No matter how much you want to protect the privacy of someone receiving a structured settlement, someone else with a fancy computer or data mining program is going to find them and make them an offer to buy their payments.
With the tsunami of media leading into the 10th anniversary of Hurricane Katrina on Saturday, it seems impossible that an author could come up with a new, insightful and passionate history of the 10 years after the hurricane that is not a rehash of something that has been already said.
In the over 90 years since William Jennings Bryan's death, we have seen scores of major atrocities played out with the theory of "survival of the fittest" as a motivating factor. We are also seeing it at every level of business and society.
My father was a bookie and professional gambler who worked in several of the area's "hot spots." In a town full of hustlers, prostitutes and gamblers, the profession they looked down on was loan sharking.
"Financial reform" is a boon for people in the payday loan business. When people fall out of the world of traditional banking, they are still going to need bank-like services. Payday lenders will be in position to fill the gap.
"Financial Reform" will be a boom for people in the payday loan business. There will be many new customers who need bank-like services. It's almost like Congress implemented a plan of "Reverse Robin Hood."