1-8-2009 (Thu Morning) Fin. & Econ. Activity

U.S. stocks slid for a second day after retailers from Wal-Mart Stores Inc. to Macy’s Inc ... ;>>China has bought more than $1 trillion of American debt, but as the global downturn ... of its entire economic output buying foreign debt, mostly American. In September, it surpassed Japan [more...]

Date: 2009-01-08 07:47:53

Blog posts (170) | Videos (9)
 

Debt Settlement – When You Should Talk to a Professional For Debt Relief

Are you one of the several thousands of Americans in debt? Do you owe hundreds or even thousands in credit card debt? If you are one of these individuals who are struggling to fix their finances, you are probably bombarded with a lot of information on the available debt relief services.Last 5 posts by How To Easily Own A Membership Site - September 25th, 2009The "Give-To-Get" Principle - September 25th, 2009If 90% of Internet Marketers Fail How is Success Possible to Achieve? [more...]

Date: 2009-09-25 06:01:23

Indian Debt Collectors Feel Sorry for Americans

Debt collection of American consumers is one of the fastest-growing sectors in Indian outsourcing. "It's like people are totally drowning," said collector Omkar Gadgil, 24, who goes by the alias [more...]

Date: 2008-10-15 13:01:22

Debt Management Services - A Closer Look

A common misconception regarding the problems associated with overextending ones finances is that it’s the result of easy credit ... Americans are currently living under the weight of high credit card debt. The average American has about $7,000 in credit card debt and it’s growing every year. However, what may be even [more...]

Date: 2009-01-03 14:26:55

How Can We Save Our Debt-Swamped Government? [Your Government]

The United States is $10.2 trillion in debt. Like countless Americans, ... in debt and I only make $2.5 trillion per year, and now this Bernanke jerk put me on the hook ... all my stuff. Please, what can I do? Calm down, Jim. You too can escape from debt by following a few basic [more...]

Date: 2008-10-11 22:00:00

Complaints About Bill Collectors Rocket as Debt Collectors Get Tough

A story by CNN today makes my article on How to Hide From Debt Collection, the Debt Collector and Creditors even more timely ... number of Americans who took on more debt than they could handle during the free-spending, easy-credit ... . After several years in which Americans were buying stuff on credit they couldn’t afford [more...]

Date: 2008-10-30 22:40:33

Debt Relief

Are in debt over your head? Unfortunately, most Americans are and the bad economy right now isn’t helping them get out of debt any quicker! ... for you, they also have other solutions, such as credit counseling, debt consolidation, bankruptcy and credit card monthly payments. You will pay significantly less, though, if you’re able to take advantage [more...]

Date: 2008-11-14 19:53:21

Let’s Look at the Issues: Consumer spending

What does Nobel laureate economist Paul Krugman have to say about the recent decline in consumer spending? ... been below 2 percent — sometimes it has even been negative — and consumer debt has risen to 98 percent ... Americans were offsetting their growing debt with the ever-rising values of their homes and stock [more...]

Date: 2008-10-31 12:34:33

This is Not Good

The International Herald Tribune is reporting that China is slowing down on its purchases of U.S. Debt Instruments.China has bought more than $1 trillion in American debt, but as the global downturn ... on the world economy.At first glance, the declining Chinese appetite for U.S. debt - apparent in a series [more...]

Date: 2009-01-08 17:08:57

In This Failing Economy A Multitude Of Business Owners Are Searching For Fresh Marketplaces In Which To Do Business

This terrible financial system is leaving a lot of people that were in business looking for a new means of income ... particularly credit card debt. The standard American family has somewhere around ten thousand or more in debt ... . In particular the debt settlement industry Some people would question why get into this market. Well [more...]

Date: 2008-11-29 04:11:23

2008 Bailouts Exceeds Combined Costs of All Major U.S. Wars

Yes I know, I know that Barack Obama has more bailouts to add to the already growing list ... out our children and grandchildren and maybe greatgrandchildren will end up paying the debt that is left ... the American people about the debt that Iraq will leave for our children, well they need to start [more...]

Date: 2009-01-10 18:36:28

Medical Expenses A Common Cause Of Bankruptcy

The following guest post was submitted by Kevin, web content writer for Resqdebt.com. For more helpful tips on how to save money and stay out of debt, visit Resqdebt’s website at www.resqdebt.com . When Americans think of a person trapped in enormous amounts of debt, inevitably they think of irresponsibility. They think of fast cars and fancy stereo equipment. They think of people living the high life who could not afford it. In short, they think of a deadbeat. [more...]

Date: 2009-09-25 10:00:13

Tired of Living with Debt?

We all know that most Americans are tied up with debts especially upcoming holiday is fast approaching and we cannot avoid to use the credit cards ... and approachable. Debt Settlement is what you need to be free from any hassle of debts. Everything [more...]

