Tag: Pay

President Asshat Bullied Bank To Pay Racial Settlement Without Evidence

Obama Bullied Bank To Pay Racial Settlement Without Proof: Report – New York Post

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Newly uncovered internal memos reveal the Obama administration knowingly exaggerated charges of racial discrimination in probes of Ally Bank and other defendants in the $900 billion car-lending business as part of a “racial justice” campaign that’s looking more like a massive government extortion and shakedown operation.

So far, Obama’s Consumer Financial Protection Bureau has reached more than $220 million in settlements with several auto lenders since the agency launched its anti-discrimination crusade against the industry in 2013. Several other banks are under active investigation.

That’s despite the fact that the CFPB had no actual complaints of racial discrimination – it was all just based on half-baked statistics.

A confidential 23-page internal report detailing CFPB’s strategy for going after lenders shows why these companies are forking over millions of dollars in restitution and fines to the government despite denying any wrongdoing.

The high-level memo, sent by top CFPB civil-rights prosecutors to the bureau’s director and revealed by a House committee, admits their methods for proving discrimination were seriously flawed from the start and had little chance of holding up in court. Yet they figured they could muscle Ally, as well as future defendants, with threats and intimidation.

“Some of the claims being made in this case present issues, such as use of [race] proxying and reliance on the disparate-impact doctrine, that would pose litigation risks meriting serious consideration prior to taking administrative action or filing suit in district court,” the Oct. 7, 2013, memo addressed to CFPB chief Richard Cordray acknowledges.

“Nevertheless,” it added, “Ally may have a powerful incentive to settle the entire matter quickly without engaging in protracted litigation.”

At the time, the Detroit-based bank was seeking permission from the Federal Reserve to remain a financial holding company. Without regulatory approval, Ally risked losing key business lines, primarily its insurance subsidiaries.

“Protracted litigation” would present “a high hurdle” to Ally retaining such status, the CFPB lawyers conspired.

Prosecutors also sought to use the Community Reinvestment Act as leverage against Ally. At the time, the FDIC was reviewing the bank’s compliance with the anti-redlining law.

They huddled with FDIC and Federal Reserve officials to get them on board with their scheme; and the Fed assured them it would look favorably upon “a prompt and robust” settlement by Ally, while the FDIC confirmed that a quick resolution would help Ally pass its CRA exam.

So CFPB applied the screws to Ally, saying it had “statistical evidence” showing its participating dealers were “marking up” loan prices for blacks and Hispanics vs. whites (by an average of $3 a month). Ally fought back, insisting non-discriminatory factors, such as credit history, down payments, trade-ins, promotions and rate-shopping, explained differences in loan pricing. After conducting a preliminary regression analysis, the bank found these factors alone accounted for at least 70 percent of the “racial disparities” the government was claiming.

CFPB admits in the memo that it never considered these or other legitimate business aspects of the car deals it investigated: “Such factors were excluded as controls from the markup analysis.”

Also in its initial rebuttal, Ally complained CFPB’s entire case was based on “disparate impact” statistics, not actual complaints by consumers, and that those estimates relied on guesswork about the race of the borrowers. (The auto industry does not report borrower race, so CFPB tried to ID race by last name and ZIP code, a so-called “proxy” method that is wildly inaccurate.)

“The evidence of discrimination on the basis of race and national origin is strictly statistical,” the agency confessed in a report footnote.

With all these machinations hidden from public view, Cordray held a press conference to announce “the federal government’s largest auto-loan discrimination settlement in history.” He claimed that 235,000 minorities had been harmed by Ally, even though he didn’t know the race of a single borrower or whether they had actually been harmed.

“He had no idea how many actual victims there were because their whole case rested entirely on statistical estimations they admitted internally were inaccurate,” said a senior staffer for the House Financial Services Committee, which recently obtained the internal documents from CFPB.

In fact, CFPB still has not been able to definitively ID the race of any borrower it claims Ally victimized – which is why it has taken more than two years to send remuneration checks to alleged victims. Desperate to find them, the bureau recently had to mail 420,000 letters to Ally borrowers to coax at least 235,000 into taking the money, and to allow Cordray to save face.

Checks started going out this month to the fictitious victims – just in time for the election. So what if some recipients are white? They will all no doubt thank Democrats for the sudden, unexpected windfall of up to $520 in the mail.

