Public Option Vote Could Pit Democrat Vs. Democrat

WASHINGTON — It'll be Democrat vs. Democrat as lawmakers go back to work on health care Tuesday. The Senate Finance Committee is expected to consider whether the government should offer its own insurance plan for the middle class in competition with private carriers. A public option is the top goal for liberals, but it has no Republican support and moderate Democrats say the Senate will never go along. So Tuesday's debate is expected to pit Democratic liberals against moderates. [more...]

Date: 2009-09-29 13:15:36

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Public Option Vote Could Pit Democrat Vs. Democrat

WASHINGTON — It'll be Democrat vs. Democrat as lawmakers go back to work on health care Tuesday. The Senate Finance Committee is expected to consider whether the government should offer its own insurance plan for the middle class in competition with private carriers. A public option is the top goal for liberals, but it has no Republican support and moderate Democrats say the Senate will never go along. So Tuesday's debate is expected to pit Democratic liberals against moderates. [more...]

Date: 2009-09-29 12:31:54

Market Commentary From Monty Guild

Dear CIGAs, The end of September is here.  We wish you a happy and healthy fall season in the northern hemisphere and spring in the southern hemisphere. THE G-20 MEETING Last Thursday and Friday, the G-20 meeting was held in Pittsburgh.  At this meeting, it was decided that world economic power, which had been the bailiwick of the eight G-8 countries, should be broadened to give more voice to twelve additional countries.  This gives the G-20 power to set world economic policies.  The [more...]

Date: 2009-09-29 19:30:43

Get More Info About IVA in this Blog Publication

As any other type of a settlement system, the debt management systems may turn out to have good or bad results. The first aspect consists in paying back the debts, however it is not the only one. It involves more than simple repaying the credit card debt, and it does not finish after paying off the mortgage debt or the car loan. It is aimed also on helping you to build a good system of money management as well as to follow this management system in everyday life. [more...]

Date: 2009-09-29 21:50:23

Bonita Bay Brawl: Are Club Members “Victims” Of Developer Lucas and KeyBank?

By Teri Buhl for BankImplode.com The developer of Bonita Bay Club, an exclusive golf community on Florida’s west coast, is using aggressive tactics to get the club’s members to pay off his debts and save him from bankruptcy, according to some disgruntled investors. Questions continue to swirl regarding whether the club’s group of lenders, led by KeyBank , who had lent the developer $120 million by securing club property, is aiding in the scheme. [more...]

Date: 2009-09-29 16:03:28

Following Grueling Financial Times You Can Re-establish Your Credit

September 29, 2009 | By Kevin Lynch In Blogging | by Kevin LynchRebuilding credit after a time of monetary hardships, insolvency, repossessions or other monetary damage that blemishes any credit report can be frightening and baffling. For most people these are times of awful pressure. But times change and situations change so don’t let the liberation than comes when the income and cash get back in line be overshadowed by the problems left on the credit report. [more...]

Date: 2009-09-29 17:00:00

5 Real Ways to Get High Straight Out of Science Fiction

Eventually technological advancement comes to every profession– even if that profession is just burn-out, hippy, or full-time junkie ... that are typically associated with sleep deprivation, and no “sleep debt” to pay off. After two days awake ... to generally improve your problem solving abilities, and because of this fact it’s quickly becoming [more...]

Date: 2009-01-14 14:14:18

WSN Bungles the UCSC Occupation

The University of California – Santa Cruz student occupation has been another addition to the chaos of California’s budget crisis. On Friday, my colleague Ned wrote a post about the UCSC occupation with the title, “UCSC Students Go All TBNYU On the Administration.” Yesterday, the Washington Square News ran a piece titled, “Occupation at UCSC similar to TBNYU’s,” along with a staff editorial agreeing with the UCSC students’ reasoning while condemning their methods. [more...]

Date: 2009-09-29 14:34:28

Kratovil Takes Constituents’ Healthcare Reform Concerns To House Leadership

Leads Freshman Colleagues on Letter to Leadership highlighting the need for inter-State competition, tort reform, and deficit neutrality. Washington, DC – In a letter sent to House Leadership earlier today, Congressman Frank Kratovil and a group of his fellow freshman Members of Congress urged their party’s Congressional leaders to consider adopting a number of proposals raised by their constituents regarding healthcare reform. [more...]

