How Alexander Hamilton, the father of American Rotarian Socialism, gave birth to the present economic crisis
Dr. Thomas J. DiLorenzo writing at the Ludwig von Mises Institute: ... public debt, even though his political descendants, the Whig Party of Henry Clay, popularized ... mercantilist state, such as Sir James Steuart. Hamilton championed the cause of a large public debt — [more...]
Date: 2008-10-22 12:14:49
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Menino to unions: Wage freeze or layoffs
Mayor Tom Menino tonight called on city unions to accept a wage freeze or face "painful, painful" ... and anticipated cuts in state aid. The city has already saved $30 million by refinancing debt [more...]
Date: 2009-01-08 01:39:37
Questions About Collections? Ask Melissa
Dear Melissa, My daughter is in the midst of a career move and has had a bill sent to a collection agency in the state she previously resided in ... to offer advice and answer questions pertaining to debt collection. With running her own successful collection agency, she seeks to keep debt collectors accountable for their actions and in line [more...]
Date: 2009-01-14 13:00:17
A “MISSOURI PLAN” TO CONTRACT THE DEBT BUBBLE PART 1 and 2 By Dr. Edwin Vieira, Jr., Ph.D., J.D.
January 12, 2009NewsWithViews.comAs complicated and confusing as are America’s present financial woes, her fundamental problem is simply stated: This country is staggering towards economic perdition under a gargantuan load of debt that is unpayable in terms of real wealth. ( [more...]
Date: 2009-01-13 13:39:18
Nortel Networks Inc. and certain U.S. affiliates filed voluntary chapter 11 petitions today in the United States Bankruptcy Court for the District of ... and customer consolidation, customers cutting back on capital expenditures and deferring new investments and the poor state of the global economy.” The companies have over $4 billion in public debt [more...]
Date: 2009-01-14 17:34:20
Obama Forgot To Ask For Money In Today’s Email
As eternal punishment for sending him $50 one night last summer, when you were drunk, ... for that journey, we can’t forget our commitment to help Hillary Clinton retire her campaign debt ... in Barack’s election. And as our soon-to-be Secretary of State, Senator Clinton is working hard now to help [more...]
Date: 2009-01-10 04:45:58
Illinois Politics 101
by Mike Salazar The first thing that you have to understand about the current state of Illinois politics is that the Illinois Political Machine is ... a great debt to Former US Senator Peter Fitzgerald (no relation to Patrick) for bringing Patrick ... is championed by his lawyer former GOP Governor Jim Thompson and current Democratic Senator Dick [more...]
Date: 2008-12-15 14:44:35
Karl Marx
I have put this quote at the end of a thread , but it deserves it's own : " ... and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable.The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and State [more...]
Date: 2009-01-14 11:56:13
Faith-based macroeconomics
Faith-based macroeconomics Willem Buiter: My recommendation is to go easy on the fiscal stimulus ... do anything significant to help? Update: OK, some numbers. Based on BEA data, in 2007 the United ... more catastrophic will occur, and the United States will start having to pay third-world-type premiums on its debt [more...]
Date: 2009-01-05 13:28:52
AG Sues To Shut Down Buffalo Debt Collector
Posted on Tuesday, 18 of August , 2009 at 10:51 am BUFFALO—The state Attorney General’s office has filed a lawsuit seeking to shut down a Buffalo-based debt collection operation consisting of 13 debt collection companies run by Buffalo residents Omar Smith, Narvell Benning and Keith Marshall (collectively, the “Benning-Smith Group”). [more...]
Date: 2009-08-18 15:51:50
Anticipari?
De pe mail: “Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks which will have to be nationalized and State [more...]
Date: 2009-01-14 10:38:08
Patients With Retroactively Cancelled Health Coverage When They Became Ill Urge Schwarzenegger to Keep His ‘State of the State’ Promise and to Sign AB 1945
By Jerry Flanagan Health Policy Director The Consumer Watchdog (FTCR) ... companies from retroactively canceling health policies unless a patient lied about past health ... of dollars in debt while facing ongoing medical treatments. The key element of Assembly Bill 1945 states [more...]
Date: 2008-09-12 17:21:08
Get Out Of Credit Card Debt And Enjoy A Less Stressful Life
Far to many residents here in the United States are being negatively hurt by this horrible recession we are going through ... and that is credit card debt settlement. This process will allow the debtor to save a enormous sum ... on their credit cards. Plus you will see that with debt settlement becoming free of debt can occur very [more...]
