Obama's Big Chance

Albeit reluctantly, the Senate gave the go-ahead to release the additional $350 billion in TARP funding contemplated by the original plan ... to breathe life back into this economy.” To his credit, President-elect Obama acknowledged ... at companies receiving funds, provide more loans to small businesses and ensure “taxpayers can see [more...]

Date: 2009-01-16 04:29:19

Blog posts (166) | Videos (398)
 

The Poverty Business

Sorry if this appears to be an older article, and not latest headlines, just thought it was interesting - loki The Poverty Business Inside U.S ... into Byrider, Tsosie drove off, jubilant, in a 1999 Saturn subcompact she bought entirely on credit ... access to credit has put cars, computers, credit cards, and even homes within reach for many [more...]

Date: 2009-01-15 00:45:24

1-17-2009 (Sat Afternoon) Fin. & Econ. Activity

At least 21,000 jobs were targeted for elimination yesterday as employers from Hertz Global Holdings Inc. to Advanced Micro Devices Inc ... -parts division. Hertz, the second-largest U.S. rental-car company, said it will cut more than 4,000 jobs ... by trading losses on mortgage bonds, the bank faces credit-card losses that surged to a record [more...]

Date: 2009-01-17 18:27:49

Beige Book’s Midwestern Summary

From the Federal Reserve’s Beige Book (HTML, PDF). Economic activity in the Seventh District declined further in December, ... market conditions weakened. Construction declined, and manufacturing activity moved lower. Credit ... . In agriculture, field work was limited in December by bad weather. Consumer Spending Consumer spending [more...]

Date: 2009-01-15 01:00:38

Bailed-Out Banks Stiff Credit Card Customers

Since bailouts are so timely today, Bloomberg weighs in to point out that banks that have been recipients of government bailout money are reacting ... is it that my credit-card loan got pulled? Why am I being charged a higher rate?’” Wonder if Southern ... by charging higher fees on credit cards for consumers. Apparently, they’re trying to get ahead [more...]

Date: 2008-12-19 15:01:55

Things You Tend Not To Spend Much Time Thinking Seriously About When Making A Decision To Relocate

I have had this item on my blogging to-do list for probably 18 months now, without attempting to address it ... s start with credit history, something discussed in this blog a long time ago. Or, rather, your lack of such overseas, which will hamper your efforts to obtain auto financing or even apply for local credit [more...]

Date: 2009-01-15 20:29:06

Gates of Vienna News Feed 1/8/2009

The latest word is that an agreement with Russia has been reached, and the flow through the gas pipeline will resume.Also, look for the storming of the Israeli consulate in Montreal, as well as other Gaza-inspired violence around the world.Thanks to AA, Abu Elvis, Insubria, JD, Tuan Jim, Vlad Tepes, and all the other tipsters who sent these in [more...]

Date: 2009-01-09 04:49:00

Bailout Fatigue Sets In

attorneygeneral.utah.gov Just as troubled borrowers are poised to become the next likely recipients of government help, ... mortgage-loan modifications — the anger over bailing out borrowers has been growing. Taxpayers ... saying, ‘I didn’t buy a house I couldn’t afford. I didn’t take out a home equity loan [more...]

Date: 2008-12-09 18:38:11

Are California’s Muni Bonds Golden?

Here is an opportunistic view of California’s fiscal difficulties ... state. The “general obligation” (or full faith and credit) bonds now yield about three times as much ... , and on time. “There’s a fair amount of bad news coming out of California,” he conceded. “So ‘perceived risk’ [more...]

Date: 2009-01-14 00:11:54

Doom - Part Deux

It's here. Finally. Doom. Doom Part Deux, actually, as the fine folks over there at The Wall Street Journal Online have informed us that the " ... . They don't really know exactly where all the money went and who did what with it. Bad answer ... Rican rum producers$128 million to auto racing tracks$33 million for corporations that operate [more...]

Date: 2009-01-17 08:34:00

Wolf Versus Pettis on US Stimulus, Fiscal Deficit (Not for the Fainthearted)

Martin Wolf has a very good comment in the Financial Times, "Why Obama’s plan is still inadequate and incomplete," which readers might tempted to ignore, since the headline suggests the piece reaches a conventional conclusion: the Obama stimulus plan is too small. That would be a mistake. The Wolf article (as others have done) [more...]

Date: 2009-01-14 15:43:00

More on Good Habits for Success in 2009

“Good Habits”. Lets delve a bit deeper: Constantly evaluate everything you are doing Develop the habit of constant awareness and evaluation.  Always be thinking: is this the best use of my time? Is the best way I could be doing this? Do the most important task of the day first This ties in with your daily goals, [more...]

