Report: Homebuilders lobby -- again -- for tax breaks for buyers

A quickie from the Wall Street Journal today: "Home builders, including Stuart Miller, chief executive of Lennar Corp., are lobbying for a $15,000 to $20,000 tax credit to spur demand, saying the $7,500 credit passed ... about the housing market. The story, running under the headline, "No Quick Fix for Housing Prices [more...]

Date: 2008-10-15 23:00:24

Blog posts (384) | Videos (201)
 

McCain Blasts Obama on Economy, Say He'd Fire SEC Chair

ABC News' David Wright, Alyssa Litoff, Bret Hovell and Imtiyaz Delawala report: At a joint rally near the tarmac here, ... contributors, he didn’t lift a finger” said McCain, who took credit for warning Congress of the impending ... , Iowa today, McCain took a major portion of his remarks to lay out how he will focus on fixing [more...]

Date: 2008-09-18 17:47:34

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

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

Communique Issued and Obama Speaking Now

You can watch him live here: The text of the communique is below. Leaders’ Statement: The Pittsburgh Summit September 24 – 25, 2009 PREAMBLE 1. We meet in the midst of a critical transition from crisis to recovery to turn the page on an era of irresponsibility and to adopt a set of policies, regulations and reforms to meet the needs of the 21st century global economy. 2. When we last gathered in April, we confronted the greatest challenge to the world economy in our generation. [more...]

Date: 2009-09-25 21:36:12

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

Mega Collection of Top Applications (more than 80) - vinay

MEGA SOFTWARE COLLECTION ALSO SEE PAGE-6 CRAZY TALK 5 PRO DFX SOUND ENHANCER V8.403 BIT DEFENDER TOTAL SECURITY 2009 Unlike other security solutions, which rely heavily on a list of pre-existing viruses, BitDefender security solutions use proactive B-HAVE technology that identifies and blocks new and zero-day threats. Additionally, BitDefender Total Security 2009 Systemâ??s maintenance and backup tools keep PCs running at optimal speed and protected from data loss. [more...]

Date: 2009-09-27 07:20:53

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

Know the Basics of Buying a Home

When it feels about time to stop renting and time to purchase a home there are a few basic things that you should understand. Here are the steps you will need to take in order to make purchasing a home more than just a dream. First, get a copy of your credit report and clean up your credit record as much as possible. This will help you when it is time to get a loan from the bank. Second, go to your bank. Talk to a loan officer and tell them you want to buy a house. [more...]

Date: 2009-09-29 19:52:42

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

Bankruptcy Repair ? The Only Sure Way To Improve Credit Score

by Jack Bronson Bankruptcy has become something common these days. In has become a day to day happening as the fact is now understood by all. It is just a situation in which the debtor is unable to pay back the loan money to the creditor. Everything has become very simple. All that has to be done is to file bankruptcy in the federal court. Anyone, both creditor and the debtor, can do this. The creditor can demand more money from the debtor if he / she files bankruptcy first. [more...]

Date: 2009-09-25 15:07:29

Credit Card Debt Consolidation Loans will Get You out of Debt Effectively

Amazon.de Widgets Credit card debt consolidation loans will help you to regain control of your debt and avoid filing for bankruptcy. However, you must first look at ways of lowering your debt through negotiating with your creditors. If you, like so many others, are finding that the pressure caused by increasing credit card debt is pushing you towards considering filing for bankruptcy it is probably time for you to start thinking about the damage such a move would cause you.Instead, start looking [more...]

Date: 2009-09-25 15:17:26

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

McCain, Obama: Cautious steps on crisis

by John McCormick CORAL GABLES, Fla. -- Acutely aware of the delicate nature of the financial situation and its increasingly central role in the ... " to stabilize markets and maintain credit. With the Wall Street bailouts expected to cost hundreds ... details for his plan to fix the immediate problem, a reversal from what aides had indicated a day [more...]

Date: 2008-09-20 14:20:13

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

Red Ink, Green Proposals, No White Smoke (Yet)

The chatter continues over California's $40 billion budget hole, as Democrats pitch some new economic stimulus ideas, ... toward everything from wetlands restoration and flood protection to repair and building projects ... some of the state's idled construction workers back to work. Of course, selling bonds on Wall Street [more...]