Date: 2008-12-19 23:09:28

Barack Obama's term has already ended

This blog deals in hard facts and not the chiming in of Henry Kissinger on New World Order Obama nor the xylophone of planking media types whose ... whose main concern in life is to gather funds for the financiers, in debt nations to bankruptcy ... drain bleeding out more American funds.China will be incapable of buying debt as her economy [more...]

Date: 2009-01-09 05:11:00

What Are The Major Benefits Of A Credit Card Debt Settlement Program?

45th Street, Manhattan, New York City Image via Wikipedia Debt Settlement is becoming one of the best systems for consumers to reach debt ... settlement as a means to get out of debt is due to the hard economic predicament we are currently going ... debt is something that can seriously weigh down on Americans monthly finances, and debt settlement [more...]

Date: 2008-11-11 19:51:57

Debt Management

As their tagline claims, they offer debt solutions not loans. I am referring to American Debt Consolidation Resources where the burdensome kinds of experience in managing like for example of your credit card debt is outdated.  Well, things happen [more...]

Date: 2008-12-01 22:34:35

Dealing with Credit Card Debt in a Tough Economic Environment

Nearly every American has credit card debt. Some is excessive and some is not, but according to recent news, ... you get your credit card debt under control. There are two kinds of credit counseling services, for profit ... the average debt owed to credit card companies is ten thousand dollars. Of course, you could [more...]

Date: 2009-01-03 00:24:15

Consolidate credit card debt with debt consolidation - Loan Modification not the answer

Amazon.de Widgets Consolidate credit card debt with debt consolidationThe move by the FTC comes as federal and state officials plan to expand a crackdown on mortgage-related scams to other schemes that prey on debt-ridden consumers.. Try Credit card debt consolidationCan’t Pay Your Bills? You’re not alone. Today, millions of Americans are having difficulty paying their debts. Most of those in financial distress are middle-income families with jobs who want to pay off what they owe. [more...]

Date: 2009-09-23 18:54:41

Rep Wants To Show AIG Love

Continuing to rehabilitate his formerly tarnished image, Maurice ”Hank” Greenberg has been peddling a proposal to restructure the debt of American International Group (AIG) . Despite what would seem like an inhospitable climate for a nakedly self-serving initiative, Greenberg has gained some traction with Congress. Greenberg met with Rep.. Edolphus Towns, the chairman of the House Oversight and Government Reform committee, to pitch his proposal for resetting AIG’s debt. [more...]

Date: 2009-09-21 15:28:18

Credit card companies greedy plans have thrown them into the ringer

It is astounding how ugly the situation is getting in the American economy.  It appears like every week there is a fresh scam or another huge financial institution or bank needing capital.  This is making most consumers very frightened and has almost made every market seize up.  Unfortunately I don’t feel we have yet to endure the worse of what may happen.  There is another timebomb waiting to explode that has yet too really hit home and that is the unsecured debt crisis.  Each month more Americans [more...]

Date: 2009-09-24 14:47:25

How trust worthy is American Debt Settlement Group?

I talked to someone from that group with the address 7590 E Gray Road Scottsdale, AZ 85260 I want to know can I trust these people do help settle my credit card debt? How do I know it's not a scam? Stay away from any "debt consolidation" company that promises to cut your debt in half through debt settlement….This is a risky tactic of deliberately ceasing all payments to creditors and forcing your accounts into default to attempt settlements. [more...]

Date: 2009-05-21 23:36:18

Is this what we call change?

USA Today reports that many states despite shortfalls in revenues due to the recession and decreased property taxes are still spending like it was 1999: Last week, President-elect Barack Obama promised “immediate relief” to “help struggling ... money to go around.  While inflation is currently not a concern, it will be as American debt [more...]

Date: 2009-01-15 13:57:32

U.S. Debt Consolidtion Company - Right Place To Consolidate Your Credit Card Debt

Amazon.de Widgets Credit card debt is something that over 47 meg Americans are currently experiencing. There has never been a time where so many people are in debt and creditors of unsafe debt are becoming rattling worried most collecting. Delinquent accounts are increasing at unprecedented rates and creditors are thence agreeing to rattling generous debt consolidation in order to collect at least a small proportionality of their money. [more...]

Date: 2009-09-18 11:12:16

Latin American integration — an alternative to capitalist crisis?

Posted by dandelionsalad on November 2, 2008 Dandelion Salad Posted with permission from Green Left Weekly by Eric Toussaint translated by Federico ... Links, Links. Toussaint is from the Committee for the Abolition of Third World Debt. Other speakers ... repayment of their foreign debt, principally to North American and Western European bankers [more...]

Date: 2008-11-02 18:37:29

Learn about debt consolidation.

