Fantasia’s House Auctioned Off Today!!
Posted by Bossip Staff Fantasia Barrino is losing her million dollar home while this article is being written up about her, and reports are saying she is in denial: CHARLOTTE, NC - Fantasia Barrino - who faces ... winner owes a Florida credit company $65,000 - money she borrowed in 2006 to pay back taxes she owed [more...]
Date: 2009-01-07 14:42:47
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Tales from Bailout Nation
So what’s it called when lending institutions make loans to people without the necessary collateral or cash flow to pay off the loan? Of course, we all know that this is called a “sub-prime loan”.So what has GMAC, the “financing ... have thrown at them:The New York Times reports that GMAC has begun making loans to borrowers with credit [more...]
Date: 2009-01-10 00:59:00
Episode 5007 (1/14/2009)
Hey, I don’t pay my taxes; why can’t I be treasury secretary? This is The Colbert Report! ... him his own ass.” Guest- Alan Khazei In closing: “Well, that’s it for The Report, everybody. Remember ... get not one, but two sets billed to your credit card. Goodnight everybody!” Video Highlight: P.K. [more...]
Date: 2009-01-16 03:20:16
building sights
For some reason I've been paying more attention to building sites recently. Three in particular ... the credit crunch struck and the whole project ground to a halt. 2955099678_4eae68f920 I'm not quite clear who owns it now, and if anyone's got the money to develop it. Reports are confusing [more...]
Date: 2009-01-16 17:41:03
Become A Cop, Get A Foreclosed Home
Last week, Luke Mullins of U.S. News & World Report wrote a piece entitled “County Considers Handing Out Foreclosures to Its Police Officers ... for at least 15 years and an agreement to pay taxes, utilities and upkeep, an officer could ... will for doing this,” and possibly a credit on Fulton County taxes . . . The $2,500 down payment would [more...]
Date: 2009-01-17 05:04:43
Is Obama Lazy? Proof?
Rick Moran, American Thinker, 3/7/09 All we’re getting is whispers from the press, of course, A raised eyebrow here, a sad shake of the head there. But the picture that is emerging of Barack Obama, the executive, is not very flattering if you look between the lines. Jennifer Rubin: Well, it’s becoming obvious he’s not really much of a manager, decider, legislation-craftsman, or supervisor. His vetting process is in shambles and key Treasury slots are still vacant. [more...]
Date: 2009-09-30 22:12:35
The Road to Zimbabwe
By Terry Coxon, Editor, The Casey Report GoldSeek.com Sprinkled among all the official talk about efforts to end the current recession, you’ll hear assurances, notably from Federal Reserve Chairman Ben Bernanke, that when the economy does revive, it won’t be allowed to blast off into runaway inflation. The Fed, we’re being promised, will prevent such a launch by reabsorbing the hundreds of billions of dollars of excess liquidity it recently created to halt the credit crisis. [more...]
Date: 2009-09-30 12:40:48
Açaí: Examining the Environmental Impact and Worker’s Conditions
Photo credit: iateapie It’s amazing to see just how much power some celebrities hold over the masses. They can create the latest trends and sway public opinion with just a few sentences. In the case of Oprah and her sidekick Dr. Oz, turning açaí berries from a Brazilian food into a household name was simple. Background Information Açaí (pronounced ah-sah-ee) berries are the small, dark purple fruit of a type of palm tree that grows primarily in the Brazilian rain forest. [more...]
Date: 2009-09-29 20:40:42
Distressed For Sale
While buying and selling regular homes might provide you with a limited profit margin, it is in buying distressed homes, rehabbing them and then selling them off, which can provide you with a very high margin. This specialized niche will require you to develop an extensive network of information of sellers and buyers and thorough legal knowledge to ensure that you do not get stuck with a desirable property at an undesirable rate or get caught in a legal wrangle after you have purchased it. [more...]
