Tuesday, May 29, 2012

Potluck #49

17 comments:

Anonymous said...

How much longer does the Super. need to be mentored by the guy who can't say his job title at the board meetings without laughing?

Anonymous said...

as long as the gravy train's a-rollin

Anonymous said...

Who are you talking about? Harm?

Newt said...

They don't want to be shaken up. They're very comfortable presiding over the decay as long as they get to keep playing their games.

Anonymous said...

Yeah, "Don Harm Acting ha ha ha Principle Morrisville Secondary ha ha Intermediate ha ha High School." Does he know what his job is? He seems to change his title every meeting and then chuckle about it.

Anonymous said...

Ferrara can wear one more hat. Signifcant cost savings if you can get 5 votes. A big IF b/c SOC hired Ferrara & Harm. They won't even ditch Wandling let alone Harm.

Jon said...

Does anyone know how the heat situation was in the Morrisville school buildings today? I saw that Pennsbury had some early dismissals today due to excessive heat and lack of A.C.

Anonymous said...

Jon, SOC installed state of the art windows and air conditioning. The new Morrisville Senior Intermediate Elementary One Room Schoolhouse building is ready to go.

Please do not try saying that last sentence outloud. It hurt my tongue on so many levels that my brain shut down.

Anonymous said...

2 comments:

Anyone who says the classrooms in HS/MS/or whatever you want to call it is air-conditioned is not telling the truth! Certain classrooms are air conditioned, but the majority are not.

Also I'd really like to know exactly what the 'acting' principal or whatever he is does.

Anonymous said...

If I recall correctly, the SOC contractors really botched up the heating job. Didn't they get $100,000 extra just to get the heating to work? They plumbed it in such a way that you can never go back and add the AC plumbing that's sitting in the units. Way to go SOC. So even if you were told you can go back and put in the air, you cannot because of how the units were put in. Marlys, should we send in an opinion about this?

Jon said...

Wasn't Vitetta involved in all this? Oh that's right, they were. Who hired Vitetta in the first place? Oh that's right, SOC did.
Didn't SOC also hire Angelo Rago to oversee everything? Oh that's right, they did. Didn't Vitetta and Rago both work on the Bristol School project? Oh that's right, they did. Marlys is more twisted than an a sackful of Rita Ledger Twizzlers.

Anonymous said...

Nicely done

Anonymous said...

Sounds great. Just what we need!


House passes ''pay day' loans bill with high interest rates

Posted: Thursday, June 7, 2012 5:45 pm | Updated: 8:51 pm, Thu Jun 7, 2012.
By James McGinnis Staff writer | 2 comments
Posted on June 7, 2012
by James McGinnis
Pennsylvania is one step closer to authorizing short-term “pay day loans” with interest rates and charges as high as 300 percent for some borrowers.
Several state lawmakers from Bucks and Montgomery counties voted Wednesday in support of House Bill 2191, which would allow such loans to be offered by companies operating in the state.
Economists from the Keystone Research Center characterized the bill as “bankruptcy by design” for the cash strapped.
For example, Pennsylvanians could soon be offered a 14-day, $300 loan with fees and interest charges of about $42.50, under the legislation.
Some label that as both excessive and dangerous.
“This bill legalizes a form of predatory lending that traps many borrowers in a long-term cycle of debt,” said Mark Price of the KRC. “In states with similar laws, the typical borrower is indebted for more than 200 days a year, while payday lenders derive 60 percent of their revenue from borrowers with 12 or more loans annually.”
Supporters say the bill is a consumer protection measure. State Rep. Frank Farry, R-142, said residents of Pennsylvania are getting bilked by lenders in other states, where far higher interest rates are charged to borrowers.
One such company, the California-based Online 1-Hour Loan, said it connects borrowers to banks where borrowers can pay an “APR from 260% to 521% or higher,” according to the company. “Other consumers may pay an APR as high as 782%.”
Farry co-sponsored the legislation adopted shortly after 7 p.m. Wednesday. The vote was 102-90. Other supporters included state Reps. Paul Clymer, R-145, John Galloway, D-140, and Scott Petri, R-178, from Bucks County.
State Rep. Gene DiGirolamo, R-18, had voted in favor of the bill on May 8 as a member of the House Consumer Affairs Committee. Later, though, DiGirolamo told the newspaper he had concerns about borrowers getting “caught in this cycle of payday loans."
He voted against the bill on the House floor, joining state Reps. Tina Davis, D-141, Bernie O’Neill, R-29, Steve Santarsiero, D-31, Marguerite Quinn, R-143, and Katharine Watson, R-144, from Bucks County.
In Montgomery County, the legislation was supported by state Reps. Todd Stephens, R-151, and Robert Godshall, R-53.
Also in Montgomery County, state Rep. Thomas Murt, R-152, voted against the bill.
State Rep. Kate Harper, R-61, was not present for the vote, according to the state House. The legislation now moves onto the state Senate for consideration.