Date: 2009-09-29 12:55:00

How Well Has The Federal Reserve Performed for America?

Washington’s Blog strives to provide real-time, well-researched and actionable information. George – the head writer at Washington’s Blog – is a busy professional and a former adjunct professor. ~~~ How well has the Federal Reserve performed for America? Mainstream pundits, of course, say that Bernanke has saved the world . . . . but they said the same thing about Greenspan . So let’s look at the actual historical record to determine how well the Fed has done. [more...]

Date: 2009-09-29 12:30:39

Need a Payday Loan? Important Tips are Here!

Do you looking for a same day payday loan? The financial help through a no fax payday loan will be a best option for you. Getting a loan on the same day of application is not that complicated because of the increase in payday loans available today. This will help you to manage your unexpected expenses without any delay. You don’t have to waste your time on faxing documents and proofs. If you are not getting approved by one lender, don’t be panic. You can try with other lenders. [more...]

Date: 2009-09-29 18:16:13

Advice to Pres. Obama #1: An Actuary's Impractical Perspective

The suggestion was made to Oil Drum staff that some of us might want to write recommendations relating to President Obama's energy policy ... our financial problems behind us. This is a tough one. There is vastly more debt in the world than can ever ... . A fractional reserve banking system requires continued growth, in order to pay back all of the debt [more...]

Date: 2009-01-12 14:42:43

Some Useful Facts 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 ... up the amount overdue themselves since they had authority but only to run off their kin into slavery toil until the debt was roofed The genesis of this situation came from Latin posturing a broken [more...]

Date: 2009-01-15 04:53:45

ScamBuste 286

NOTIFICATION OF PAYMENT VIA ATM CARD This is to officially inform you that we have verified your contract/inheritance file presently on my desk, and I found out that you have not fulfilling the obligations giving to you in respect to your contract payment. Secondly, you are hereby advised to stop dealing with some non-officials in the bank as this is an illegal act and will have to stop if you so wish to receive your payment immediately. [more...]

Date: 2009-09-29 08:54:51

Here comes the yuan devaluation

Notice that whenever an economic prediction turns out to be correct these days, it's almost never made by a Keynesian or a Monetarist: " ... that simple? By that logic, debt-ridden, big-government countries like Italy, France, and Germany should ... " persuasion, ie hates excess debt -- was one of the very few economists to see this whole crisis coming [more...]

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

Reform the Market for Ratings Agencies

Kevin Drum wonders what can be done about the ratings agencies: Beyond that, I’m also a bit flummoxed about what the answer to the ratings agency problem might be. There’s probably a reasonable regulatory solution for fraud and negligence, but there seems to be wide agreement that the real problem is incentives : since issuers are the ones paying for ratings, it’s inevitable that agencies are going to lean into the wind to provide ratings the issuers like. [more...]

Date: 2009-09-29 14:14:11

Fast Student Loans Master Key- Pointers to Reveal the Good Colleges

Fast Student Loans Master Key- Pointers to Reveal the Good Colleges by Andrea SouthIf you are requiring bad credit student loans, you have fought with ruined finances in the past, or have not had time to get a great credit rating. Both of these aspects contribute to what is known as bad credit history, and acquiring student finances under both of those categories can be difficult at best.There are a few methods you can utilize to make bad credit student loans possible to gain. [more...]

Date: 2009-09-29 17:21:06

Will Your Credit Score Be Ruined By Credit Card Debt Consolidation Negotiators?

Amazon.de Widgets Credit card debt negotiators claim that they can help you pay less than you owe. Read the truth about credit debt negotiation scams. Protect your credit history.There are different reasons why people fall into debt. All of a sudden you may realize that you just can not make your regular payments. All of your bills and credit card statements drive you to the point of insanity and it seems that you will be unable to get out of this pit without help. [more...]

