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Gates of Vienna News Feed 1/5/2009

Read through the official European reactions to Israel’s ground offensive into Gaza: Zapatero, the Vatican, the Italian government — all are pressuring Israel for a ceasefire. The surprise is Dutch Prime Minister Jan Peter Balkenende, who states that it would be pointless to condemn Israel without addressing what Hamas is doing [more...]

Date: 2009-01-06 04:54:00

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Gates of Vienna News Feed 1/2/2009

In tonight’s news: Israel is poised to send ground troops into Gaza.A Muslim family was removed from a plane before takeoff, and is being compensated by the airline for the error. CAIR is in high dudgeon about the incident.Thousands of shoes were dumped on a Miami expressway — is that a message for President-eject Bush? [more...]

Date: 2009-01-03 04:42:00


Nipping at our Nose

Since the season to be jolly is over, I just want to say a few tings, economically that is ... has turned from a producer to a consumer. And as such all of us are going to have to do some serious re ... for granted. The main problem is that politicians will not be able to solve what the have let happen [more...]

Date: 2008-12-31 07:53:00


Know How To File Bankruptcy Online

by John Steed When an individual or institution becomes unable or incapacitated to pay its debtors, it prompts the debtor to file for bankruptcy ... the help of a legal officer. This is because of the technicalities involved and paperwork required ... most individuals preferring taking time to visit a legal officer and incurring some additional [more...]

Date: 2009-01-14 23:53:33


CITI Drops Opposition to Cramdown; May Help Homeowners to Avoid Foreclosure

Citigroup and key Senate members reached an agreement on Thursday that will bring the Helping Families Save Their Homes in Bankruptcy Act one step ... can be reduced by the court including credit card debt and, ironically, mortgage debt on vacation homes ... closer to passage. The proposed law, introduced by Senator Durbin (D-IL) in the Senate and Rep [more...]

Date: 2009-01-11 15:27:40


Gates of Vienna News Feed 1/13/2009

Check out tonight’s “behavioral sink” stories from the UK. Every night there are at least a few, but tonight seems to have more than its share.Also, in case you haven’t been following the story, Obama will close Gitmo shortly after he takes office. The interesting thing will be what he decides to do with the Gitmo alumni…Thanks to Frontinus, [more...]

Date: 2009-01-14 04:58:00


Gates of Vienna News Feed 1/8/2009

The latest word is that an agreement with Russia has been reached, and the flow through the gas pipeline will resume.Also, look for the storming of the Israeli consulate in Montreal, as well as other Gaza-inspired violence around the world.Thanks to AA, Abu Elvis, Insubria, JD, Tuan Jim, Vlad Tepes, and all the other tipsters who sent these in [more...]

Date: 2009-01-09 04:49:00


Government Intervention in Foreclosure

This is Part Four of a series of articles on foreclosures. This article does not constitute legal advice. Foreclosure laws vary from state to state. Homeowners in financial distress should always hire legal counsel. Call your local state bar association for a referral.  Reduced or free legal aid may be available in some states [more...]

Date: 2009-01-07 07:00:13


The Bubble Was Bound To Break

WCSH 6 reports from Maine. “2008 was a difficult year for real estate on many fronts ... s now been resolved. But if the problem is your mortgage went up to more than you can afford, (Chapter ... A Manchester woman who owns a courier business got into debt after her gas expenses spiked to $1,500 [more...]

Date: 2009-01-14 13:37:16


Wednesday wrap

Reid, Pelosi Would Force Unions Down Workers' Throats ... A quick look at the case of the United Auto Workers union is all that is necessary to see the damage that has been done to American industry through greedy union hegemony. As they threatened Congress with the collapse of an industry, they refused to part with their own money-losing, [more...]

Date: 2009-01-14 11:30:00


Personal Bankruptcy and Tough Decisions

by Grace Holt Deciding to file bankruptcy is not an easy decision for most people. Bankruptcies in Florida are no exception ... decision for many You have been taught to pay what you owe. For many walking away form debt becomes ... . Drowning in debt will never produce productive citizens. There is no law that says you cannot pay [more...]

Date: 2009-01-14 09:21:59


Better Personal Finance Tips

Have you ever wondered why some people seem so financially sound? You might be surprised at the simple things you can do to be just like them ... to personal finance. Personal finance includes focuses like budgeting, retirement, savings and debt management ... people fail to budget and therefore they end up in debt and in financial trouble. People often [more...]

