Green Roadblocks

Let’s stick with the subject of the Detroit bailout for a moment. The public debate on the issue has been intelligent, interesting and invigorating ... . Just as the credit bubble deformed the housing market–not just prices but also the size, style and location of houses–the auto market has been misshapen by easy money and cheap gasoline. Since the [more...]

Date: 2008-11-20 13:03:27

Blog posts (131) | Videos (58)
 

The Gasoline Tax And The Renaissance Of The Bicycle

With the rise of the US automobile industry, the bicycle almost disappeared as a means of transportation in America ... -guzzling ways." It's better to use the money for mortgage payments, credit card debt, or a rainy day ... American public roads in good repair. They determined that the deficit between revenue and expense [more...]

Date: 2009-01-02 00:31:42

Keeping Account

Would you believe I have only just arisen (it is 8.21am as I write) having had a cracking dream where I suggested to my three daughters that every week, in turn, one of them would cook the family a Sunday meal. They were quite rapturous about it. Even my son thought he'd like to have a try [more...]

Date: 2009-01-15 08:19:00

Предсказания Кюнстлера на 2009 - США, Нефть, Геополитика, Путин

Спонсор месяца - #1 RX pharmacy affiliate program!Сайт дня (как попасть) - http://www.business-magazine.ru/There are two realities "out there" now competing for verification among those who think about national affairs and make things happen. The dominant one (let's call it the Status Quo) [more...]

Date: 2009-01-01 07:59:00

First Draft Of Stimulus Package

SUMMARY: AMERICAN RECOVERY AND REINVESTMENT Action and Action Now! The economy is in a crisis not seen since the Great Depression. Credit is frozen, consumer purchasing power is in decline, in the last four months the country has lost 2 million jobs and we are expected to lose another 3 to 5 million in the next year [more...]

Date: 2009-01-15 23:03:30

CESI Can Help You Get Debt Free

by Imus Jackson There are all kinds of groups and programs and companies out there that claim to provide help for those folks who are stuck in a financial nightmare, and don’t know how to get out of it. CESI is an organization that provides all kinds of services and counseling for just those kinds of folks and they have multiple options available to fit almost every circumstance. [more...]

Date: 2009-09-29 09:24:17

Forecast for 2009

Introduction       There are two realities "out there" now competing for verification among those who think about national affairs and make things happen. The dominant one (let's call it the Status Quo) is that our problems of finance and economy will self-correct and allow the project of a "consumer" economy to resume in "growth" mode [more...]

Date: 2008-12-29 03:33:57

Fed Talk "Slaves 'R' Us"

Bernanke: More bank bailouts neededNEW YORK (CNNMoney.com) -- Federal Reserve Chairman Ben Bernanke said Tuesday that President-elect Barack Obama's proposed fiscal stimulus package could help the economy, but he added that additional bailouts of financial institutions may also be needed to bring about a sustained economic recovery [more...]

Date: 2009-01-13 17:12:00

Reading POSt: Case study on a sales culture

Reading POSt: Case study on a sales culture Cash generation largely through accelerated but informed selling is the name of the current game (of course, companies may opt for cost-savings but that's another matter all together) so the story ... many a depositor from entering a branch (NAVPU, debit/credit, GRT, etc.) Think of the potential [more...]

Date: 2009-01-17 04:54:31

Advice To Pres. Obama (#2): Yes We Can, But Will We?

The below post/letter is very important to me, and brings together much of what I have worked on the past few years ... particular issue runs the risk of creating more long term harm than good. In this letter, I attempt ... . In this letter, I would like to explain what some of these things are. In addition [more...]

Date: 2009-01-15 16:49:43

Bush and Obama Diss the G20 Financial Summit

The latest back-handed insult may be yet another variant of the Bush "we don't do multilateralism" syndrome. Unfortunately, as various pundits writing at the Financial Times have pointed out, the US's stranglehold on power is slipping. Even Obama in the campaign repeatedly said that a country cannot maintain military dominance if it is not a [more...]

Date: 2008-11-13 06:16:08

Obama’s Deficit, Fed’s Forecast, India’s Market, Gold’s Victory, and More!

by Addison Wiggin & Ian Mathias Obama’s fiscal “change”… trillion-dollar deficits “for years to come” Fed says economy to shrink in all of ’09, unemployment to rise until 2010 Second wave of real estate tsunami swells… office and mall vacancy rates surge Indian market crushed in ’08, [more...]

