What do you think about deflation?

The economy just might be on the way to “fixing” itself, if it doesn’t destroy itself first ... more businesses could go under. Bad. Of course, in the long term, lower profit points could mean ... their credit, etc. That would be good. The New York Times reports that construction on new houses [more...]

Date: 2008-11-19 15:22:55

Blog posts (458) | Videos (197)
 

DEADLY RESCUE

My cover-story for the new issue of National Review:The road to hell is paved with bad interventions ... , and the SEC have backfired. They were intended to ameliorate a credit crisis and to keep it from spreading ... had powerful unintended consequences, with the government fixing one trouble spot only to create another [more...]

Date: 2008-10-31 20:14:30

One Story to Embody 2008, Two Ratios Show Room to Fall for Stocks, Death of the Euro, and More!

by Addison Wiggin & Ian Mathias A fitting end to 2008… an easy money crisis “fixed” with more easy money Equity bottom still out of reach… ... , maybe credit shouldn’t be so easy!” Today, they’re back. Never mind that GMAC is borrowing money ... t have to worry about making bad loans until they’re at least 30 days past due. If there’s any [more...]

Date: 2008-12-31 20:05:01

Toyota: Credit Not Responsible For Current Sales Slump, But Please Hurry Up And Fix! [Toyota Sales]

Jim Lentz, Toyota's US sales chief, told the Detroit News yesterday that consumer financing isn't their challenge right now; rather, ... are postponing car purchases. Dealers across the country are singing a similar tune, saying that well-qualified buyers can still get financing, but continuing bad economic news is keeping buyers [more...]

Date: 2008-10-10 14:00:00

BREAKING! **DOUBLE-UPDATED** This "Fix" Needs a-Fixin'

... . All credit to Bigus Dickus, whose beloved Canaries could end up looking pretty bad if this all bears ... , goalkeeper Roy Carroll. FA Chief Lord Triesman has, per the BBC, said that match-fixing suspicions [more...]

Date: 2008-10-16 22:40:04

Fixing the USA... or tilting at windmills?

Okay, I'm officially fed up, so this may be my first blog rant ... $700 Billion for the financial sector. Maybe it will be to buy bad loans, maybe not. We'll see ... tanks, mostly because there's no credit to buy cars since the financial sector closed up. So let's [more...]

Date: 2008-12-17 13:36:53

Bailout BS: Fixing the US auto sector in 3 easy steps

[ Three easy steps to fix the US auto industry: Bailout automakers to survive another 3 years, unlimited tax credits for hybrid cars,EVs, etc, ... and create a gas tax. Tough love for Big 3 includes giving the Prius some credit I've had enough ... , automakers have made many important changes, but a few years doesn't rectify decades of bad [more...]

Date: 2008-11-10 20:28:57

No end in sight

I feel bad for the next President with respect to our current economic prospective ... that it would “fix our economic woes” - a bailout that gave these financial institutions approximately 50% of the United States GDP, without any strings attached or requirements supposedly to “free up credit [more...]

Date: 2009-01-09 22:31:00

Buy a New Car or Fix the One I’ve Got?

I knew it. I just knew my car was in bad shape. I’ve talked about it before, and I knew it was going to happen ... looking at about €4,000.” We don’t have €4,000. Not only that, but we won’t get approved for a loan ... of money, it’s going to have to be through tapping the open line of credit at a gazillion percent [more...]

Date: 2008-10-17 10:00:17

Friday's comment from the papers in...

Daily_fix_top_20 Today in Times Comment Gerard Baker: Only Americans could produce a result like this Michelle Obama: ... in a strange land (Florida) Ross Clark: The interest rate cut is bad economics and bad politics Joan ... the countryside Leading Article: (The Independent) - This rate cut is not just about credit [more...]

Date: 2008-11-07 08:01:03

Fixing the Unemployment Outlook

by The Mogambo Guru Mish Shedlock at globaleconomicanalysis.blogspot.com has looked at the latest Z1 Flow of Funds report, and found that "$7 ... of 2008, is also as bad as it looks, then "roughly $10 Trillion in household wealth ... !), PLUS give me a tax credit (which is cash in my pocket!) for, oh, say, 10% of what I spent, as a sort [more...]