Date: 2009-01-06 15:55:09

Dow Will Swoon Again In 2009

We may be in the middle of a pre-Christmas rally, but Andrew Gordon says next year’s economic outlook is dire ... into the credit crunch, it’s still not clear which are the “good” banks and which are the “bad” ... . Job losses are soaring and consumer spending is drying up. And the great unwinding of the credit [more...]

Date: 2008-12-10 12:42:55

Portugal Sustains

by Edward Hugh: Barcelona "Art has a function of teaching about the human condition. We live in hope, hope is fundamental" - Manoel de Oliveira Manoel de Oliveira (photo and quote above) is a living example for the Potuguese people of how to force their way out of the low growth/low per capita income trap into which they have [more...]

Date: 2009-01-12 19:22:42

GM, Ford and Chrysler say sayonara, Tokyo

There were some notable absences at this year's Detroit auto show, including Nissan, Suzuki and Ferrari ... : A model poses with a Toyota concept car at the 40th Tokyo Motor Show in October 2007. Credit ... . It's the latest sign that a bad economy and crashing sales are disrupting the industry [more...]

Date: 2009-01-15 02:39:09

Wall Street Breakfast: Must-Know News

Treasury takes GMAC stake. The Treasury will buy a $5B stake in GMAC (GKM), owned by General Motors (GM) ... shortage earlier this year forced it to limit loans only to people with the best credit. GMAC, which ... will now have to greatly increase its debt to proceed with the Rohm acquisition. As such, S&P cut Dow's credit [more...]

Date: 2008-12-30 12:11:31

Portugal Sustains

“Art has a function of teaching about the human condition. We live in hope, hope is fundamental” - Manoel de Oliveira Manoel de Oliveira (photo and quote above) is a living example for the Potuguese people of how to force their way out of the low growth/low per capita income trap into which they have steadily stuck their neck [more...]

Date: 2009-01-12 14:37:23

HPI Interview: U.S. Rep. Mike Pence

By BRIAN A. HOWEY INDIANAPOLIS - HPI ran into U.S. Rep. Mike Pence - now the third ranking Republican in the House - at the Statehouse inaugural on Monday, which set in motion this interview mid-Tuesday afternoon as Pence prepares to become one of the key Capital Hill loyal opposition voices to incoming President Barack Obama [more...]

Date: 2009-01-17 15:00:23

Mortgage: 3 Tips On Finding The Cheapest Rates

There are a lot of things to do when looking to buy a home but the most important is to get the most interesting mortgage loan rates available on the market. When applying for a loan, having a high credit score allows you to have a number ... one. Important: in some countries there are only established only two kinds of credit score: the good [more...]

Date: 2009-01-17 12:34:42

Secured Bad Credit Loans Make Sense

Secured bad credit loans were seen with a bit of contempt in times gone by. Now they make complete sense, and we should be glad ... by means of a secured bad credit loan. Now new lending sources are springing up which consider ... speak for themselves. The much higher rates of interest payable on credit cards, auto and retail [more...]

Date: 2009-01-17 00:00:02

getting the best

In making a loan via inline, first thing we do is to read the site and you will find out that if this site can be trusted because money is involve ... recruits and have a large network of the auto lenders from where you will receive an car loan with bad credit. The lenders are also aware that the terms and the rates of auto loans will be receiving an [more...]

Date: 2009-01-16 13:26:07

Economic Diffusion Works

Get out of your feed reader and comment on this post- we PROMISE that the ShamWow guy won\'t pop out when you do.. ... or limited credit. Fannie Mae and Freddie Mac maintained the bulk of the rest of the mortgage market. A borrower needed good credit and at least a 3%-5% down payment (or equity) to secure a mortgage [more...]

Date: 2008-12-14 16:16:41

Repossessed Car Owners Shocked After Being Sued By Car Lenders

The latest in reality shows is Operation Repo, a team of “highly paid professionals” in the San Fernando Valley of California who repossess vehicles from dead beat car owners. Some of those who had their autos repossessed in Florida ... to the Tampa Tribune , those who had their vehicles repossesed believed their car woes were over until [more...]

Date: 2008-12-29 15:51:27

You Need Credit Scores With A Credit Report

By John Rasor the importance of knowing and understanding your credit history and score I recently logged on to annualcreditreport ... that people with bad credit are more likely to file a claim than people with good credit. As a result ... .com to get my once a year free credit report but to my surprise there were no credit scores [more...]