Date: 2009-09-30 10:22:22
QuickBooks Pro 2009 3 User
Amazon. com Product Description Small business accounting software that makes accounting easy with tools to organize your finances all in one place. Track sales & expenses. Click to enlarge. Reduce data entry by downloading your bank & credit card transactions into QuickBooks. Click to enlarge. Create purchase orders. Click to enlarge. Generate reports with one click to see how your business is doing. Click to enlarge. [more...]
Date: 2009-09-29 23:40:46
Hispanic y Latino News/Info :: September 30th, 2009 :: 5 Minutes to Empowerment
Essentials --» Jose Hernandez tweeting from space bilingually – follow him – cool! :: from twitter.com Dispelling bias against Latinos – Complicating and confounding efforts to reform the country’s immigration laws are widespread portrayals of Mexican immigrants as a threat to national culture and unity :: from www.recordnet.com The foreclosure crisis has brought a particular set of issues to Latino immigrants in the Kansas City area. [more...]
Date: 2009-09-30 18:59:08
Primary Care Is Being Crushed By A Paper Weight
Ever wonder why your physician only spends 5-10 rushed minutes with you during your office visit? You may think it’s because there are simply too many patients vying for her time, but that’s not the real reason. The root cause is that health insurance companies are stealing time from your visit by requiring excessive documentation from your doctor. She can’t give you the time you need, because doing so would put her out of business. [more...]
Date: 2009-09-30 01:23:26
Money Markets are the New Suspenders
This is a guest contribution from Precision Capital Management . The Financial Times recently reported on the Fed’s latest exit strategy to eventually contain the inflation zombie: During the crisis, the Fed created roughly $800bn of additional bank reserves to finance asset purchases and loans. This total is likely to rise in the coming months as the central bank completes its asset purchases and the Treasury unwinds financing it provided to the Fed. [more...]
Date: 2009-09-30 10:20:01
Restore Your FICO Score – Part Three
In the previous parts of this article we discussed how FICO score can impact your financial status as well as the initial steps that you can take to begin restoring your FICO score. We covered handling collections first since they do have a big impact on your overall score, but there are a few other ways that you can quickly see a big jump in your score. After you have the collections on your account either settled or verified, double check to make sure that they were removed from your credit report. [more...]
Date: 2009-09-29 23:17:33
Wall Street Breakfast: Must-Know News
CIT on the brink. Sources say CIT Group ( CIT ) is preparing a sweeping exchange offer that would eliminate 30-40% of its $30B in debt, giving bondholders new debt with a later maturity, and nearly all the equity in a restructured CIT. The plan is likely to be more attractive to bondholders with near-term debt, and some insiders say competing bondholder interests are likely to thwart any deal and send CIT to bankruptcy court. CIT -24% premarket. IMF turns optimistic. [more...]
Date: 2009-09-30 11:20:04
How Debt Management Programs Affect Your Credit Score
Thoughts on managing debt wisely with debt management programs. How do these programs affect your Equifax credit report and score ? I have been a financial counselor for over two years, and here’s one question I often receive from clients: if I implement your debt management program, how will this affect my credit score? People ask this because they wonder whether getting outside assistance to handle their debt could potentially be a strike against their credit. Well, my response is simple. [more...]
Date: 2009-09-30 08:14:35
OIL’s well, that starts well!
Vitality shows in not only the ability to persist but the ability to start over. The opening moments will be dominated more by Oil India’s listing. The market will be keen to see how the stock behaves after a tepid debut for Adani Power and NHPC. We expect another positive start though Asian stock markets are mixed after overnight losses on Wall Street. [more...]
Date: 2009-09-30 04:01:00
The Reality of Prepaid Credit Cards
by Pedro Turriago Prepaid credit cards are great for those who find it difficult to control their spending habits. They have a limit imposed by the cardholder that is solely determined by how much money they load onto it. If the person does not have money to load onto the card, then they wont be able to use the card. In short, by the time a prepaid card is used, the bill is already paid. Its probably the best type of credit card available for people who want to stay out of debt. [more...]
