Recovery Threatened by Runaway Student Loan Debt

Today’s Middle Class is feeling squeezed from multiple directions: underwater with their homes and mortgage loans, feeling the impact of a faltering economy, and overwhelmed by debt.  Student loan debt is a non-yielding threat to the majority of struggling middle-class professionals and, surging above $1 trillion, U.S. student loan debt has surpassed credit card and  auto-loan debt in the U.S.  The National Association of Consumer Bankruptcy Attorneys warns that escalating student loan debt and delinquencies could be the next debt bomb for the U.S. economy.

Federal Appeals Court Demands DOJ Explain Obama’s “Judicial Activism” Comment

ABA Journal:  In response to a “judicial activism” comment by President Barack Obama, since clarified, about the health care law currently being reviewed for constitutionality by the U.S. Supreme Court, a federal appeals court judge overseeing a different health-care case has called for the Department of Justice immediately to provide a three-page single-spaced memo.

It should detail both the DOJ’s position and the views of U.S. Attorney General Eric Holder “in regard to the recent statements by the president, stating specifically and in detail in reference to those statements what the authority is of the federal courts in this regard in terms of judicial review,” said Judge Jerry Smith of the New Orleans-based 5th U.S. Circuit Court of Appeals during a Tuesday hearing, the Wall Street Journal Law Blog reports.

Continue reading federal appeals court demands DOJ explain Obama’s “judicial activism” comment.

Predictions for the Future of Legal Education

OnlineUniversities.com:  In its current state, legal education and the legal profession are not as close as you might think, in a system where law students engage in an overwhelmingly scholarly pursuit rather than professional education. This arrangement has worked for many years, but some experts say a change is coming, fueled by a declining economy, ultra-competitive job market, and the growing need for practice-ready legal graduates. We’ve found 10 interesting predictions for the future of law school, from no-frills law degrees to law schools with Enron-style accounting. Read on for an interesting look into what might represent the law school of the future.

1. It will look more like medical school: We’re likely to see an accelerated curriculum in law school, followed by more hands-on experience, much like medical school. Some schools like Northwestern have adopted this model, with a year of case method, a year of clinical, followed by a final year of externship in an area of focus. Experts believe this type of law school education would allow for a more practical legal education and a fast track to employment for law grads.

Continue reading predictions for the future of legal education.

Arizona Bill Reintroduced – Auto-glass Bill May Change The Direction Insureds Can Be “Steered”

A game-changing auto-glass bill under consideration by the Arizona Legislature is re-igniting a fresh wave of debate in that industry.  HB 2197 has been re-introduced to a new wave of resistance from Arizona’s largest auto glass repair and services provider.  HB 2197 was re-introduced because:

Abex.com: Currently, if motorists need auto-glass repair, they call their insurance companies and, depending on the insurer, may be referred to Safelite where a third-party administrator will send out an inspector. The vehicle owner then has a choice of shops to do the repair.

The Arizona bill would create a rotating list of repair shops, and the consumer would be given a choice of three providers to use. If the bill becomes law, Arizona would be the only state with a rotating list.

(for the full article, see the Arizona Builders Exchange)

One aspect of this development for consumers is that Chandler, which houses 600 Safelite employees, may see one of its major local business sources downsized.  While 600 is a large number, Arizona is sustaining an economic recovery despite a recent similarly-sized General Dynamics layoff and a number of other such reductions in force recently in Arizona.  Proponents of HB 2197 include the Arizona Auto Glass Association and say it would preserve consumer choice, level the playing field and increase competition in the state’s industry.  Safelite contends that the bill amounts to industry meddling.

Read more about the debate in the Arizona auto-glass industry here.

 

Whitney Houston News: “Sparkle” Film Trailer Makes Its Debut

MyWay.com: Viewers got a first glimpse of Whitney Houston’s upcoming film Monday when NBC’s “Today” show premiered a trailer for the much-awaited release, and a fuller clip debuted on Yahoo! Movies.

A remake of the 1976 original, “Sparkle” stars Houston as the mother of three girls who form a singing group and struggle with fame and drug addiction. The trailer displayed the daughters, including “American Idol” winner Jordin Sparks, in performance. Houston is prominent throughout, at one point singing the classic gospel song “His Eye Is on the Sparrow.”

Read more about Whitney Houston’s last film project here.

To catch a trailer of Whitney Houston’s last film project, go here.

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