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Overdraft fees drain consumer dollars

Consumers who maintain low and no cushions in their checking accounts may have thought that the overdraft “banking service” was a big help against bouncing checks. But as the use of debit cards have replaced most cash purchases, this “service” has become a drain of available cash for consumers and a major source of revenue for banks.
A new research report by the Consumer Financial Protection Bureau (CFPB) found that the majority of debit card overdraft fees are incurred on transactions of $24 or less. Further, as the majority of overdrafts are repaid within three days when the bank repays itself from the consumer’s next deposit, the median overdraft fee of $34 carries the equivalent of 17,000 percent annual percentage rate (APR).

LL hasn’t lost his street cred

hip hop_corner
I had the honor of sitting in on LL Cool J’s private listening session in New York City.  He was previewing excerpts from his upcoming release of the “G.O.A.T. 2.” When super producer Alize Jones from Beatbrokerz Ent. invited me to the session, I was thinking, what’s he (LL)  trying to do with the hood?  You would think that he would have lost some of his street cred being in Hollywood but he represented the evolution of Hip Hop. His demeanor was well versed and professional but his swag was hood.
Everybody in the studio was Hip Hop, the vibe was Hip Hop, the love was Hip Hop, LL is Hip Hop.
It was the ultimate atmosphere of what Hip Hop is supposed to look like. It was opportunity in the air.  Young producers playing their best tracks for The Greatest of All Time?  LL checking for the tastemakers to whip their head back and forth?  Where they do that at?  I was waiting for Ashton Kushner to pop out and say, “You just got Punked.”

Natural ways to prevent yourself from contracting Ebola

Every time you click on a news site these days, you are sure to see a headline or two with something about Ebola. While Ebola hasn’t actually been contracted by anyone currently living in the US, it is currently residing in our country.
Two American doctors who were working closely with people in need sadly contracted the disease and were brought home to the US for treatment.

Unarmed black man, Ezell Ford, shot by police in LA

LA Shooting
While the country is still reeling from the news and aftermath of the fatal shooting by police of unarmed Ferguson, Mo., teen Michael Brown, KTLA is reporting that a 25-year-old mentally challenged man, who his family says was complying with officers, was shot and killed while lying on the ground. He also was unarmed.
According to the news station, Ezell Ford, 25, was only blocks from his South Los Angeles home Monday when officers stopped him. Police claim that it was an "investigative stop" but have not stated why Ford was being investigated. According to police, a struggle ensued and police "opened fire," indicates a Los Angeles Police Department news release issued Tuesday and viewed by the news station.

After Michael Brown’s killing, echoes of the ’65 Watts rebellion

watts reflection
The killing of Missouri teenager Michael Brown by police, followed by two consecutive nights of racial upheaval in his hometown of Ferguson, coincides with the anniversary of one of the nation’s biggest civil disturbances.
Forty-nine years ago this week, Los Angeles’ Watts neighborhood erupted into a weeklong urban rebellion in the aftermath of a confrontation between police and local black residents.