win this match, or progress from Group B which includes two-time Asian champions Japan and Asian Games gold medallists Qatar. Vietnam is playing at Asian Cup level for the first time in nearly half a century.

UAE had the better of the chances in an otherwise-even first half, with the best Faisal Khalil‘s shot in the thirtieth minute, which was well-saved by Vietnamese goalkeeper Duong Hong Son who managed to turn the ball around the post for a corner.

However, they scored two second half goals to take the three points from the My Dinh National Stadium. On sixty-three minutes, a counter-attack from the half-way line involving three Vietnamese players resulted in defender Huynh Quang Thanh putting the ball in the back of the net.

Vietnamese player of the year Le Cong Vinh made it 2-0 nine minutes later when he chased down a long ball and calmly lobbed it over Emirates goalkeeper Majed Nasser, who had come off his line to try and avert the danger.

Bruno Metsu, coach of the United Arab Emirates, substituted players and launched an all-out attack to try and salvage something, but failed to find the goals he needed.

Sunday, October 17, 2010

Yannis Dalianides, a Greek film director who worked on over 60 movies, has died at the age of 87. Dalianides died after spending a month in hospital. He was known as the “godfather” of the Greek musical and the “Gentle Knight of Popular Cinema”.

Born in 1923, Dalianides was placed in a children’s home until he was adopted. He made his first appearance in children’s theatre at the age of 10. He studied at the Drama School of the Thessaloniki Conservatory, before moving to Vienna and studying dance. Dalianides tried choreography before turning to cinema.

After appearing as an actor he directed his first film in 1959, titled, Mousitsa (The Temptress). He continued to have success with films such as Some Like It Cold, Downhill, and Training Old Man Yorgis. From 1961 to 1977, Dalianides worked exclusively for the Fino’s Film Company. Dalianides is credited with the introduction of the musical into Greece but preferred the term “musical comedy”.

Dalianides worked into his seventies. His last project was Mikres Amarties, a television series made in 1999. Dalianides funeral will take place on Monday; he will be buried at Athens’ First Cemetery.