Date: 2009-01-14 20:42:50

Blocking, Tackling & Running: Leveraging a Crisis Into Real Change

There's a fairly well known cartoon of two scientists working out a problem on a chalkboard covered with complex equations and down in the circle is a little circle with the key step inserted in small print - "and then a miracle occurs". Wouldn't it be nice if we could take the same short-cut to fixing the horrendous shopping list of significant [more...]

Date: 2009-01-16 20:07:11

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

Are You Trying To Rebuild A Good After Bankruptcy Credit

You can rebuild a good after bankruptcy credit as soon as possible without having to wait for the full bankruptcy period to be over. When it comes to filing for bankruptcy, most people thought that it will take an entire seven years before they can start to receive credit again.  In some cases this is true but in the majority of cases there are things you can do that ensure that you can start building after bankruptcy credit right away. [more...]

Date: 2009-09-26 04:18:35

Still no plan for fixing billing system for youth in L.A. County detention

Earlier this year, Los Angeles County probation officials vowed to fix their system for billing parents of youth in county detention after county supervisors questioned why the department had mistakenly billed low-income and foster parents. Supervisors gave a group of probation and other county officials three months to propose changes, but six months later the group has yet to present a proposal. Probation officials declared a moratorium on new probation billing Feb. [more...]

Date: 2009-09-29 22:43:35

Windows Azure and Cloud Computing Posts for 9/24/2009+

Windows Azure, Azure Data Services, SQL Azure Database and related cloud computing topics now appear in this weekly series. Note: This post is updated daily or more frequently, depending on the availability of new articles in the following sections: Azure Blob, Table and Queue Services SQL Azure Database (SADB) .NET Services: Access Control, Service Bus and Workflow Live Windows Azure Apps, Tools and Test Harnesses Windows Azure Infrastructure [more...]

Date: 2009-09-27 21:52:00

Time for a Taxpayers Revolt

Congress will be voting this week on the biggest give-away of our tax dollars to the financial sector in our nation’s history ... , many are skeptical as to whether the bailout will even restore confidence – and credit – to the banking system. As one report notes, “Doubts remain as to how it could immediately thaw the frozen money [more...]

Date: 2008-09-29 01:05:28

Wisdom and Folly from U.S., Israeli Media on Gaza

UPDATE: Haaretz is reporting the death through Grad missile fire of a second Israeli in Ashkelon. In the midst of this madness called Operation Solid Lead, I see one of my roles as recording who got it right and who got it wrong.  I am grateful for Sol Salbe informing me of Tom Segev’s strong denunciation of Israel’s Gaza onslaught published in [more...]

Date: 2008-12-29 08:26:24

Re: We Don’t Get Bilbao?

Yesterday, David Brooks bemoaned the lack of artistry and “vision” in the upcoming multi-billion-dollar Obama administration infrastructure program ... Highway Report, 24% of U.S. bridges were reported structurally deficient or functionally obsolete in 2006. At the current rate of repair it will take 62 years for those bridges to be brought up to date [more...]

Date: 2008-12-10 16:54:38

Dow Falls 730 on Deteriorating Fundamentals, Evidence Rescue Efforts Not Taking Hold (Updated)

Boy, that was short lived. The massive EU and US rescue efforts to pump equity into banks, the TARP, the increase in the Term Auction Facility ( ... the market to revert to its old lows, because the economic bad news has only just started. Even with these unprecedented efforts, a successful fix to the banking system does not mean lending will resume [more...]

Date: 2008-10-15 21:07:44

The Shadow Gold Price

“The Shadow Gold Price” Paul Brodsky & Lee Quaintance run QB Partners, a private macro-oriented investment fund based in New York.” ~~~~ Conclusions: Spot Gold is fundamentally cheap versus its intrinsic monetary value by a factor greater than 10 Stocks are empirically very cheap versus the current quantity of paper money bank reserves [more...]