Anonymous said...

I don't think Jesus would approve, he frowned upon usury.

Anonymous said...

Harrisburg's summer rush
Long-pushed bill to bring back payday lending stores gets another try.
Amy Worden
Inquirer Harrisburg Bureau
HARRISBURG - It's a typical June in the Capitol: As the summer break nears and a multibillion-dollar budget is being parsed and penciled behind closed doors, the House and Senate are hurrying lesser bills through the voting process like short-order cooks flipping pancakes.
Some of those pancakes deserve a second look.
One fast-tracked proposal would bring back the controversial practice of payday lending to stores in neighborhoods, strip malls, even hospitals.
The measure passed the House on a 102-90 vote Wednesday, after a veritable army of lobbyists for the short-term loan industry worked Capitol offices.
Among the firms represented: Cash America, one of the nation's largest payday lenders, which in this legislative session has reported spending $125,000 on lobbying in Harrisburg.
Sometimes, legislative leaders put members' pet bills on the calendar even if they have little hope of passage, the better to give those members something to tout in an election year - which this is.
For instance: the clutch of conservative legislators who want to abolish property taxes by expanding the sales tax. Or gun-rights supporters, pushing a bill to put the kibosh on cities' ability to enact their own gun laws by giving any "aggrieved" group - such as the National Rifle Association - legal standing to sue those cities.
Longtime Harrisburg observer G. Terry Madonna says the rush of bills this June is par for the course.
"Typically, governors have had to wheel and deal with leaders who have to wheel and deal with members, not just on the budget but with other items on agenda," said Madonna, a political scientist and pollster at Franklin and Marshall College. In recent years, he said, the legislature's schedule "leaves this period when bills move quickly with little notice."
Sometimes, the stars align in June for a bill that has languished. The payday loan bill's chief sponsor, Rep. Chris Ross (R., Chester), has pushed the issue for a decade - but for most of that time, Democrats ruled in the House and the governor's office. Now both are in GOP hands; the vote on the bill was mostly along party lines.
Ross said the legislation offers a regulated alternative to questionable Internet loans. "People are taking short-term loans out and are availing themselves of something that is totally unregulated," he said. "We need a regulated, licensed alternative."
While offering no specific evidence that online loan lenders are scamming Pennsylvanians, he said their very existence proves people are using them.
Ross likens short-term lenders to corner grocers past, who would advance customers a few weeks' credit so they could feed their families.
The legislation would require short-term lenders to get state licenses and abide by rules governing loan terms and limiting borrowers to a maximum of 25 percent of their gross monthly income, or $1,000, whichever is less.
It would allow lenders to charge 12.5 percent interest plus a $5 fee on each loan. A $300 loan, for example, would cost $342.50 to repay at the end of two weeks.
Opponents argue that the bill's language on interest rates is trumped by the fact that most borrowers can't repay loans in two weeks.
"Twelve and half percent doesn't sound bad for two weeks, but you have to look at the annual percentage rate - and that's at 369 percent," said State Rep. Mike Sturla (D., Lancaster).
Payday lending stores left Pennsylvania in 2005 after new federal rules made the practice less attractive to banks.
Groups representing military families, retirees, and others say storefront loans with high interest rates tend to trap desperate people in a cycle of debt.
Kerry Smith, a lawyer with Community Legal Services in Philadelphia, said the House bill gives lenders a way around existing laws that cap interest rates at 24 percent.

Anonymous said...

Why are we fostering what got us into this financial meltdown mess in the first place?

Anonymous said...

Answer: The measure passed the House on a 102-90 vote Wednesday, after a veritable army of lobbyists for the short-term loan industry worked Capitol offices.