Online Hate – Handful Of Hate http://handfulofhate.com/ Tue, 27 Sep 2022 14:25:57 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://handfulofhate.com/wp-content/uploads/2021/06/icon-150x150.png Online Hate – Handful Of Hate http://handfulofhate.com/ 32 32 The 7 best financial stocks to buy now https://handfulofhate.com/the-7-best-financial-stocks-to-buy-now/ Tue, 27 Sep 2022 11:08:52 +0000 https://handfulofhate.com/the-7-best-financial-stocks-to-buy-now/ This is undoubtedly one of the toughest times for the stock market in years. Rising interest rates have been a thorn in the side for equity investors. However, there are hidden bull markets all the time, and perhaps the best financial stocks are what investors should watch closely. Financials have performed impressively regardless of economic […]]]>

This is undoubtedly one of the toughest times for the stock market in years. Rising interest rates have been a thorn in the side for equity investors. However, there are hidden bull markets all the time, and perhaps the best financial stocks are what investors should watch closely.

Financials have performed impressively regardless of economic cycles. For banks, in particular, rising rates are a bullish indicator, but it may be the opposite for asset management companies. Therefore, investors should do their due diligence before placing their bets on financial firms.

It is important to have sound investment criteria based on profitability, sales expansion, valuation and income. Moreover, it would also be the right decision if investors could potentially find strong financial stocks that help make the most of every adverse situation.

From a myriad of choices right now, I’ve selected seven of the best financial stocks you should add to your portfolios. These investments tick all the right boxes and offer a unique blend of the investment criteria mentioned above.

FSO SFO capital company $7.69
MSBI Midland States Bancorp $225.81
TRIN Trinity Capital $13.38
CINF Cincinnati Financial $90.26
ITUB Itau Unibanco $5.14
SBNY Signature Bank $151.00
RJF Raymond James $100.74

SFO capital company (FSO)

Source: Shutterstock

SFO capital company (NASDAQ:FSO) is a small-cap financial services company with a track record of incredible financial performance with solid profitability. It has had a penchant for rewarding its shareholders and is currently offering a stunning offer dividend yield of 13.50%.

The Company focuses on debt and equity financing for middle market companies. The majority of its portfolio is made up of floating rate debt instruments, which effectively protects it against declining assets in a high interest rate environment.

Its portfolio covers several segments of a company’s capital structure, protecting it from major credit risks. Consequently, its recent results are in line with its historical averages, despite troubling economic conditions as it trades at just 2.4 times forward sales estimates. This small cap gem cannot be ignored right now.

Midland States Bancorp (MSBI)

Source: Shutterstock

Midland States Bancorp (NASDAQ:MSBIlisten)) operates as a financial services holding company for Midland States Bank. It offers a range of financial services, including mortgages, retail banking, business services and cash management.

Midland operated a stable business that developed its the top line by about 10% over the past five years. Plus, it comes with an attractive dividend yield of 4.7%.

Recent results have been relatively strong and in line with its historical performance. Its loan portfolio experienced remarkable growth of 11% in the first half. However, it is likely to slow given rising interest rates.

Nonetheless, its acquisition plans should keep loan growth steady. It has a large floating rate loan balance, indicating single-digit earnings growth for the rest of the year.

Trinity Capital (TRIN)

An image of a businessman standing facing the camera with his hands in his pockets, his shadow cast behind him with his arms raised and bent

Source: lassedesignen / Shutterstock

Trinity Capital (NASDAQ:TRIN) is one of the most trusted names in the business development world, providing debt and equity financing to high-growth startups.

Its business has demonstrated a strong ability to thrive in difficult market conditions and has continued to pay significant dividends.

Business development companies fared significantly better than other financial firms in an environment of higher inflation. Venture capital funding typically slows in such an environment, increasing demand for risky debt.

Therefore, startups have had to turn to risky debt from companies such as TRIN. Reports have shown that venture capital debt volumes in the United States have increased by an impressive 7.5% in the first half of the year. Additionally, TRIN’s investment commitments reached a record $460 million in the first half of this year.

Cincinnati Financial (CINF)

Cincinnati Financial logo displayed on a cellphone screen.

Source: Igor Golovniov / Shutterstock.com

Cincinnati Financial (NADSAQ:CINF) is one of the leading property and casualty insurers in the United States. It represents about 1% of the total market, which is a considerable feat considering the fragmentation of the market. With more than $6 billion in annual premiums, it is among the top 25 insurers in its niche.

CINF has struggled over the past few quarters in a challenging operating environment. As a result, its stock price has fallen more than 30% in the past six months. Its lackluster performance of late has done little to slow the pace of shareholder rewards.

CINF is one of the most attractive insurance companies and one of the market leaders in its niche in the United States. She has one of the most attractive portfolios and has increased his payments over 60. Therefore, with its shares trading at multi-year lows, it is best to load it now.

Itau Unibanco (ITUB)

The Itaú Unibanco logo is visible on a panel.

Source: SERGIO AGAINST RANGEL / Shutterstock.com

Itau Unibanco (NYSE:ITUB) operates as a full-service bank and has been around for almost a century.

It is the first Brazilian bank in terms of turnover and has more than 4,000 physical branches and a presence in 18 different countries, mainly in Latin America.

Its lines of business are very diversified, including insurance, trading, credit and other related services. Diversity allows it to effectively limit its risk exposure and grow its asset base over time.