Date: 2008-12-10 13:00:25

Candidate plans won't kick foreign oil

By Jim Tankersley and Christi Parsons Fifth in an occasional series, United States of Anxiety ORLANDO -- Barack Obama and John McCain are promising voters a Tomorrowland of electric cars and high-speed trains and solar panels, a vision of American life without a drop of imported oil. But their plans to get there look more like Fantasyland [more...]

Date: 2008-09-26 01:44:31

ParaUSA LTC 9 after-action report.

In 1950, Colt introduced a version of their Government Model with an alloy frame and a shortened, 4.25” barrel. Dubbed the “Commander”, it became a favorite of many who toted a pistol concealed on their day-to-day rounds, both for its more compact dimensions as well as the eleven or so ounces that the aluminum construction shaved off the [more...]

Date: 2008-08-26 20:47:00

Midway borrows more money from the Redstones to stay alive

Late last week, Midway Games made a deal with National Amusements to essentially borrow up to $40 million by the end of this year by selling its accounts receivable at a discount. Back in March, it opened a credit line ... Shari as chairman to try and fix the beleagured company, which has consistently lost money since [more...]

Date: 2008-09-23 02:01:49

Essential Credit Repair You Need Know For Successful Self Credit Repair

Credit Repair The DIY Way . Credit repair is a great way to improve your credit scores and get a fresh financial start. However many people cannot afford the cost of a credit repair service. The good news is that you can do credit repair yourself and get the same results as a credit repair company would, you just lose the convenience of not having to do anything. This article will discuss a few important DIY credit repair tips that you can use to get started. [more...]

Date: 2009-09-28 06:50:28

Weekend CurbedWire: Market Crisis Round-Up

These are bizarre times, people. The latest national and local headlines, and how the news could affect/is affecting Los Angeles ... ." 4.) What You Can Control: Your Credit Score, NY Times: “If you can’t come up with a big down payment ... ." 2.) Bailout Won’t Fix Housing Crisis, Real Estate Pros Say, San Diego Business Journal: "While the $700 [more...]

Date: 2008-10-11 19:55:23

What to Expect at your Inspections

In an odd quirk of timing, we’ve had two listings in “the inspection period” at the same time this week ... to be faced with a daunting and potentially expensive list of repair requests. In the buyer’s market ... need to understand, preferable before they get the buyers repair request. Separate your emotions [more...]

Date: 2008-09-10 05:17:15

Free Credit Report

I was surprised to find out a while ago that a good portion of Americans did not know they could view their credit report ... of these and it starts to bring your score down. Now, it would be wise for you to monitor all 3 credit ... and they go on to the subject of financing and he asked him what his credit was like, he looked [more...]

Date: 2008-12-08 04:27:55

Unemployment Reporting: A Modest Proposal (U3 + U6)

Earlier this week, I received an email from the Real Estate editor of an (unnamed) publication. They wrote: "Just wanted to point out something I read in a Wall St. Journal article that made me think of you immediately. (Home Gauge Climbs Amid Bargains) "April pending home sales???meaning signed sales contracts???rose 6 [more...]

Date: 2008-06-12 10:30:00

Friday morning links

TOP STORIES Retail sales fall by record 2.8 percent in October - Reuters Chances Dwindle on Bailout Plan for Automakers - NY Times State and city ... up to 6,000 jobs - CNN/Money Citigroup to lay off another 10,000 - report - CNN/Money New wave of CDOs ... Priests of the Bubble Economy - TPM Cafe 76% say Obama can fix economy - poll - CNN/Money HOUSING [more...]

Date: 2008-11-14 14:19:08

When Watchdogs Snore: How ABC, CBS and NBC Ignored Fannie & Freddie

The two mortgage giants Freddie Mac and Fannie Mae — seized by the government September 7 before they went completely bankrupt, at a potential cost to taxpayers of more than $25 billion — have been in obvious trouble for much of the past five years — with criminal investigations, accounting scandals, firings, resignations, [more...]

