Debt Solutions

I’ve known of quite a number of people who are struggling between debts ... like this or services like this exist in the country, there’s even a government debt consolidation program that of which ... I know of a friend who’s payroll goes directly to his credit card bills plus the loans on the side [more...]

Date: 2008-10-03 16:05:53

Blog posts (16) | Videos (2)
 

Undermining a New Effort to Promote Public Service

Is the U.S. Department of Education deliberately trying to undermine a new program created by Congress to encourage students to pursue careers in ... by consolidating their debt into Direct Lending. The program is a reaction to reports that student ... government will forgive the remaining debt of Direct Student Loan borrowers if they make 120 [more...]

Date: 2008-07-23 18:43:00

Claims Number Deals Another Blow to Market

Claims Number Deals Another Blow to Market Posted by MarketBeat Staff Stock futures declined Thursday morning after the Labor Department ... will be in three years from now than where it will be at one o’clock this afternoon,” said Quincy Krosby ... that the government won’t use the Troubled Assets Relief Program to buy debt securities. [more...]

Date: 2008-11-20 13:41:27

The Real Meaning of 'Stimulus'

From Victor Davis Hanson: For just one week we should ban the verb "stimulate" and the noun "stimulus" — and substitute instead the more honest "borrow," or "print," or "debt"; as in "The government plans to borrow another $1 trillion ... met to consider a $1 trillion debt program." But as it is now, the euphemisms only take us ever [more...]

Date: 2009-01-09 14:12:36

Financial Crisis

FINANCIAL CRISIS CURE It is a well-documented fact that the financial crisis was caused by corporations and individuals knowingly, ... amounts of further debt, the government can start a RECOVERY PROGRAM designed to identify [more...]

Date: 2009-01-10 04:15:40

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

Oh, so now the banks want to talk about credit card debt

Funny how impending doom can change their minds. This remains an industry that is just begging to be regulated ... with consumer advocates to urge the government to allow huge portions of credit card debt to be forgiven ... for consumers to erase their credit card debts in bankruptcy. The new pilot program — which the banks [more...]

Date: 2008-10-31 08:38:00

THINKING ABOUT TOMORROW

Social Security and Medicare are on a course to eventually crowd out every other government program or usher in a significantly larger federal ... and local governments. Suppose Social Security and Medicare were ended tomorrow -- collecting ... the liability owed to those nearing retirement (55 and older) more than doubles the accrued debt [more...]

Date: 2008-12-03 13:36:58

Fed's Latest Rescue Package Throws Lifeline to Home Buyers

According to this Reuters article, the Fed announced a new rescue package of $800 billion USD to lower the cost of home purchases, credit card and student loans. Under the new mortgage program, the Fed will buy up to $100 billion of debt issued by government-sponsored mortgage enterprises Fannie Mae, Freddie Mac [more...]

Date: 2008-11-26 09:12:56

How to Prepare for the Economic Worst

How to Prepare for the Economic Worstby Gary KahIt has been a hectic time for both our family and ministry ... . This would require the complete elimination of numerous government programs, agencies and departments ... . Altogether, there is at least $50 trillion of bad debt from the mortgage crisis still needing [more...]

Date: 2009-01-12 23:17:00

1-15-2009 (Thu Afternoon) Fin. & Econ. Activity

General Motors Corp. cut its estimate for 2009 U.S. industrywide auto sales to 10 ... in additional capital from the Treasury Department’s Troubled Asset Relief Program, plus government ... 1970s, said Steven Meyerhardt, a spokesman at the Bureau of Public Debt in Washington. The early [more...]

Date: 2009-01-15 21:20:17

Banks Say Plan to Guarantee Their Debt is Flawed, Ask For a Better Deal

In the wake of the Treasury Department foisting equity infusions onto nine banks, not all of which wanted or needed them, ... . of guarantees of bank debt, gets a thumbs down from the intended beneficiaries. But sadly, it isn't the general ... and get more. One wonders if the government bond guarantee program was designed with intent [more...]

Date: 2008-11-13 21:25:38

Government Binge Spending

As Washington’s attention has been focused on trillions of dollars in fixes for the current economic meltdown, ... the U.S. Treasury. By 2050, Medicare, Social Security and other costly programs will expand the national debt [more...]

Date: 2008-12-17 21:18:57

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

No Pork, Part II (by Russell Roberts)

Obama is aware that a few people might be skeptical of the government's ability to spend 500 or so billion dollars quickly and wisely ... be a piece of cake: The mounting debt has raised an alarm on Capitol Hill, where some Republicans ... of the late-1980s, when overspending automatically triggered across-the-board cuts to federal programs [more...]

Date: 2009-01-07 15:50:01

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

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