Recently, it has gone all out to expand its digital footprint. Its digital bank, called iti Itáu, targets a younger population that does not have a bank account.

So far, iti Itáu has been an incredible inclusion in its portfolio, adding 16.7 million customers in the first quarter of this year. Considering how 70% of Latin America’s population is unbanked or underbanked, Itaú’s digital branch has incredible growth ahead of it.

Signature Bank (SBNY)

The Signature Bank logo is displayed above the entrance to a building.

Source: PL Gould / Shutterstock.com

Signature Bank (NASDAQ:SBNY) is a New York-based, full-service commercial bank with a customer-centric approach.

It manages a balanced loan portfolio which has helped mitigate risk to an acceptable level. It is therefore one of the few financial institutions to continue to perform well in these difficult times.

Its second quarter results were stunning, beating earnings per share estimates by 4%. Loan growth may have been the best in several quarters as the company maintained credit quality at the same time. Net interest income was $649.1 million for the quartera 42% improvement over the prior year quarter.

The improvement is due to the expansion of interest-earning assets. In addition, non-interest revenue increased 61% to $37.7 million due to higher service charges. SBNY also declared a generous dividend of 56 cents per share, returning a solid 1.43%.

Raymond James (RJF)

The Raymond James (RJF) logo is seen on the side of a building.

Source: JHVEPhoto / Shutterstock.com

Raymond James (NYSE:RJF) is one of America’s most successful investment management companies.

Its banking division has performed consistently and its superior execution has allowed it to operate a robust margin profile. Over the past five years, its gross and net profit margins have averaged 94% and 15%, respectively.

As expected, its banking division, offering mortgages and commercial loans, benefited enormously from the high rates. RJF gives its lender more flexibility in what it can charge customers. Consequently, its results have been superb lately, posting another third quarter earnings beat.

This is the eighth straight quarter the company has beaten analysts’ earnings estimates, which is an incredible achievement. As a result, RJF is one of the strongest investment management companies that continues to perform regardless of market conditions.

As of the date of publication, Muslim Farooque had (neither directly nor indirectly) any position in the securities mentioned in this article. Opinions expressed in this article are those of the author, subject to InvestorPlace.com publishing guidelines

Muslim Farooque is a passionate investor and an optimist at heart. A long-time gamer and tech enthusiast, he has a particular affinity for analyzing tech stocks. Muslim holds a Bachelor of Science in Applied Accounting from Oxford Brookes University.

]]>
‘Incel’, accused of pepper spraying women in Costa Mesa, arrested, makes first court appearance https://handfulofhate.com/incel-accused-of-pepper-spraying-women-in-costa-mesa-arrested-makes-first-court-appearance/ Mon, 26 Sep 2022 23:14:42 +0000 https://handfulofhate.com/incel-accused-of-pepper-spraying-women-in-costa-mesa-arrested-makes-first-court-appearance/ A self-proclaimed ‘incel’ – an unwitting celebrity – charged with felony hate crimes after he allegedly posted a video of himself sexually harassing and pepper spraying women in Costa Mesa was due to make his first court appearance on Monday, following his arrest five days earlier. Johnny Deven Young, 25, was to be arraigned Monday […]]]>

A self-proclaimed ‘incel’ – an unwitting celebrity – charged with felony hate crimes after he allegedly posted a video of himself sexually harassing and pepper spraying women in Costa Mesa was due to make his first court appearance on Monday, following his arrest five days earlier.

Johnny Deven Young, 25, was to be arraigned Monday on multiple charges of assault and felony weapons with enhancements for the commission of alleged hate crimes, in addition to two misdemeanor counts of rights violations civilians of a person. He had been wanted by the police for months until his arrest on September 21.

Authorities believe the accused assaulted or harassed six people in three separate incidents. On Nov. 21, Young allegedly approached a woman and a man near a bar in the Triangle Square mall as they tried to help another fallen friend, Costa Mesa police said. The defendant was charged with making lewd comments and asking to see the woman’s genitals, then spraying her and the man, who tried to arrest Young, with a chemical agent.

Authorities later became aware of footage allegedly posted to social media by Young in April showing two other altercations he had with women in the same area. In one, the person filming the video approaches a tearful woman as she crosses a parking lot. He asks if he can “hook up” with her almost immediately after she tells him her car was just stolen. After rejecting his advances, the person holding the camera comments on his genitals and swears.

In the second incident of the video, the man recording it describes his penis to a group of women sitting on a bench. One of them kicks him, tells him to go away, and throws an object at him. The man then pepper sprayed her and a woman standing behind her, as well as another who tried to stop him as he ran away.

Young remained in custody at Theo Lacy Jail in lieu of $2.75 million bond as of Monday. It was not immediately clear from online records whether a lawyer had been appointed to defend him.

Young’s last known city of residence was Las Vegas. Police arrested him and another man on suspicion of making false threats during an act of terrorism in August 2019. Both men were charged with shouting ‘white power’ and d saying they were going to “shoot the spot” shortly before they left. were kicked out of the XS Club at Encore, according to the Las Vegas Review-Journal.

Support our coverage by becoming a digital subscriber.