Date: 2009-09-30 11:13:28
Consumer Focused Carnival of Real Estate
September 30th, 2009 The guidelines for this carnival . As always, I arranged the entries that met guidelines into three levels, based upon originality, usefulness to the consumer, and how much thought and effort and research went into an entry. STRONGLY RECOMMENDED We have an Editor's Choice! Four Pillars talks about Pocket Listings . A pocket listing is where the listing agent keeps the listing "in his pocket" rather than putting it on MLS. [more...]
Date: 2009-09-30 13:50:49
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 Crisis Sequel, Global Bank Bailout, Emerging Markets Still a Buy?, Gas Wars and More!
by Addison Wiggin & Ian Mathias Ghosts of the fourth quarter haunt global financials… so begins the second act of the credit saga Even the ... -Ukraine gas dispute not yet over… a reader provides firsthand account And… action ... $30 billion to stay afloat, analysts at Morgan Stanley predicted today. According to Morgan’s report [more...]
Date: 2009-01-14 07:36:46
US Vehicle Miles Traveled Drop 3.7% In May; Experts Think Could Possibly Be Related To Higher Gas Prices Or Something [I Feel Gassy]
According to a report from the U.S. Federal Highway Administration, Americans drove 3.7% less in May 2008 than in May 2007 ... : With less fuel usage, gas taxes alone won't pay for desperately needed roadwork and bridge repair ... like it then just swim your ass back to Russia, ya commie. Green Car Congress; Photo Credit: Free-StockPhotos.com [more...]
Date: 2008-07-29 13:40:00
Fixing Credit Report - The Good… The Bad… And The Truth
by Tim Beachum Obviously you are interested in the topic of fixing credit. No matter what your reasons are for wanting to repair your credit, the benefits are well worth it. Depending on your situation you can lower your monthly bills, open a bank account, get better rates on loans, the possibilities are endless. Before I begin explaining the fixing credit process, I feel it is important that you have the right mindset before we begin. [more...]
Date: 2009-09-30 08:14:45
Need Info About Credit Cards – Read this Publication
When you are looking for a credit card offer you probably want something that will correspond to your needs, not something that is most advertised and popular. Different people have different lifestyles and spending habits, and they want different credit cards which will help in various life situations. If you like travelling or if you just travel a lot make sure you find a credit card offer that provides special bonuses which will considerably enhance your journeys. [more...]
Date: 2009-09-30 10:17:59
Great Advice!
Identity Theft is on the rise. The information in this post that I recieved by email has nothing to do with saving money, however, my hope is that this great advise will save you a lot of time and trouble. .1. Do not sign the back of your credit cards. Instead, put 'PHOTO ID REQUIRED.'. 2. When you are writing checks to pay on your credit card accounts, DO NOT put the complete account number on the 'For' line. Instead, just put the last four numbers. [more...]
Date: 2009-09-30 11:47:00
Don't follow Japanese example - stocks are NOT cheap
Thousands of Japanese households are pouring their savings into stocks and other risky investments. It is the last stance of greed. Easy money ... % and corporate bonds may turn out as junk. We are looking at a fundamental shift not only how credit ... , mortgages, credit cards, car loans, etc. Debt is what you are ultimately responsible [more...]
Date: 2008-11-07 15:12:21
Chasing A Moving Target
A: A post for the sellers out there after getting some calls recently about this topic. If I had one piece of advice to Manhattan sellers, especially those who own properties that have few special resale features to offer (amazing park or river views, large outdoor space, fireplace, roof rights, amazing location, etc..) [more...]
Date: 2008-12-11 14:25:31
Avoid the Freshman Financial Fifteen
College students have a lot to deal with: New classes, new surroundings, new friends, and adjusting to a new lifestyle away from home. It’s easy to get wrapped up in the college scene and forget to take care of your finances, but making good decisions early will pay dividends later. Here are fifteen financial missteps often made by college students and strategies to avoid them. [more...]
