Rich Blog, Poor Blog

Last night I was watching NOW, featuring Harvard law professor and TPM guest writer Elizabeth Warren, ... History of the Credit Card." And do check out the full Elizabeth Warren interview. It reminded ... that was 'insuring' my credit card, charging a moderate fraction of the balance so that in the event I lost [more...]

Date: 2009-01-03 10:31:45

Blog posts (123) | Videos (12)
 

Pet Industry Trends

Our family has 4 dogs.  We also have a cat, but he really isn't our pet.  He simply chooses to live in the same house we do ... in urban areas." I don't consider myself a "pet parent" and our poor dogs will never visit a spa or stay ... , which is why Americans spent over $40 billion on their pets in 2008.  Picture credit to Small [more...]

Date: 2009-01-17 20:34:33

Bond issuer upgrades look set to increase

Bond issuers poised for a credit-rating upgrade have exceeded the 12-month average for the first time in two years, according to Standard & Poor's in a report that signals improvements in the global economy.The ratings agency said 174 global iss ... [more...]

Date: 2009-09-29 17:48:20

Banking Industry Sinking Faster Than Government Can Bail?

A useful piece at the Wall Street Journal discusses the poor prospects for the US banking industry, ... and Treasury. The article makes much of recent and almost-certain-to-get-worse bank credit losses ... , are starting to mount. Construction loans were an important business for local and regional banks [more...]

Date: 2008-12-30 06:21:47

Latest News in Stock Funds Markets - Dec 03, 2008

S&P hits session low after poor services data - Boston Globe 3 Dec 2008 at 8:58am NEW YORK (Reuters) ... lurching like an erratic elevator, the housing bust and credit crunch tipping the nation into recession [more...]

Date: 2008-12-03 16:37:15

Gone!

Poor Chad!  His mother can’t let go and worse, she blogs about everything! Getting his jacket on, which isn’t easy with his bum arm! ... and his response would probably have been something like . . give me a credit card with no limit ... .  Nope, I’m really not doing as bad as I thought I might. What’s going to be kinda funny is that Chad [more...]

Date: 2009-01-08 02:17:57

Did God Really Grant Houses to the Poor? You Betcha!

Time magazine just put out an article about how a certain type of Pentecostal Evangelism likely put a large number of consumers more ... correlation. That’s what a scholar of the fast-growing brand of Pentecostal Christianity believes ... who got dicey mortgages to believe “God caused the bank to ignore my credit score and blessed [more...]

Date: 2008-10-06 06:39:32

Emily’s List: 'Poor' musician edition

Happy Friday! Today is the birthday of several music greats; Joan Baez, Jimmy Page, Dave Matthews, and even AJ McLean of the Backstreet Boys ( ... and debt. 1. Everyday Finance explains what your FICO score is and why it matters. Don't feel bad ... of the composer Johann Strauss. This week's credit card roundup of posts from around the personal [more...]

Date: 2009-01-09 15:30:21

Chanel Poor

Top designer Karl Lagerfeld rises above recession.As the world spins deeper into recession our thoughts should always be with those who provide the truly important services to society - the fashion designers. Forget whining families on minimum wage and the smelly homeless, we need to remember that some of those hardest hit by the credit crunch [more...]

Date: 2009-01-16 10:15:00

Caterpillar’s infrastructure prospects

Standard & Poors rates Caterpillar a strong buy because of its potential to sell a lot of tractors as governments around the globe build bridges, ... the purchase or lease of equipment or on major repair and maintenance, according to a recent report ... frozen credit markets was evident in September 2008 at the height of the credit crunch [more...]

Date: 2009-01-06 16:47:51

Conservatives Beat The Drum For Permanent Corporate Tax Cuts

As the LA Times reported today, conservative support in Congress for President-elect Barack Obama’s proposed economic stimulus plan is ... record for such steps is poor in general, but they are particularly ill-suited for a recessionary period ... because there is no demand in the economy, asset prices are highly volatile, and credit is hard [more...]