Date: 2009-01-02 20:04:08

Up Again Fixing the Servers, Hating Life, Contemplating Colorado

Up Again Fixing the Servers, Hating Life, Contemplating Colorado 6 Days Ago | Posted to: ... ? What dream? I haven't made a penny in five years. The credit card companies call incessantly. I owe ... misery. And it keeps getting worse. Has been for years. My fault, bad decisions. One after another [more...]

Date: 2008-10-30 07:08:26

Department Of Really Bad Ideas

While I've been more than a little skeptical about Treasury and Fed shotgunning trillions to their rich friends, ... up its sales pitch for a $250 billion stimulus package called "Fix Housing First," arguing that financial markets won't recover until home prices stop falling. They are calling for a generous tax credit [more...]

Date: 2008-11-24 01:55:00

artist feature :: arabella proffer

“Arabella Proffer-Vendetta is a painter, designer, and co-founder of the indie label Elephant Stone Records. Her loose narrative themes revolve around a fascination with punk rock, aristocrats, Renaissance fashions, aging socialites, pre-code cinema, gothic divas and rock ‘n’ roll groupies. She attended Art Center College of Design in Pasadena, CA before receiving her BFA from California Institute of the Arts, and has participated in solo and group exhibitions throughout North America and Europe. [more...]

Date: 2009-09-26 21:23:38

What are you reading?

Labor Days Vol. 2 Welcome once again to What are you reading?, the weekly column where the Robot 6 team runs through what comics and other stuff they've been checking out lately. As Chris is in Bethesda this weekend, I'm filling in for him as your host. Our special guests this time are Philip Gelatt and Rick Lacy , creators of the Labor Days graphic novels published by Oni Press. Volume two, Just Another Damn Day , is now available in finer retail establishments everywhere. [more...]

Date: 2009-09-27 17:11:32

Michael Moore: Interview of “Capitalism: A Love Story”

Thanks to Radical Eyes for suggesting this interview, which appeared on Democracy Now, and is available in audio.Guest: Michael Moore, Academy Award-winning documentary filmmaker. His latest film, Capitalism: A Love Story, opened in New York and Los Angeles yesterday. It opens nationwide on October 2nd.JUAN GONZALEZ: It was a year ago today when President George W. Bush gave a primetime address urging Americans to support the $700 billion bailout of Wall Street. [more...]

Date: 2009-09-27 16:29:27

Bailed Banks

The Bush-Obama strategy of throwing trillions at the banks to solve the mortgage crisis has been a failure. The banks welcome public money to remove toxic assets from their books, insured by we-the-taxpayers, as well as the hundreds of billions in direct handouts, but they’ve hardly returned the favor. They’ve used these funds to pay mega salaries and prop up stock values, choices that obviously benefit them. They needed public support, no one wanted the system to collapse. [more...]

Date: 2009-09-30 21:58:57

Never Show up to a Gunfight with a Knife

Why do so many people struggle with money? Why is it so difficult to get ahead in a time of such prosperity? Why do the rich keep getting richer while the poor and middle class seem to continually struggle? I’ll tell you the answer: Most people follow bad advice and mimic strategies of the financially unsuccessful rather than imitating those who are already wealthy. You see, every day you make money choices that affect all areas of your life. [more...]

Date: 2009-09-28 20:03:13

Coach's Corner: 10 reasons your team hates you

Got this link from our webmaster Todd Politz -- might be trying to send me a message!  Intersting post from http://thoughtleadersllc.blogspot.com/.  I'm guilty of a few...how bout you?10. You don't prioritize. Everything is important. When you do this, you remove your team's ability to say no to less important work and focus their efforts on critical tasks. The fix: write down all the tasks you have folks working on and FORCE yourself to assign a H, M, or L to each task (and treat it as such). [more...]

Date: 2009-09-29 21:26:00

Hullabaloo (2009-09-26 13:00)

Mr and Mrs Moral Hazzard by digby This is just brilliant . For those of you who are wondering what the hell happened and is happening with the banking bailouts,(and why some people who should know are saying the system is " shakier than ever .") Chris Hayes and Nomi Prins have put it together in a way that anyone can understand. Here's an excerpt: Imagine a couple living in a three-bedroom house outside the Twin Cities. Call them Joe and Katie Hazzard. [more...]