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Predictable: Leftist CEO Who Cut His Pay To Give Employees $70k Minimum Wage Has Pretty Much Ruined His Business

Lib Economics!! CEO Who Cut His Pay To Give Employees ‘$70k Minimum Wage’ Pretty Much Ruined His Business – Right Scoop

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When Dan Price announced that he would cut his million dollar pay in order to give his employees a $70,000 minimum wage, all the stupid little progressive morons rushed out to praise his “inspiring” move:

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Matthew P. Buckley
@docbuckley

I praise CEO Dan Price for raising the minimum wage of his workers to $70,000 and taking a pay cut himself: http://time.com/money/3831828/ceo-raise-70000-dan-price

10:12 PM – 24 May 2015
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Yannick Jacob
@Yannick_Jacob

#Inspiring: Dan Price, CEO of @GravityPymts, cut his own salary so that he could pay every employee a minimum of $70,000 a year. Way to go!!

6:50 AM – 1 Jun 2015
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TheCareerEngineer
@careerengineer

So as it turns out, guaranteeing employees a $70,000 salary is great for business. Gravity Payments CEO Dan Price… http://fb.me/1zDoeocyT

9:02 AM – 22 May 2015
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David Bocek
@davebocekwriter

Its a good thing what Dan Price of Gravity Payments is doing for his company. Paying a minimum salary of $70,000. Good idea in bad market

5:13 PM – 21 Apr 2015
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Tommy
@TommyGMeadeJr

CEO Dan Price, to their surprise, told his workers “that he thinks a $70,000 minimum wage is what everyone deserves.”

2:55 PM – 17 Apr 2015
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Not so fast, proggies!!! Just a few months later, that dude’s business is falling apart! LOL!

From Fox News:

Dan Price, 31, tells the New York Times that things have gotten so bad he’s been forced to rent out his house.

Only three months ago Price was generating headlines – and accusations of being a socialist – when he announced the new salary minimum for all 120 employees at his Gravity Payments credit card processing firm. Price said he was doing it, and slashing his $1 million pay package to pay for it, to address the wealth gap.

“I’m working as hard as I ever worked to make it work,” he told the Times in a video that shows him sitting on a plastic bucket in the garage of his house. “I’m renting out my house right now to try and make ends meet myself.”

The Times article said Price’s decision ended up costing him a few customers and two of his “most valued” employees, who quit after newer employees ended up with bigger salary hikes than older ones.

“He gave raises to people who have the least skills and are the least equipped to do the job, and the ones who were taking on the most didn’t get much of a bump,” Gravity financial manager Maisey McMaster, 26, told the paper.

She said when she talked to Price about it, he treated her as if she was being selfish and only thinking about herself.

“That really hurt me,” she said. “I was talking about not only me, but about everyone in my position.”

Approaching burnout, she quit.

Grant Moran, 29, also quit, saying the new pay-scale was disconcerting

“Now the people who were just clocking in and out were making the same as me,” he told the paper. “It shackles high performers to less motivated team members.”

Price said McMaster and Moran, or even critic Rush Limbaugh, the talk show host, were not wrong.

“There’s no perfect way to do this and no way to handle complex workplace issues that doesn’t have any downsides or trade-offs,” he said.

The Times said customers who left were dismayed at what Price did, viewing it as a political statement. Others left fearful Gravity would soon hike fees to pay for salary increases.

LOL! I LOVE IT! This is almost as good as the Seattle minimum wage debacle! I really can’t say which is more satisfying – if y’all want to debate in the comments, be my guest. Now excuse me, I have a glass of delicious liberal tears to enjoy.

Just kidding, that would probably be disease-ridden.

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USSC Shuts Down Obama’s Attempt To Force Christian Groups To Pay For Their Employees’ Abortion-Inducing Drugs

The Supreme Court Just Gave Obama Some Very Bad News – Tell Me Now

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The Supreme Court just ruled against a major Obama agenda in a decision that is sure to leave the president devastated.

The highest court in the land just ruled against Obama’s attempt to force Christian organizations to pay for abortion-causing drugs for their employees. This is the fifth time the Supreme Court has ruled against President Obama.

Christians everywhere rejoiced at the decision and were thankful that their religious freedoms were being protected.

“How many times must the government lose in court before it gets the message?” asked Lori Windham, Senior Counsel for the Becket Fund for Religious Liberty. “For years now the government has been claiming that places like Catholic Charities and the Little Sisters of the Poor are not ‘religious employers’ worthy of an exemption.”

“That argument has always been absurd. Every time a religious plaintiff has gone to the Supreme Court for protection from the government’s discriminatory mandate the Court has protected them,” she added. “That’s what happened to the Little Sisters of the Poor, Wheaton College, Notre Dame, and Hobby Lobby.”