Date: 2009-01-07 19:05:16
Debt Consolidation
Having a credit card is good since mostly people use here in the States or other countries to purchase any items or pay off a bill in the restaurant, ... their site and apply unsecured debt consolidation loans now. ... from the credit card company, you should pay it right away or else there will be an interest [more...]
Date: 2008-10-14 04:04:56
2 Dep'y Sec'ys of State are both Harvardiste
Obama has named James Steinberg and Jacob Lew as deputy secretaries of state under Clinton ... , as late as August, another $2300 to help with her debt. Loyal guy, obviously. Nothing to Barack [more...]
Date: 2008-12-24 05:29:35
The Oil Floor
With oil now below $45 a barrel, and Merrill Lynch projecting that it'll drop to $25 in the next year, ... tenets, like reducing debt and growing other spheres of the economy. But Russia's budget for 2009 ... producer states, it seems, have fallen into an old trap, expecting booms to last longer than [more...]
Date: 2008-12-08 20:29:48
The Greatest Offer For Those who Want to Receive Backlog Reduction Mortgage
These days the economy of the United States is breaking down ... your expenditures for the last half of a year and use debt calculator to realize your debt-to-income ratio ... increasing and the America encounter poor case. Debt elimination must be on everyone’s mind. With a not big [more...]
Date: 2008-12-14 23:31:59
Tax Preparation So Simple, a Treasury Secretary Can Figure It Out?
The Internal Revenue Code, Title 26 of the United States Code, ... - the bailout that will saddle taxpayers with trillions of dollars in new debt in coming years. Did Geithner [more...]
Date: 2009-01-15 16:10:00
Credit card debt and a bad market are hurting debtors
Recently here in the superpower country the United States of America we are sensing the full blown result of what a economic slump can do ... in unsecured credit card debt are also the ones who are going through the most hardships. People should ... . These methods include the world renowned consumer credit counseling (CCCS), credit card debt settlement [more...]
Date: 2008-12-14 16:07:23
Practical financial advice for the new year
Despite the fact most Illinoisans attention has been diverted towards the Governor's possible impeachment, ... also consider in facing the budget crisis: Live within your means. Pay off debts ... with a dragging economy, possible layoffs, pay cuts, and rough financial times -- cutting into the state's [more...]
Date: 2009-01-02 14:52:48
There Is An Angel After All For Folks Facing Foreclosure
It seems there is at least one lawyer who is in business to help people facing foreclosure. Her name is April Charney ... to take possession of those homes. Her encyclopedic knowledge of contract law, debt-collection practice ... she help people in Florida, her knowledge is shared with lawyers in other states. She has given one day [more...]
Date: 2008-12-19 21:00:50
With Alltel Deal Closing, TPG Puts Much-Needed Win in the Books
Limited partners of Goldman Sachs Group and TPG Capital received a welcome New Year’s present when the $28.1 billion sale of Alltel Corp ... through the sale of debt. Seven months later, they flipped it, selling it to Verizon Wireless, a joint ... and Washington State Investment Board. –With Lauren Pollock Shasha [more...]
Date: 2009-01-12 18:08:00
Debt Consolidation May Help in Times of Need
Just earlier, I have read news about a couple of call centers in the United States and a about three department stores in the United Kingdom that ... place to start. They have debt consolidators that can help you answer your questions, consolidate ... people who lost their jobs currently have debts to pay quite common of which is the rental debt [more...]
Date: 2009-01-12 10:34:07
"Wall of Violence" on Mexico's Southern Border
By Kristin Bricker, NarcoNewsCalderon's "two-faced" policy combines police, the military, gangs, ... of debt. The bank is going to take his home if he doesn't come up with the approximately USD$17,000 ... to the United States. He told them he'd be back as soon as he'd paid off the debt; it wouldn't take [more...]
Date: 2009-01-15 10:26:00
Credit card debt and a bad market are hurting US residents
Today here in the great country the United States of America we are sensing the full blown end product of what a economic slump can do ... in unsecured consumer credit card debt are also the ones who are going through the most problems. People ... about to get out of debt. These methods include the world renowned credit counseling, credit card debt settl [more...]
Date: 2008-11-05 00:02:15
Wednesday morning links
#fullpost{display:inline;}TOP STORIESRetail sales slump 2 ... to Sell Debt as Losses Erode Funds - BloombergPension Losses Could Whack 2009 Corporate Profits ... recycling - Christian Science MonitorSome States in a Pinch May Raise Gasoline Tax - NY [more...]
