An easy way to backstop the auto sector
News item from the DTM: Ottawa is willing to go to the aid of teetering auto companies, ... their shops in Canada to save money and consolidate where the government subsidies are. Given ... has tried debt plus warrants (think AIG), they’ve tried prefs (think Citibank, JP Morgan, etc.), they’ve [more...]
Date: 2008-11-10 22:36:25
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Remember When the Republicans Hated Medicare, Too?
The Truth about Socialized Medicine by Audrey Mayer - Common Dreams I have been hearing a lot of pundits and politicians bemoan “socialized medicine” and its supposed inefficiencies and inequities. These horror stories are never accompanied by data, just hearsay and anecdotes from “a friend of a friend” in Canada or the United Kingdom. Rarely have I heard from people who have themselves experienced a universal public health care system. As one of those people, I thought I should speak up. [more...]
Date: 2009-07-30 05:34:00
Double the Income or Double the Expense Till Death Do Us Part
Getting married is stressful and emotional, but when it comes to handling finances, things can get really scary. You’ll be combining two incomes in most cases and many people get the impression that they can start spending twice as much. This usually leads to double the expenses and a lot of heartache. If you’re just starting out on your path of wedded bliss, there are a few tips that will help you use these first few years to create a solid income for your future. 1. Business is business. [more...]
Date: 2009-07-24 12:27:51
Metals Snap-Back Rally
Eric Coffin submits: The continued enthusiasm for metals can be tied to a combination of devaluation of the Greenback and hopes that western recessions are bottoming. The deteriorating US Dollar is an element that will have to be weighed against the demand picture for the next decade. However, western demand hasn’t been fundamental to pricing metal, or oil, for over a decade. Current enthusiasm, especially in light summer trading, should be treated gingerly. [more...]
Date: 2009-08-06 13:46:38
Spain Stamps
Stamps -> Europe -> Spain & Colonies When looking for old Spain stamps, online auctions like eBay are a great place to search. Often, auctions are in lots so you get several stamps to add to your collection, often from many different countries and time periods. Some stamps can also be purchased individually, with or without ready-made displays. With a little research and some time spent browsing the auctions, you can find an excellent deal on the stamps you want to buy. [more...]
Date: 2009-09-10 19:38:25
S&P: United States Safe... In Near Term
The good news: Currently, 17 of the 124 sovereigns we rate have 'AAA' long-term ratings and stable outlooks. These include close G7 peers, such as Canada, France, and Germany. We believe the U.S.'s key credit strengths include: -- A high-income, highly diversified economy, with unusually flexible labor and product markets. -- The unique advantages associated with the U.S. dollar's preeminent role as the world's most used currency (see "Despite Pressures, The U.S. [more...]
Date: 2009-06-17 18:07:00
Posts about Economy as of June 21, 2009
Posted on Sunday, June 21, 2009 in Post about Economy Pound Terribly Flawed According To Jim Rogers – webprime.co.uk06/21/2009by Jimmy Rogers This has been a year in which Jim Rogers has caused much controversy in the United Kingdom when he said “the City of London is … It wasnt too long ago Jim Rogers gave his thoughts on the state of the European economy and the British … amounts of money into the economy which is going to make some things look better for some people Twitter Tweets about [more...]
Date: 2009-06-21 12:30:04
Free Online Debt Consolidation â?? Dealing With Multiple Debts
Free online debt consolidation is the best way to make your debt burden a little less difficult to handle. Most people, when struck by rising debts, do not know where to look for help. The trouble starts when your income cannot keep pace with your loan payment dates and high interests. You may not notice anything particularly wrong, thinking you would adjust it in the next installment. Soon, penalties and interest keeps piling up, making the situation unmanageable. [more...]
Date: 2009-08-08 04:23:54
How to Become Debt Free By Budgeting Your Money
Ok, so you have come across how to create a financial budget and are likely wondering how on earth to get out from beneath a mountain of debt . This situation plagues many people but the answer is much easier than the actions. Even though it is hard to become debt free, it CAN be done and I will show you how to get there. The first huge step in getting debt free is in knowing where you stand financially. Knowing where you stand financially means you HAVE TO draw up a financial budget. [more...]