Date: 2009-09-26 20:00:00

AEI Interns’ Transcripts in Date Order: Their Own First Draft of History

First of all, I want to reemphasize everything Laurie just said. This is not a new threat, and this is not a threat we did not know about. Saddam Hussein has, in many ways, openly dreamed of mass death in the United States. He has shared his dreams with his nation and the world many times. We also know he has actively planned to do so many times, and Laurie’s book is a rather convincing argument that he is active and successfully implemented plans to do so as well. [more...]

Date: 2009-09-28 08:30:21

How To Obtain A Mortgage Loan Modification To Prevent Foreclosure

In today's economic environment, mortgage foreclosure hurts everyone. The homeowner's credit score is destroyed and, most importantly, they are forced out of their homes causing them to lose everything they put into the property. The homeowners' neighborhood loses as property values decline, crime rates go up, and the tax base evaporates. And the lenders lose because the cost of foreclosure is extremely high and they must report foreclosures as non-performing assets. [more...]

Date: 2009-09-28 15:17:38

President Obama And Congressional Liberals Get An ‘F-’ On Economy

The bad economic news keeps rolling in this weekend as we learn a generation of young people may have permanent scars as a result of the failed liberal stimulus bill and its moronic reliance on government jobs programs to lift this nation out of the Great Recession: The unemployment rate for young Americans has exploded to 52.2 percent — a post-World War II high, according to the Labor Dept. [more...]

Date: 2009-09-27 15:27:01

In The News Today

Barrick and its OTC Short of Gold Derivative Obligations: I am asked constantly how Barrick can cover all their hedges. The answer is quite simple. Barrick does not have to buy one ounce of gold. You buy your way out of hedge contracts with paper money. The simple question is what does the long side want to release the obligation in light of future possible profits on the position? What a hell of a needlessly expensive mess. [more...]

Date: 2009-09-30 19:48:55

US: Inflation looms as spending increases

By Emeka Chiakwelu    stategist@afripol.org      www.afripol.org President Obama and his administration’s brilliant economic team are aware of the possibility of inflationary trends creeping into the economy as spending increases. The paramount reason President Obama was elected was to fix the economy and inject a new life into the financial markets. To say that the task of rejuvenating the economy is difficult is an understatement. Even sophomoric observers can bear testament to that. [more...]

Date: 2009-09-28 19:02:03

The Problem Of Medical Homelessness

Please allow me to coin a new term: Medical Homelessness – Not having access to a consistent familiar medical setting.  Not having a care location where one is known or where the medical information is accurate. credit I think medical homelessness is one of the main problems in our system. Given the nature of care in the US, most patients are required to be their own homes.  They serve as the conduit where medical information from one provider goes to another. [more...]

Date: 2009-09-29 20:00:50

Friday morning links

TOP STORIES Rate cut from Japan, Barclays seeks funding - Reuters Nevada, Michigan, Florida lead 'underwater' list - AP Housing plunge: ... is more likely than many assume - MarketWatch Banks, consumer advocates urge U.S. to allow credit card debt ... it feels so bad - CNN/Money Economic data point to the start of a recession - LA Times Recession Ghost [more...]

Date: 2008-10-31 13:20:00

M's Racing: Kyle Busch Fall New Hampshire Advance

For Every Problem There is an Opportunity     HUNTERSVILLE, N.C. (Sept. 16, 2009) – In the face of bitter disappointment, one might be able to take comfort in the old saying, “For every problem there is an opportunity.”   Kyle Busch, driver of the No. 18 M&M’s Toyota Camry for Joe Gibbs Racing (JGR), is certainly disappointed since he now faces the next 10-race stretch of the NASCAR Sprint Cup Series schedule without being part of the 12-driver Chase for the Championship. [more...]

Date: 2009-09-29 01:32:17

December 4th, 2008

survey we conducted was an easy way to sort through a very defined set of alternatives, but determining where we should focus our effort in terms of new features and bug fixes is a much more complex challenge. over the last few days we have been looking into potential solutions that will enable us to have a real conversation around what should be [more...]

Date: 2008-11-27 02:54:01

Five Years!

September 1st was my five year blogiversary. This silly littlle blog has been here five years. Of course, it seems like much longer, sometimes it feels like I've been doing it forever. That's probably because I put my first web page up on the internet way back in 2002 and it eventually evolved into the blog in 2004. But since that first page went up, there have been millions of visitors here at lindasog.com. So many of you found me somehow, and you keep coming back. [more...]