Date: 2009-01-15 10:00:30


Z-mail: Myt responses to reader comments on Roland Burris

We may or may not need a change in the succession law but we absolutely must have a California-style recall option. -- Rita I'm not a fan of recall. It may sound like it puts power back in the hands of the people, but I see it as giving still more power to the monied insiders who have the funds and organizational abilities to launch a [more...]

Date: 2009-01-13 18:39:06


Small Buiness News Round-up - 2009/09/29

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from around the world. Small-Business Owners Are Coping, and Feeling Grateful for the Bright Spots : For five small business owners in New York, the conditions are still rough — but these entrepreneurs are grateful for a few bright spots. [more...]

Date: 2009-09-29 06:00:21


The Big Three and TARP: What Happened to Democracy?

What's happened to democracy? GM and Chrysler say they desperately need money to avoid bankruptcy in the next few weeks ... bankruptcy until they come up with a restructuring plan (although, as I've said before, the plan ... a nation of laws; we're a nation of Treasury and White House officials with hundreds of billions of dollars [more...]

Date: 2008-12-17 19:51:00


Choosing a Credit Repair Firm

Credit repair is a million dollar industry with a lot of scams. Finding a loan with poor credit isn’t hard, getting a decent interest rate can be ... so you can qualify for low rate loans and credit cards. Debt settlement and debt consolidation ... . When you clean up your credit report you end up saving hundreds, if not thousands, of dollars [more...]

Date: 2009-01-15 18:49:38


Massive Surge In Municipal Bankruptcies Coming

John Moorlach, the accountant who predicted the 1994 Orange County bankruptcy sees Up to 10 Municipal Bankruptcies in Coming YearThe accountant who ... the $2.7 trillion U.S. market for state, county and city debt next year as public finances worsen amid ... , Rio Vista, with a population of 8,000, and Isleton, a 10th as large, have said budget gaps and deb [more...]

Date: 2008-12-28 11:20:00


Prepared text of Gov. Jon Corzine's State of the State speech

Happy New Year and thank you all for attending today's State of the State. Reverend Clergy; Senate President Codey; Speaker Roberts; Majority Leaders Sweeney and Watson Coleman; Minority Leaders Kean and DeCroce; Chief Justice Rabner and Justices of the Supreme Court; Members of the Legislature; Members of my Cabinet; Congressmen Pallone, Payne, [more...]

Date: 2009-01-14 01:13:00


Britain, the EU and Russia in a Financial Power Play in Iceland

The old saying that “he who pays the piper calls the tune” seems to be coming home to the small country of Iceland, a covenant people and nation linked to the descendants of the tribe of Benjamin. In this context it has always appeared significant that Benjamin, known as the ‘lightbearer’ of the Israel of God, [more...]

Date: 2009-01-15 08:19:46


The Federal Reserves Kohn on the Troubled Asset Relief Program “TARP”

The Federal Reserves Kohn on the Troubled Asset Relief Program “TARP” Posted under Government Kohl, before the Committee on Financial Services, ... be protecting you from unfair bankruptcy laws.” He said he would create a “fast-track bankruptcy ... Cram Down Nation: Do Lenders Fear Obama? Obama Bankruptcy quotes from July 2008: Families [more...]

Date: 2009-01-14 04:07:53


By Way Of Saying Thank You..To PJC Journal-For the use of information gathered there…..

As 2008 draws to a close, I take pride in being able to offer the first New Years message from the Libertarian Party.This is the first year that the Libertarian Party in the UK has been in operation, having launched ... , rubber stamped by Westminster is also increasing, making UK business and industry less and less [more...]

Date: 2009-01-14 14:40:10


A Singular Ambition

Guest Commentary by Edward Cline:A refreshing antidote to Our Enemy, the State is John Blundell‘s Margaret Thatcher: A Portrait of the Iron Lady ( ... should have descended into total bankruptcy, anarchy, and extinction. “There is no such thing [more...]

Date: 2009-01-09 00:52:00


Better Personal Finance

Do you know the best way to financial freedom and wealth? You might be surprised at the simple things you can do to be just like them. The key to stability with your personal finances is successful management of your personal finance. Getting your personal finances in order will allow you to understand how to use your money better and how to keep [more...]

Date: 2009-01-15 15:52:33


New Congress Looks To Add Mortgage Debt To Bankruptcies - BIG MISTAKE

Congress So we have finally flushed most of the bad debt out of our system in 2008 ... modify other unsettled obligations, such as credit card debt. While the housing market downswing ... problem on the horizon is that Congress is back in session today. Instead of looking at 2009 [more...]

