NEWS STAND: Obama's Wall St. Showdown, Naomi Campbell's Blow-Up, Reggie Bush and more..

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Party Over Here: Democrats set showdown vote on Wall Street bill

Well it seems that the Democratic Party has finally figured out that bi-partisanship doesn't really work. They have dropped the hammer on Wall Street and the Republican Party by setting a vote on financial industry regulation for Monday. President Obama even shamed the financial industry for working against them as opposed to with them. We agree that they've got a whole lotta nerve after running the economy into the ground. We're thinking self-regulation isn't working. SEC oversight isn't working. Something has to happen so that we're not oh let's say unemployed, underemployed, foreclosed on, or having to watch our retirement funds dissipate in perpetuity. We don't know about you, but we're tired of seeing Wall Street get off the hook, while so many of us are left on it.

Dropkicked while down: Insurer targeted breast cancer patients for cancellations

From the "are you kidding us file" health insurance subsidiaries under WellPoint cancelled the insurance policies of women that were diagnosed with breast cancer. Yes, you read right. These were women who paid their premiums and were dropped due to an algorithm employed by WellPoint that targeted women diagnosed with breast cancer. How so? They would call with aggressive investigative tactics or just cancel without notice. Nice. Interesting strategy: stress out people already stressed about their health. This was discovered after it was discovered that Assurant Health targeted people with H.I.V. for cancellation. Still think that government regulated universal healthcare is a bad idea?

 

Black by Popular Demand: Steve Benjamin Elected Columbia,SC's First Black Mayor

History has been made in yet another southern city.  Columbia, South Carolina elected Steve Benjamin as the city's first black mayor. It's great to see black folks participating in local elections and not resting on our laurels following a historic national win. You may remember Steve Benjamin as the lobbyist/attorney that helped clear the names of two of Tom Joyner's great-uncles who were falsely accused of and executed for a crime they did not commit. Unfortunately Benjamin was involved in a car accident on his way to a media appearance following the historic win. He and his wife are fine, but the driver of the other vehicle is still hospitalized. Talk about a metaphor for politics. Buckle-up because he's in for a long ride. Hopefully, the road won't stay this bumpy.   

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