Date: 2009-01-17 19:01:47

Student Loan Consolidation May Be The Answer To Your Debt Burden

Student loan consolidation may be the answer to your heavy debt burden and the many issues that come with having to make several loan payments every month. Student loans just like the other forms of financial aid are a service that is subject ... dropping below half-time enrollment. With this, the loans remain delinquent for 270 days or become [more...]

Date: 2009-01-17 09:03:38

Is the other shoe about to drop?

According to a December 14, 2008 segment of 60 Minutesentitled “The Mortgage Meltdown, ... is that most of the air has already leaked out of this bubble, but the bad news is that another, perhaps ... option ARM” mortgages. (See below for a brief explanation of each.) Credit Suisse estimates [more...]

Date: 2009-01-16 23:43:00

Noah's 2009 Predictions

A: Lets keep the tradition going and I apologize in advance for the length of this, hopefully you can find 5 min to read it all. Here were last years predictions for 2008, published December 27th, 2007; if you haven't read it yet and are new to this blog, please try to read it before continuing so you can see where I was right, [more...]

Date: 2008-12-24 15:28:05

Slumping Auto Sales Hurt Auto Loans

Perhaps the one market to see the heaviest damages besides the mortgage industry is the automotive industry ... a credit freeze situation that is making life difficult on multiple levels. It isn’t all bad news ... for this lies with the fact that automotive sales are down. In a vicious circle, the lack of auto sales hurts [more...]

Date: 2009-01-16 17:47:05

2008 Lookback: Of All the Nerve

Market meltdowns have a way of revealing the true nature of many people ... a Ponzi scheme, and not just as a result of trying to cover a few bad bets in 2008. Mr. Madoff ... it was not in favor of an auto-industry bailout, saying that “the American people aren’t interested in just giving [more...]

Date: 2008-12-24 09:54:00

Bankruptcy Reform Caused More Foreclosures

This research is from the NY Fed. It finds that bankruptcy reform shifted default risk from credit card lenders to mortgage lenders and in doing so ... just about falling home prices, bad mortgage decisions, and weak economic conditions? No and no. Indeed, we would ... in subprime foreclosures by shifting risk from credit card lenders to mortgage [more...]

Date: 2008-12-12 22:43:00

Cheap Auto Insurance : Reduction of costs, Attorney, but with maintain protection

individual_ins If you’re the owner of the car, you must be having an auto insurance ... of experts recommend that you to always review insurance policy thoroughly. Apply online for bad credit ... . If you are looking to buy a car, consider buying a car that “looks good” to insurance companies. For instance [more...]

Date: 2009-01-14 02:41:37

Get Professional Advice - First Time Car Loaner

If the financial implications worry you and you dream of owning a car, then you still have many options left ... of loan. And even if you have a bad credit, you can still get a loan from a specialist provider ... ways; - find the right auto financing alternatives for you. - determine a car loans total costs [more...]

Date: 2009-01-16 15:50:00

Using Good Debt to Pay for a House, Car, or Education

Hello again! Cate here, talking, as usual, about debt. The point of my series here at Queercents is to talk about the dangers of getting into debt ... that will produce concrete benefits to your life. The bad kind of credit card debt that I’ve talked about often ... benefit. I’ve had both kinds: Bad Debt: $5,000 credit card debt from living beyond my [more...]

Date: 2009-01-16 02:45:14

Fear and Loathing in Detroit

Fear and Loathing in Detroit Posted by Guest Poster Published: December 8, 2008 - 7: ... as the auctioneer); Bad Loan Department (no explanation required) and Workout and Restructuring Group ... who had seen more than his share of bad loans and dumb business decisions. This fellow was an anomaly [more...]

Date: 2008-12-09 00:27:43

A brief history of the beginnings of the Ford Motor CompanyWhy now? ... coming today from news outlets when:Government Loans Chrysler $1.5 Billion to Get Credit Moving ... and Chrysler CEO’s would you leave your private jets for sale in DC and drive home from Washington [more...]

Date: 2009-01-17 10:01:11

Weakened Credit Lines Have Eliminated 100 Percent Auto Financing Deals

In generous times, consumers were able to procure 100% financing on cars ... in order to purchase a vehicle, and others without stellar credit can find financing opportunities ... industry. Credit lines have shrunk, and lenders have imposed strict standards for borrowers to follow [more...]

