PSECU announced on Monday that they will offer 0% interest loans to creditworthy state employees if the impasse happens.
For members who meet the credit criteria, the 0% rate will be available up until 60 days after the governor signs the new budget into law. After 60 days, the loan will begin accruing interest at 3.9% APR until paid in full. Members participating in the loan program will have the option of borrowing up to $1,000 per pay period.
That’s right; a credit union is outperforming the state.
(NOTE: This is a three-part series on the Pennsylvania budget impasse. Be sure to also read part 2 and part 3!)
In what has become an annual tradition since 2003, Pennsylvania Governor Ed Rendell has announced that, once again, our state government appears unable to pass a budget by the June 30th deadline. If this budget remains unresolved, state employees will be required to report to work, but will not be paid until a budget is passed. The silence from AFSCME — the union which all state employees are required to pay into, regardless of membership, and whom is supposed to help out with this sort of thing — is deafening.
If you’re thinking “Hah, I don’t work for the state, so this doesn’t affect me at all”, you’re dead wrong.
Continue reading Pennsylvania Budget Impasse: 2009 Edition
WHERE: Appalachian Brewing Company, GROUND FLOOR
WHEN: Wed, April 15 2009 @ 7pm (till ???)
WHAT: Central PA Tweetup / blogger gathering
LAST-SECOND UPDATE: Tonight’s Tweetup has been moved to the ground floor of ABC due to the concerts going on upstairs. We should be somewhere back in the area of the kitchen; if you enter through the side door, bang a left and you should spot the conspicuous-looking blogger & Twitter types in abundance.
Continue reading Tax-Day Tweetup – UPDATE
Circuit City was founded in 1949 on little more than a dream. A dream that one man, with little more than his financial wits and a firm handshake, could launch a successful retail operation based on over-inflated prices, uneducated employees, and a general philosophy that the customer is an inconvenience. Despite sticking to that modus operandi for the past few decades, the chain — shockingly — just couldn’t compete.
Stores like Best Buy and Wal-Mart came in with their high-falutin’ “customer service” and elitist “affordable prices”. They made sure that even if THEIR employees weren’t always the best-educated or most customer-friendly, they at least had enough fear of being fired that they did their job with a minimal level of competency.
But Circuit City held on. During the rapid-fire changes in corporate culture throughout the ’90s, Circuit City even went so far as to replace their clearly-dated mantra of “To Mislead, Irritate, And Rip Off Consumers At Every Prudent Option” with “Suck It, Customers”. But it was to no avail. Around the turn of the millennium, Internet-only retailers like Newegg and Tiger Direct were slaughtering Circuit City’s prices alive. Despite Circuit City’s best efforts to stop the hemorrhaging (including their third and final corporate mantra, “Seriously: Suck It, Customers. We’re Not Fucking Around Any More”), they were forced into bankruptcy at the beginning of this year.
Continue reading Die In A Fire, Circuit City Harrisburg
Ed, ed, ed, ed, ed. Ed.
What can be said about the man that hasn’t already been said thousands of times before? No words of mine — neither poetic tapping on my 1993-era super-clicky keyboard nor alcohol-fueled ramblings on a public terminal — can truly, meaningfully express how we feel about Governor Ed Rendell right now. I know there’s been a lot of commentary about him lately, and a great many people have taken it upon themselves to try to adequately convey our true feelings. Some messages are quite harsh; others, soft. Yet I feel that none have yet truly captured the sentiment felt by so many of us residing in this great Commonwealth of Pennsylvania. So I will try my best to fill this monumental exercise in futility.
Bear with me.
At the end of the day, there is but one thing to remember about our great Governor. You see, no matter what people may say — no matter what jokes they may make — there is one, universal, unconditional truth about Ed Rendell. All kidding aside (if I may be serious here for just a moment) there’s really only one thing that you have to remember about the guy. And I’m truly speaking from my heart, and I think from the hearts of most Pennsylvanians, when I point out that no matter what your political beliefs or party affiliation may be, there’s one thing that pretty much everyone agrees on when it comes to Governor Ed Rendell:
Continue reading So About That Rendell Guy