Date: 2009-09-04 10:26:06
Biography: Nawaz Sharif
Mian Muhammad Nawaz Sharif , also known as Nawaz Sharif , (Punjabi, Urdu: میاں محمد نواز شریف) (born December 25, 1949 in Lahore , Punjab , Pakistan ) is a Pakistani politician and businessman. He was twice elected as Prime Minister of Pakistan, serving two non-consecutive terms, the first from November 1, 1990 to July 18, 1993 and the second from February 17, 1997 to October 12, 1999. His party is the Pakistan Muslim League (N) (Nawaz group). [more...]
Date: 2009-08-01 14:18:31
Posts about Forbearance as of July 22, 2009
Become Eligible To Win $25,000 To Pay Off Your Student Loans In 4 Easy Steps! – lowinterestloans.hblblog.com 07/22/2009 by Batiyah Yisrael It sounds too good to be true, doesn’t it? To have the whimsical student loan fairy automatically and effortlessly wipe away $25,000 of your school loan. Wow, I caught myself daydreaming a bit there. As unbelievable as it sounds, there is a student loan company who is doing just that. [more...]
Date: 2009-07-22 12:02:58
How To Set Up A Budget And Stick To It
One of the most obvious and easy ways to save some extra cash is to change some of the way you use products and items in your everyday life. The key is to make minor changes. You should have a budget and stick to this. This may be easier than you think it is. Get to know how much your income is and how much your expenses are every month. Your income may be more then you think it is when you include every source of income like a second job that you might have. Adjust expenses. [more...]
Date: 2009-09-07 18:44:10
New Year?s Resolutions for the Credit Crisis
“Finish each day and be done with it,” said Ralph Waldo Emerson. “You have done what you could. Some blunders and absurdities have crept in ... institutions on mergers and acquisitions. The credit crisis exposed a major fault in short-term– ... when they couldn’t get any more credit lines. In November, banks afraid of a repeat performance of those [more...]
Date: 2008-12-31 10:02:00
Media Release: Constellation Selling its Value Spirits Brands for $334 Million
· Increases focus on higher-margin mid-premium spirits brands· Leverages existing infrastructure to improve efficiencies· ... . , the world’s largest wine company and a leading international producer and marketer of beverage alcohol ... Sazerac Company, Inc. for $334 million, subject to closing adjustments. The transaction is subject [more...]
Date: 2009-01-12 15:19:54
Words from the investment wise June 14, 2009
Words from the (investment) wise for the week that was (June 8 – 14, 2009) “Words from the Wise” this week comes to you in a shortened format as “day-job” responsibilities precludes me from doing a comprehensive commentary. However, a full dose of excerpts from interesting news items and quotes from market commentators is provided. Signs of stability characterized trading on financial markets during the past week. [more...]
Date: 2009-06-14 16:51:32
Manipulation: How Financial Markets Really Work
by Stephen Lendman Global Research , May 29, 2009 Wall Street’s mantra is that markets move randomly and reflect the collective wisdom of investors. The truth is quite opposite. The government’s visible hand and insiders control markets and manipulate them up or down for profit – all of them, including stocks, bonds, commodities and currencies. [more...]
Date: 2009-05-30 09:39:03
Wall Street Breakfast: Must-Know News
Will $180B do the trick? The world's central banks unveiled an initiative to flood global money markets with dollars, ... with outstanding loans when the music stops. On Wednesday, the cost of insuring U.S. government debt against ... by the need to consolidate to overcome a global credit crunch, and by shares that trade at unprecedented [more...]
Date: 2008-09-18 11:19:52
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
College Loan Slavery: Student Debt Is Getting Way Out of Hand
I have seen this first hand. No one holds a gun to these people's heads. They don't understand sacraficing now to have more later ... debt. And don't get me started on all the credit card kiosks around campuses. Only fools get those ... into a pit of debt from which many will never recover. Raya Golden thought she was handling college [more...]
Date: 2008-11-12 13:25:34
Home equity line for real estate investing?
by Doc Schmyz If you own your home you have a financial resource available to you that can help you with your financial needs or concerns. What is it? HOME EQUITY! Home equity is the value of your home minus the remaining mortgage balance which is outstanding. While you live,and sleep in your home worrying about debts or wishing you could refurnish the living room you may be sitting on the cash that will grant your wishes. [more...]