Date: 2009-09-30 15:10:57
This is what a ‘Work Horse’ does
In the midst of an economic crisis of historic dimensions and increasing urgency — as new President-Elect Obama surrounds himself with a swarm of ... this national emergency lest his new Hope-Change Adminstration be deprived of any credit…. Senator Hillary ... today called for a comprehensive new stimulus package to jump start the ailing economy. In a lett [more...]
Date: 2008-11-12 20:27:20
Reinventing America
America faces serious challenges to maintain its storied status quo. Hurdles include a sinking economy, wars in Iraq and Afghanistan, the rising cost of education, global warming, a crumbling infrastructure and American workers with uncertain futures. Trendwatchers are more acutely aware of these issues than most, but they’re also more hopeful [more...]
Date: 2009-01-13 09:40:59
Should GE be a AAA company," I said "GE Capital isn't even a bank. The FDIC only deals with depositary institutions. Are you kidding me? The US Government is obviously willing to do anything to bail out financial institutions at this point. Forget rules and regulations. Just give them the money." The first statement is actually not correct [more...]
Date: 2008-11-13 12:07:25
Ethics cloud still hangs over Rangel
A herd of tax reporters trails Charles B. Rangel everywhere he goes these days, like a team of pilot fish feasting on whatever morsels the raspy, ... my ability to get the job done.” Rangel endured a lot of bad news last year, beginning with a series of reports that he paid reduced rent for a campaign office and personal office in the Harlem [more...]
Date: 2009-01-15 09:39:06
What to do now there’s no jobs
Submit this story to: TwitterDiggGoogle BookmarkStumbleUponDel.icio.usTechnoratiHuggReddit Marese: don’t be a sheep! I volunteered to work on a farm because there was no chance of a job in my part of America after I graduated. In the 1950s, 20-somethings went on a European tour. In the 1960s we dropped out. In the 1970s we protested, and in the 1980s we got a job. The 1980s then stayed with us right up until the credit crunch. [more...]
Date: 2009-09-30 10:28:02
If It Stops Moving, Subsidize It
Naturally, now that government plans to intervene in the economy with a massive stimulus package, everyone wants their “fair” share. Robert D ... that wouldn’t be there otherwise. A new report by the Information Technology and Innovation ... grid. And a Silicon Valley petition calls for a tax credit for companies that spend more than 80 [more...]
Date: 2009-01-06 03:15:11
Credit Repair Company
by Brent Hansen Bad credit history can bar one from getting a job, getting a loan, obtaining a lease or even in securing credit. Several people look for ways through which they can repair their credit in order to obtain or secure the credit they are looking for. This is because most of the lenders consider the credit history to be accurate and the best means that can help in judging an individual especially for prompt payments. [more...]
Date: 2009-09-30 12:07:14
A cat fight at the Fed
Apparently they're not all singing from the same hymn book these days over at the Federal Reserve as Philly Fed President Charles Plosser has broken ... , if the world does avoid another Great Depression, what will it look like? This report at MarketWatch tells ... in its efforts to restore the credit markets to health but has stopped offsetting the [more...]
Date: 2009-01-15 07:02:38
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
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
Sean Fitzpatrick [formerly] of Anglo Irish Bank… the gift that never stops giving.
First there was this… ….called on the Government to reduce corporation tax and tackle the “sacred cow” of universal child benefit, ... is substantially higher than in the 2007 report because in prior years I had temporarily transferred ... in a climate of public sector pay cuts and news that carers allowances are to be cut, his heartfelt [more...]
