Will energy show us that inflation and deflation can occur at the same time?
At the beginning of this decade investment advisor Marc Faber told incredulous investors that rising economic prosperity in Asia signalled the ... the investor class are clamoring for short-term government debt, bank deposits and money market accounts [more...]
Date: 2009-01-11 19:30:00
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Weird Questions
01.If all the nations in the world are in debt(i am not joking. Even US has got debts), where did all the money go? (weird). 02 ... they remember that they forgot? (can somebody help). 16.Can you blow a balloon up under water? (yes [more...]
Date: 2009-01-15 22:45:55
Folly of relying on corporate banking sector for money supply into society
The following letter by Alistair McConnachie, editor of Prosperity UK was the lead letter in The Scotsman newspaper on Monday 12 January 2009, ... people, in order to provide our economy with new money, demonstrates the reality of our debt-based ... into our society (”So what if nothing works?” 9 Jan).The real solution lies in enabling the Bank of England [more...]
Date: 2009-01-15 14:55:54
Cheap and Easy
Lately I've been bad at lunch. There are several scenarios that fall into this category ... the money for other priorities, like paying off debt, updating our home, going on a date ... that cry straight to the drive-thru line at some McNasty fast food chain. A whopping $6 bucks [more...]
Date: 2009-01-15 01:18:00
‘I was abused as a child and sexually assaulted as a teenager’, says model outed …
After living the glamorous life of a jetsetting model and celebrity, Sophie Anderton’s fall from grace was something of a shock. And in a new interview she claims that it was childhood abuse that led her to sell her body for money after racking up a serious amount of debt with drug dealers. The former Wonderbra girl has admitted charging wealthy businessmen £15,000 an hour for sex to fuel her drug addiction. [more...]
Date: 2009-09-29 18:00:55
Democrats ignore recent history/reality, continue to spend money we don't have
The Wednesday edition of the Cedar Rapids Gazette shows a picture of Governor Chet Culver and a headline - a snippet from his state of the state ... budget properly. So now our ignorant of debt Governor proposes borrowing money in the form of issuing [more...]
Date: 2009-01-16 00:08:01
Should I Declare Bankruptcy?
One of our readers, Alicia, asked: I have one Credit Card debt with a balance of $15,000 can not pay the Min amount they want like 3, ... then to have to file Bankruptcy and they get no money it’s all i can sent (not only Debt i have) should ... of my debt within the next 5 - 7 years? There are two reasons for the 5-7 year question. The first [more...]
Date: 2008-11-19 13:59:48
Fiscal Therapy
Getting the economy back on its feet, giving taxpayers a break, saving your retirement fund and your kid's college tuition? Done ... . Today, more and more of us do not have enough money to live on without going into debt. For each dollar [more...]
Date: 2009-01-12 09:26:00
Debt Consolidation with Free Government Grants? One Scam to Avoid
Have you ever seen a commercial or an ad promising “free government grant money? ... can be used for anything, including debt consolidation , student loans, a yacht or just about any ... s doubtful that you’ll find an organization that’s interested in helping you pay off your Mastercard bill [more...]
Date: 2009-01-14 13:23:22
Financial Freedom over 7 Levels
Financial Freedom over 7 Levels By Stephen Chua • January 15, ... which of the seven levels suit you. 1) Enough money to pay off every single red cent owed ... at least half to charity every year and still live debt free. 5) Have enough money to create [more...]
Date: 2009-01-16 04:29:34
Despite Reports, Nortel Operates as Usual
Reports are circulating that Nortel has declared bankruptcy and pieces will be sold off to foreign firms. Company sources say this is untrue ... from encouraging companies and individuals to take on as much debt as they can to abruptly stopping all financing and debt renegotiation. During the dotcom/telecom bubble, VCs poured money into companies [more...]
Date: 2009-01-14 22:14:40
A short note on a payroll tax "holiday"
By TigerHawk at 1/13/2009 09:13:00 AM Should we immediately pump money into the economy via a payroll tax holiday? ... will save most of the money or use it to pay down debt, rather than spend it or invest it an actual project ... debt. Why will it help (more than a little) to move yet more liabilities on to the federal [more...]
Date: 2009-01-13 14:13:00
Collapse and Ruination from Gluttonous Growth
by The Mogambo Guru I was sitting outside, looking up at the stars, and wondering how many planets circle those billions of twinkling lights, ... for repayment until that day when the collection agency finally decides to just write the whole damned ... it to buy the new government debt so that the government could spend the money to satisfy [more...]