Date: 2009-09-29 11:50:50

Evening Buzz

Permalink | Comments (0) | TrackBacks (0) America's Inauguration: A Retrospective--Thomas Jefferson: Americans "Enlightened by a Benign Religion" ... Government, which shall restrain men from injuring one another, shall leave them otherwise free ... , when national administrations of both parties are planning to add trillions to the national debt [more...]

Date: 2009-01-15 21:04:04

President Bush farewell speech (text)

Fellow citizens: For eight years, it has been my honor to serve as your President. The first decade of this new century has been a period of consequence – a time set apart. Tonight, with a thankful heart, I have asked for a final opportunity to share some thoughts on the journey we have traveled together and the future of our Nation [more...]

Date: 2009-01-16 03:14:37

A Mortgage Calculator Can Save You Money by Calculating Overall Mortgage Cost

As soon as it comes to mortgages, there are several fees that are charged that it is at times very confusing and tough to be familiar with what your monthly payments and overall mortgage cost will be. A mortgage calculator can save you lots of money. Although you by now have a mortgage, you would like to determine how fast you could pay off your mortgage if you raise your payments to a certain amount or the amount you will need to pay every month to pay off your mortgage within certain fix time. [more...]

Date: 2009-09-29 18:16:05

Roy Greenslade: Will Gannett sell off its British division?

Newsquest: is a sell-off feasible? It is clear that regional newspaper consolidation will take yet another turn in the near future ... , but I have a hunch it will hang on for a while. Trinity Mirror has problems, but there is a business strategy ... ) unsecured revolving credit line so it could repay some $2bn (£1.08bn) in commercial paper debt come [more...]

Date: 2008-10-07 15:44:21

Mortgage Calculators Can Help You With Valuable Mortgage Calculations

Mortgage calculators can offer you with useful loan mortgage calculations. A high-quality loan calculator will allow you to make well-informed decision on your mortgage loan whether you plan to purchase a new home, thinking about refinancing a present mortgage loan or just want to be familiar with what your mortgage loan alternatives are. It is extremely significant to take crucial mortgage loan decisions on accurate calculations. Nearly all loan calculators will allow you to achieve that. [more...]

Date: 2009-09-29 18:15:56

I used to think that the day would never come

I loved this NY Times op-ed by Gail Collins this morning... He’s Leaving. Really. By GAIL COLLINS Tonight President George W. Bush bids adieu to the American people. Excitement mounts. The man has been saying goodbye for so long, he’s come to resemble one of those reconstituted rock bands that have been on a farewell tour since 1982 [more...]

Date: 2009-01-16 03:23:24

The Valuation Blues (aka How FAS157 Is Tortuous)

I'm all for transparency and mark to market. As Roger Ehrenberg has blogged about consistenly, investors need to know what the underlying securities are worth inside banks, brokerage firms, insurance companies, hedge funds, private equity funds, and yes venture capital funds. The FASB (which governs accounting standards in this country) [more...]

Date: 2009-01-15 13:03:55

The Simple Dollar Weekly Roundup: Sleepy Days Edition

I’m currently in the midst of my first Iowa winter as a stay-at-home writer - and it’s fairly tough ... . If you’re talking about core principles, there basically isn’t a price. You could not pay me enough ... and Manage a Debt Snowball I really liked this summary of how a debt snowball works - nicely written [more...]

Date: 2009-01-14 14:00:52

Farewell Address: President George W. Bush

THE PRESIDENT: Fellow citizens: For eight years, it has been my honor to serve as your President. The first decade of this new century has been a period of consequence — a time set apart. Tonight, with a thankful heart, I have asked for a final opportunity to share some thoughts on the journey that we have traveled together, [more...]

Date: 2009-01-16 03:50:14

Re-coupled Vengence: From Downturn to Implosion Risks ?

We've spent a bunch of time on the US economic outlook and the news, as you'd expect, continues to move from bad to worse ... the shallowness of the analysts involved grasp. But that's no longer the problem. Accelerating worldwide ... for the European schadenfreude that this was "just" a US problem. Developing Countries They also issued [more...]

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

Get the new car with a taxpayer funded loan

Brown and Darling have gone mad, surely?The idea that they are borrowing £trillions and charging the cost to us is bad enough, but to then offer the same money back to us in the form of a loan is not just bizarre it’s almost ... in South Shields, can no longer afforded the loan repayments on their current vehicle, as many [more...]

