Intelligent Research...Do your due diligence

Sam walked into my office plopped himself into a chair, stretches, yawns with a smile. He slouches. He forced himself to give me one of those limp handshakes. It gave me the willies. I was meeting with him as a favor to a friend. “Hi”“How do you do. It’s nice to meet you.” I said with a strained smile. “Same [more...]

Date: 2007-04-25 01:22:00

Blog posts (384) | Videos (201)
 

Boston Tea Party Presidential candidate Charles Jay answers Obama-McCain debate questions

Posted at cj08.com (I wasn’t invited to Friday night’s presidential debate, but you knew I was going to weigh in anyway. My “participation” comes in the way of interspersing my responses into the actual text of the debate, which you will see below. All of those responses to the questions asked by moderator Jim Lehrer are in bold type [more...]

Date: 2008-09-27 18:49:05

Scroll For Updates: Breaking:Bailout bill fails…Bitchlosi’s Words That Sealed Its Fate..Republicans Blames Bitchlosi, The Market Loses $1.1 Trillion In Value, She May Add ACORN Back In

This has to be considered a shocker.  The bailout bill failed in the House, and it wasn’t especially close ... trying to fix something that wasn’t broke.  Mr. Chairman, we do not have a crisis at Freddie Mac ... is about the political lynching of Franklin Raines. Barney Frank: I don’t see anything in this report that raises [more...]

Date: 2008-09-29 18:17:30

Economic Potpourri December 13, 2008

Once again news is flying out of every corner at record speeds. Here are a few headline news reports of interest from the past couple days ... in March than they are now. This is a bad decision by Citadel.Natural Gas Falls on Demand Concern After Auto Bailout RejectedNatural gas futures in New [more...]

Date: 2008-12-13 22:34:00

11 Ways to Save on Car Insurance

As you work to build your net worth, protecting your nest egg is a critical part of your total financial picture. While we often view car insurance as being able to fix or replace our own damaged vehicle, even more important is protecting your other assets in the event of a large liability lawsuit. Of course [more...]

Date: 2008-10-06 13:29:17

House approves bailout: $700-billion-plus

by Mark Silva and updated at 3 pm With the House's second and successful vote on a $700-billion federal rescue of the nation's financial markets ... at freeing a freezing credit market for businesses and consumers alike. It authorizes the Treasury to start buying as much as $700 billion in bad mortgage-related debts from banks and other financial [more...]

Date: 2008-10-03 19:06:58

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

Vote now on my congressman’s fix Washington gimmick. (Really!)

My favorite political reality game show — my congressman’s “Fix Washington Project” — has entered the voting stage ... to accomplish). His gimmick: Voters should send him their ideas for “fixing Washington”; he and his staff ... and procedurals or bills with no or few co-sponsors. (Give him credit, however, for seeking [more...]

Date: 2008-08-13 19:45:41

Bailout Or Rearranging Deckchairs? (Updated)

By Cernig They say the latest deal is a $700 billion bailout, which brings the total bill so far pretty darn close to a round trillion - but the guy who used to be the chief economist at the World Bank has said the total might be 2 trillion once everything is said and done. How honest is the administration being with voters, even now? [more...]

Date: 2008-09-21 00:03:55

Loose Lips Daily: Recycle Your Campaign Signs!

As much local politics as humanly possible. Send your tips, releases, stories, events, etc. to lips@washingtoncitypaper.com. Good morning, and happy penultimate legislative meeting day. A special LL note to former campaign honchos: You have two days to remove all of your political signs from public space! [more...]

Date: 2008-12-02 14:03:26

Courting Hispanic Voters

The presidential candidates both addressed National Association of Latino Elected and Appointed Officials (NALEO) late last month, and they're talking today to League of United Latin American Citizens (LULAC) in Washington. A critical swing constituency that helped carry George W [more...]

Date: 2008-07-08 17:26:34

An interview with Alan Greenspan

After repeated requests, at great personal expense, and after a series of logistical obstacles ... many individuals interpreted your comments as a sign of approval for those kinds of risky loans [more...]

Date: 2008-09-30 17:05:00

The Truth About Credit Repair

The Truth About Credit Repair This is a guest post from Debt Lead, who has a debt consolidation website by Kimberly Credit Counseling ... they are able to “repair your credit”. Time is the only way to heal your credit report. By making consecutive ... on your credit report, you can follow these simple steps: Contact the local credit bureaus. Obtain a [more...]