Date: 2008-09-25 21:05:52

House passes bailout

After a week of wrangling, lawmakers give final approval to historic $700 billion bailout. NEW YORK (CNNMoney.com) ... markets and ensuring an uninterrupted flow of credit to households and businesses,” he said ... catastrophic credit meltdown. There is no liquidity in the market. We are out of time. Either [more...]

Date: 2008-10-03 18:22:30

The Homeowners Know The Truth In California

The Sacramento Bee reports from California. “California’s free-falling home prices sparked a fourth straight month of year-over-year sales gains ... a record 40.3 percent from July 2007, CAR reported. ‘Deeply discounted, distressed sales continue to drive volume in many regions of the state,’ CAR President William E. Brown said in a statement.” [more...]

Date: 2008-08-26 20:18:43

Google Analytics Help: Questions, Answers, Tips, Ideas, Suggestions

Tags, tracking advanced javascript functions, navigation summaries and exit pages, delights of benchmarking, challenges with goals and funnels, monogamy or polygamy, flash tracking and ajax, multi domain tracking, entrance paths (my favorite!), bosses and robots (is there a difference?), we tackle all these topics & more in this post [more...]

Date: 2008-07-10 08:47:20

Is glossolalia infectious?

Having made fun of Sarah Palin's discourse on untagged molecules and fungibility in the energy markets, I would be remiss ( ... into complete incoherence: LAUER: So if we get to the point middle of the week as we heard in that report where ... gonna have to work through - there's too much corruption, there's too much access, we can fix [more...]

Date: 2008-09-19 09:25:54

DrumBeat: August 12, 2008

High gas prices make motorists click on carpool sites NEW YORK — Robert Gilliland didn't think much about carpooling until gas prices got out of control. Now, he's happy to trade his motoring freedom for $120 in weekly savings. Gilliland found one rider through the classifieds website Craigslist and another using the carpool-matching service [more...]

Date: 2008-08-12 12:54:13

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

Now is Not The Time to Panic

“I know people are scared watching the markets unravel. Don’t panic. That is the worst thing that you could do in a market like this. Think about it ... and remember this too shall pass. We will not fix decades of overspending, a housing bubble and credit ... was one approach to fixing the financial institutions that we need to remain healthy [more...]

Date: 2008-10-07 16:39:05

Deal Journal] Bottom Feeding: Banco Santander of Spain is in advanced talks to take full control of Sovereign Bancorp, ... the credit crisis? Look to a measure called Value at Risk, or VaR, explains Gordon Crovitz. WSJ ... a program to buy mortgage-backed securities. The United Arab Emirates will guarantee domestic bank [more...]

Date: 2008-10-10 14:10:24

Meralco is Electrifying

Prepare to be electrified. lols. Come February, there’ll be an increase in electricity rates (PhP 0.0048 centavo per kwh) ... ” — trans. we’re doing charity work for those with illegal connections — and they’d just fix things ... not even close. Maybe we have to fix some of our light fixtures, like one of our recessed lighting [more...]

Date: 2009-01-15 12:44:45

Capital One Will Ruin This Guy's Credit One Way Or Another [Capital One]

Joseph is having problems paying his Capital One card, mainly because Capital One keeps making it hard for him to pay it, ... May when I called to ask them to fix my account once again, and they claimed I had a bad check ... credit, I don't see how this is possible seeing as I had been paying the minimum amount each month [more...]

Date: 2008-06-25 23:24:23

Don't Allow Yourself To Become A Victim of Bad Real Estate Practice

This woman made herself a victim stayed in a hotel for 7 weeks looking for my "Dream Home." And, when I found it, even though it wasn't in my price range, I knew I would do anything I could to get it. I was vulnerable, emotional and became a victim. Actually, that is not quite accurate - I made myself a victim [more...]

Date: 2008-08-08 13:55:58

Hillary Clinton Re-Imagined

Hillary Clinton Re-ImaginedHillary Rodham Clinton will serve in a non-partisan role as secretary of state, which may provide her an opportunity to recast her legacy.Hillary Rodham Clinton's confirmation hearing today in front of the Senate Foreign Relations Committee marks a turn in the legacy of a family that has dominated Democratic politics for [more...]

Date: 2009-01-13 20:05:21

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