Date: 2009-09-27 13:00:28

Danish Mortgage System Rediscovered

Tyler Cowen has written a very positive review of Robert Pozen’s book about our financial crisis, Too Big To Save? How To Fix The U.S. Financial System. He seem to especially like the Danish Mortgage system. Key quotes….. The Danish model has another critical and innovative feature. Holders can retire their own mortgages by purchasing the same face amount of mortgage bonds at the prevailing market price. [more...]

Date: 2009-09-27 16:14:27

Scanning the News: Tough Times Require Decisive Action

Though I get most of my in-depth commentary on business and technology from blogs, I augment that with mainstream news headlines and alerts ... Stocks in U.S. Retreat; S&P 500 Index Falls Below Lowest Close Since 2003 •Berkshire Credit Risk ... ' as Shares Fall •Senate's McConnell Calls for Expediting $25 Billion of Loans to Automakers •Hijacked [more...]

Date: 2008-11-19 16:04:32

No surprise here; FBI and likely other federal agencies abuse the use of National Security Letters. Support the JUSTICE Act unless the Republicans can do better.

I have been railing against the Patriot Act (which is anything but) since its passage and I physically protested same back when AG Ashcroft visited Salt Lake City in circa 2003. Numerous provisions of that Act signed into law by the SOB (Son Of a Bush) were and remain egregious. The Patriot Act assailed our rights on so many fronts, not the least of which was broadening the use of National Security Letters (NSL). [more...]

Date: 2009-09-28 19:56:34

How to Replace Bad Financial Habits With Good Ones

This is a guest post from Leo Babauta of Zen Habits. His first book, The Power of Less, was recently published by Hyperion ... full of things we don’t need, bills we can’t pay, and low balances in our checking and savings accounts ... situation? Some ideas: Impulse spending. Overuse of credit cards or other debt. Spending without tracking [more...]

Date: 2009-01-14 13:00:09

Credit Repair Can Make Your Life Stress Free

by Dina Salinas For most people, having bad credit would be like the end of the world. People rely on credit for even the simplest transactions in this modern world. If you have bad credit, then simplify your life with a credit repair that is within reach. If you’re having financial issues, chances are that creditors already know. They can tell by the way you handle your credit, the way you pay it, etc. For instance, if you are changing your credit pattern or taking cash advances. [more...]

Date: 2009-09-27 18:08:52

How to Make Lots of Money During a Recession

A recession is possibly the best time to launch a new business or to expand an existing one. It’s also a great time to get ahead in your career ... discount on GM cars because two of my family members used to work for GM. We looked at some GM cars ... . We can live without new credit cards and gas-guzzling SUVs for a while. Those non-essentials can be put [more...]

Date: 2008-12-09 23:40:01

Finding Bad Credit Home Loans

Sep 26th, 2009by Tony Kid. by Tony KidObtaining bad credit home loans is just not as hard as back in times past. There are loads of new programs available to help people with less than stellar credit. You have many options if you fall into the bad credit category today, and help is there if you look for it. You may not think you can get approved for a loan, but if you’ll seek it out, you may find that you’re perfect for the programs that have been put in place today.For many years, citizens of the U. [more...]

Date: 2009-09-26 13:14:42

Just another poly-trickster who happens to be black?

Point of order: I was asked by the Publisher of the News weekly I serve as Senior Op-Ed writer to write a piece suggesting that given Obama centrist ... . It was based losely on a post early this week called: No End in Sight.I feel bad for the next ... GDP, without any strings attached or requirements supposedly to "free up credit markets [more...]

Date: 2009-01-16 23:38:00

The Failing TARP

The more one reads about basic problems in the handling of $700 billion in emergency economic stabilization funds--and the Treasury's stonewalling ... to enrich the people who work for it. Realistically, there is only so much that can be done to fix ... credit-default swaps. . . . Until very recently, companies haven’t had to provide even cursory [more...]

