TARP II Demands Real, Thorough Debate

On Monday, President Bush made a request on behalf of the incoming administration to release the second half of the $700 billion that Congress ... when we are just about to begin consideration of a $1 trillion stimulus plan. The last thing we need is more debt upon debt ... the federal government should help do that. But as we consider spending another [more...]

Date: 2009-01-15 19:20:26

Blog posts (28) | Videos (11)
 

Financial Freedom Awaits

Through this entire economic crisis in our country people tend to use credit cards and apply for loans so they can survive their own financial ... their earnings are debt consolidation companies that helps people manage their finances and consolidate ... . The government debt consolidation loans are great solution in consolidating various loans [more...]

Date: 2008-12-10 13:34:00

Use Government Grants and Scholarships to Rid Yourself of Debt and Bills!

The government has put a plan into place to help ease up the effects of the crisis on lower income families. The definition of lower income families may not be as low as most people think. If a family earns less than $30,000 a year, then they are eligible to apply for some of these grants. There are a number of grants that are available depending on your personal circumstances and there are also programs specifically designed to help various groups of people. [more...]

Date: 2009-09-18 12:52:18

College Students in Debt Find a Friend in MTV

Growing up as part of the MTV generation, I always thought of MTV as a source of entertainment that had an anti-establishment edge ... and government debt, and to promote action to help stop the fiscal crisis in the U.S.” How ... to educate college students about debt and financial responsibility. It may not be much help [more...]

Date: 2009-01-15 14:23:03

Starving the Unemployed

During the Bush administration, the federal debt ” nearly doubled,” going from $5.7 trillion to $10.6 trillion ... policy. Many denied that government could help, government is always the problem, never the solution ... of us were so worried about has now come to pass. Because of the high levels of government debt [more...]

Date: 2009-01-09 01:44:44

Next, the Minsk Revolutionary Tractor Works:

Britain:"Taxpayers to own part of small businessesStruggling small firms will be invited to sell a stake of their business to the tax-payer in return for the Government under-writing their debts, ministers will announce today.The "debt into equity" scheme is designed to help companies considered of key importance to the economy which are at risk [more...]

Date: 2009-01-14 07:37:00

Does more debt to beat the debt-crisis make sense?

Order my book online from this link The UK newspapers are full of a new $33 billion government-backed debt facility for small and medium ... that are already deep in debt is not going to help, or at least not for very long. Does it really ... expatriates. Debt does not solve debt problems However, there is a reluctance to get into directly [more...]

Date: 2009-01-15 05:17:25

U.K. Banks Weigh Debt Help

By CARRICK MOLLENKAMP and ALISTAIR MACDONALDU.K. banks could pursue a plan that would give faltering companies a way to offload bad debt in order to ... to exchange debt for equity, effectively bringing down debt-payment costs. The U.K. government ... a plan that is in its preliminary stages, these people said that U.K. banks -- possibly [more...]

Date: 2009-01-12 14:35:00

Foreign Central Banks Maintain Steady Agency Debt Selloff Pace

"Our inaction did not hamper credit markets — it helped to destroy them ... of the government guarantee on Agency Debt (now officially "effective"). This week a Bloomberg story 1 gives ... SFAS 140 and the QSPE off-balance-sheet deals they govern are supposed to constitute a risk [more...]

Date: 2008-10-31 07:05:02

Clip Job: Sing a Song, Sing It Loud...

Clip Job: Sing a Song, Sing It Loud... by Tony Ortega (6:00AM 11/28) Blogsgiving: How the Locals Gave Thanks by Roy Edroso (9:56PM 11/27) ... bailout plan to "help" consumers by luring them even deeper into debt in hopes that their overall debt ... , Paulson plans for the government to soak up a lot of bad consumer debt. But his emphasis so far [more...]

Date: 2008-11-28 15:41:38

Sunday morning links

TOP STORIES Talks Turn to Terms for Auto Aid - Washington Post Obama: Economy to get worse before it improves - AP "Car czar" ... - Bloomberg U.K. carmakers look to government for help - MarketWatch HOUSING Maybe It's Time to Buy ... Debt Watchdogs: Tamed or Caught Napping? - NY Times More "world coordination" on rates needed [more...]

Date: 2008-12-07 15:55:53

Debt Consolidation with Free Government Grants? One Scam to Avoid

Have you ever seen a commercial or an ad promising “free government grant money? ... can be used for anything, including debt consolidation , student loans, a yacht or just about any ... s doubtful that you’ll find an organization that’s interested in helping you pay off your Mastercard bill [more...]

Date: 2009-01-14 13:23:22

Despite The "Sudden Stop" Kazakhstan Won't Be Calling On The IMF For Help

"The Kazakh government is ready to step in,'' Kazakhstan's Prime Minister Karim Masimov said this morning in a telephone interview with Bloomberg " ... . And isn't it the case that the cost of protecting Kazakhstan government debt against default [more...]

Date: 2008-10-21 10:18:00

Meirelles Surprising Remarks Increase Odds of Interest-Rate Cut

A plan outlined last night by Banco Central Brasil President Henrique Meirelles to ready $20 billion in funds to help local companies refinance maturing debt overseas indicates that corporate liquidity problems will probably persist ... in November that the government will use any sources of money at hand (even international reserves) to help [more...]