]]>
Tino Fa’asuamaleaui Says His Family Faced Online Hate After Matt Burton State of Origin Incident https://handfulofhate.com/tino-faasuamaleaui-says-his-family-faced-online-hate-after-matt-burton-state-of-origin-incident/ Sat, 24 Sep 2022 06:00:00 +0000 https://handfulofhate.com/tino-faasuamaleaui-says-his-family-faced-online-hate-after-matt-burton-state-of-origin-incident/ “Origin footy, and football in general, is about having your teammate’s back. “I don’t know if you were at the Canterbury game a few weeks later, but I drank it even more. The whole crowd jumped on board. I’ve never experienced this before. Following Burton’s return to the Bulldogs, his Canterbury teammate Tevita Pangai jnr […]]]>

“Origin footy, and football in general, is about having your teammate’s back.

“I don’t know if you were at the Canterbury game a few weeks later, but I drank it even more. The whole crowd jumped on board. I’ve never experienced this before.

Following Burton’s return to the Bulldogs, his Canterbury teammate Tevita Pangai jnr made it known he was angry with Fa’asuamaleaui and vowed to take matters into his own hands if given the opportunity.

Pangai jnr told the Herald at the time: “I wasn’t happy with what I saw…I love Burto and I don’t like to see these kinds of things happen to him.”

Burton had no problem with Fa’asuamaleaui and was disappointed when told of the abuse he had suffered. He joked that he might try giving Fa’asuamaleaui his own “little headache”.

“We talked about it after it happened – we’re teammates now and I can’t wait to hang out with him,” Burton said. “But that’s not the case when families are attacked. He’s been great all year and it’s great to have him on this side.

Burton and Fa’asuamaleaui are among the main contenders for the PM XIII who will be selected by Kangaroos coach Mal Meninga for the Rugby World Cup in England in October and November.

Burton has utility value, while Fa’asuamaleaui is one of the few Samoa-eligible players to prioritize Kangaroos. Fa’asuamaleaui won the Gold Coast’s Paul Broughton Medal as player of the year for the second consecutive year.

“I was very tempted to play [with Samoa]but after sitting down and having a long talk with my mum, dad and family, I decided I wanted to try playing for Australia,” Fa’asuamaleaui said.

“My father [Fereti] is a big influence in my life, and he said to me: ‘You should commit to Australia’. Australia has long been the best of the best, and I always wanted to achieve that.

Loading

“I hope I will have my chance to do it after Sunday.”

Meanwhile, Burton has said little about his future at Belmore, and while he is expected to stay with the club, particularly with the arrival of Cameron Ciraldo as head coach, the southpaw mortal said, “I’m happy at the moment.”

Stream the NRL Premiership 2022 live and for free on 9Now.

Sports news, results and expert commentary. Subscribe to our Sports newsletter.

]]>
IRA’s broad reach should accelerate ABS on multiple fronts https://handfulofhate.com/iras-broad-reach-should-accelerate-abs-on-multiple-fronts/ Fri, 23 Sep 2022 22:17:00 +0000 https://handfulofhate.com/iras-broad-reach-should-accelerate-abs-on-multiple-fronts/ The Inflation Reduction Act (IRA), which had a historic beginning as President Joseph Biden’s social policy legislation, will get a new life that will have a significant impact on energy-related markets, in particular solar, and the asset-backed securities (ABS) that finance them. To date, most renewable energy-related ABS deals have bundled loans funding the installation […]]]>

The Inflation Reduction Act (IRA), which had a historic beginning as President Joseph Biden’s social policy legislation, will get a new life that will have a significant impact on energy-related markets, in particular solar, and the asset-backed securities (ABS) that finance them.

To date, most renewable energy-related ABS deals have bundled loans funding the installation and maintenance of consumer solar panels, and this is where the IRA’s first impact on the ABS market will almost be. definitely feel. Since the first solar ABS transactions emerged in 2013, said Elana Lipchak, who leads Bank of America Securities’ ESG research for U.S. securitized products, there have been more than $17 billion in cumulative issuances. ‘Solar ABS. The agreements securitize loans as well as leases and power purchase agreements (PPAs) that support consumer solar installations.

Issuance of solar ABS hit a record high last year of 14 deals totaling nearly $4 billion, and sponsors had nearly reached that level by early September this year.

Existing federal investment tax credits (ITCs) were set to expire in two years, but market growth for solar panels and related ABS is expected to continue regardless, Lipchak said, as demand for olar power has recently been prompted by skyrocketing fuel costs.

The IRA raises the ITC to 30% from the current 26% and extends it to 2034, increasing incentives to adopt solar power and providing greater market certainty, Lipchak said. However, this support is unlikely to fuel an immediate increase in solar ABS deals, given ongoing supply chain issues. The IRA also provides incentives to increase domestic production of renewable energy equipment, reducing future snafus, Lipchak said, but that will take years to unfold.

Still, the increase in the IRA’s ITC makes solar systems more affordable for consumers and should lead to better ABS, said Maxim Berger, head of ratings agency Kroll Bond which focuses on energy. Consumer ABS. In addition, he said, the ITC has been expanded to include batteries, so it can now be used to repay loans or parts of loans used, for example, to add a battery to a existing solar photovoltaic system or as a stand-alone system. purchase.

In fact, the IRA’s tax incentives should accelerate the trend for consumers to include batteries in their solar system purchases, said Nathan Gabig, a KPMG partner specializing in renewable energy finance, adding that a client of KPMG now includes batteries in approximately 25% of systems. it sells. The inclusion of batteries that reduce consumers’ reliance on utility power grids should encourage them to continue to repay their loans.