Date: 2009-01-13 17:41:54

Best Auto Loan - Tips for Avoiding an Upside Down Loan

If you are new to the car buying process, the likelihood of acquiring a bad auto loan is high. For this matter, car buyers must familiarize themselves with how the financing process works ... than it’s worth. If possible, limit loan terms to 60 months or less. For a list of reputable auto [more...]

Date: 2009-01-17 06:47:20

Deals of the Day: Goldman Recommends Fannie Mae Bonds

Deals of the Day, compiled by Stephen Grocer and Heidi N ... , bankruptcies, financing and private equity. You can bookmark Deal Journal for easy visiting throughout ... billion rescue package for the nation’s imperiled auto industry Wednesday night, but the emergency [more...]

Date: 2008-12-11 13:33:58

The Top Franchise Trends For 2009

Two words will be dominating the franchise landscape for 2009: cautious optimism ... credit score, and low personal debt, will increase the chances of getting a franchise loan.  More tips ... entrepreneurial ventures. Franchise Loan Availability The financial institutions are still going through [more...]

Date: 2009-01-09 07:30:34

Madoff Scam: "He’s a person of integrity..."

A: Waking up this morning here to plenty of news; Senate votes down auto bailout as Harry Reid states "No more talks on auto bailout..." & Bernard Madoff admits to employees of running a $50Bln Ponzi Scheme, using new principal from new investors to pay out returns to existing investors [more...]

Date: 2008-12-12 14:24:37

Insider Q&A: O.C. bank president on his $5 million in TARP funds

Simmons Commerce National Bank in Newport Beach is the latest O.C. bank to get funds from the U.S. Treasury Department’s $700 billion for aiding financial institutions. The only other bank headquartered in Orange County to get TARP funding is the Saigon National Ban in Westminster, which received $1.5 million [more...]

Date: 2009-01-15 10:00:55

How "Something For Nothing" Ideas Become Policy

Leaders all over the world are now in an Undeniable Shift to Keynes even though every such attempt in history has failed. Please consider the madness:The sudden resurgence of Keynesian policy is a stunning reversal of the orthodoxy of the past several decades, [more...]

Date: 2009-01-02 08:49:00

Trepidation About Quantitative Easing, Version 2.0

The Fed made official its move to quantitative easing today, and said it will take no prisoners until it has lowered rates and credit spreads further ... Securities Loan Facility to facilitate the extension of credit to households and small businesses [more...]

Date: 2008-12-17 10:28:49

Blame the bailouts on Mr. Rogers???

Guest blogged by Dan I miss the "Outrageous Quote of the Week". I admit that I was never certain if an honest, but truly ignorant quote, was more outrageous than one that was just mean-spirited. Elizabeth MacDonald lets us have both. Ignorant and Mean-spirited. Blame the Bailouts on Mister Rogers? [more...]

Date: 2008-12-19 15:21:57

Car Loans

Like all sophisticates, ... a great job of detailing how the car loan business looked amidst the general credit madness: Here’ ... the financing, often because they advertise lower rates than banks. That’s when the scam starts. Many car [more...]

Date: 2008-12-22 18:56:16

Car Loan w/ Bad Credit!

Life is so difficult without vehicles, it can be considered as a primary use of transportation ... don’t worry about car loan with bad credit. Okay?Then if you register, you will not be given ... . I think it would be best to buy a brand new car with the help of the best car loan site [more...]

Date: 2009-01-15 15:43:00

Cash in Your Pocket; Inches Off Your Belly!

Cash in Your Pocket; Inches Off Your Belly! January 16th, 2009 by Charles Pruett Get cash fast from 800LoanMart’s auto title loans, where you can borrow on the loan value of your vehicle, and never worry about bad credit standing ... you get your cash loan? Apply here to get things rolling on your loan. Relevant Tags:appetite, auto [more...]

Date: 2009-01-16 17:25:02

Words from the (investment) wise 12.15.08

Words from the (investment) wise for the week that was (December 8 - 12, 2008) ... that liquidity was still being hoarded. (Also see my “Credit Crisis Watch“.) 13-dec-v1.jpg Source ... of the biggest industrial failure in US history caused a sell-off on global stock markets, a widening of credit [more...]

Date: 2008-12-14 12:42:13

Wayne Root comments on Blagojevich corruption scandal

Posted at Root for America America wanted change and we sure got it. We elected a politician who looked and sounded fresh and new and different ( ... , you can still sell a Senate seat. I wonder if Governor Blagojevich accepts credit cards? I can hear [more...]

Date: 2008-12-15 16:18:01

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

51 - 100 of 166 Posts
Page: First | < Preceding | Next >
0 | 1 | 2