Date: 2009-01-15 18:30:41

Help! Poor Black People Are Stealing the Election from Rich White Guys

By Lloyd Hart You may have noticed over the last week the word acorn or to be more exact A.C.O.R.N ... bought all those bad loans (and have an automatic government rescue program to their charters ... practices in minority neighborhoods - a deliberate practice of banks not providing equal access to credit [more...]

Date: 2008-10-11 21:55:03

Ainda o “downgrade” da S&P (3)

Bloomberg The risk of losses on European government bonds is mounting as the economic slowdown threatens credit ratings in Ireland, Portugal, Spain and Greece. Credit-default swaps tied to the debt of Ireland rose more than seven-fold ... to be threatened with a debt downgrade when Standard & Poor’s said the country’s long-term rating [more...]

Date: 2009-01-14 11:03:02

Feeding the poor to sharks?

Sunday, December 21, 2008 — charliemarks Crypto-Tory James Purnell (if he was Labour, it’d be Jim) ... who struggled to afford to repair a broken boiler or cope with some other domestic emergency. However ... rate found on High Street store cards and way above normal credit-card rates. This would add nearly [more...]

Date: 2008-12-21 08:29:52

Think bums are poor? They’re actually richer than you!

Donald Trump and his daughter, Ivanka, were driving one-day and on the corner of a street they spotted a bum ... to it. Chances are that you are paying more interest on things like your credit card than what you are earning from the bank. So instead of making the minimum payment on your credit cards each month, pay [more...]

Date: 2008-12-15 03:38:37

Blaming the Poor

You have, no doubt been wondering who to blame for the current market meltdown ... One of the reasons so many bad mortgage loans were made in the first place is that Barack Obama’s celebrated ... was originally passed to combat “red-lining,” the practice by which credit-worthy applicants were denied loans [more...]

Date: 2008-10-11 23:26:00

poor dealership service (not porsche)

hi guys...long time no see...the following is my experience at a local dealership i went to today.. ... ready for a test drive, then he says that only people with approved credit get to drive the car ... . okay guys, let me tell you folks about one of the WORST car buying experiences i had EVER [more...]

Date: 2008-12-17 06:23:05

Report: Vouchers save taxpayer money

Want to save Florida money at a time when school budgets are being slashed? Offer more vouchers to poor kids. So suggests a new report from the Florida Legislature's well-respected research arm. The Office ... $38.9-million last school year through its corporate tax credit voucher program, which allowed 21,493 low [more...]

Date: 2008-12-16 17:15:23

US News and World Report: The End of the Shopaholic Nation? (pfblogs.org)

Ideas we've been presenting since blog inception i.e. the Pooring of America - are starting to gain fame in the mainstream media. Again, gas dropping 50 cents is not going to fix the consumers problem. I don't care ... credit, and that credit is drying up by the day. Then in the past decade as the middle class loses [more...]

Date: 2008-09-20 21:59:02

ON FNMA & FHLMC: REPUBLICANS ADVOCATE SOCIALISM FOR THE RICH

.NOT TO WORRY, WE'RE SAVING CAPITALISM FOR THE POOR: THAT'S YOUHERE'S YOUR NEW WORLD ORDER ... ? Not to worry, there's still another $5,000,000,000 that hasn't gone bad. Yet. Oh, and you'll be on the hook ... billion dollars before, much less FIVE!You'd think they'd be mailing you boxes of credit cards [more...]

Date: 2008-09-10 10:02:00

Buyers Come Out of the Woodwork

What was looking like a rout has become a tame, middling day, with the Standard & Poor’s 500-stock index off just fractionally after bouncing off the day’s lows ... as banks clamor for more of the federal government’s largesse. But the credit markets, while [more...]

Date: 2009-01-15 10:32:00

Spend Wisely to Save Money

Spend Wisely to Save Money Many of us are the working poor, others are struggling to get out of debt, ... Markets Investment .com. All Rights Reserved. This Post Was Brought To You By Expert Debt Help - Informative Credit Repair, Credit Reports and Debt Solution [more...]

Date: 2008-12-16 14:20:14

S&P gives Teck lowest investment grade rating, citing heavy debt load

Standard & Poor's has urged Teck to pay US$6 billion of debt by 2010 to improve the Vancouver-based miner's low credit rating. [more...]

Date: 2009-01-16 06:39:00

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