Date: 2009-07-09 07:56:58
CanWest update
Regular readers will know of my interest (some might say obsession) with the stock market performance of Canadian publishing giant CanWest ... , but with Canadian media in general. We keep hearing that Canada is in so much better shape ... less than a cheap cup of coffee. Yes, it has significant debt, but the company made [more...]
Date: 2008-12-11 00:17:11
Pepsico and AmBev - a Cola and a Beer, Together?
Pepsico and AmBev - a Cola and a Beer, Together? Tony Daltorio, The Investment U Research Team According to a recent research study for the Financial Times prepared by the consulting firm Wolff Olins, the world’s next top brands are set to rise in the east. A strategist at Wolff Olins, Melanie McShane, stated that “It used to be possible to be a global brand by dominating the US market. That’s changing rapidly. [more...]
Date: 2009-07-22 21:10:02
Macquarie’s take on risk arb deals
For everyone who thinks that the job of a hedge fund manager is a piece of cake (I’m not one of those people) ... deals in Canada across sectors, valued at $250m or greater. In this market, we prefer cash deals ... of companies with solid balance sheets and a distinct advantage to consolidate companies hit by rising [more...]
Date: 2008-08-21 10:23:35
6 Things To End Credit Debt!!
6 Things To End Credit Debt!! by Doc SchmyzIn order to get out of credit card debt takes perseverance and willingness to succeed. So whether or not you are being swallowed by the sink hole of credit card debt or you are just starting out to dig yourself into credit card debt – you have to take action before it’s too late in order to be come debt free.The six tips listed below will help you get out of credit card debt…if you use them.1. [more...]
Date: 2009-07-23 12:45:45
Words from the (investment) wise for the week that was (June 8 – 14, 2009)
“Words from the Wise” this week comes to you in a shortened format as “day-job” responsibilities precludes me from doing a comprehensive commentary. However, a full dose of excerpts from interesting news items and quotes from market commentators is provided. Signs of stability characterized trading on financial markets during the past week. [more...]
Date: 2009-06-15 03:11:03
Words from the (investment) wise for the week that was (June 8 – 14, 2009)
“Words from the Wise” this week comes to you in a shortened format as “day-job” responsibilities precludes me from doing a comprehensive commentary. However, a full dose of excerpts from interesting news items and quotes from market commentators is provided. Signs of stability characterized trading on financial markets during the past week. [more...]
Date: 2009-06-14 15:35:27
Fed Market Manipulation, Surmounting The Main Threat To Profits And Protection
In the near-century since 1913, (the year the U.S. Federal Reserve was established) the World’s Reserve Currency, the U.S. Dollar, has lost at least 96% of its purchasing power. Among the many casualties of this Massive Devaluation are Retirees, Investors, and Savers who “stored”, they thought, the fruits of their labors in U.S. Dollar (i.e. U.S. [more...]
Date: 2009-06-29 10:37:02
Manipulation: How Financial Markets Really Work
By Stephen Lendman Global Research Wall Street’s mantra is that markets move randomly and reflect the collective wisdom of investors. The truth is quite opposite. The government’s visible hand and insiders control markets and manipulate them up or down for profit – all of them, including stocks, bonds, commodities and currencies. [more...]
Date: 2009-06-01 13:44:22
23 October SWJ Roundup
QUOTE OF THE DAY On a Southeast Asian front that's vital yet largely unfamiliar to most Americans, some 500 US Special Operations Forces and their Filipino counterparts have been fighting a different, unconventional - and seemingly successful - war against Islamic terrorist groups with links to Osama bin Laden's al Qaida [more...]
Date: 2008-10-23 07:43:30
Liberals force state-run health-monopoly cuts throughout Ontario
Looking for more evidence (see also: Second-rate Liberal health-care in Sudbury, Jim Bradley's hometown) of Dalton McGuinty’s mismanagement of his Liberal-run health monopoly?Let’s look north from St. Catharines, across Lake Ontario, towards Belleville, and examine three recent articles, again, with eerily similar situations to those that St [more...]