Gabig noted the first-ever solar ABS commercial deal completed in May, a $402 million private deal backed by 376 solar sites by Luminace, a subsidiary of Brookfield Renewable. He added that the IRA’s tax incentives should accelerate the issuance of more trade deals.

The IRA is also expected to accelerate the issuance of the first ABS deals backed by “virtual power plants”, in which companies such as Swell Energy and Soltage establish battery fleets in metropolitan areas to store the solar power they sell. then to utilities and businesses during off-peak hours. during peak hours or in the event of a breakdown. Such deals are currently under discussion, Gabig said, and are awaiting comments from rating agencies.

“The principle is that there is no waste of green electrons,” he said, noting that revenue streams from highly rated utilities and corporate clients should make such transactions attractive to investors. investors who demand ever greater exposure to credits that meet environmental, social and governance (ESG) criteria. guidelines.

Another ABS market the IRA is likely to bolster will be the securitization of Commercial Property Assessed Clean Energy (C-PACE) loans, which commercial property owners use to finance clean energy upgrades ranging from lighting systems and high efficiency heating, heat recovery and steam. pitfalls, to renewable energy systems. C-PACE loans are facilitated by state-level public-private partnerships that include state green banks, to which the IRA is allocating $27 billion. Borrowers repay principal over time through voluntary property tax assessments, allowing for longer-term financing and the transferability of repayment obligations to the next owner.

“We see a huge need in the commercial real estate sector for financing to retrofit commercial buildings,” said Alexandra Cooley, co-founder and chief investment officer of Nuveen Green Capital. She noted recent research by Jones Lang Lasalle showing a 6% rent premium and 7.6% sales premium for buildings with green certification.
Formerly GreenWorks Lending until acquired by Nuveen Asset Management in 2021 and rebranded in January 2022, the company issued the first-ever C-PACE-backed private ABS deal in 2017 and two more private deals since then. Last December, it completed the largest Rule 144A transaction to date, backed by those assets. Truist Securities and Guggenheim Securities acted as joint bookrunners.

Cooley said a barrier to clean energy adoption has been the large upfront capital outlay that results in relatively low operational savings over time. Tools such as the ITC and other tax credits, bolstered by the IRA, reduce these expenses from the outset, she said. When borrowers combine these credits with the benefits of C-PACE, they can realize significant operational savings.

“If you reduce the upfront expense, the bottom line impact starts to be much more attractive to businesses and building owners, especially when combined with financing,” Cooley said.

In addition, the new law dramatically increases the types of technologies eligible for tax credits, broadening the energy impact of projects that building owners find financially attractive.

“The IRA is transformative because it expands eligible technologies and also makes those technologies much more affordable through a variety of measures,” Cooley said. She added that new C-PACE loans — more than $2 billion planned this year — can help make projects cash flow positive from the start and energy costs more predictable, making future ABS deals easier and particularly those issued in quasi-public Rule 144A. market.

Securitization of EV assets still has low mileage

So much of the talk around energy-related ABS markets naturally turns to securitizations involving electric vehicles. To date, only Tesla has issued ABS agreements backed by electric vehicles (EVs). However, IRA incentives to buy electric vehicles could accelerate the arrival of such transactions from other issuers, Berger said, initially in the markets for new and prime automotive ABS, given the purchase price. means of electric vehicles. And more generally, he added, the IRA and the billions of dollars it pumps into the economy to cut consumer energy and healthcare costs will serve to bolster the wider market for ABS.

“By reducing these costs, it will free up consumers’ wallets to pay other debts,” Berger said. He added, “in the medium to long term, as the IRA really starts to ramp up, it could reduce delinquencies and defaults in other consumer ABS markets.”

]]>
Missouri Senate sends income tax cut to House; both houses pass farm tax credit bills https://handfulofhate.com/missouri-senate-sends-income-tax-cut-to-house-both-houses-pass-farm-tax-credit-bills/ Thu, 22 Sep 2022 12:07:46 +0000 https://handfulofhate.com/missouri-senate-sends-income-tax-cut-to-house-both-houses-pass-farm-tax-credit-bills/ Missouri lawmakers are moving quickly to complete the special session agenda set by Gov. Mike Parson, the House and Senate passing incentives for farms and rural businesses, and the Senate completing work on a tax cut. tax. Only one thing didn’t turn out the way Parson and the legislative leaders had hoped. While the Missouri […]]]>

Missouri lawmakers are moving quickly to complete the special session agenda set by Gov. Mike Parson, the House and Senate passing incentives for farms and rural businesses, and the Senate completing work on a tax cut. tax.

Only one thing didn’t turn out the way Parson and the legislative leaders had hoped. While the Missouri House was able to muster just enough votes to pass the $40 million package of tax credits and low-interest loans to support agriculture, it fell short of the number. necessary for the bill to come into effect with Parson’s signature.

The Missouri Constitution requires an absolute House majority of 163 seats, or 82 votes, to pass a bill, and the Rural Incentives Bill got 83. urgency and 109 votes, two-thirds of the chamber.

Only 94 members voted for the emergency clause.