Date: 2009-01-06 13:44:56

Steven Denlinger: Of Wannabe Sith Lords and Maverick Politicians

A friend recently sent me an email that expressed his frustration with the bailout plan: "I was talking with a businessman on Sunday (Ventura way) ... to tighten credit at the exact time they should have loosened it. You'd think the House Republicans ... ? Back then, President Hoover stuck to his guns. He believed that government intervention is bad. [more...]

Date: 2008-10-01 06:13:37

Moral Hazard of the Coming Mortgage Bailout

“Why am I being punished for having bought a house I could afford? I am beginning to think I would have rocks in my head if I keep paying my mortgage.” -Todd Lawrence, Norwich, CT homeowner with a traditional 30-year mortgage > Herein lies the simple problem in trying to “save” so many mortgages: A huge swath of them should not be saved [more...]

Date: 2008-10-31 14:09:11

Buyer's Basic Guide to The Foreclosure Process and REOs

I've written articles on when you can't make your mortgage payment and how to react if you see foreclosure coming in time to do something about it, ... , this is often because something bad happened to them for reasons beyond their control. I'd be happier ... is not as much as I would like - if you don't qualify for a loan modification, you are on a course [more...]

Date: 2008-11-10 14:45:32

An Anti-Masterpiece Of Timing In California

The Mercury News reports from California. “John Gronley bought his dream home nine years ago for $625,000. Its paper value peaked at $1 ... through people such as a former loan agent at a small San Leandro brokerage.” “‘We called them ‘ ... who could never afford a loan on a $400,000 house. At least once a month we’d all look at each other [more...]

Date: 2008-10-04 17:43:14

Rescue Detroit, or not?

Here at the Opinion Manufacturing Division, we're torn about whether Congress should bail out U.S. automakers. ( ... more working for parts suppliers. But in contrast to foreign-based car makers, which grew through much of the past two decades, the trend for the Big Three has been remarkably bad since the mid-1990s [more...]

Date: 2008-11-13 20:14:26

Maybe Hank Paulson should give silence a try

Judy Biggert, a Republican from Illinois, had a question for Hank Paulson at today's House Financial Services Committee hearing: ... in the bailout bill? This insurance plan was a bad idea, seemingly ginned up on the fly by Eric Cantor ... , and it would do little or nothing to jumpstart credit markets. My bet is that nobody at Treasury [more...]

Date: 2008-11-18 18:41:44

New Year?s Resolutions for the Credit Crisis

“Finish each day and be done with it,” said Ralph Waldo Emerson. “You have done what you could. Some blunders and absurdities have crept in ... institutions on mergers and acquisitions. The credit crisis exposed a major fault in short-term– ... when they couldn’t get any more credit lines. In November, banks afraid of a repeat performance of those [more...]

Date: 2008-12-31 10:02:00

Federal Housing Grants for Disabled

by Constance Nagaguchi If you are a disabled person looking to fix up your home or buy a new home, you probably know that to do these things would cost money. Luckily though, the government helps the disabled through government run programs. Many disabled veterans do not know that the government offers these housing grants for the disabled. Millions of dollars are unused every year due to this lack of knowledge. [more...]

Date: 2009-09-27 15:51:40

Media Matters: Conservative media peddle a raw deal

The conservative punditocracy that has spent the past eight years propping up a president who gave us an illegitimate war and leaves us with an almost unimaginably bad economic crisis apparently grows weary of defending this spectacular failure of a president. And so they have begun to shift their efforts to an easier task: trying to turn [more...]

Date: 2009-01-10 00:09:02

Big Victory in Fight Against Spam: Major Spam Host Axed

The Washington Post is reporting that a US host allegedly responsible for a whopping 75% of the junk email sent out globally on on a daily basis has ... porn, and a Trojan horse operation that apparently swiped banking and credit card information ... . In addition to controlling spam-producing botnets, MyColo’s bad practices extended to other illegal [more...]

Date: 2008-11-12 18:42:03

Where Any Sale Is A Prized Event

The Associated Press reports on Florida. “Al Ray is so strapped for cash, the only time he eats out is on Wednesday or Sunday, ... $250,000 a year and had an impeccable credit history.” “Then he lost his job. Provost missed one $10,500 ... condominium market. Nearly 400 condo owners have defaulted on loans since the beginning of the year [more...]

Date: 2008-09-23 13:38:07

51 - 100 of 458 Posts
Page: First | < Preceding | Next >
0 | 1 | 2