Date: 2008-11-15 21:19:00
Clackamas Track & Field alum shine at next level
Six Clackamas alums enjoyed strong seasons in track & field and were recognized at the national level in 2009. Becky Holliday placed 11th at the US National Track and Field Championships with a pole vault of 13’9.25”. Her recent vault of 14-11.5 on July 15 is her personal best and is fourth best in the 2009 USATF women’s rankings. Holliday holds records at the University of Oregon for the indoor and outdoor pole vault, national junior colleges and former NCAA Championships record holder. [more...]
Date: 2009-08-05 18:08:54
Detroit Heads For Bankruptcy; 50 Cities Must "Shrink to Survive"
For Detroit, as with GM, bankruptcy has always been a question of when, not if. Detroit's time is nearly up even as Mayor Dave Bing says I’m fighting to keep city from going broke . Detroit is in danger of running out of cash if the city doesn’t take steps to eliminate a $20-million to $25-million budget shortfall before Oct. 1, Mayor Dave Bing told the Free Press on Thursday. [more...]
Date: 2009-07-24 07:01:00
Why this Conservative Government Deserves Defeat
the announcement that Arthur A. Levine at Scholastic would be buying her novel Plain Kate, and we’ve been unable to really enjoy that news what with being so sick. And the day that she’s actually feeling good, this happens? It’s almost like some crazy see-saw attempting to make things balance out [more...]
Date: 2008-11-29 20:59:43
Understanding and Solving This Economic Crisis
I don’t claim to be a financial expert at any level, but I do feel like I have somewhat of a grasp on what is going on in our economy recently. I’d invite some of our other contributors to jump in and add their knowledge as well, so we can get as complete a picture as possible here [more...]
Date: 2008-09-17 21:14:46
Nepotism & the Larijani Dynasty
Nikahang Kowsar’s “Three Musketeers.” Roozonline By MUHAMMAD SAHIMI in Los Angeles | 20 Aug 2009 Before the 1979 Revolution in Iran, one of the main grievances against the Pahlavi dynasty and Shah Mohammad Reza Pahlavi was nepotism. The charge was largely true. The Shah, his family, and a small clique of supporters and puppets — consisting of a few hundred families — controlled the vast resources of the state. [more...]
Date: 2009-08-20 16:24:26
January 6 - Microsoft Mum? - Logitech Trims 525 - No Apple for 3000 LA Teachers? - Wind Blows Cold for 20% at DMI - 350 Gone at R.L. Stowe - IRS Files Away 711 - Brunswick Sinks 275 - Alcoa Cans 15,200!
Mike: States throughout the country are facing difficult financial times. Some states are running low on operating funds, such as CA ( ... Out Of Cash Video - CBSN…“, posted with vodpod Mike: Not only is Michigan getting crushed ... benefits: * MID-MICHIGAN (WJRT) — (01/05/09)–A Mid-Michigan man has been laid off and is on hold [more...]
Date: 2009-01-06 13:18:38
The Squeeze is On
This article appears in the December 2008 issue of Oilweek.By Peter McKenzie-Brown“I’d rather you didn’t mention the company by name ... financial markets is only the killer blow in a credit squeeze within Canada’s petroleum sector ... debt-induced asset bubble, get squeezed out of further borrowing. A contraction in the growth [more...]
Date: 2008-11-20 15:17:00
Missing Links: Equinox Bound to Fall
John Coltrane ~ EquinoxIsrael to help Muslims carve Quranic verses on Temple MountSunday will never be the same Hamassholes vs AbbassholesDeposed Hamas premier Ismail Haneya on Sunday affirmed that his Islamic movement will consolidate its rule in the Gaza Strip and will not give up control on the territory President Bush "looks forward [more...]
Date: 2008-09-21 10:33:00
What are my bankruptcy alternatives? As the North American economy continues to weaken, and every day we read news of bailouts, ... you budget. If your budget shows that you can afford it, your next step may be to try to get a debt consolidation loan. With a debt consolidation loan you consolidate your debts and make one monthly [more...]