Debt consolidation alternatives can help you get out from under your overwhelming debt that so many Americans are feeling today and have been ... I know people who have just gotten out of credit card debt just a little while ago, and it was a struggle ... these hard times become easier. Their services include: # Reduce Balances up to 50% - Save [more...]

Date: 2008-12-18 01:57:44

Free Money Debt Grants

Debt grants help individuals and families get the financial aid they need without filing for personal bankruptcy or destroying their credit or just ... is that they typically lead to bad outcomes regardless. Dealing with a debt collector on your back, for example ... , just dig deeper holes. The typical American who is deep in debt will do one of several [more...]

Date: 2009-01-14 12:24:03

Debt Consolidation Companies

Debt Consolidation Companies Posted in January 2nd, 2009 Category: ... as a result of the critical financial conditions consumers find themselves in from heavy credit card debt and other unsecured loans. With approximately 80% of Americans in debt up to $10,000 [more...]

Date: 2009-01-02 10:11:36

Dealing With Third Party Debt Collectors

Currently, the American penal system doesn’t feature debtors’ prisons. We’re not living in Victorian times ... individuals from invasive debt collection practices. These include statutes of limitations, which say ... after the original lender has sold them to a collection agency. In states such as California, statutes [more...]

Date: 2008-07-03 13:13:03

National Debt Relief Stimulus Plan Fights Recession and Unemployment

The U.S. economy has lost 5.7 million jobs since the recession began in December 2007. This frightening loss, which heightening the $2.3 trillion consumer debt epidemic, incapacitated huddles of Americans to default on financial obligations to their creditors. Aiming to curb the unemployment crisis, DebtFreeLeague.com rolled out the National Debt Relief Stimulus Plan. The incredible debt reduction benefit couldn’t have arrived at a more opportunistic time. [more...]

Date: 2009-09-05 09:06:40

Treasury rejects credit card debt, only Wall Street debt matters

As much as I am against credit card debt, I'm fed up with the double standards of Paulson and Bush ... program that would allow as much as 40 percent of credit card debt to be forgiven for consumers ... . There are plenty of Americans who pushed debt onto credit cards because they were struggling [more...]

Date: 2008-11-14 01:05:01

Debt consolidation

As with most Americans there are few things as bad as being deep in debt ... card consolidation. I will need to get the payment on my credit cards back where I can afford to pay ... . Debt Consolidation is one option that I am looking at and I will need to make up my mind quickly [more...]

Date: 2009-01-08 01:39:30

Are Bailouts Fair?

Paul Solman of The Business Desk on the PBS website received a question from an individual wondering if government money wouldn’t better be spent to pay off all of the outstanding credit card debt of Americans.  While to some extent we’ve already got a system to handle out of control credit card debt - known as bankruptcy, the thought [more...]

Date: 2009-01-08 23:46:33

Debt Consolidation

No debt ..no worries. You live freely and comfortably without thinking debt that might reclaimed your own house ... . Wikipedia says debt consolidation loans is taking out one loan to pay off many others ... ? American debt consolidation resources is here to provide you the right way of consolidating [more...]

Date: 2008-12-09 02:50:09

"The $10 Trillion Hangover"...

You gotta read this...(Apologies and thanks to Harper's, etc.)The $10 Trillion Hangover: Paying the Price for Eight Years of BushBy Linda J ... , trade deficits, and debt have reached record levels. Unemployment and inflation ... , 5 million more Americans have no health insurance. Consumer debt has almost doubled, and nearly [more...]

Date: 2009-01-11 13:21:00

Depress

Here's an interesting picture showing the rate of unemployment now versus the much compared Great Depression of roughly eighty years ago ... in places like Cincinnati, where the erosion of the manufacturing base led to the elimination ... force, versus the debt laden, overspent Americans. The productivity increases of the economy over [more...]

Date: 2009-01-03 06:39:00

Allied Irish: Buyer Beware or Easy Money?

Allied Irish Banks PLC (AIB) is Ireland’s largest bank, and in the last two years the company’s shares have been on a relentless march downwards ... . The Celtic problem did not involve a low quality debt collateralization scheme, as Irish banks ... similarities between the American downturn and the Irish one, as household debt expanded greatly [more...]

Date: 2009-01-14 06:05:29

Corporate Greed: Opposition to Employee Free Choice Act

Pundits, journalists and even economists have strained to find the reasons for our nation’s economic meltdown, ... on their homes or piling up credit card debt for non-essentials, millions of Americans had no choice ... stumbling over tortured concepts like “structured investment vehicles” and “collateralized debt.” [more...]

Date: 2009-01-12 19:29:58

How Government Grant Relieves From Debt?

Americans have a superb advantage of the government grants. People may have financial problem sometime in life. And many people go for borrowings. In order to pay off those borrowings, they borrow some more money and likewise the debt starts piling up. But thanks to government grant programs that you can become debt free or at least reduce [more...]

