Roubini's Latest "Why Things Are Hopeless" List Hits New Record, 20 Items!

I have not made a formal tally of Roubini's various lists of why the economy is going (and will continue to go) ... and have so far proven correct, one needs to find comic relief where one can. From RGE Monitor ... is debt burdened with the debt to disposable income having increased from 70% in the early 1990s [more...]

Date: 2008-11-16 07:13:22

Blog posts (149) | Videos (207)
 

Beleive Me And Try A Settlement for Tax Debt Relief And See The Results

For example, a taxpayer might meet with a tax expert to submit an OIC, after thirty days they might receive a decline notice on the offer, but also get news that a partial payment plan can be made available [more...]

Date: 2009-09-23 02:36:50

London Banker: “The market has failed, and officialdom is perpetuating that failure.”

Ever since the two Bear Stearns hedge funds defaulted 17 months ago triggering a global financial crisis, ... to fight credit contraction is by flooding the financial system with liquidity (”quantitative easing” ... one’s way out of a debt bust.” Bernanke’s strategy may provide some temporary relief, but it won’ [more...]

Date: 2008-12-18 12:43:51

Poverty - Φτώχεια - υπερβολή - εσύ πεινάς κι εγώ πετάω...

Almost half the world — over three billion people — live on less than $2.50 a day. ( ... annually, a figure that exceeds total aid flows and debt relief to the region in 2003.http [more...]

Date: 2008-10-15 06:17:00

Hot Momma Celebrity Gossip Monday Links 01-05-09

Bricks and Stones finds Joanquin Phoenix Is Crazy Best Celeb Gossip snickers at headline George Clooney and Paris Hilton an Item!! ... tells Bon Jovi to Perform at Hillary Clinton Debt Relief Fundraiser Celebrity Dirty Laundry [more...]

Date: 2009-01-05 10:24:52

$2.3 billion in crown assets for sale. Will Flaherty spend the cash or pay down the debt?

The Canadian Press is reporting that Finance Minister Jim Flaherty hopes to keep the government out of deficit in part by selling $2 ... proposing a temporary removal of the right to strike in the public service, perhaps indicating ... the national debt, and use the interest savings for tax relief stimulus. Kevin Gaudet with the Canadian [more...]

Date: 2008-11-28 02:11:48

Latest News in Goverment Grants and Debt Relief - Dec 30, 2008

GMAC Receives $5B In Bailout Funds - WCPO 29 Dec 2008 at 9:20pm WASHINGTON (AP) ... - Reuters UK 23 Dec 2008 at 5:28am WASHINGTON, Dec 22 (Reuters) - The U.S. Federal Reserve Board ... learning Cadence … Japan Should Scrap U.S. Debt; Dollar May Plummet, Mikuni Says - Bloomberg 22 Dec [more...]

Date: 2008-12-30 15:02:38

Latest News in Goverment Grants and Debt Relief - Dec 23, 2008

UPDATE 1-US Fed grants CIT Group bank holding company status - Reuters UK 22 Dec 2008 at 5:25pm WASHINGTON, Dec 22 (Reuters) - The U.S ... Money 19 Dec 2008 at 8:39am NEW YORK (CNNMoney.com) — Government debt prices eased off record highs [more...]

Date: 2008-12-23 10:27:36

OMNI message of hope for The New Year 2009

OMNI NEWSLETTER OF HOPE FOR 2009‏From: Omnicenter Communications (omninews@listserv.uark.edu) on behalf of Dick Bennett (jbennet@uark.edu) ... : Pres. Truman pardoned 1,523 of 15,890 WWII draft resisters23, 2000: Jubilee Debt Relief granted to 22 [more...]

Date: 2009-01-07 22:45:00

Better Hope the “Blame Bush” Part Works

Better Hope the “Blame Bush” Part Works Jennifer Rubin - 12.22.2008 - 12:48 PM Well, let’s give Alice Rivlin credit ... concrete results in areas such as providing mortgage relief or extending unemployment benefits ... a legacy of debt, transforming the biggest surpluses in history into the biggest deficits and affecting [more...]

Date: 2008-12-22 17:48:14

THE DEMON ECONOMIST OF MAIDA VALE; ARE 800 YARDS ENOUGH TO KEEP AMERICA FROM DEVOLVING INTO 3RD WORLD MEDIOCRITY?