“The government really needs to give up on its illegal and unnecessary mandate,” Windham concluded. “The federal bureaucracy has lots of options for distributing contraceptives–they don’t need to coerce nuns and priests to do it for them.”

The Supreme Court has told Obama no time and time again, yet he just can’t seem to get the message. Hopefully, this time he finally will.

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Obama Regime Forced To Pay $570,000 To Pro-Life Legal Group Over Abortion Pill Mandate

Obama Admin Forced To Pay $570,000 To Company It Tried To Force To Obey HHS Mandate – Life News

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The bill is coming due, literally, for the Obama administration over its attempts to force companies to comply with the HHS mandate, that compels them to pay for drugs for their employees that can cause abortions.

The pro-life legal group ADF obtained a settlement in federal court Friday that requires the Obama administration to pay an agreed-upon amount of $570,000 to ADF and allied attorneys who won a lawsuit at the U.S. Supreme Court against the abortion-pill mandate in Conestoga Wood Specialties v. Burwell.

Conestoga Wood is one of the companies that challenged the abortion mandate in court and the high court eventually sided with them and Hobby Lobby, the most prominent firm taking on the Obama mandate.

“The government does a serious disservice to taxpayers when it pursues unjust laws that force many of them to defend their constitutionally protected freedoms,” Alliance Defending Freedom Senior Legal Counsel Matt Bowman told LifeNews.com. “While this case is finally over, many others remain. We hope the administration will stop defending its indefensible abortion-pill mandate and end its waste of taxpayer dollars on a fruitless quest to force people to give up their freedom to live and work according to their beliefs.”

Alliance Defending Freedom attorneys represent Conestoga Wood Specialties and the Hahn family, Mennonite cabinetmakers in Pennsylvania who appealed to the nation’s high court after a divided federal appellate court ruled against them. The Supreme Court eventually sided with the company.

“The cost of religious freedom for the Hahn family and many other job creators across the country who face this mandate is severe,” added Senior Legal Counsel Matt Bowman. “A family should not face massive fines and lawsuits just because they want to earn a living consistent with their faith.”

The mandate could have cost the family nearly $3 million per month in fines if it doesn’t agree to live contrary to its Christian convictions. It forces employers, regardless of their religious or moral convictions, to provide insurance coverage for abortion-inducing drugs, sterilization, and contraception under threat of heavy penalties by the Internal Revenue Service and other federal agencies if the mandate’s requirements aren’t met.

Conestoga Wood Specialties owners Norman Hahn, Elizabeth Hahn, Norman Lemar Hahn, Anthony H. Hahn, and Kevin Hahn desire to run their company, a wholesale manufacturer of custom wood cabinet parts, in a manner that reflects their Christian beliefs, including their belief that God requires respect for the sanctity of human life.

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Socialist Party Demands $20 Minimum Wage, But Insists It Shouldn’t Have To Pay Its Employees $20 An Hour

Socialist Party Demanding $20 Minimum Wage Insists It Should Not Be Subject To $20 Minimum Wage – Daily Caller

The socialist party in Seattle that wants to raise the federal minimum wage to $20 per hour but advertised a job last week for an experienced web developer paying just $13 per hour is now defending itself.

The Huffington Post, which was sued by a bunch of unpaid bloggers after founder Arianna Huffington sold the website for $315 million, has the story.

The argument from the Freedom Socialist Party is that it cannot afford the minimum wage it seeks to impose on every commercial entity in America.

Doug Barnes, the Freedom Socialist Party’s national secretary, claimed that the collectivist political organization shouldn’t be subject to its own wage demands because it is a nonprofit that receives revenue from leftist contributors.

“We’re practicing what we’re preaching in terms of continuing to fight for the minimum wage,” Barnes told the HuffPo. “But we can’t pay a lot more than $13.”

Barnes also suggested that the Freedom Socialist Party would make more money off the backs of the low-wage workers he claims make many contributions if the federal government or state governments forced businesses to pay employees a minimum of $20 per hour.

“Our donor base would all be affected, and the low-wage workers who support us with $5 to $6 a month would be able to give more,” he told HuffPo. “That would affect our ability to pay higher wages as well.”

He noted that he personally supports a $22 per hour minimum wage.

According to his Facebook page, Barnes is a graduate of the Evergreen State College.

His Facebook “likes” include Occupy Seattle, Syrian Revolution Support Bases, El Centro de la Raza, Mumia Abu Jamal and Bay Area Radical Women.