Date: 2008-06-12 15:30:25

BAILOUT PLAN IMPLODES IN DAY OF CHAOS

$700 BILLION BAILOUT THE BIG BANG THEORY WASHINGTON — The day began with an agreement that Washington hoped would end the financial crisis that ... uncertain was the fate of the bailout, which the White House says is urgently needed to fix broken financial and credit markets, as well as whether the first presidential debate would go forward [more...]

Date: 2008-09-26 05:28:14

McCain's Fak-o-nomics - Fake Solutions for Real Problems

After the startling bailout of AIG last night, and the current day market's 200-300 point drop in response, Senator McCain (finally) ... of the company’s financial services group. That unit is profitable, according to the most recent report ... to the value of home loans. The financial products group sold credit-default swaps, complex financial [more...]

Date: 2008-09-17 18:34:55

Media Freak Out Over Palin and Giuliani's ‘Community Organizer’ Jabs

Apoplectic journalists have spent more than a week now howling with indignation at GOP vice presidential candidate Sarah Palin's belittling of Barack Obama's so-called community organizing. To recap, she accepted the veep nod quipping, "I guess a small-town mayor is sort of like a ‘community organizer, [more...]

Date: 2008-09-12 19:46:43

Toward a National Journalism Foundation

Amid so much talk of federal bailouts for the banking and auto industries, what would a national bailout plan for journalism look like? If you were given $700 billion to save journalism, how would you use it? How would you fix the system? The End of Commercial Media Several months ago I watched Roger Alton, the new editor of the Britain daily, [more...]

Date: 2008-11-17 22:13:05

What a “rescue”… we’re “bailing”, but the boat’s still filling with water. And it’s just the beginning

Within hours of the House passage, Bush had the more than $700 billion “rescue” bill signed sealed and delivered into the law books. President Bush says the legislation is meant to keep the Wall Street crises from widening… tho you wouldn’t believe that if you watched the numbers tumble following the bill’s passage [more...]

Date: 2008-10-04 04:18:34

The Lib-Lab-Con Consensus of Economic Folly

The dramatic move by the Bank of England to slash interest rates by a massive 1 ... that the collapse of demand in the British economy caused by the ‘credit crunch’ may precipitate a full ... ) stimulus. With Chancellor Alistair Darling’s Pre-Budget Report due shortly, an extraordinary degree [more...]

Date: 2008-11-11 15:38:07

There is, Perhaps, a Grimmer Truth

Lawrence rightly notes that the first round of oversight reporting to Congress on the bailout makes for grim reading ... and her associates make out. The TARP Oversight Report is quite insistant on the need for the Treasury to take ... the value of abutting property, further fueling the drop in home prices. The report says: Federal [more...]

Date: 2008-12-12 18:35:13

Fix Bad Credit

by John Cooper You do not have to just wait for negative marks on your credit report to fall off. You can remove them and improve your credit score ... payment history and improve your ratio of debt to available credit. In sum do not wait to repair ... : For more credit repair tips or to read a review of Lexington Law a suggested credit repair service [more...]

Date: 2009-01-14 19:07:31

It’s A Little Bit More Of A Valley

The Beacon Journal reports from Ohio. “Richard Stevens doesn’t buy it. His two-story, brick house had been appraised at $363,150. Then, the letter came in the mail this week from Summit County notifying him of the new value: $557,820. ‘I was absolutely shocked. I couldn’t believe it,’ Stevens said. ‘I do not believe [more...]

Date: 2008-09-08 16:02:55

Fifteen days of blogging for health care reform: Status iatrogenicus

Guest post by Skylanda. Many, many moons ago, a man came to the emergency department. He was older, suffering a raft of chronic medical problems, and now short of breath - so short of breath he could hardly pace out the length of his ER cubicle without stopping to rest in ragged gasping heaves [more...]

Date: 2008-08-25 14:00:01

Minority Report (Part II)

(Part one is here - but this will work as a stand-alone, too.) ***** SecDef? Current odds-on: Robert Gates. I suspect he'll get to offer a private yea or nay to that question before anything more is heard. And I doubt that if the answer is "yes" that it's a four year yes. At Abu M: Count the COINdinistas? [more...]

Date: 2008-11-07 15:04:22

Votes Be Rotten in the State of Minnesota

You would think that with the eyes of the country looking at the vote and with suspicions raised about what has already transpired, ... wants to "pay back" George Soros and ACORN so they are finding 100 votes here another 32 on someones ... for officials to report that they transposed a number here or there. In a normal audit, these mistakes [more...]

Date: 2008-11-12 11:44:31

Fiscal Fiasco - who's at fault?

Lots of people and lots of reasons. However, when things go wrong, engineers look for the "root cause" ... - a loose screw, a short in a circuit, a bad line of code. Often times, once started, things start to pile on - one problem piles on top of an accident hit from the side by a bad decision and then add [more...]