That’s a change from the regular session, when the House provided 111 votes to pass the bill and 120 votes for the emergency clause. Parson vetoed this bill because he disliked the two-year sunset for programs and asked lawmakers to re-enact it with a six-year sunset.

The vote came after a debate in which some Republicans and Democrats questioned the need to address rural programs in a special session.

State Rep. Tony Lovasco, R-O’Fallon, said the bill won’t save any struggling farmer or agricultural business.

“The reality is this is not an industry that’s going to fall hard if we don’t do something about it,” Lovasco said.

And State Rep. Peter Merideth, D-St. Louis, said he was worried about what he didn’t know about Bill. He said members of the Republican side had whispered to him that the bill was “full of scam and corruption” and that he was unsure how the new appropriations would be used.

“I don’t know who benefits and who doesn’t, but when I see him go through the process like he did, I wonder if they’re right,” Meredith said.

Advocates of the bill noted that many programs are renewed with only minor changes.

The bill includes tax credits for fuel retailers to increase the sale of biofuels and loans to livestock producers to expand herds and growers of specialty crops like fruits, vegetables and flowers. It would also provide tax credits to support urban agriculture and meat processing and a sales tax exemption for commercial vehicles purchased for agricultural purposes.

“This bill has been an accumulation of everything farmers, ranchers and forest people have asked for,” said Rep. Don Rone, R-Portageville.

While the House debated the Rural Incentives Bill, the Senate proceeded to final votes on the income tax cut, which passed 24-4, and its Rural Incentives Bill, which was passed 26-4.

The tax cut would set the top tax rate for 2023 at 4.95% and, over time, reduce it to 4.5%. When fully implemented, it will reduce annual state revenue by about $950 million, said Sen. Lincoln Hough, a Springfield Republican sponsoring the bill.

The state collected $12.9 billion in general revenue from income, sales and other taxes in the fiscal year that ended June 30, and the Treasury holds a surplus of general revenue of approximately $4.4 billion.

Senate Republican leaders said they expected the surplus to be consumed in coming years, but defended the tax cut as fiscally responsible. There will be money for priority programs such as education and child protection, they said.

“I don’t anticipate we’ll have this plethora of money that we currently have in the future,” Senate Speaker Pro Tem Dave Schatz said. “We are not putting a future legislature in danger of not being able to deal with these issues.”

The tax bill is easy to understand and lawmakers aren’t making sweeping tax policy changes, said Senate Majority Leader Caleb Rowden, R-Columbia.

“We’ve done some good things in this bill, but we haven’t upset the normal way things work,” Rowden said.

But Senate Minority Leader John Rizzo, D-Independence, expressed concern about future budgets. Rizzo said he voted for the bill because it was less onerous than some other ideas discussed during the session, but indicated he was not as confident the state could avoid the funding gaps.

“We’re going to be vigilant going forward and push that $4 billion where it should go,” Rizzo said of the overage.

If Republicans seek additional tax cuts in the future, he said, Democrats will push for the relief to go to low- and middle-income taxpayers.

“Democrats are here to fight for working families, not to help corporate CEOs with their second mansion,” Rizzo said.

The special session will end in the next few days. The House will hold committee hearings on Senate bills next week.

The Senate will return after House action on Senate bills, Rowden said.

The Missouri Independent, www.missouriindependent.comis a nonprofit, nonpartisan news organization covering state government and its impact on the people of Missouri.

Missouri State Rep. Don Rone, R-Portageville, responds to a question from Rep. Mike Haffner, R-Pleasant Hill. (Photo by Tim Bommel/House Communications)
]]>
In Spain, scapegoating increases during the pandemic – SAPIENS https://handfulofhate.com/in-spain-scapegoating-increases-during-the-pandemic-sapiens/ Thu, 22 Sep 2022 06:03:09 +0000 https://handfulofhate.com/in-spain-scapegoating-increases-during-the-pandemic-sapiens/ It is important to note that the moral panic sparked by alleged recurring rule violations by Rroma families stands in stark contrast to some conservative political actors’ disregard for public health and resistance to complying with pandemic policies and security regulations. Spanish government. From the start of the pandemic, the conservative leader of the Partido […]]]>

It is important to note that the moral panic sparked by alleged recurring rule violations by Rroma families stands in stark contrast to some conservative political actors’ disregard for public health and resistance to complying with pandemic policies and security regulations. Spanish government. From the start of the pandemic, the conservative leader of the Partido Popular and president of the Madrid region, Isabel Díaz Ayuso, challenged the restrictions and introduced more lenient rules. She claimed her decision was based on a desire to protect Madrid’s hospitality industry, the freedom of people and the right of individuals to have a beer in a bar at the end of a long day. In August 2020, right-wing and upper-middle-class anti-mask protesters and COVID-19 deniers gathered in the streets of Madrid, gathering 2,500 people.

Sadly, Spanish Rroma’s distressing accounts of scapegoating and abuse during the pandemic are similar to those of other minorities around the world. Police records in the UK revealed a meteoric rise in reported hate crimes against Chinese people in early 2020. The Asian American community has also seen a striking increase in hate incidents since the onset of COVID-19, in especially following the repeated use of former President Donald Trump. of the term “Chinese virus”.

In New York, a black man was violently arrested for not social distancing. At the same time, police graciously handed out free face masks to most white, maskless New Yorkers who sat in a park.

