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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
Jun 10, 2009
Page
4
President Barack Obama signed a law aimed at curbing consumer costs on credit cards. The bill bans several surprise fees and practices used by issuers to boost profits. Critics note what the law may not address and potential unintended consequences that are already emerging.
The proposed bill demands explicit payoff timelines for outstanding balances and a 45 day notice of changes to interest rates or credit limits. It does not cap rates or fees or address behavioral profiling. In the short term issuers may raise APRs and fees, altering competition and consumer costs.
Howard News Service reports a debate over Obama’s civil rights priority. The author argues school choice is the true crisis, noting DC voucher program cuts affect 1,700 pupils while citing alignment steps like LGBT month and same sex benefits for diplomats. The piece frames public schools as promoting sexual relativism, urging traditional values for low to middle income families.
The article reports on Sonia Sotomayor’s慎 quiet strategy as she approaches confirmation hearings. It notes Republican criticisms, Gingrich and Limbaugh reactions, and Reid’s call for a fast, straightforward hearing.
A reader critiques Memorial Day Insight's editorial balance. They argue the Constitution grants limited equality claims while socialism and liberal funding reshape policy debates. They challenge Mitchel Olszak on objectivity about Bush and Obama policies and accuse donors like George Soros of influencing media.
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