Date: 2009-01-06 14:51:56


Bankruptcy Is Not The End

During economic downturns such as the one we are experiencing, ... of bankruptcy, companies as well have to worry about whether they can keep paying the bills ... having to resort to filing for protection. These companies may also allow you to settle out of court [more...]

Date: 2009-01-15 03:32:03


Immigrants have caused the collapse of British culture, says hate hack

Devout racist Steve Doughty launched another blistering attack on 'the doctrine of multiculturalism' today, blaming the alleged 'collapse of British culture' on dirty immigrants who 'do not belong' and should just go away.Reporting on a speech given by Archbishop of York John Sentamu, Doughty, [more...]

Date: 2009-01-13 22:39:00


Towson, Maryland - Teen Driver Found Dead In Crash

(Towson, MD) –  Maryland State Police are continuing their investigation into a single vehicle crash claiming the life of a teenager today.The deceased is identified as Kwest T. Logan, 17, of the 200-block of Lord Byron Lane in Cockeysville, Maryland.  At this time, police believe he was the only one in the vehicle at the time of the crash.Around 10:00 a.m. [more...]

Date: 2009-09-28 18:11:25


Finding a Bankruptcy Attorney in New Hampshire

People living with debt that they can’t handle have a few options to choose from. They can contact a debt or credit counsellor and try to work out a debt settlement plan ... and circumstances is crucial to help your case and help you understand the law and how it applies [more...]

Date: 2009-01-16 00:28:49


Meanwhile Back In Bizarroworld by digby As we watch the Madoff scandal unfold and deal with the consequences of unfettered greed it's amazing to ... to crises -- that in most cases they themselves created -- by spawning new government programs, laws [more...]

Date: 2009-01-13 01:00:00


California Debt Consolidation

California Debt Consolidation January 16th, 2009 Debtors are the ones who face tough times ... in the deferred presentment business would therefore be termed as illegal in California. The debt consolidation ... in California through their debt consolidation loan help you to improve your credit score. They abide [more...]

Date: 2009-01-16 04:11:25


Baby Boozers: The Consequences of Underage Drinking in New Jersey (1 of 2)

Underage alcohol use is more likely to kill young people than all illegal drugs combined. In 2007, the U.S ... drinking-age laws since 1975. Obviously alcohol is a dangerously common activity for those under the age to legally drink, which is 21 in New Jersey. Resultantly, the laws in New Jersey impose rather [more...]

Date: 2009-01-16 00:20:12


Foreclosures in U.S. Rose 81%, Topping 2.3 Million Last Year

Foreclosures in U.S. Rose 81%, Topping 2.3 Million Last Year By Dan LevyJan. 15 (Bloomberg) — U.S ... of California, Berkeley, said in an interview. “The single most important thing is making credit available ... in 2008.About 55 percent of loans modified in the first quarter of 2008 were 30 days [more...]

Date: 2009-01-15 16:45:20


Former Airlines CEO: What Makes the Automakers 'Exempt from Reality?'

It's special treatment for automakers, according to a former airline executive. Gordon Bethune, the former CEO of Continental Airlines (NYSE:CAL) ... substituted for what otherwise should be a bankruptcy judge in determining the fate of the big three automakers. "Wow, what makes them exempt from reality? What are the bankruptcy laws invented [more...]

Date: 2008-12-19 19:22:55


Pertinent Obituary, Dimon Says Worst Not Over, Oil Producers Struggle, The Next Bubble and More!

One company to summarize all of the last 10 years… now on its deathbed Credit crisis survivor predicts “worst… not yet behind us” Oil ... more in the fourth, had a $100 million interest payment due this morning and $4.5 billion in looming debt [more...]

Date: 2009-01-15 19:40:53


Auto bailout: why hit the workers and not the dealers?

I could be wrong about this, and I invite correction, but as I understand it: ... . - A bankruptcy can deal with the contract issues: i.e., stick it to the workers and the retirees. But a bankruptcy judge has no power to change state law.* - Only federal legislation could deal [more...]

Date: 2008-12-19 07:19:19


Credit Card law questionable

There’s no shortage of blame for the mortgage crisis that drove the economy into the ditch ... Act of 2005, households could erase their unsecured debts by filing for Chapter 7 liquidation ... the reform, overindebted households might file bankruptcy and get rid of their credit card debt [more...]