In a study recently published in the American Journal of Public Health, researchers measured the prevalence of COVID-19-related discrimination across all major racial and ethnic groups in the United States.S. Use of COVID-19’s Unequal Racial Burden (CURB) Survey Data, the researchers found that minorities reported experiencing more COVID-19-related discrimination than white adults. The groups that reported the highest number of discriminatory acts were Asians, Native Americans and Alaska Natives. People identifying as Latinx, Pacific Islander or Hawaiian also experienced greater discrimination.

Moreover, historical records reveal a tendency to blame minorities for the spread of contagious diseases. During the Black Death in the 14th century, it was believed that European Jews intentionally dispersed the plague by “poisoning wells, rivers and springs”. In 1900, the Chinese were unjustly vilified for an outbreak of plague in San Francisco’s Chinatown. In the 1980s, a gay Quebecer was accused of transporting HIV/AIDS to the United States

There is a systematic correlation between large-scale health crises and the rejection of minorities, which fractures societies when social cohesion is most needed.

in the face In the face of adversity, Spanish Roma activists and politicians mobilized against hatred and discrimination. On December 14, 2020, Spanish Roma MPs Ismael Cortés, Beatriz Carrillo and Sara Giménez spearheaded an ongoing initiative to create a “national pact” focused on anti-Gypsyism that seeks to provide an effective mechanism to protect Roma against discriminatory actions . In Spanish politics, a national pact is a long-term agreement between the parties represented in Congress that provides a general framework for addressing priority issues. National pacts must be respected regardless of the political party.

]]>
Inflation worries and personal debt aren’t stopping a third of Americans from planning a trip in 2022 and 2023 | New https://handfulofhate.com/inflation-worries-and-personal-debt-arent-stopping-a-third-of-americans-from-planning-a-trip-in-2022-and-2023-new/ Tue, 20 Sep 2022 13:03:57 +0000 https://handfulofhate.com/inflation-worries-and-personal-debt-arent-stopping-a-third-of-americans-from-planning-a-trip-in-2022-and-2023-new/ NEW YORK–(BUSINESS WIRE)–Sept. 20, 2022– Accumulate savings, the merchant-integrated savings experience that rewards consumers for their savings, today released the results of a nationwide survey of more than 1,000 consumers about their future travel plans. The results revealed that 36% of those surveyed plan to travel and are actively saving for vacations — damning indications […]]]>

NEW YORK–(BUSINESS WIRE)–Sept. 20, 2022–

Accumulate savings, the merchant-integrated savings experience that rewards consumers for their savings, today released the results of a nationwide survey of more than 1,000 consumers about their future travel plans. The results revealed that 36% of those surveyed plan to travel and are actively saving for vacations — damning indications that Americans are determined to fully embrace normality and enjoy time off despite continued economic uncertainties.

Americans are also committed to spending on their holiday trips – but are underprepared for the surprise costs and FOMO emotions that arise during the holidays: while the majority of consumers are saving for vacations lasting 2 months to a year at the advance, consumers are underprepared and overspending when they arrive on vacation – typically spending between $500 and $3,000.

The survey was conducted with Decode_Ma dynamic strategy firm that uses a diverse range of methodologies and datasets to decode data in action.

People know they want to go:

Even with the incredibly tough economic environment, consumers are eager to hit the road and see the sights after three years of lockdown and pandemic fears.

  • 36% of respondents are saving for a vacation
    • Among these respondents 82% save specifically for holidays planned within the next 12 months
  • 66% of respondents start saving for their travel plans at least 4 months in advance
  • Most people save for travel by storing cash (37%) or simply leaving extra money in checking/savings accounts (40%) – a less than ideal proposition given the trend of spending what’s in a checking account rather than saving it.
  • 36% of baby boomers don’t save for the holidays at all.

How do we pay for our holidays?

Consumers earn travel points, cash back and other rewards from credit cards and frequent travel – but if we’re not using those rewards, what’s the point?

  • Points – a very popular document from credit card companies – were only 8% of preferred payment methodsand miles (another very popular giveaway with airlines) – only 6%.
  • Instead, consumers spend money that is already available: respondents choose debit cards (37%) and cash (36%).
  • A third of respondents prefer credit cards (32%) pay for the trip
  • Debit card usage increases with younger generations: 45% of Gen Z use debit cards to pay for travel, compared to 38% of Millennials, 34% of Gen X and 30% of baby boomers.
  • On the other hand, credit cards are more popular with older generations38% of baby boomers, 32% of Gen X and Gen Y, and 25% of Gen Z.

…And how are we overpaying?

Consumers have a “treat yourself” mentality on vacation– have a drink, try a new activity, buy that expensive souvenir: after all, it’s your vacation. A combination of FOMO, hidden costs, understated extras, and more contribute to post-vacation debt:

21% of respondents have in debt because of vacation.

  • Men are more likely than women to have taken on holiday debt (24% versus 19%).
  • Generation X is the generation most likely to have taken on holiday debt (27%), followed by Millennials (24%), Baby Boomers (17%) and Gen Z (13%).
  • Most (62%) of those who got into holiday debt contracted $500 to $2,999 debt value.

Our finances – and our mentalities – are precarious:

Baby boomers are recognized as the most successful generation, holding 70% of America’s wealth – and they are also the most likely to have credit card or personal debt.