America cannot stomach the bare facts of economics. What goes up must trough at some point, level, and then rise again ... these must be tax cuts for small businesses and relief for Americans who are threatened with foreclosure ... of debt that by itself could doom the US economy. Most importantly, it must put people who wish [more...]

Date: 2009-01-09 21:59:00

Corporate Turnaround Is An Excellent Business Debt Relief Company

Usually, most of my clients come to me after having struggled with business debt management for a long time, far too long. [more...]

Date: 2009-07-11 13:14:32

vat bad debt relief

Grevett and Co, Certified Accountants, Slough, Berkshire. Welcome to the Thompson Jenner web site.We... [more...]

Date: 2008-06-26 19:24:37

What You Need To Know about Tax Debt Relief

The IRS does have the option of reevaluating the amount of taxes that you owe, and this will often result in a lower amount of debt [more...]

Date: 2009-09-29 08:10:48

bad debt relief scheme

4 VAT flat rate scheme; 4. 16/04/2008 even if people are already on Individual Voluntary Arrangement... [more...]

Date: 2008-06-26 19:24:37

The Ghost of Depression Past

The Ghost of Depression Past By The Editorial Board The economy is tanking, and true to Republican form, ... , making its other debt more expensive and undermining the very idea of state fiscal relief. Yet Mr ... federal relief, Mr. Hoover was finally persuaded by Congressional progressives to sign a bill [more...]

Date: 2009-01-08 21:08:14

The Bailout Will Lose Money, and I'm Ready to Bet On It

I'm locked and loaded to bet on the bailout. My muse is none another than H.R. 1424, section 134: SEC. 134. RECOUPMENT ... , the Director of the Office of Management and Budget, in consultation with the Director ... in order to ensure that the Troubled Asset Relief Program does not add to the deficit or national debt [more...]

Date: 2008-10-07 17:51:32

Measure of Relief

The US government has several new student loan schemes to make debt less debilitating. ……… Daniel de Vise reports …………… Suzie Dundas is at that stage of life when student loans loom larger than car leases or electricity bills. The $390 monthly payments seem to stretch into perpetuity. They are her largest monthly obligation aside from her rent, which Dundas has decided she can no longer afford. She is about to move in back with her parents. [more...]

Date: 2009-09-06 11:04:18

IRS Help for Taxpayers Owing Back Taxes

If you currently owe the IRS and are having trouble making payments due to your current financial condition, there may be relief for you from the IRS. While they won't forgive the debt, they will make ... with an installment agreement in place. They may be allowed to miss a payment or even reduce [more...]

Date: 2009-01-10 17:19:13

Chrysler Wants Money, Asks To Become "Independent Lending Corporation"

The requests for handouts keep right on coming: Chrysler seeks to tap relief funding ... that will allow it to tap into the troubled assets relief programme and other sources of credit.The Detroit ... and its talks on debt would pick up pace over the month. Chrysler has already been talking [more...]

Date: 2009-01-07 12:28:00

This Year, Resolve to Solve Your IRS Tax Problems. Let TRS Be the Special Forces Unit in Your Battle Against the IRS!

I wanted to take a moment to mention some of our remarkable client success stories from 2008. Matt C ... , but our team of expert tax attorneys, CPAs and enrolled agents were able to clear his IRS debt and lift ... you reduce your tax debt today. Visit the Tax Resolution Services web site for a free tax relief [more...]

Date: 2009-01-02 23:46:03

That is the one question we are asked every single day.  Homeowners are confused with their options (or in some cases, their lack of options) ... is not doing the same tax relief as the federal government.  You may have a state tax liability ... the entire debt (on your first and second loans [more...]

Date: 2009-01-15 21:07:27

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

Today 100 Years Ago: Friday, Jan. 8, 1909

Today 100 Years Ago: Friday, Jan. 8, 1909 By William S ... There Have Decreased Since Consolidation; Debt Service Also Lower; Manhattan Pays $8,348,946 More Than ... Donates $200,000 for Relief — Living Still Found in Ruins — Treasure Also Recovered Verdict [more...]