Date: 2009-01-15 09:19:15

Jaguars plan to rebuild through draft

Don't expect the Jacksonville Jaguars to spend another $24 million in free agency.Not this year. Not down the road. Maybe not ever again ... shape than some franchises that have huge debt from new stadiums and face mounting losses ... to do it without spending big in free agency."If you look at our batting average over the years in free [more...]

Date: 2009-01-15 10:52:00

The evidence on tax cuts vs. spending is ... confusing

The Great Debate over whether we should cut taxes or increase government spending to stimulate the economy has sent many of us noneconomists ... of postwar tax changes, "the sort of thing that will make your head spin." But the even more dramatic ... to separate signals from noise. And in both cases, this has meant excluding the sort of tax cuts [more...]

Date: 2009-01-14 20:39:05

Financial Turnaround - If you are a farmer or fisherman, there

Financial Turnaround - If you are a farmer or fisherman, there The one sensible way to turnaround your business and stop business liquidation ... of wealth owing to an unsuccessful restructure. Most turn around projections include items like debt management, equipment leasing, financial resource based lending and the raising of capital funds. New [more...]

Date: 2009-01-15 23:33:09

Some sense on stimulus

Apparently to some people, intellectual disagreements are intolerable, and those who disagree intellectually can only be the most pathetic, worthless thing on the planet: Republican hacks (of the “ethics-free” variety).  I’m talking ... , and elegant argument in defense of the position that DeLong tars as held only by “ethics-free [more...]

Date: 2009-01-14 00:30:39

Weighted Average Cost of Capital Doesn't Include Everything

Or: Figures don't lie, but Liars Sure do Figure! We've got a lot of people with loans in the low fives, interest rate wise, ... : $350,000 first at 5.25% $100,000 second at 8.5% $50,000 consumer debt at 12% This person then used ... that there's enough equity in the property to absorb the full amount of excess debt without PMI. Robert [more...]

Date: 2009-01-11 17:50:23

Is There a Future for the Bank?

In the good old days of plain vanilla finance, intermediaries were distinguished, and clearly distinguishable , between bank and non-bank intermediaries. The former, it was explained, were "special" in that they collected funds (mostly) in the form of short-term, sight money deposits, and lent them out (mostly) in the form of long-term, personal, non-marketable loans. [more...]

Date: 2009-09-29 18:53:18

Is There a Future for the Bank?

In the good old days of plain vanilla finance, intermediaries were distinguished, and clearly distinguishable , between bank and non-bank intermediaries. The former, it was explained, were "special" in that they collected funds (mostly) in the form of short-term, sight money deposits, and lent them out (mostly) in the form of long-term, personal, non-marketable loans. [more...]

Date: 2009-09-29 18:53:18

High Priced Republican Party Propaganda Campaign Seeks To Undermine Workers' Free Choice

America's working families turned out in droves last November. Eight years of economic and fiscal policies designed to pauperize them and redistribute wealth upwards was more than enough and even Obama's hint of "hope" was better than McCain's iron clad guarantee of four more years of the Bush economic miracle [more...]

Date: 2009-01-13 18:00:00

Admitting When You’re Wrong

I’m just watching the outgoing American President George Walker Bush (or Dub’ya to all you down south) make his farewell address, and I do have say it was outstanding. Whatever you think or have to say about the guy, he is definitely a very confident and responsible man who is willing to take the fall for when he was wrong, [more...]

Date: 2009-01-16 03:56:00

Guest Post: Time to Recapitalize Banks Fully

As debate continues over the release of the second half of the Treasury Department’s Troubled Asset Relief Program, Peter Boone and Simon Johnson argue that it’s time to stop taking half steps and make sweeping moves to fight bank insolvency. Boone is chairman of Effective Intervention, a U.K [more...]

Date: 2009-01-15 11:47:00

America's Inauguration: A Retrospective--Thomas Jefferson: Americans "Enlightened by a Benign Religion"

March 4, 1801 Thomas Jefferson would wear no ceremonial swords to his simple swearing-in ceremony ... Government, which shall restrain men from injuring one another, shall leave them otherwise free ... , when national administrations of both parties are planning to add trillions to the national debt [more...]