  • 69% of respondents are currently in debtwith 60% of those respondents in what they termed “personal/credit card debt”.
  • Credit card debt is directly related to age: 41% of Gen Z reported having credit card debt, followed by 57% of Gen Y and 65% of Gen X.

Inflation affects each generation to varying degrees: Due to increased responsibilities such as family expenses, mortgages, education, etc., older generations surveyed expect to be more fiscally conservative in 2023 – and not being able to save so much money.

  • 48% of Gen Xers and 46% of Baby Boomers expect their non-essential spending to decrease over the next 12 months
  • Gen Z and Millennials are slightly less affected – only 36% of Gen Z and 39% of Gen Y expect the same.
  • 65% of the total sample answered that they cannot save as much as before, or they can no longer save at all.
    • This number increased to 73% among Gen Xers and Baby Boomers.

Launched in November 2021, Accrue Savings allows consumers to save for a product or service while earning cash rewards from the brand along the way. Brands can finally reward customers who choose to save rather than go into debt by making cash contributions to a customer’s FDIC Accurue Savings account when customers reach milestones in their savings journey. Partner brands where Accrue is available include Aurate Jewelry, Smile Direct Club, American Signature, Poly & Bark, Casper, Tire Agent, Etereva, Clearcut, Mark Henry, Ettitude, Heli and Grind.

Methodology

The survey information was collected via an online questionnaire from August 8-10, 2022, from 1,026 consumers in the United States aged 18-65 and older via Decode_M, on behalf of Accrue.

About Savings Accumulation

Accrue Savings is a savings option that rewards customers for saving for the things they want, love and dream of having without taking out short-term loans. When it comes to purchases, customers have an endless choice of products, but limited payment options to purchase those items debt-free. With Accrue Savings, they can save for everything from products to services to travel on their own terms, while brands incentivize their savings efforts with cash rewards along the way. For more information, please visit www.incruesavings.com

Accrue Savings is a fintech company, not a bank. Banking services provided by Blue Ridge Bank, NA, Member FDIC.

Show source version on businesswire.com:https://www.businesswire.com/news/home/20220920005456/en/

CONTACT: Sara Zick

accumulate@moxiegrouppr.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: PROFESSIONAL SERVICES PERSONAL FINANCE FINTECH HOLIDAY CONSUMER BABY BOOMERS TRAVEL DATA ANALYTICS GEN Z GEN X FINANCE MILLENNIALS

SOURCE: Accumulated savings

Copyright BusinessWire 2022.

PUBLISHED: 09/20/2022 09:00 / DISK: 09/20/2022 09:03

http://www.businesswire.com/news/home/20220920005456/en

]]>
Orange County struggles to curb rise in hate incidents https://handfulofhate.com/orange-county-struggles-to-curb-rise-in-hate-incidents/ Mon, 19 Sep 2022 12:56:00 +0000 https://handfulofhate.com/orange-county-struggles-to-curb-rise-in-hate-incidents/ Homophobic slurs scratched on the hood of a car and a handwritten anti-Asian letter demanding that the person “go back to your country, where you belong”. These are just a few examples of hate incidents across Orange County in 2021 as county officials and community leaders struggle to curb a nearly decade-long trend of rising […]]]>

Homophobic slurs scratched on the hood of a car and a handwritten anti-Asian letter demanding that the person “go back to your country, where you belong”.

These are just a few examples of hate incidents across Orange County in 2021 as county officials and community leaders struggle to curb a nearly decade-long trend of rising reports of hate crimes and combined incidents.

The two examples were shared during a webinar hosted Thursday by the Orange Human Relations Commission, during the presentation of the county’s 2021 annual hate crime report.

]]>
‘Too much oxygen’ hate speech online: Biden https://handfulofhate.com/too-much-oxygen-hate-speech-online-biden/ Sat, 17 Sep 2022 01:00:00 +0000 https://handfulofhate.com/too-much-oxygen-hate-speech-online-biden/ WASHINGTON: US President Joe Biden has said he will ask Congress to do more to hold social media companies accountable for spreading hate and asked Americans to speak out against racism and extremism at a summit to the White House. “White supremacists won’t have the final say,” Biden said at the “United We Stand” summit […]]]>

WASHINGTON: US President Joe Biden has said he will ask Congress to do more to hold social media companies accountable for spreading hate and asked Americans to speak out against racism and extremism at a summit to the White House.

“White supremacists won’t have the final say,” Biden said at the “United We Stand” summit of bipartisan local leaders, experts and survivors. Biden said the United States has long had a “direct hate line” against minority groups, a line that has received “too much oxygen” from politics and the media in recent years.

“It’s so important that we keep screaming. It’s so important that people know that’s not who we are.” The event also recognized communities that have suffered hate-motivated attacks, including mass shootings at an LGBT+ nightclub in Orlando in 2016 and at a supermarket in Buffalo, New York, earlier this year, in which ten people were shot.

Hate crimes in the United States hit a 12-year high in 2020 in the latest available data, the FBI said last year. Biden was introduced by Susan Bro, mother of Heather Heyer, who was killed at a white nationalist rally in Charlottesville, Virginia in 2017.

“His murder resonated around the world, but the hate didn’t start or end there,” Ms Bro said. Attendees gave Biden a standing ovation when he said he would call on Congress to “get rid of special immunity for social media companies and impose much stricter transparency requirements on all of them.”