Despite his spirited defense of the help wanted ad, Barnes added that the Freedom Socialist Party has since removed its ad from both Indeed.com and Craigslist.

“The right-wing attack is very hypocritical,” the socialist – who wants a $20 minimum wage but has sought a $13-per-hour web developer – lamented.

The Daily Caller predicted such an outcome, by the way, and saved a screenshot of the ad as it appeared at Indeed.com. You can see it below.

In 2012, the Freedom Socialist Party’s national platform championed “full employment” and an increase in the minimum wage “to $20 an hour” for all employees in all jobs.

The Freedom Socialist Party’s 2012 political platform also demanded a 70 percent tax rate for “the top 1 percent”; “free multi-lingual public education, including ethnic studies, through college and trade school”; free abortions; bank nationalization; and the cancellation of all free-trade treaties.

Despite last week’s offer of a part-time, 20-hour-per-week, $13-per-hour job, the party also called for a 30-hour work week for everyone “with no cut in pay” and “a guaranteed annual income.”

A part-time web developer making $13 per hour and working 20 hours per week would bring home about $13,600 annually, before taxes.

The Seattle headquarters of the Freedom Socialist Party appears to be located in an apartment building directly across the street from a Bank of America branch.

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Obama’s Treasury Seizing Tax Refunds From Adult Children To Pay Parents’ Social Security Debts

Shakedown: Treasury Now Seizing Tax Refunds From Adult Children To Pay Parents’ Decades-Old Social Security Debts – Hot Air

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When I say “debts,” I don’t mean loans that the parents willingly sought from SSA. It would be bad enough to hold a kid responsible for that (since when are children responsible for their parents’ obligations?), but at least it would have been voluntarily incurred by mom/dad. The “debts” here are overpayments of Social Security benefits, the product of SSA’s own errors. The parents who received them might not have even realized they were getting money they weren’t supposed to have. And now, somehow, it’s junior’s problem.

But wait. It gets worse.

When [Mary] Grice was 4, back in 1960, her father died, leaving her mother with five children to raise. Until the kids turned 18, Sadie Grice got survivor benefits from Social Security to help feed and clothe them.

Now, Social Security claims it overpaid someone in the Grice family – it’s not sure who – in 1977. After 37 years of silence, four years after Sadie Grice died, the government is coming after her daughter. Why the feds chose to take Mary’s money, rather than her surviving siblings’, is a mystery…

“It was a shock,” said Grice, 58. “What incenses me is the way they went about this. They gave me no notice, they can’t prove that I received any overpayment, and they use intimidation tactics, threatening to report this to the credit bureaus.”…

Social Security officials told Grice that six people – Grice, her four siblings and her father’s first wife, whom she never knew – had received benefits under her father’s account. The government doesn’t look into exactly who got the overpayment; the policy is to seek compensation from the oldest sibling and work down through the family until the debt is paid.

SSA insists that they did send notice – to a P.O. Box that Grice hasn’t owned for 35 years, even though they have her current address.

How can they demand restitution for a mistaken payment made in the late 1970s, let alone from someone who didn’t even receive it? Because: The farm bill that passed in 2011 lifted the 10-year statute of limitations on debts owed to the feds. Treasury has collected more than $400 million since then on very old obligations, many of them below the radar of public scrutiny because the amounts are often small enough, i.e. a few hundred dollars, that the targets find it’s cheaper to pay up than to fight. It’s a shakedown, based on the flawed assumption that a child not only must have benefited from the overpayment to his parent but that he/she received the entirety of the benefit, with little proof offered that the debt even exists. (One man who was forced to pay demanded a receipt from SSA affirming that his balance was now zero. The SSA clerk told him he’d put in the request but that the man shouldn’t expect to receive anything.) The only reason you’re hearing about Grice’s case, I think, is because they went after her for thousands, not hundreds, of dollars, which was enough of a hit to make her get a lawyer. Turns out that the feds had seized and then continued to hold her federal and state refunds, an amount greater than $4,400 – even though they were only demanding $2,996 from her to pay off her father’s debt. Lo and behold, once WaPo found out and started asking questions, the $1,400 excess was promptly returned to her. Amazing how fast bureaucracy can move when someone looks behind the curtain.