Date: 2009-01-14 14:02:00
Student, Car Debt Quietly Added to Bailout Plan
Jeez! This country very well may be doomed beyond hope! This is not the time to be sneaky, and push even more expenses on the taxpayers ... its bailout plan to include buying student loans, car loans, credit card debt and any other “troubled” assets ... program to foreign banks with extensive loan operations in the United States, potentially added tens [more...]
Date: 2008-09-24 02:08:02
Will You Be Pittsburgh or Detroit? AND Please Don’t Be Dubai!
My buddy Mike has a fantastic post titled ‘Will you Be Pittsburgh or Detroit‘. Basically, Pittsburgh reinvented themselves. As Mike eloquently states: Many of us are faced with the same issues that Pittsburgh and Detroit faced - unemployment, growing debt, lost wealth, skills that are no longer valued or even needed [more...]
Date: 2009-01-12 13:06:17
Friends Don't Let Friends Buy Stocks - Look at State Street
Wow, total panic out there. State Street (STT) is supposed to be a safe asset manager type of financial institution - it's down 40% - oh wait, it's rebounded to only down 30%. Now S&P can downgrade its debt, credit spreads can widen ... %... company statementIn response to questions received today from media and other sources, State Street [more...]
Date: 2008-09-18 20:26:34
Five Ways To Make Any Financial Resolution A Success (Guest Post From J.D. Roth)
This guest post is from one of Wesabe’s new Advisory Board members, J.D. Roth, who writes about smart personal finance at Get Rich Slowly ... resolutions to improve our lives. Many of our goals are financial: get out of debt, open a retirement ... or credit union. Check out this huge list of rewards checking accounts by state for rates as high [more...]
Date: 2009-01-08 17:07:44
Wait or Watch, but Don't Buy Weight Watchers International
Simply stated, when consumers are facing a sudden crisis over their savings, livelihood, and standard of living, ... significantly. Their debt levels are extremely high. Their profitability should be negatively ... are at risk. This is a company that has never had to go on a "debt diet", but let's just say [more...]
Date: 2009-01-10 21:33:43
U.S. Congressmen criticizes Pennsylvania's transportation policies
U.S. Representative John Peterson explains why we should blame poor money managment, not a lack of funds, for the dilapidated state of Pennsylvania’s roads and bridges. Rep. Peterson mentions the redirecting of funds to pay off mass transit debt and the corruption of the Turnpike Commission. He also [more...]
Date: 2008-08-12 15:58:47
THE FINTAG NEWSLETTER @ 25 August 2009
FINTAG COMMENT Plastic Ono Bank. Bank of America is having trouble packaging up its credit card receivables and flogging them on. You see, to get a decent FICO score you need debts that are likely to be paid back but BoA seems unable to throw any into the mix. I made the error yesterday of stating Mastercard and Visa were in trouble and rightly so I was shot down for they are payment processors not debt holders. I was using a metaphorical term but it didn't work. [more...]
Date: 2009-08-25 23:35:00
Daily Dose: 12/29/08
» AsianWeek Market Report » Manju Ganeriwala Named Virginia State Treasurer » New York Governor’s Budget Proposal Will Hurt APA Children and ... billion of investments and all debt management of the Commonwe [more...]
Date: 2008-12-29 20:54:06
The ARM of Satan
Dear United States of America, I have decided to ask you, the government for a bailout ... I have too much credit debt and that is probably crimping my cash flow, but the truth is, I am too important to fail. If I don’t pay off this debt then the financial institutions that I owe money [more...]
Date: 2008-12-15 07:03:46
Daily Links: 5k5k Edition
From time-to-time, I like to highlight GRS-reader projects. Chett wrote to share an idea he’s trying to get off the ground ... a 5,000-meter (3.1-mile) run and saving $5,000 (or paying off $5,000 in debt). As you know, I think ... in Oregon may resurrect mandatory personal finance education. When I was in school, state law [more...]
Date: 2008-10-30 00:30:30
Weakonomics Tour of the Country: Georgia
AKA the “We Started As A Prison” State Originally set up as a place for Britain to dump it’s people that couldn’t pay off their debts (now there’s [more...]
Date: 2009-01-15 13:25:02
Important Things To Know About Bankruptcy
by John Steed Insolvency is the state affirmed by the court of law that someone or an institute has been powerless to clear its liability ... until the debt was roofed The genesis of this situation came from Latin posturing a broken ... officer for assistance. The defaulter is supposed to obtain some fee from the debts. A good number [more...]