The White House event comes just weeks after Mr Biden warned in a speech in Philadelphia that hardline Republicans pose a threat to democracy. Biden addressed criticism that the speech was divisive, saying “we can’t stay silent.”

Biden called for a united front against hate crimes and political violence in a speech building on his attempt to portray himself as the champion of moderate values ​​at a time of rising extremism.

]]>
Public service workers have 6 weeks to apply for student loan repayment waiver https://handfulofhate.com/public-service-workers-have-6-weeks-to-apply-for-student-loan-repayment-waiver/ Fri, 16 Sep 2022 16:02:51 +0000 https://handfulofhate.com/public-service-workers-have-6-weeks-to-apply-for-student-loan-repayment-waiver/ WASHINGTON, DC – August 24: US President Joe Biden, joined by Education Secretary Miguel Cardona, … [+] speaks about student loan debt in the Roosevelt Room of the White House on August 24, 2022 in Washington, DC. President Biden announced measures to forgive $10,000 in student loan debt for borrowers who earn less than $125,000 […]]]>

Borrowers who want student loan forgiveness for public service work have a rapidly shrinking window to seek relief under a temporary waiver. The Biden administration has updated key guidelines for the program, clarifying what borrowers must do to apply.

Here is the latest.

Student Loan Forgiveness For Public Service Borrowers Ends Next Month

The Public Service Loan Forgiveness (PSLF) provides federal student loan forgiveness to borrowers who have dedicated their careers to public service work. Borrowers who work for 10 or more years for public or nonprofit organizations while meeting other (sometimes complicated) program requirements can have their entire federal student loan balance forgiven.

But PSLF has been plagued with problems for years due to complex regulations, administrative oversight issues and poor account management by loan officers. Approval rates barely exceeded two percent.

In response to these issues, last year the Biden administration signed into law the Limited PSLF Waiver, a move that temporarily relaxes many of the strict rules of the PSLF program. Specifically, the PSLF Limited Waiver allows the Department of Education to retroactively credit large prior loan periods (including certain deferment and forbearance periods) toward a borrower’s loan forgiveness term under of the PSLF which may have been previously rejected.

But the limited PSLF waiver is a temporary program and is due to expire on October 31 – in just over six weeks. Student borrower advocacy groups and Democratic lawmakers have urged the Biden administration to extend the deadline, but so far administration officials have given no indication that an extension is coming. Meanwhile, millions of borrowers who could benefit from the waiver initiative have yet to take action.

Department of Education updates limited PSLF waiver guidelines

With just six weeks left until the limited PSLF waiver expires, advocates are growing concerned that millions of borrowers who just learned of the initiative could miss the boat by receiving relief. Many borrowers will need to take specific steps by October 31 to qualify for PSLF credit and loan forgiveness. Specifically:

  • Borrowers with FFEL program loans should consolidate those loans through the Federal Direct Consolidation Loan Program.
  • Borrowers who have not submitted the PSLF employment certification forms for every civil service employer they have had should do so.

Both of these steps can take time, and even more time for the education department. Borrowers and advocates fear that if direct loan consolidation and employment certification are not completed as of October 31, borrowers would lose PSLF relief.

This month, the Ministry of Education updated its guidance on limited PSLF exemption and clarified that borrowers must submit their relevant applications by October 31 to qualify for the limited PSLF waiver, but these applications do not have to be treaty by the Department of Education on that date for borrowers to receive relief.

For Direct Loan Consolidation, the Department of Education states, “If you have FFEL, Perkins, or other types of loans that are not Direct Loans, your Consolidation Application must be submitted online through StudentAid.gov before 11:59 p.m. Eastern Time on October 31, 2022, so that you can receive the benefits of the PSLF Limited Waiver.

For PSLF Employment Attestation forms, the Education Department asks borrowers to “use the PSLF Helper Tool before October 31, 2022, to generate a PSLF form that will ultimately be approved. [The Education Department] will keep a record if you have completed all steps of the PSLF Support Tool by October 31, 2022, but you must still print, sign, have your employer sign, and submit the PSLF form to MOHELA, the PSLF service.

Alternatively, borrowers can submit a manual PSLF form (not generated by the PSLF Helper Tool) signed by the borrower’s employer, but it “must be dated October 31, 2022 or earlier, and this form must be subsequently approved, for the borrower to receive PSLF credit. The Department of Education states that “[t]To receive the benefits of the PSLF Limited Waiver, the employer’s signature and date on your PSLF form must be on or before October 31, 2022, even if you submit your form at a later date… If the signed date by the authorized representative of your employer of record is on or after November 1, 2022, normal program requirements for PSLF” apply.

Resources for Borrowers Seeking Student Loan Forgiveness Through a PSLF Waiver

Borrowers can learn more about the limited PSLF waiver hereor PSLF more generally here.

Use the online consolidation tool if you need to consolidate your loans through the direct consolidation program, or the PSLF Helper Tool start working on the PSLF Employment Attestation Forms. The Department of Education has also released a new PSLF employer search tool for borrowers who are unsure if their job qualifies.

Further Reading on Student Loans

When can borrowers expect student loan forgiveness under Biden’s new plan?

134 groups urge Biden to extend expiring student loan forgiveness initiatives, while top officials tell borrowers to apply now

Student loan borrowers should note these critical dates for loan cancellation and repayment

Biden’s student loan forgiveness could be taxable in some states

]]>