The whole thing is Kafkaesque – opaque, oppressive, arbitrary, and sinister in its indifference to making sure the right person pays so long as someone does. After reading the story, it’s not obvious to me what’s stopping Treasury from demanding a payment from every taxpayer whose parents are dead. If the chief witnesses are gone and the feds don’t have to prove that a child actually received any benefits from overpayment, the only “check” on this process is SSA’s willingness to tell the truth about who owes them money and how much. You trust them, don’t you?

Exit question from Karl: Isn’t holding children responsible for their parents’ retirement debts the governing model of the Democratic Party?

Click HERE For Rest Of Story

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Related video:

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Teachers Union Fights To Pay Convicted Homosexual Child Molester $10,000 In Severance

Parents Horrified As Teachers Union Fights For $10,000 Severance For Child Molester – Daily Caller

Michigan’s largest teachers union will force arbitration in an effort to compel a rural school district to pay a $10,000 severance buyout to a former teacher convicted of molesting a teen boy.

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The disgraced teacher, Neal Erickson, had been a math and computer-education teacher at Rose City Middle School before he was convicted of having sex with the victim on multiple occasions. The sexual encounters began when the unidentified student was an eighth-grade student.

The boy’s father, John Janczewski, called the Michigan Education Association’s efforts to collect $10,000 for the convicted pedophile “ludicrous,” according to EAGnews.org. Janczewski notes that any money disbursed ought to go to his son, who is “out there trying to make it in this world all messed up.”

The criminal case against Erickson began when a seven-year-old photograph of the then-14-year-old boy was sent anonymously to the school board and superintendent. Details about what exactly was in the image are scant, but police concluded that the boy had sent it to Erickson in 2006.

The male in the photo, who is later graduated and attended Western Michigan University, told police that he and the pedophile teacher had a homosexual relationship.

There were about 10 encounters. They involved oral sex. They occurred at the teacher’s house.

According to EAGnews, the sexual relationship lasted a few years.

Erickson pleaded guilty to a single count of criminal sexual conduct. He was sentenced in July to 15 to 30 years in prison.

The police investigation into Erickson’s sex crimes began in October 2012, and it was then when he was placed on paid administrative leave.

In late March 2012, school district officials offered a $10,000 buyout for qualifying teachers who resigned that year. The buyout was a routine cost-cutting measure.

The union is arguing that Erickson was still employed in March 2012 and then later resigned. Implicit in the argument is that the child molester also meets the qualifications for the buyout. Thus, the union claims, Erickson should receive $10,000.

West Branch-Rose City school district superintendent Dan Cwayna declined to authorize the payment to Erickson.

“That was a decision the superintendent makes and at this point,” Cwayna told EAGnews, “I prefer not to get into the reasons.”

Union representative Ron Parkinson was similarly tight-lipped.

“We don’t make a practice of discussing any case,” Parkinson told the website. “It’s based on contractual compliance, and that’s really all I can say.”

Janczewski, the molested boy’s father, was a little more vocal.

“What are you going to say when you’re backing a child molester?” he asked incredulously.

Prior to Erickson’s sentencing, six current teachers and two retired ones penned letters to the presiding judge seeking leniency for their child-molesting colleague. The group – along with board member Michael Eagan – also sat with Erickson’s relatives during his sentencing hearing.

The letters painted a flattering picture of the convicted pedophile.

“I am asking that Neal be given the absolute minimum sentence, considering all the circumstances surrounding this case,” wrote concerned teacher Amy Huber Eagan, for example. Eagan, Michael Eagan’s wife, also asked the judge to send the child molester to the county lockup, not some real prison.

The judge, Michael Baumgartner, told the audience he was disgusted by the support shown by Erickson’s colleagues.

“I’m appalled and ashamed that the community would rally around, in this case, you,” the judge said.

Usually lackluster Rose City was a crazy scene after the sentencing hearing. The case created a lot of strife. An arsonist burned down the garage belonging to the Janczewski family.

The arsonist also spray-painted “YWP-ITY” on the side of the Janczewski house, notes Eagnews. Police say the letters are likely an acronym for “You will pay, I told you.”

The Janczewskis were among the most vocal residents pushing for the school board to remove the six current teachers and the school board member who showed support for Erickson.

At a summer school board meeting called to quell local furor, several parents promised to pull their kids from the school district unless the board immediately fired teachers who supported Erickson.

The school district opted to keep the teachers.

Meanwhile, John Janczewski continues to spearhead an effort to recall the school board member who sat with the child molester’s relatives in a show of support in open court.

Click HERE For Rest Of Story

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*VIDEO* Judge Jeanine Verbally Bitchslaps Obama Over his Refusal To Bury Soldiers, Pay Death Benefits


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