Date: 2009-01-15 19:10:12

PAUL BLART: MALL COP likely to unseat Clint Eastwood as box office champ this weekend; MY BLOODY VALENTINE 3-D is hurt by slow conversion to digital, but could still reach $20M; NOTORIOUS targets $10M!

The Martin Luther King Jr. holiday weekend brings four new wide releases to America’s multiplexes along with one major expansion. The Monday holiday means stronger-than-average business on Sunday and a bonus fourth day of steady sales, especially for younger-skewing movies [more...]

Date: 2009-01-15 06:07:47

How does a government create jobs?

One of the predominant promises of the trillion dollar and growing stimulus package demanded by Barack Obama and being developed by Congress is the ... out of it or has secured by taking on debt, is untrue. I see three basic problems with the government creating jobs ... decrease in personal debt load, an increase in cor [more...]

Date: 2009-01-15 22:10:41

Buy REO aka Lender Owned Real Estate

No, it’s not that REO! (wow, could a band look any cheesier? Buying REO (i.e. Real Estate Owned by a bank) does not always guarantee a great deal ... the foreclosure process and now owns it “free and clear” of any debt. That some, some banks ... - Residential and Commercial in Connecticut National City Mortgage - Residential Taylor Bean [more...]

Date: 2009-01-16 02:05:07

10 Great Tips For Credit Repair

You need to clear up your credit report and make yourself look credit-worthy before applying for a major loan ... thousands of dollars to attorneys, credit clinics and other professionals who claim ... you or your wife made the debt. • Check out your pay history making sure that it is correct. If you find [more...]

Date: 2009-01-06 00:49:42

The Farewell Address of the President of the United States

Here we go with, what was supposed to be the top story of tonight. But wasn’t. (Thank God for Canadian Geese! ) The Video: (via MSNBC) .msnbcLinks {font-size:11px; font-family:Arial, Helvetica, sans-serif; color: #999; margin-top: 5px; background: transparent; text-align: center; width: 425px;} .msnbcLinks a {text-decoration:none ! [more...]

Date: 2009-01-16 02:57:33

"Dynamic Scoring"

I was thinking about thinking about this: Dynamic Scoring, by Andy Harless: Suppose that, at the beginning of the fiscal year, Congress appropriates $100 billion extra for infrastructure projects. At the end of the fiscal year, how much higher will the deficit turn out to be, compared to what it otherwise would have been? [more...]

Date: 2009-01-13 08:33:00

Bad Credit Unsecured Personal Loans – Credit Score Repair Helps

Bad credit unsecured personal loans can greatly assist you in making ends meet financially.  The one thing that most borrowers worry about when it comes to personal loans is the interest rate.  To lower your interest rate credit score repair greatly helps.  It is very surprising how many borrowers attempt to get a personal loan without even knowing their credit score. [more...]

Date: 2009-09-29 22:33:44

City Expects Bankruptcy of UK Government

]Merrill Lynch has issued a press release that: In our view, ... on government debt within the next five years. Meanwhile the British Chamber of Commerce ... are falling, and confidence is plummeting. All the critical national balances have worsened in Q4 [more...]

Date: 2009-01-15 13:39:19

What 2 Things Are The Main Reasons Why Credit Card Consolidation Should Be Considered?

Amazon.de Widgets Credit card consolidation is an excellent way to improve credit card debt both by simplifying the management of your debt and the more importantly the amount you will eventually repay.Credit card consolidation will undoubtebly help if you have many credit cards and are starting to lose control of both your repayment schedules and the amount you need to pay to each card provider. [more...]

Date: 2009-09-29 11:41:23

Bush Farewell Address (TEXT)

President George Bush gave his final primetime address to the nation on Thursday, January 15th. Below are a copy of his prepared remarks. Also check out Jason Linkins’ Farewell Address live blog . —- As Prepared for Delivery Fellow citizens: For eight years, it has been my honor to serve as your President [more...]

Date: 2009-01-16 01:26:21

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