Date: 2008-09-27 02:03:07

McCain meets Obama, gets no job offer, which he probably didn't want anyway

Well, we know John McCain is unlikely to be named Barack Obama's White House chief of staff since Rahm Emanuel is already there, ... replied, "Obviously." Obama said the talk was more about a bid to "fix up the country" and thanking ... but no TV footage for the 24-hour news cycle out of that. (See video report on the meeting [more...]

Date: 2008-11-18 01:08:28

Meredith Whitney Trashes Citi (C), Fannie (FNM), Freddie (FRE): The Complete Maria Bartiromo/CNBC Interview

Maria had Meredith Whitney on again yesterday. Meredith's view of the collapsing financial industry hasn't gotten any sunnier. Specifically: Credit crunch still less than half done Financial institutions need capital ... DEALER CREDIT FACILITY TO INVESTMENT BANKS TO AT LEAST JANUARY '09 AS OPPOSED TO THE EXPECTED [more...]

Date: 2008-07-31 13:50:00

Treasury Bailing Out AIG Again

Will There Be Spa Trips and English Hunting Excursions This Time? I sure hope the executive pigs at AIG get it this time ... will reap less from the bad business decisions sown by AIG executives. One must also remember ... of nearly $25 billion.  AIG is also thought to be ass over teakettle involved in the toxic credit [more...]

Date: 2008-11-10 13:22:07

Bank Crash - Economics 101

Seen the news lately? Banks closing left and right, the government stepping in to bail some banks out ... . If Mega-Corporations, like banks and mortgage companies, report massive profits this makes politicians look good. The news reports “Stocks are up, banks report growth again.” It makes you feel [more...]

Date: 2008-09-17 12:00:00

Recommended Free DIY Credit Fixing Website

My friend, Dean, has a website on how to fix your own credit. It’s pretty detailed because it’s what he did himself, for free, to fix his own credit ... . However, it can’t hurt if your score is a 750 to clean up the bad items on your credit report ... website for credit reports, not an ad or affiliate.) My advice is to do everything via fax so you only [more...]

Date: 2008-12-29 15:44:54

Credit Crisis - Signs of Progress

Are the various central bank liquidity facilities and capital injections having the desired effect of unclogging credit markets and restoring ... of credit markets is under way. Updating the report at this time is also to gauge the credit ... confidence in the world’s financial system? This is precisely what the “Credit Crisis Watch” [more...]

Date: 2008-12-26 12:00:33

How long does credit repair take?

Filed under: DebtWe've been getting a lot of desperate comments from people who are seeing their credit destroyed as their personal financial lives ... . So how long does it take to fix your score, if your score is down dramatically after a credit ... will it take to get a clean credit record? Most of the negatives on your credit report will drop off [more...]

Date: 2008-11-03 21:30:00

Sunday Papers 18 Jan 2008

Pushed for time this week, so the Bloggosphere round-up is a little short - I’m off on another real-world assignment to the darkest corners of Asia this coming week, but I’ve left you with plenty to read below, and have scheduled a load of articles to appear each day while I’m away - have fun y’all [more...]

Date: 2009-01-18 06:41:32

Glorious Beloved Deregulator Guy speaks

Listening to the Beloved Glorious Decider Guy tonight I was struck by two things. I had to actually go to whitehouse ... , you would find it harder and more expensive to get credit. More businesses would close their doors, and millions of Americans could lose their jobs. Even if you have good credit history, it would [more...]

Date: 2008-09-25 03:45:32

How To Break Away From The Debt Prison, Forever!

By Tom Graneau Americans are plagued with personal financial problems ... finance is the most common platform for human errors. Many of us have purchased more “stuff” on credit ... . Mistakes are part of the developmental stages of life. We make errors in every segment [more...]

Date: 2009-01-16 18:03:11

Poll Finds Massive 'Whining' in Florida, Ohio

In a new survey, Health Care and the Economy in Two Swing States: A Look at Ohio and Florida, National Public Radio, the Henry J ... . There's the collapse of the housing market and the decline in home values. Also, a credit crunch ... % Problems paying for food: 24% Problems with credit card/other personal debt: 23% Problems paying [more...]

Date: 2008-07-16 18:10:08

Jindal: Never Vetted for VP

Jindal: Never Vetted for VP Louisiana Gov. Bobby Jindal. Photo by Pat Semansky/Getty Images Louisiana Gov. Bobby Jindal, who has emerged as one of the hottest names in national Republican circles since John McCain's defeat last week, was never vetted as a vice presidential pick, according to sources close to the Pelican State chief executive [more...]