Date: 2009-01-08 05:01:46

Boring Into the Obama Stimulus Plan

The first and most important thing about the Obama stimulus plan is that it’s about the size we need. That’s absolutely critical ... of good stuff in terms of refundable tax cuts that make sure to offer both some middle class relief ... have wracked up enormous profits in past years by, for example, packaging a lot of bad debt [more...]

Date: 2009-01-06 19:22:27

People Here Don’t Give A Crap What Kind Of Car We Drive.

And believe me, that is a welcome relief after living in Los Angeles for 13 years ... too much, and just charged myself into credit card debt - all to try to impress other people. I fell ... not afford and tens of thousands of dollars in credit card debt…for nothing! What did I have to show [more...]

Date: 2008-08-27 13:00:54

A Buyer of Structured Settlement Annuity Can Lead the Way to Financial Relief

We could all use a little bit of relief these days – in the financial arena to be sure ... and our families through the tough times. But when debt is piled on your back, mortgage payments are staggering, property tax is unseemly, school loans are due, car payments have to be made, health insurance keeps [more...]

Date: 2009-01-14 03:07:18

Financial Relief Available for Active Military Members

If you are a military service member called to active duty, ... the debt. "The average credit card rate is over 12%, so cutting your rate in half ... to get out of credit card debt much faster" says Bill Hardekopf, CEO of LowCards.com and author [more...]

Date: 2008-10-31 16:16:29

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

New York to Regulate Some Credit Default Swaps

I'm glad someone is trying to keep his eye on the ball ... Asset Relief Program) and by others as MOAB (the Mother of All Bailouts), may provide some short term ... a company whose debt is the subject of over $1 trillion in CDSs goes into default. If, for instance [more...]

Date: 2008-09-22 22:25:19

Debt Settlement negotiation tips How to get out of debt effectively

When you get to the point where you cannot even afford your minimum payment to cover all your debts you may think about bankruptcy however this is the wrong move Bankruptcy protection will only give you short term relief and destroy your credit meanwhile you .. [more...]

Date: 2009-09-18 11:06:06

Why Bother Becoming a Bank?

Last week the Federal Reserve Board gave GMAC, the mostly spun-off financial arm of General Motors, permission to become a bank ... the Troubled Asset Relief Program (TARP). Today the Times reports that GMAC, which loans money to car ... things, it has to convert 75 percent of its debt into equity and shrink the share of the company owned [more...]

Date: 2008-12-29 16:47:00

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

Holy Family

The Passion of the Christ was the most intense movie I’ve ever seen.  But there was a moment of comic relief, a flashback to a young Jesus in the back yard, building ... others their due.  The virtue of Piety, recognizing the extraordinary debt that children owe [more...]

Date: 2008-12-29 07:02:31

One Reason I’ve Been So Quiet

Today GamerDude and I signed the final paperwork involved in refinancing a rental property that we own as a means to get out from under the load of too much debt. This is one of those things that I was holding back from talking about here until I was sure that everything went through. I cannot describe the relief of no longer having to live paycheck to paycheck (and even then only barely making it as year by year we fell into mroe and more debt). And while we are still in the same amount of [more...]

Date: 2009-09-26 01:53:47

Relief for Struggling Homeowners: A New Take on Loan Modification

If you’re struggling with the monthly payments on your mortgage in these difficult times or know someone who is, read on! ... to completion. Credit restoration, debt settlement and credit counseling services are also offered, meaning ... January Financial has evaluated a few different services and has partnered with one that we feel [more...]

Date: 2008-09-02 13:39:11

Recent Bankruptcy? It’s Not Impossible to Obtain a Home Loan

Because the new bankruptcy laws go into effect on October 17, 2005, more Americans than ever are filing for relief using the federal bankruptcy laws ... discharge. Ironically, some those that would not previously qualify for a mortgage do qualify after ... payments. The DTI* (debt-to-income) ratio of this person is 81.25%. Since his credit score is low [more...]

Date: 2009-01-15 00:11:26

IRS Unveils Initiatives to Help Taxpayers in Financial Trouble

IRS changes offer relief to delinquent taxpayers. The IRS unveiled a series of initiatives Tuesday aimed at helping people who can’t pay their taxes ... and collection letters to taxpayers who recently lost their jobs, rely on income from Social Security ... the IRS to set up an installment plan. These plans allow taxpayers to pay their debt in monthly [more...]