Date: 2009-01-14 19:20:03

Resolving Debt Collection Issues With A Little Help

Have you done everything to just amicably settle and collect a debt already past due? ... friends! Calling in an attorney with extensive experience in debt collection may help you greatly ... , the American Collectors Association released a report indicating that third-party debt collection agencies [more...]

Date: 2009-01-07 15:00:00

Tired Of Being In Debt? Consolidating It Is A Solution

by John Brennan Especially in the economy these days, debt is piling up, mainly in the United States, ... and the average american owning 7-8 credit cards, Debt is becoming a household name for a country ... debt consolidation. The unfortunate thing is that chasing ideas beyond ones true capacity [more...]

Date: 2008-11-23 10:18:57

Repossessed Toys Are A Booming Business

The San Diego Union-Tribune is reporting The Economy is forcing many to let go of luxury toys ... repossessed by the Grantville company. Egley-Sparks' adjusters have hooked up and hauled away opulent motor ... in numbers never seen before," said Jones, who estimates that 2.25 million Americans sought debt [more...]

Date: 2008-08-25 05:10:38

U.S. household debt decreased

Yes, that headline is correct. U.S. household debt actually decreased in the third quarter of 2008—the first time it has happened since the ... our debt load every quarter of every year for over 50 years. I’m glad to see Americans can carry their debt. I hope your saving for a downpayment on a Boston condo. Wishful thinking? [more...]

Date: 2009-01-11 03:52:36

Americans Can't Live Without Their Cable TV

Tv Credit counselors have some advice for debt-ridden Americans: Cut the cable ... . "But they really aren't," Jeff Wise, president of Consumer Credit Counseling Service of Southern West ... ; and dismal consumer confidence, Wall Street analysts don't expect Comcast and competitive cable operators [more...]

Date: 2008-10-28 21:15:01

The Gasoline Tax And The Renaissance Of The Bicycle

With the rise of the US automobile industry, the bicycle almost disappeared as a means of transportation in America ... -guzzling ways." It's better to use the money for mortgage payments, credit card debt, or a rainy day ... American public roads in good repair. They determined that the deficit between revenue and expense [more...]

Date: 2009-01-02 00:31:42

Will they Request a Congressional Bailout?

How Soon Before AMI's CEO Mr. Pecker asks for a congressional bailout: National Enquirer Publisher Near Bankruptcy American Media Inc ... the debt, leaving the old shareholders with just 5 percent of the company. The bondholders ... . 1 deadline to make a $21 million interest payment on its $1.1 billion debt. The company has retained [more...]

Date: 2008-12-11 01:28:06

Has Deregulation Sired Fascism? By Paul Craig Roberts

Dandelion Salad By Paul Craig Roberts 09/24/08 “ICH” Remember the good old days when the economic threat was mere recession? ... growth and consumer incomes in China and Indonesia, not in Detroit and Cincinnati. In the 20th century ... , economic growth has resulted from debt expansion. Most Americans have experienced little, if any, income [more...]

Date: 2008-09-25 00:47:36

COMMENTARY -- Why Are The Media Protecting Geithner?

By Cliff Kincaid -- The Obama Transition Project says that Timothy Geithner, its Chinese-speaking Treasury Secretary nominee, made "honest mistakes" on his tax returns. This line comes from the same group that is telling us that a nearly $1 trillion "stimulus" bill taking us further into debt can be called the "American Recovery and Reinvestment [more...]

Date: 2009-01-15 13:35:32

Predicting 02009 in retrospect

Predicting 02009 in retrospect January 2nd, 02009 by Alexander Rose Stewart Brand sent me this excellent piece by past Seminar Speaker, ... correct at some point… “With total debt above 350 per cent of US gross domestic product ... , Americans simply could not stabilise the ratio of their debts to their disposable incomes. The paradox [more...]

Date: 2009-01-02 18:52:35

Scary: Obama’s “Economic Stimulus” Spending May Reach As High As $1 Trillion, Over 5% Of The GDP

To put that into perspective, American defense spending has averaged 5.5% of GDP over the last 45 years. NEW YORK (Reuters) ... is. And even if Obama comes out with legitimate tax relief, is blowing up our already exploded ... to do the same thing) but rather a lack of liquidity. Americans have a lot of debt, and credit pools [more...]

Date: 2008-12-14 19:15:18

Don’t Worry, Be Happy: Surviving the Financial Crisis?

Are you surviving the financial crisis? While the mainstream media seem more interested in spinning stories of foreclosures, ... a credit card balance, or like my wife and I, added a photovoltaic system to power our all-electric CitiCar ... Americans are exiting the debt-based economy, paying off credit cards, canceling car loans, paying [more...]

Date: 2008-11-20 04:12:42

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