Date: 2008-11-05 18:53:00
Confusing Consumption With Investment
People are now waking up to the fact that what that real estate investment guru was pitching at the seminar wasn’t necessarily an "investment": ... loan rate Purchase prepaid credit card Christian consolidation counselor debt Experian business ... and score Home improvement loan maine Debt consolidation services Credit report credit score [more...]
Date: 2008-06-24 14:10:35
Gates of Vienna News Feed 10/7/2008
The news feed is being published early tonight because both Dymphna and I are leaving and will be out until very late. Tomorrow night we’ll return to the normal schedule.USACongress Opens Hearings on Financial MeltdownJihad Still Threatens United StatesOlice Detonate Suspicious Backpack at MosqueProphet Bride Novel Published in US Europe and the [more...]
Date: 2008-10-08 00:05:00
Stock Market Dictionary - C
CFifth letter of a Nasdaq stock descriptor specifying that issue is exempt from Nasdaq listing requirements for a temporary period ... Dollar.CADSSee Cash Available for Debt Service.CAGRSee: Compound Annual Growth RateCAMPSSee: Cumulative ... for CONGO, THE DEMOCRATIC REPUBLIC OF.CDNSee: Canadian Dealing NetworkCDOSee: Collateralized Debt [more...]
Date: 2009-01-02 16:33:00
MAGNA EXECS: BEEN NICE, BUT PUT ME ON ICE
It’s almost impossible to keep track of the comings and goings of executives at Magna Entertainment, the racetrack spinoff created in 2000 from Frank Stronach’s highly successful auto parts company, Magna International. Magna Entertainment owns numerous racetracks, including Santa Anita Park and Golden Gate Fields in California, [more...]
Date: 2008-07-23 19:03:02
Alan Knowles, Haywood Securities: Finding that Elusive Bottom
Source: The Energy Report Haywood Senior Oil and Gas Analyst Alan Knowles says we haven’t seen a bottom yet, advising investors to watch the large companies when the market strengthens again. Meanwhile, demand continues to slide as OPEC plays catch up on a series of announced production cuts [more...]
Date: 2009-01-05 15:31:26
20 November SWJ Roundup
At the request of the small group of think-tankers I was travelling with, General David McKiernan's headquarters has agreed to release an unclassified version of the ISAF Campaign plan specifically for posting on Small Wars Journal. Things I find particularly interesting in this plan include the upfront acknowledgement that this is a [more...]
Date: 2008-11-20 02:24:18
The History of the "Money Changers"
What we think we already know, but we didn't. Charging interest in the christian world was illegal and punishable, but why is it legal now? Please read. The History of the "Money Changers" By Andrew Hitchcock, 26 Feb 2006.Economists continually try and sell the public the idea that recessions or depressions are a natural part of what they [more...]
Date: 2008-12-13 03:00:00
Yes Sir. No Sir, three bags full Sir!
There is always a stigma about teachers, indeed having attended a lot of parties I reckon I can always spot the teacher and the policeman amongst the crowd, often banging on about how important or wonderful they are, or both. Being a PE Teacher myself I have the misfortune of working alongside self righteous teachers; [more...]
Date: 2008-12-09 09:13:47
GM Acts to Add $15 Billion in Cash through 2009, Protect Against Prolonged US Downturn
The US market SAAR is trending down. Click to enlarge. GM Chairman and CEO Rick Wagoner announced a set of further actions by the company to generate approximately $15 billion in cash through 2009 to protect against its dropping US auto sales and the lowest overall US industry sales volumes in a decade; the weak US economy; [more...]
Date: 2008-07-15 15:14:59
A ‘Christmas Thriller’ by Matthias Chang
The holiday season is usually abound with all kinds of mind-numbing entertainment on the idiot box, befitting the mood and norm of the festivity. Some of us wouldn’t mind sitting through the re-runs which include the likes of “A Christmas Story” that we have watched for the umpteenth times [more...]
Date: 2008-12-24 17:04:55
97 New Ways to Save Money (from DR Readers)
One year ago I wrote an article about 51 painless money saving tips. It was a simple enough article with a bunch of ideas on how to save some money without making huge sacrifices. The response was stupendous. There have been countless comments to the article, and the article has been viewed more than 65,000 times [more...]
Date: 2008-11-16 02:05:25