Date: 2009-01-07 06:45:10

Will the GMAC Deal Spell Relief for GM?

“Consumer credit is the jet fuel of the auto business,” said Michael J. Jackson, chief executive of AutoNation Inc ... has to meet a certain quota for financing GM cars. Also, falling auto sales aren’t the only problem ... it is burning through cash to a punishing level of debt that couldn’t be funded through the markets once [more...]

Date: 2008-12-30 09:57:00

Uncle Sam’s 16% Return: How Treasury’s Bank Investments Are Making Money

Treasury Secretary Hank Paulson is getting a better return than most fund managers this year. ... yesterday that the Treasury’s Troubled Asset Relief Program has had a gain of about $8 billion ... . With this type of stimulus, there will be little, if any, long-term increase in the debt.” TARP [more...]

Date: 2009-01-06 12:37:00

Obama Considering $310 Billion Tax Cut

The Wall Street Journal has sent a news alert that says that Obama is mulling a stimulus plan that will rely more heavily on tax cuts than initially ... of the overall tax relief would involve cuts for people who pay income taxes or who claim the earned-income ... at all income levels are carrying a lot of debt, and given how any kind of missed payment [more...]

Date: 2009-01-05 02:51:52

An Alternative to the Stimulus

The talk of Washington this week is the $850 billion Democrat stimulus bill – with massive federal spending as our country’s debt tops $10 trillion ... debt for future generations – by avoiding a trillion dollar spending spree Our bill will contain NO pork and NO earmarks I encourage you to look at the Economic Recovery and Middle-Class Tax Relief [more...]

Date: 2009-01-14 15:29:44

Will the GMAC Deal Spell Relief for GM?

“Consumer credit is the jet fuel of the auto business,” said Michael J. Jackson, chief executive of AutoNation Inc ... . Also, falling auto sales aren’t the only problem facing GM. The auto maker is dealing with myriad issues, ranging from the speedy rate at which it is burning through cash to a punishing level of debt [more...]

Date: 2008-12-30 09:57:00

Foreclosures up a record 81% in 2008

side note: It’s gonna be a tough 2009 for our country….if you have debt, try to start paying it down. By Les Christie CNNMoney.com Filings continued to soar through the end of the year - and there’s no relief in sight for 2009. NEW YORK (CNNMoney.com) — U.S. foreclosure filings spiked by more than 81% in 2008, a record [more...]

Date: 2009-01-15 15:04:24

GMAC: Snatching Victory From the Jaws of Bailout Defeat

It is much easier to win when you let the federal government do your negotiating for you ... , as a crucial $38 billion debt-exchange offer foundered and co-owner General Motors was struggling with the specter of bankruptcy. Yet GMAC succeeded, garnering $5 billion in Troubled Asset Relief [more...]

Date: 2008-12-30 12:43:00

Get the bill consolidation loans

If you are struck well with huge loans and if you want a solution for all your problems, ... debt consolidation because they know it will free up money in their monthly budget that can be used ... here is a site for you to visit at least once so that you can get relief soon. The current [more...]

Date: 2009-01-05 19:21:37

McConnell Is Not Amused

McConnell Is Not Amused Jennifer Rubin - 12.19.2008 - 3:13 PM Sen ... of Troubled Assets Relief Program (TARP) funds for industry specific bailouts.  And I do not support ... administration must uphold the requirement that the labor, health benefits and debt modifications [more...]

Date: 2008-12-19 20:13:13

Personal loan to your relief

"Man proposes, God disposes" is a well known statement and one can experience this often. One cannot always plan all his requirements in advance ... you through your medical expenses, vacations and debt consolidations. A personal loan will help you through [more...]

Date: 2009-01-05 08:23:40

India upholds 2009/10 debt plan overshoot risk seen

By Manoj Kumar and Rajesh Kumar Singh NEW DELHI, Sept 29 - India will stick to its borrowing target for 2009/10, finance ministry officials said on Tuesday, but analysts warned drought relief spending may strain government finances and force it to ... [more...]

Date: 2009-09-29 12:02:10

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