Date: 2009-01-13 10:09:00


Nortel: Politics, Bankruptcy and Business as Usual

Rich offers some in depth analysis of the Nortel saga, with a look at the bankruptcy laws of both the US and Canada, ... of all the bankruptcy reports wants to reassure customers that "Nortel is still very much ... that are in play with regard to the Nortel news.   Tags: Bankruptcy, brendan read, Canada, Nortel [more...]

Date: 2009-01-15 13:23:53


“We can put light where there’s darkness, and hope where there’s despondency in this country. And part of it is working together as a nation to encourage folks to own their own home.” — President Bush, Oct. 15, 2002 THE BLUEPRINTS In June 2002, [more...]

Date: 2008-12-21 16:01:46


Words from the (investment) wise 12.28.08

Investors spent the holiday-shortened Christmas week in an un-merry mood, digesting more gloomy economic data and taking stock of a tumultuous 2008 ... s exuberance), but also still be battling with the implications of the credit crisis for the global economy [more...]

Date: 2008-12-28 12:31:33


Petitions to Watch | Conference of 1.9.09

This edition of “Petitions to Watch” features cases up for consideration at the Justices’ private conference on January 9 ... a corporate fiduciary liable for misappropriation of corporate assets is dischargeable in bankruptcy [more...]

Date: 2008-12-22 22:30:14


2009 Content Industry Outlook, Part II

Bankruptcy In part I of this post, I laid out some of the reasons why 2009 will be a difficult year for most content companies ... compliance. Just as the Patriot Act brought a greater focus on anti-money laundering laws [more...]

Date: 2009-01-16 04:01:27


The Enquirer’s Revenge:  WLWT over WCPO?

Photo courtesy of here. A few weeks ago, WCPO urged viewers not to waste their money buying copies of the new lightweight Enquirer ... delivery four days of the week, the bankruptcy filing of the Tribune Company and warnings from the owners [more...]

Date: 2009-01-15 03:02:58


Can I have the number for Geithner's accountant?

In 2003, faded Twin Peaks star Sherilyn Fenn filed for bankruptcy, admitting owing $101,532 in unpaid state and federal taxes.The Internal Revenue Service alone is now going after her for over $170,000. Just a few years ago, the IRS went after Robert J [more...]

Date: 2009-01-16 02:55:17


Is Bankruptcy the Right Choice for You?

by Harvey L. Cox Current economic conditions are making a lot of individuals who have never before considered filing bankruptcy to now consider it ... to see whether bankruptcy is right for you. You don’t need a particular level of debt. You don’ [more...]

Date: 2009-01-15 08:21:15


Exotic Tropical Islands Of The South Pacific

With long haul travel no longer such an attractive option for Australian and New Zealand residents, due to the world financial crisis, ... }}} the election laws of the nation, before the voters go to the poll . 5.Samoa is the only South [more...]

Date: 2009-01-14 13:22:00


CitiGroup Agrees To Mortgage Cramdowns

This is a pretty big reversal, but I can understand why the big banks are starting to figure out that helping people adjust their debt is ... estate starting to default, this legislation needs to pass immediately. [more...]

Date: 2009-01-09 02:06:02


2008 was the year that ...

As the year 2008 comes to a close, I would like for you to help me list what you think were some of the most important issues, ... that title turns out to be true, what a great year 2008 will have been.  Booker begins, "Looking back over [more...]

Date: 2008-12-29 03:52:31


Three Legislative Proposals That Could Have Major Consequences for Your Finances

J.D. is on vacation. This guest post comes from DR of The Dough Roller, a money management blog ... that is quietly pending in Congress. Ranging from credit card reform to foreclosure assistance [more...]

Date: 2008-12-18 13:00:42


Nortel Files For Bankruptcy Protection

Nortel Files For Bankruptcy Protection Posted by Eric Savitz Nortel Networks (N) has filed for protection from creditors under the bankruptcy laws, according to a bulletin ... payments due this week on its debt, according to a report yesterday afternoon from Reuters. The Toronto [more...]

Date: 2009-01-14 14:11:42


Today's letters: Quebec's pension plan, Afghanistan, sex changes on the public dime

Re: Who's paying for Quebec's largesse? It appears that securities regulations need a lot of improvement, as well as corporate regulations ... treatment under the criminal law system for corporate criminals - the jailhouse [more...]

Date: 2009-01-15 21:41:00



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