Date: 2009-01-15 06:51:07
Senate Steineger Addresses Address to AFP Summit
We received this email from State Senator Chris Steineger earlier today, and we wanted to share it with you uncut and unedited ... , huge credit card debt for throw away consumer goods, and driving gas guzzler vehicles exemplify ... . Our government and its people have been living well beyond our means. The increased National debt, the federal [more...]
Date: 2009-01-14 20:07:00
Things You Might Not Know About Credit Cards & Debt Relief
A Legal Thief ? When you get your monthly credit card statement, do you ever look to see what the interest rate is that they are charging you? ... long to mount up debt, especially if you have more than one credit card. Too many credit cards ... credit cards in use in the United States alone. All I’m saying here is be careful and read [more...]
Date: 2009-01-05 17:53:17
Debt/Equity Ratio 0.29 (SYNA, rated BUY)
Listed as a hold but looks like a solid strong buy 52 week high 40.90- sales 473 million - income 54 million - sales growth 31% income growth 396% debt/ equity ratio .29 When citing the reasons for selecting Synapse above all others in this crowded, new market, Frost & Sullivan stated that, "since the introduction of the Internet as a building automation tool, no other technology has had as profound an impact as wireless technology. [more...]
Date: 2009-09-24 01:42:48
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
School accountability: Not Is there ANYTHING a charter school can do wrong to get the charter school shills on the state Board of Education -- led ... that has been failing to pay taxes, has exceeded the enrollment cap, has run up a huge debt and which depends on unpaid staff to complete the year. Speaking of charter schools: The blizzard of [more...]
Date: 2009-01-08 02:14:33
Debt Rattle, November 18 2008: He'll Have To Go
John B. Trevor The Century Ahead 1921 Trevor family trip through western United States Ilargi: I’ll make way today for something my partner in crime Stoneleigh wrote a few days ago as a comment on Garth Turner's site, GreaterFool.ca. Coincidentally, they're supposed to meet today for the first time, somewhere in southern (?!) [more...]
Date: 2008-11-18 19:44:54
Pamela Anderson Dispels Debt Rumors
The word around the gossip campfire these days says that Pamela Anderson is nearing bankruptcy after building a Malibu mansion. But she says she’s doing just fine. In a recent interview, the former “Baywatch” babe called the reports of her financial hardship “crazy,” stating that the only drama in her life right now is a dispute with a building contractor over some of his work. Pammie explained, “These reports are crazy and I cannot believe this has become a media issue. I am actually t [more...]
Date: 2009-09-28 22:20:47
Pamela Anderson Dispels Debt Rumors
The word around the gossip campfire these days says that Pamela Anderson is nearing bankruptcy after building a Malibu mansion. But she says she’s doing just fine. In a recent interview, the former “Baywatch” babe called the reports of her financial hardship “crazy,” stating that the only drama in her life right now is a dispute with a building contractor over some of his work. Pammie explained, “These reports are crazy and I cannot believe this has become a media issue. [more...]
Date: 2009-09-29 00:02:00
Pamela Anderson Dispels Debt Rumors
The word around the gossip campfire these days says that Pamela Anderson is nearing bankruptcy after building a Malibu mansion. But she says she’s doing just fine. In a recent interview, the former “Baywatch” babe called the reports of her financial hardship “crazy,” stating that the only drama in her life right now is a dispute with a building contractor over some of his work. Pammie explained, “These reports are crazy and I cannot believe this has become a media issue. [more...]
Date: 2009-09-28 22:20:47
The State of Lending: Trader Uncertainty Anyone?
The Chinese have a saying: “May you live in interesting times” ... was meant to buy bad mortgage debt. Last week, however, those plans changed. Instead, the $250 ... decisions. Advertisement: Real Estate Investing Forums [more...]
Date: 2008-10-27 18:56:44
When Your Financial State Improves, Do Your Frugal Standards Change?
... replaced. We have very few debts now - just one student loan and a mortgage, no credit cards [more...]
Date: 2009-01-07 20:00:34
Palestinian-led movement to boycott Israel is gaining support
Gal Beckerman | Forward 16 September 2009 Uzbekistan-born diamond mogul Lev Leviev announced late in August that his company, Africa-Israel, was drowning in debt of more than $5.5 billion that it could not repay. Over the next two days, shares in the company’s stock plummeted by more than one-third. It was relentless bad news for one of the world’s richest men. His holding and investment company had lost $1.4 billion since 2008, mostly due to failed real estate investments in the United States. [more...]
Date: 2009-09-19 08:23:00
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