Do you think you have the right to toss a gift card in a drawer for a couple of years and use it later? What, do you think the money is yours or something? Seriously, this is the equivalent of the completely busted-out state rummaging under the sofa cushions for random change. And it presses the precedent that your assets belong to the state whenever the state says it does.
The New Jersey Treasury Department has signaled it won’t abandon its effort to seize unused money on gift cards and traveler’s checks.
State Treasurer Andrew P. Sidamon-Eristoff has told a U.S. District Court judge in Newark that the state will appeal a Nov. 13 ruling that temporarily struck down a new law concerning seizures that was enacted in July as part of Governor Christie’s budget.
The legislation amended part of the state Uniform Unclaimed Property Act to include gift cards for the first time, allowing the state to consider a card abandoned two years after purchase and seize the balance.
Read more at NewJersey.com.
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Is this guy ever going to shut up and go away? Maybe he’s running around preaching his gospel in India because he can’t travel anywhere in the U.S. without being jeered at and mocked. One thing he’s got right: If you label something—anything—as terrorism, you can claim the moral high ground, shut down reasoned debate, and demonize anyone who disagrees.
Nobel Peace Prize winner and champion climate campaigner Al Gore outlined the doom the world is awaiting because of climate change and expressed disappointment at world leaders failing to clinch a treaty to fight the new global terror. Terming the logjam in climate negotiations as a “startling paradox”, the man, whose documentary, The Inconvenient Truth won an Oscar said the year 2010 had seen worst of climate change.
“There was severe drought in Russia and extreme flooding in Pakistan. What more evidence is required for action,” he said at HT Leadership Summit.
Read more at The Hindustan Times.
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