Date: 2008-11-10 16:18:33

Words To Give You Pause On Today’s Economy

Words that give me pause: Now let me tell you something very simple and very important: ... is in the credit markets, which are quickly freezing. I won’t bore you with technical indicators like Libor ... , as I have, they report that the money markets are in worse shape than they were last August, or even during [more...]

Date: 2008-09-26 06:51:28

The Meltdown is Upon Us…Now What?

You MUST survive. That does not mean you hide. The crash is upon us. We are in the middle of it ... . I agree with Gregor here and it’s what makes buying this dip horrifying. This credit crisis ... these late ‘SUPERDUMB’ and now I have to question my own judgement. Gold should be absolutley screaming [more...]

Date: 2008-10-06 03:01:32

25 Handy iPhone Apps for Businesspeople

More than 550 iPhone apps currently populate the iPhone store, and the number is constantly growing. The challenge lies not in acquiring apps, but in finding the ones relevant to your needs. Here’s a quick-n-dirty list of some key iPhone apps for small business owners, corporate employees, and everyone in between (In no particular order [more...]

Date: 2008-09-03 19:34:37

Following the money

rdanThe NYT describes the beginning role of the committee and chairman Elizabeth Warren to follow the money, in addition to GAO report....“You can’t just say, ‘Credit isn’t moving through the system,’ ” she said in her first public ... she said. “You cannot repair this economy if you can’t repair those families, and I’m not sure [more...]

Date: 2008-12-04 11:31:00

Foxes Guard Hen House-Make Out Like Bandits. NYTimes article pinpoints root of derivatives Big Me$$?

This important article points out that Paulson and Cox were indeed part of the problems which created the Big $hit Pile and the Big Me$$ ... letter suggests this was broached prior to this meeting, since Bole comments on the possible dangers ... , about the 10/3 front page New York Times report. The vote was unanimous to allow the Big Investment [more...]

Date: 2008-10-05 03:14:52

Transcript: President George W. Bush Final Press Conference - January 12, 2009

(Source: White House Press Office) 9:17 A.M. EST THE PRESIDENT: Thank you. Tapper. We have been through a lot together. As I look through the room, I see Jake, Mike, Herman, Ann Compton. Just seemed like yesterday that — that I was on the campaign trail and you were analyzing my speeches and my policies [more...]

Date: 2009-01-12 20:41:57

The Ups and Downs of Buying a Home

Pretty soon this will be our yard! We’ve been on the home buying roller coaster for almost a month now, ... .  We meet my dad at the house and tour the inside.  It’s in bad shape, but we like the lot ... the numbers, checks our credit, and determines that we should have no trouble qualifying.  That night [more...]

Date: 2008-07-24 11:00:15

NO2ID Newsletter 101

++ MAKING CONNECTIONS ++ 14 leading figures in the UK aviation industry have spoken out against the ID scheme. In a strongly worded letter to the Home Secretary, they express their "determined opposition" and highlight that enrolment on the National ID Scheme will provide "no additional security" - indeed it risks creating a " [more...]

Date: 2008-07-03 00:00:01

Jobs, Downgrades, Foreclosures Oh My...

A: Umm, who was it that keeps saying this stuff doesn't matter; the fed will bail us all out, don't fight the fed! Yea, right! ... , "Analyzing The REAL Jobs Report")! Nevertheless, the 0.5% jump will cause a headline shock ... with this report is that perhaps the adjustment due to the surge in 'youngens' entering the work force. As we talk [more...]

Date: 2008-06-06 16:01:40

Nobody Thinks It’s A Real Recovery In California

USA Today reports from California. “Ramona Garcia of Corona, Calif., says she did everything she could to ease the effects of her foreclosure on her young children. Garcia and her husband, Dominic, both real estate agents, saw their business crash as the local housing market toppled [more...]

Date: 2008-07-09 22:40:23

The Rich And Famous Are Joining The Joe Six-Packs

The Press Democrat reports from California. “After selling just 16 homes in an entire year, Standard Pacific Homes is tired of waiting for a housing turnaround and aims to auction off the rest of its Santa Rosa subdivision in a single day. Today’s auction of 17 homes at Avondale is different in one respect: [more...]

Date: 2008-06-08 17:18:19

The Data is Stacking Against Us

Yesterday was a very cool day! It’s not every day that you get the first interview with the President of Anheuser Busch since they merged with InBev, not to mention interviews with the Blockbuster CEO, the Chairman and CEO of American Electric Power, Philadelphia Mayor Michael Nutter and Pennsylvania Senator Arlen Specter [more...]

Date: 2008-12-04 13:45:49

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