OCTOBER 19, 2011
BRUCE A. BRENNAN BLOG FROM THE WORLD AND MY MIND
The news as I see it and the views as I want them.
October 19 is … Evaluate Your Life Day
Today could be a depressing day for many of us. Just try to look on the bright side of life.
The World Series starts on tonight. The Cubs are not in it. I do not think Tony LaRussa is going to get beat this year. Texas is a very good team but I think the manager will be the difference.
Boy, I am glad Bank of UnAmerica initiated the $5.00 per month per customer debit fees. They were shrinking down to a mere 6.2 BILLION dollar profit for the third quarter. Wait until the 3 BILLION dollar a year fees cstart coming inn.
Bank of America earned billions of dollars in profits last quarter, even as banking officials expressed concern recently about the effects of new regulations on their bottom line. The bank reported third quarter gains of $6.2 billion, compared to a $7.3 billion loss during the same quarter last year.
The increase in profits comes after Bank of America roiled customers by announcing that it will start charging customers $5 per month to use their debit cards for purchases in 2012. Shortly after the bank announced the fee, Bank of America CEO Brian Moynihan defended it, saying that the bank "has a right to make a profit."
Moynihan and other banking officials have said that they need to start charging fees on debit cards and checking accounts for once-free services to recoup the revenue they expect to lose as a result of financial reform regulations -- including a cap on the debit card swipe fee banks charge merchants -- passed as part of the Dodd-Frank act. Bank of America isn't the only bank adding new fees. Wells Fargo announced in August that it would test a $3 debit card fee this fall, while Citibank said earlier this month that it would start charging certain customers a $20 fee for low account balances.
President Barack Obama criticized the banks for the slew of fees in an interview with ABC News earlier this month, saying that they don't "have some inherent right just to, you know, get a certain amount of profit" if their "customers are being mistreated."
He just does not understand capitalism. These fees are a result of a law Congress passed and he signed. Now it is the bank’s fault.
This is child abuse. It surely is not helping the general acceptance of lesbian couples having children.
A lesbian couple in California who say their 11-year-old son Tommy who wants to be a girl named Tammy are giving their child hormone blockers that delay the onset of puberty -- so that he can have more time to decide if he wants to change his gender. The couple’s supporters say the Hormone Blocking Therapy has only minor side effects and is appropriate for a child who is unsure of his gender. "This is definitely a changing landscape for transgender youth," said Joel Baum, director of education and training for Gender Spectrum, a California-based non-profit group. "This is about giving kids and their families the opportunity to make the right decision."
But critics of the treatment say 11-year-olds are not old enough to make life-altering decisions about changing their gender, and parents should not be encouraging them. They say it’s too soon to tell what the side effects of the treatments may be, and they say Tommy’s parents, Pauline Moreno and Debra Lobel, are irresponsible for seeking them and allowing them to be administered. "This is child abuse. It's like performing liposuction on an anorexic child," said Dr. Paul McHugh, professor of psychiatry at Johns Hopkins University.
"It is a disorder of the mind. Not a disorder of the body. Dealing with it in this way is not dealing with the problem that truly exists.
The kid is eleven. He cannot decide if there really is a Santa Claus. He should not have a say in whether or not he has a working penus.
Just a couple of thoughts I had and you should too or at least think about.
BRUCE A. BRENNAN
DEKALB, IL 60115
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Holmes the Ripper
A Revengeful Mix of Short Fiction
"Money is like sea-water: The more we drink the thirstier we become; and the same is true of fame." - Schopenhauer