Date: 2009-01-07 19:10:08

An honest-to-God advocate gets a top job

No, not on the national security team — get real. And not exactly a top job — her power as head of a panel. . . ... . Warren and haven’t seen her, on, for example, PBS, she’s a Harvard law professor specializing in consumer credit laws and personal bankruptcy reform. She also co-authored The Two-Income Trap: Why [more...]

Date: 2008-12-02 14:10:30

Guest Post: Obama Plan Is Bold, but Not Bold Enough

As details emerge about the incoming Obama administration’s stimulus plans, Peter Boone and Simon Johnson argue that proposals should be even bolder. Boone is chairman of Effective Intervention, a U.K.-based charity, and a research associate at the Centre for Economic Performance, London School of Economics, [more...]

Date: 2009-01-07 09:09:48

Small-Business Owners Divided on Auto Maker Bailout

Many small-business owners vehemently oppose bailing out Wall Street. But what about Detroit and the Big Three auto makers? ... dealerships (which are struggling mightily right now) to the parts suppliers and repair shops. Of course, these businesses have already suffered immensely from the financial hit the Detroit auto [more...]

Date: 2008-12-03 09:12:00

Rosenberg on Real Estate

Rosenberg on Real Estate David Rosenberg of Merrill Lynch* appeared on CNBC a few moments ago to discuss the relationship between deflation in ... of credit and economic activity in general. Rosenberg is exactly right here, as he so often ... (emphasis added in bold): The US is in the midst of a secular credit contraction and likely [more...]

Date: 2009-01-08 15:50:40

Twenty-First Century Trust-Busting

Halfway through Michael Lewis and David Einhorn’s NYTimes Op-Ed (btw, when did those two hook up?) ... businesses to the highest bidders — perhaps to some bank that was not swept up in the credit bubble ... that if you don’t prop up these banks you risk an enormous credit contraction — if they aren’t in business [more...]

Date: 2009-01-04 15:45:51

Existing Home Sales Record Price Drop

Sales of existing homes dropped 3.1% from the prior month in October, and slipped 1.6% from the previous year. Total housing inventory fell 0.9% ... they revert back to historic means, the better. Of course, it wouldn’t be an existing home sales ... about upward distortions of prices due to the combination of absurdly easy credit, ultra-low rates [more...]

Date: 2008-11-24 15:48:59

Record Price Drop on Existing Home Sales

Sales of existing homes dropped 3.1% from the prior month in October, and slipped 1.6% from the previous year. Total housing inventory fell 0.9% ... elevated, and the sooner they revert back to historic means, the better. Of course, it wouldn’ ... them warning about upward distortions of prices due to absurdly easy credit, and the appraisal fraud [more...]

Date: 2008-11-24 15:48:59

Tuesday morning -- and we're in a recession

As Sacramento Bee reporter Dale Kasler noted in his lead paragraph this morning: "No kidding" ... that Henry Paulson and company don't know why credit markets have frozen. Is it because the banks ... a solution without knowing. Sample quote: “You cannot repair this economy if you can’t repair those [more...]

Date: 2008-12-02 13:54:33

Nations Top Firearms Salesman Announced

Nations Top Firearms Salesman Announced on the eve before the opening of this years SHOT Show in Orlando Florida ... of business slumps that have befallen the automotive and housing industries. It’s credit where credit is due. Mr. Obama has consistently voted against individual rights to firearms, appointed a re [more...]

Date: 2009-01-14 11:57:24

Consumer Credit Counseling

Consumer Credit Counseling January 17, 2009 at 5:00 pm · Filed under Credit Counseling Services div style=’float: right; width: 100px; padding: ... on financed loans and credit card debt can become onerous and when you add in penalties and late fees ... impossible for anyone to compete in today’s arena without the aid of a credit card. And that’ [more...]

Date: 2009-01-17 22:00:36

DrumBeat: November 29, 2008

OPEC freezes crude output quota CAIRO (AFP) – OPEC decided on Saturday to leave its oil output quota unchanged and vowed to take any action necessary to balance the market next month, the cartel's president said after a consultative meet in Cairo. "Ministers agreed to take any additional action on December 17th (in Oran, Algeria) [more...]

Date: 2008-11-29 14:01:57

The End of the Financial World as We Know It

This is the best article I have seen on describing not the financial crisis, which is a symptom, but the demise of our nation’s value system and lack of leadership. I am in search constantly of “the why” behind this crisis, why people have gotten so greedy at the expense of others, why enough is never enough [more...]

Date: 2009-01-10 14:09:15

U.S. ‘Bad Bank’ Plan Gets Momentum to Revive Lending (Update2)

By Robert Schmidt and Craig Torres Jan. 16 (Bloomberg) -- Renewed questions about U.S. banks’ viability are pushing regulators toward a new plan that would remove toxic assets from bank balance sheets, in what may become the biggest effort yet to unfreeze lending [more...]

