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How was my weekend? Eh, well given that my week days are pretty much like my weekends, it wasn’t anything too exciting. I did manage to plow through some stuff on my DVR, knock out some prime PGP ‘tent and sleep a solid 12 hours Saturday into Sunday, so really, who can complain? Well, these people can, I suppose.
Offset
The Migos rapper lead this column last week with his stolen $150k necklace and here he is again, this time after a horrible car wreck.
The father of Cardi B’s unborn child crashed his lime-green Dodge Charger in a one-car accident in Atlanta. Offset was alone in the car and only sustained minor injuries. His car was not so lucky:
The interesting part: after the crush, Offset left the scene. A passerby called cops, who found the car abandoned and called a tow truck. Before the car was removed, two people arrived in another car and took items out of the wrecked car before it was towed. No one witnessed the accident and Offset claims that he crashed swerving to avoid a “crackhead” who had run out in front of him.
Sounds fishy, huh? The police think so too, and they are currently investigating. [via Page Six]
Hotel Swimmers
Most of us are pretty aware that hotel hot tubs are cesspools of bacteria and parasites. But I think we figured that pool was relatively safe – I mean, the plethora of chlorine and other chemicals have to kill any potential germs, right?
Not so much. Nearly one-third of all disease outbreaks in the United States between 2000 and 2014 were linked to chlorinated or treated water in hotel pools and hot tubs. According to the US Centers for Disease Control and Prevention, “treated recreational water” was responsible for at least 27,219 illnesses and eight deaths during that period, with most of the illnesses linked to parasite Cryptosporidium, commonly called Crypto, “which can survive even in well-maintained pools and can give swimmers gastrointestinal illness and diarrhea,” according to CNN.
The best way to not get sick if that’s not enough to make you stay out of the water? “The advice is pretty standard no matter who you are,” said Michele Hlavsa, lead author of the report and chief of the CDC’s Healthy Swimming Program. “Once in the water, don’t drink the water you swim in.”
Um…duh. [via CNN]
Lil Tay
You don’t know who Lil Tay is? Well, she’s a foul-mouthed nine-year-old rapper that two million people follow on Instagram for reasons I do not understand. An example of her ‘tent:
Well, it turns out that Lil Tay’s baller lifestyle is pretty much a sham. Despite claiming she’s “youngest flexer of the century,” it turns out that the cars (like the Red Ferrari in the above video) featured on her Insta belong to her mom’s former boss, and the big mansions she films her vids in are just homes her mom was showing in her former job as a realtor.
Oh and yes, there’s a story relating to her mom’s former career – it looks like Tay’s mom, Angela Tran, was fired from her real estate job due to Lil Tay’s antics. “As of last week Angela is no longer attached with our firm,” Jim Lew, director of business development for Pacific Place Group, said in an email. “Our firm does not condone this type of behavior and has no place for this in our business.”
I mean, it really has no place in society, but agreed, Mr. Lew. [via TMZ]
Student Loan Borrowers
I’m just going to rip off the band-aid here: student loan rates are going up, again.
According to Business Insider, interest rates on federal student loans will go up for the second year in a row, with borrowers for the next year’s school year paying 0.55 to 0.6 percentage points more to take out loans from the Education Department. The new rates:
Direct subsidized loans for undergraduate borrowers: 5.00%
Direct unsubsidized loans for undergraduate borrowers: 5.00%
Direct unsubsidized loans for graduate or professional student borrowers: 6.60%
Direct PLUS loans for parent, graduate and professional student borrowers: 7.60%
Why is this happening? Well, it has something to do with how the rates are based on the high yield of the 10-year treasury note during the last auction held before June 1, but frankly, who the hell cares?
There is some good news: people with existing federal student loans will not see their rates go up, as all federal student loans disbursed after July 1, 2006 carry fixed interest rates. Phew. [via Business Insider]
The Celtics
I don’t want to talk about it..
Respond
Jenna Crowley
Jenna used to be known as 2NOTBrokeGirls, but then one of the girls actually went broke, so she's struck out on her own. Jenna spends her free time saving the world, one sorority girl at a time (usually while wearing yoga pants), questioning why she decided to get a doctorate, documenting her love of all things cheese related, and hosting the new PGP podcast Don't Take It From Us. You can ask her anything you want about football, using your boobs to get what you want, and pizza at @JennaLCrowley on Twitter or via email at JennaLCrowley@gmail.com.
@JennaLCrowley
@donttakeitfromus
Hey guys, I know you’ve probably seen the Big Short so now imagine that scenario happening when the student loan crisis bubbles over, now add in that same scenario for credit card debt, subprime auto loans, and a second real estate wave and we’ll have ourselves a nice little plot twist for a real life Purge scenario. Get your cameras because pretty soon it’s gonna be the easiest time to become a famous conflict photographer ever lol
Student loan rates aren’t going up because Sallie Mae (or whoever the current lender is) is out to screw new borrowers, but because the Fed raised its base rate from the abnormally low rate of the Obama years. A lot of loans given out in the US are based off this rate, so it makes sense that the student loan rates would also go up.
I could write a book on this (some people already have.) When are people going to start having self control over their finances? Just because you’re being offered a low rate doesn’t mean you should take it. The government really fucked people over with artificially low interest rates. Did it get the economy back on track? Somewhat, but now we’ll have to deal with the aftermath of rising interest rates on variable loans that shouldn’t have been made in the first place. Fasten your seatbelts, folks. Also, this could be what stops the education bubble aka everyone needing a college degree. More people started going to college because more loans were available. Its funny to watch people who spend $100k+ on a degree that’s basically useless to make $40k a year when there’s an electrician or plumber out there making $80k+ on less than 10% of those education costs.
End rant.
Tl;dr: Cash is king.
Totally agree. The problem is, you have people who don’t know how a credit card works taking out those $100K loans and it’s not just the kids themselves fucking up, it’s their parents too who don’t know it either. There needs to be some kind of literacy test so that before you can take out loans that size, you understand how compound interest works.
File the pool disease statistic under shit I wish I could purge from my memory cause it will be the first thing I think of at a hotel pool going forward.
Cavs are winning this series.
Got a Franklin and a half bet with my cousin from Boston on this.
Why cant we talk about the Celtics? Something happen? hmmm? HMMMMMM?!