Date: 2009-01-15 17:12:28

Ireland Won’t Be Going To The IMF

This is very reassuring news. I slept a lot better last night after reading it ... will need IMF financing, after an Irish broadcaster reported that the country may need IMF help ... will default on its sovereign debt, jumped close to record highs before Dublin’s denial. The government [more...]

Date: 2009-01-15 07:44:58

We're Nowhere Near a Bottom in Housing

From this week's Barron's:I agree with a lot of what Bill says. The economy is experiencing a rain delay. Nothing is going to happen for a while. Although the government's spending efforts will help, they won't be enough to cure the two ... is at multi-decade highs.On top of that total household debt is $13.9 trillion (which is about the same size [more...]

Date: 2009-01-12 15:30:00

11.22.08: Gas Wars

Last week GM — once one of the largest, most powerful companies in the whole world — went begging for a government bailout, ... debt that the prospect of bailing out all these entitled knuckleheads seems less and less do-able ... to help these guys? They could give a shit about us! I feel bad for the working stiffs [more...]

Date: 2008-11-24 22:29:48

Businesses offered credit lifeline

Businesses offered credit lifeline Posted by:europe 12 minutes ago • Discuss The government will help small and medium-sized businesses ... refinance up to 20 billion pounds of debt under a new scheme to stop cash-starved firms going bust in the country's first recession since 19 Tags businesses offered credit [more...]

Date: 2009-01-14 21:36:52

Cash for Clunkers: Now the United States Wants to Buy Your Car

Congress is considering a new program called Cash for Clunkers ... , but the catch is that they either won’t be new, or buyers will have to go into debt to get them. I’ ... stimulus incentives. People will get rid of their gas guzzlers without government help when gas prices [more...]

Date: 2009-01-15 17:35:07

On the bank bailouts: One angry taxpayer

[ Demonstrators from 'DC Jobs for Justice' rally against the 700 billion dollar bailout outside the US Capitol Building in Washington, DC, October 1, 2008. The US Senate passed a new 700-billion-dollar bailout of the debt-stricken financial system ... and pay our bills. Butch Murden, Irving I need real help, not stimulus Once the government [more...]

Date: 2008-12-30 00:13:59

Despite The "Sudden Stop" Kazakhstan Won't Be Calling On The IMF For Help

by Edward Hugh: Barcelona"The Kazakh government is ready to step in, ... borrowing. And isn't it the case that the cost of protecting Kazakhstan government debt against default [more...]

Date: 2008-10-21 10:17:00

Mike Gantt: Sunshine Troublemaker of the Week

Mike Gantt of Gaston, South Carolina is this week’s Sunshine Troublemaker of the Week. Mr ... responsible for the day-to-day operations of Gaston government when help arrived in the summer of 2007.For years, as the town sank deep into debt, Gaston officials and some relatives got jobs, bonuses, cell [more...]

Date: 2009-01-13 19:27:56

Citigroup (C) And The Senate: The Myth Of Saving The Mortgage Market

Citigroup (C) ... , saying banks that have accepted federal aid should be doing more to help homeowners wrestling with debts they can't pay." There is a great deal of evidence, some of it from the federal government [more...]

Date: 2009-01-08 11:22:10

Day 2936: Is it just me or are the banks taking over the government?

Wednesday:Call me old fashioned, but I thought that the banks were now owned by US (i.e. the Great British taxpayer) ... that they've trollied the economy and now ought to JOLLY WELL DO WHAT THEY ARE TOLD! and help put ... , and if the debt goes bad then WE will pay up.Some people might think that this means that we take [more...]

Date: 2009-01-14 12:00:00

Beware of fake mortgage ‘fixers’

Beware of fake mortgage ‘fixers’ In the housing market collapse, a new breed of rip-off artist has emerged, ... . Help! My post-divorce debt is killing me! Fuel Posted By : Steven G When it comes to business and finance there is a big problem with the ethics of the men and women behind big oil and the government [more...]

Date: 2009-01-15 23:19:09

Media Digest 11/24/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, the US government gave Citigroup (C) a bailout worth over $300 billion ... clients of UBS (UBS) are trying to settle tax cases with the IRS. Reuters writes that leaders ... . The Wall Street Journal reports that the Fed is looking at purchasing long-term debt to help [more...]

Date: 2008-11-24 08:54:11

The Federal Government may be counting on Middle America's spending to shore up the economy, ... accounts. In the past few months, we've begun paying down debt and putting money aside for a rainy day ... , there's no ladder tall enough to help them see over the top. Some have ended up in this position [more...]

Date: 2009-01-15 14:26:27

Do Financial Experts Really Help?

There’s really nothing like a poor economy and a tumbling stock market to send people’s financial plans into a tizzy! ... have to say: The Canadian Government Statistics Canada says gas and food prices are eating up a larger portion of our spending money, while CIBC reports household debt in Canada is rising faster than personal [more...]

Date: 2008-08-22 01:56:55

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