Date: 2009-01-16 11:55:00

Innovation from Constraint (the extended dance mix)

I gave a talk a few weeks ago in Barcelona that was pretty well-received and widely blogged. Specifically, several bloggers have picked up and amplified the seven key points I offered in the talk - a list of principles that I believe characterize much of the best innovation coming out of Africa [more...]

Date: 2008-11-10 20:45:09

Paulson Translated

After listening to and reading the text from Paulson’s speech this morning, ... at a tipping point. Credit markets were largely frozen, denying financial institutions, businesses and consumers access to vital funding and credit. He uses past tense verbs, but I’m not sure [more...]

Date: 2008-11-13 04:08:18

Barack Obama: The Outdoor Wire's "Gun Salesman of the Year"

By Jim Shepherd In recognition of the unprece­dented demand for firearms by nervous consumers, ... the automotive and housing industries. It's credit where credit is due. Mr. Obama has consistently ... when a gentleman came and said he'd never wanted to own a gun before, but wanted to get one while [more...]

Date: 2009-01-16 05:10:00

News and Commentary

Children Heavily Represented Among 917 Dead, Say Officialsby Michael Jansen - Irish Times / Common DreamsHealth officials in Gaza said yesterday that the Palestinian death toll since Israel began its offensive against the Strip on December 27th had reached 917 and the number of wounded 4,100 [more...]

Date: 2009-01-14 08:42:00

January 10 2009: Hornswoggled Absquatulation

Russell Lee Tobaccy Candy 1940 Pool hall, Shasta County, California Ilargi: The revolving doors between Washington and Wall Street are swinging like never before. Lawrence Summers and Robert Rubin are the finance powerhouses in the upcoming Obama administration. They were in the exact same place 10 years ago [more...]

Date: 2009-01-10 16:28:00

DrumBeat: January 1, 2009

Blackout fear for EU as gas row escalates Jose Manuel Barroso, the European Commission president, called on Moscow and Kiev to solve the dispute as soon as possible. While Gazprom, the Russian ... , there are fears that Germany, Italy and other customers could eventually be hit if the dispute escalates [more...]

Date: 2009-01-01 13:44:53

Online Credit Reports

Every time you ask for a mortgage, make a payment, ask for a personal loan or use a credit card, the information is recorded in your credit report. A credit report has all kinds of information about your credit status, mortgage or billing information, legal issues and more. It is the first thing lenders look at when considering [more...]

Date: 2009-01-16 06:17:32

Gates of Vienna News Feed 11/9/2008

Don’t miss Bill Ayers’ op-ed in the Toronto Star.Also worth looking at: the “Axis of Evil” countries love Obama. Kenya is expecting a quid pro quo from its favorite son. Corzine is rumored to be in line for Treasury. And the recession hits China.Thanks to Abu Elvis, C [more...]

Date: 2008-11-10 04:33:00

New Financing Source in Cleveland Helps Small Business Owners

CLEVELAND (Oct. 27, 2008) - Kevin O’Connor today announced the launch of his Wirth Business Credit operation, ... credit and borrowing standards from traditional lenders, who are jittery about potential risk,” O’ ... . Wirth Business Credit helps to fill the gap for small business owners who are stranded.” Specializing [more...]

Date: 2008-11-01 11:59:14

Outdoor Wire Names Obama “Gun Salesman of the Year”

In recognition of the unprece­dented demand for firearms by nervous consumers, ... the automotive and housing industries. It’s credit where credit is due. Mr. Obama has consistently ... . For December 2008 the National Instant Criminal Background Check System (NICS) recorded a twenty [more...]

Date: 2009-01-15 01:22:18

U.S. Chamber of Commerce Unveils State of American Business Report

The two seem to make an unlikely pair, but according to the CEO of the U.S ... , however, that the Chamber and the new administration are working together to repair American ... to get our economy going in a forward motion," Josten said. "One is credit and the other is confidence - and we ain’ [more...]

Date: 2009-01-07 22:20:43

Friday Digest - Vol. 09 No. 02

Friday Digest — Vol. 09 No. 0216 January 2009THE FOUNDATION"We should never despair, our Situation before has been unpromising and has changed for the better, so I trust, it will again. If new difficulties arise, we must only put forth new Exertions and proportion our Efforts to the exigency of the times [more...]