Date: 2009-01-14 07:21:32
Blackwater CEO Lights Pants on Fire in WSJ Op-Ed
Blackwater CEO Erik Prince's op-ed in the Wall Street Journal is so full of spin, sugar-coating, and quarter-truths, ... writes in Licensed to Kill: Hired Guns in the War on Terror. "He ran up credit card debt and worked day jobs, such as managing his father-in-law's flower shops and funeral parlor, to pay for martial arts [more...]
Date: 2008-12-17 19:14:15
Bailout Scorecard: Giving Thanks
The bailouts keep on coming. The Federal Reserve is busy introducing plans to support the asset-backed securities market, ... that their off-balance sheet funds held scores of bad debts, and they wanted to find a way to offload ... , for the betterment of everyone. Bear Stearns After the company’s stock slumped and its credit-default swaps [more...]
Date: 2008-11-26 10:42:00
Getting Real: Hope is not a Strategy
Reality hit our company, Logo Design Guru in the 4th quarter, and clearly, logos and websites are not immune to some recessional affects also ... cash, which is critical. Go through your P&L report item by item, and start eliminating any unnecessary expenses. Be sure to review your credit card statements. I can almost guarantee you’ll find [more...]
Date: 2009-01-18 04:51:38
Is the Prospect of Stimulus De-Stimulating?
Yesterday’s front page story in the Washington Post mentions the skepticism many policymakers and economists–even those from the President-elect’s ... . John F. Kerry (Mass.) and other Democrats object to a proposed $3,000 tax credit to corporations for each job they create or save, saying the credit would be ripe for abuse and difficult to administer [more...]
Date: 2009-01-12 21:01:08
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
Niall Ferguson's "The Lessons of Detroit"
Here's an excerpt from Harvard financial historian Niall Ferguson's massive Vanity Fair article explaining it all: "Wall Street Lays Another Egg:" ... their homes as cash machines, converting their existing equity into cash and using the proceeds to pay off credit-card debts, carry out renovations, or buy new consumer durables. However, the [more...]
Date: 2008-11-07 12:06:22
A Broken Financial World
Our leaders have framed the problem as a “crisis of confidence” but what they actually seem to mean is “please pay no attention to the problems we ... other than what he said he was doing. In his devastatingly persuasive 17-page letter to the S.E.C. ... Scheme.” Which, as we now know, it was. Harry Markopolos sent his report to the S.E.C. on Nov [more...]
Date: 2009-01-04 13:44:31
Tax or No Tax?
The good news: nearly 50% of American households (47%, to be precise) won’t pay any federal income tax in 2009. The bad news: the remaining 50% (or so) will have to foot the bill for everyone. You can thank (or blame) the new economic recovery package for bumping the percentage of taxpayers who won’t be paying a wee bit higher (about 10%). But don’t just start pointing fingers at the working poor. [more...]
Date: 2009-09-30 20:42:30
The Economist on deflation
Like many others in recent months, another anonymous economist at The Economist makes the same mistake of confusing 1990s Japan-style deflation with ... their behavior? According to this report, apparently so: A commodity-led fall in inflation ought ... make debt more expensive, indebted households would be more anxious to pay off loans, even as other [more...]
Date: 2008-11-15 17:01:15
Failure to Govern
From Mina Kimes at Fortune: Experts are divided over whether the municipal default rate, which is historically just 0 ... by much, but he argues that the credit stress facing issuers is an overriding concern to investors ... , according to data from Thomson Reuters… The market for municipal credit protection has “quite literally [more...]
Date: 2009-01-09 17:00:30
Gates of Vienna News Feed 11/12/2008
Some headlines to look at:“Muslim Killed Catholic Girl in Love With Flatmate”“London Fundraisers Linked to Stoning of 13-Year-Old”“Possibly Tens of Thousands of Somalis in the US Illegally”“New Anti-Christian Attack in Mosul, Two Sisters Killed”But then there’s this:“Denmark: Ready to Ban Headscarves for Judges”So it’s not all bad news.Thanks [more...]
Date: 2008-11-13 04:52:00
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