Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts

Friday, June 22, 2018

News Round-Up: June 22, 2018

InstaHunk Obaid Habibi

Some news items you might have missed:

• I'd love to lie and tell you this is my new assistant, but alas, no. It's InstaHunk Obaid Habibi hanging out at his laptop :)

• A Kansas man was arrested trying to have sex with a parked car. I kid you not.

• A promising HIV vaccine demonstrated its power by neutralizing HIV strains in animals and is almost ready for human testing.

• A cop, charged with rape and indecent assault and battery performed in a broom closet, says the sex was consensual. At the time of the encounter, the officer was married to a woman who happened to be the chief of police.

• S-Curve Records has signed this year's Eurovision Song Contest champ Netta. The Israeli pop maverick's viral smash "Toy" has been viewed over 76 million times since the competition.


• 60% of LGBTQ+ student loan borrowers say they regret taking out student loans. On average, LGBTQ borrowers have $112,607 in student loan debt — $16,000 more than the general population average of $96,211.

• The U.S. Supreme Court has ruled that law enforcement authorities need a warrant before tracking a cell phone's location data. In the ruling, SCOTUS likened cell phones to GPS ankle monitors.

• Barbra shared this short clip via Instagram and I had to watch five times. From "Barbra The Concert," its currently available on Netflix.

Monday, June 6, 2016

John Oliver Makes History Giving Away Almost $15 Million


On Sunday night's edition of HBO's Last Week Tonight, John Oliver explored and explained the ugly world of debt of debt-buying.

And to really get a firm grasp of the industry, he and his team formed their own debt-buying company (Central Asset Recover Professionals, short for, “C.A.R.P., after the bottom-feeding fish.)”

And then CARP spent $60,000 buying almost $15 million in old medical debt.

Why? So Oliver could then forgive all that debt, thereby becoming the biggest giveaway in the history of television beating even Oprah Winfrey herself.

Watch the segment below.