Date: 2009-01-16 17:15:00

MassMutual Named a 2009 Working Mother 100 Best Company

MassMutual Named a 2009 Working Mother 100 Best Company Company recognized for strong commitment to work-life programs and services SPRINGFIELD, Mass., Sept. 22 /PRNewswire/ — Massachusetts Mutual Life Insurance Company (MassMutual) announced today it has been named one of the 2009 Working Mother 100 Best Companies, a recognition of its commitment to provide programs and services to help ensure the retention and advancement of working mothers. [more...]

Date: 2009-09-22 14:24:32

Top Tips on Eagle Scout Scholarships

Top Tips on Eagle Scout Scholarships If you are looking to receive one of the eagle scout scholarships offered by the National Eagle Scout ... here . . . It is Possible to Acquire Student Loans With a Bad Credit Score It is not impossible to acquire student loans with bad credit. However, there are some things that you will need to remember [more...]

Date: 2009-01-14 19:00:01

Bring Back the Bull Moose!

Copyright Protected. All rights reserved. By Judah Benjamin, Guest Author OK, Folks, Some of us are former (?) Democrats, some of us are moderate (?) ... that both major parties are broken beyond all reasonable hope of repair and that Obama is a symptom [more...]

Date: 2008-11-10 02:06:21

At Frontline of Foreclosure Crisis, Counties Go It Alone

Image by: Matt Mahurin With graffiti-scarred walls, ... with their credit crisis problems, cities and suburbs are mostly on their own. It wasn’t supposed ... to buy up and repair foreclosed houses. But since the Hope for Homeowners program launched [more...]

Date: 2008-11-24 11:01:40

Green America’s Solutios to Our Broken Economy

7 Fixes from the Green Economy Green America (formerly Co-op America) ... and can repair the damage and create a world that works for all. Economy Everyone now understands ... many name the mortgage and credit-default-swap crises as culprits, they are only the most recent [more...]

Date: 2009-01-16 01:59:08

The Hollow Men

British financial historian Niall Ferguson recently coined the term “Chimerica” to describe the growing economic interdependence between the United ... was then invested in the U.S., which kept interest rates in the U.S. low and provided easy credit [more...]

Date: 2009-01-02 00:51:42

WWGCA: What Would God Complain About?

» More Boy Friends WWGCA: What Would God Complain About? 23 hours ago:   SUBTITLE:   The Analysis or (more likely) ANAL-ization of THE COMPLAINT   Posetd by: komplainer000» More Business Saving the pleather cow and other confessions 01/02/2009: Alright, already-- I took my butt to Franklin Covey and returned the planner that was Posetd by: [more...]

Date: 2009-01-16 17:19:40

'In Survival Mode'

From the Sacramento Bee: Wood is the department's lead investigator of real estate fraud, a position created three years ago and partly funded by a county grant to deal with an influx of financial crimes that came with the boom in the real estate market [more...]

Date: 2008-11-03 21:40:00

What’s Wrong With A Little Socialism?

» More Big Business Spiffing Up Horton Plaza Park 12/29/2008: When my father took a job with the City as head of the water department, the family c Posetd by: xenubarb» More Bosses WWGCA: What Would God Complain About? 23 hours ago:   SUBTITLE:   The Analysis or (more likely) [more...]

Date: 2009-01-16 17:59:29

DrumBeat: December 8, 2008

Oil rises on talk of auto bailout, stimulus NEW YORK (CNNMoney.com) -- Oil prices rebounded from a nearly 4-year low Monday as U.S ... a banking and financial crisis. Further, we do not know how in the world of climate change [more...]

Date: 2008-12-08 13:37:28

Recognizing a Credit Repair Scam

by David Wada Companies target consumers with poor credit histories all the time, ... a credit repair offer, here’s 6 simple ways to tell if the company behind it is up to no good: * The company wants you to pay for credit repair services before they provide any services. Under the Credit [more...]

Date: 2009-01-16 04:06:09

Words from the (investment) wise 12.28.08

Investors spent the holiday-shortened Christmas week in an un-merry mood, digesting more gloomy economic data and taking stock of a tumultuous 2008 ... s exuberance), but also still be battling with the implications of the credit crisis for the global economy [more...]

Date: 2008-12-28 12:31:33

Black Friday: 15 Tips for Buying a Black Friday Notebook (or Not Buying One)

It’s that time of year again, when notebook buyers across the country start plotting how they’re going to score a cheap notebook on Black Friday, the day after Thanksgiving that kicks off the holiday shopping season. We’re going to start tracking the deals on our Black Friday Notebooks page, [more...]

Date: 2008-11-16 01:25:35

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