Date: 2008-12-18 19:21:05
Weekend Roundup- The Best of Think Your Way To Wealth 2008 Edition
Another one bites the dust! Another year, that is. I started Think Your Way To Wealth in February of 2008, ... to Money? Use Extreme Measures to Eliminate Your Debt or Increase Savings March 30 Ways To Stretch ... With Your Frugality April Lower Your Medical Bills Through Negotiation, Cost Comparison, and Haggling Lies We Tell [more...]
Date: 2009-01-05 04:19:16
Change The Way You Feel About Money
by William Blake Some people spend and some people save. Why is that? Our attitudes and thinking about money determine our spending habits ... dollars. This type of money attitude can lead to a debt burden too big for you to carry. Childhood [more...]
Date: 2008-10-25 22:33:58
Should I Pay Down My Mortgage FASTER ???
Homeowners who find themselves with extra cash may be considering paying down their mortgage. While this can help some people in certain situations, like seniors close to retirement age ... interest rates, to use extra money to pay down high-interest debt and build up an emergency fund. [more...]
Date: 2009-01-16 02:36:39
More Bank Woes: Spreads on Credit Card Securitizations Rise
It isn't surprising to see spreads on credit card debt on the increase. In fact, it might seem odd that it has taken this long ... recourse, than from their credit card debt (yes, refis as opposed to purchase money mortgages ... feel newly emboldened by the bill to try to extract more from credit card borrowers than they would [more...]
Date: 2008-09-02 23:37:14
Fed bets $800 billion on consumers
That $200 billion aimed at spurring consumer borrowing will come from the Federal Reserve Bank of New York, which will lend that money to holders of securities backed by consumer debt, such as credit card debt. ... He said the fact that the Fed and Treasury had to work together to get an additional $800 [more...]
Date: 2008-11-25 19:04:49
Looking for Materials About Iva – Find them Here
The main function of any debt management company consists in helping a person head and ears in debts or a business that is burdened by debts to get rid of all the debts. It does not intend a debt management company giving an other loan to pay back the debts. Instead of providing the loan and thus creating more debts, such a company negotiates with all the credit lenders aiming on consolidating the debts of a client into one affordable sum of money which can be repaid in monthly installments. [more...]
Date: 2009-09-26 15:18:41
The Fed Seeks Ability To Issue Own Debt
The Fed can't get enough money from the Treasury to fund all their ventures, so what do they do? Simple, they request the authority to issue their own debt. If Congress approves this measure ... . One of the great mysteries of our debt-fueled financial system in general and central banking [more...]
Date: 2008-12-10 20:40:49
How To Get Out Of Debt
Once again: The sure-fire way to get out of debt. A simple solution -- stop borrowing money. Don't buy stuff you cannot afford. Imagine life with no payments to make. This is a content summary [more...]
Date: 2009-01-15 06:15:48
Durbin Gets a Clue
Durbin Gets a Clue Posted by HughS Published: January 10, 2009 - 7:40 PM Michael G. Franc at The Corner notes that Senator Dick Durbin ( ... , when taxpayers choose to reduce debt (and personal risk) instead of spending the money we have yet another ... trust a tax cut more than a one time stimulus payment in the same way a politician understands [more...]
Date: 2009-01-11 00:40:56
7 Tips For Blogging Your Way Out Of Your Full-Time Job
While there is a lot of great advice out there for how to start a blog and get it off the ground, ... online when their ass was up against the wall. When they were deep in debt, had little money coming [more...]
Date: 2009-01-15 12:49:43
Learn How to Manage Your Money
by Jim Parker Have you ever wondered why some people seem so financially sound? ... , savings and debt management. Personal finance covers everything involving your money, from knowing ... finance. It is common for people fail to budget and therefore they end up in debt and in financial [more...]
Date: 2009-01-15 19:59:28
Debt Solutions Advisors. Helpful Things to Remember
If you contact a debt managment company your first point of contact will be what are commonly called in the industry as an ‘advisor’. Like all salesman they have one interest; money. It is not uncommon for advisors at debt solutions companies to earn in excess of 50k a year. These people are multilingual in [more...]
Date: 2009-06-15 18:49:35
Newegg.com Files for IPO
Online electronics retailer Newegg Inc., which only operates through the Internet, has decided to file for an initial public offering and raise $175 million. With the money from its IPO, Newegg hopes to repay its debt, expand its operations, and fund capital spending, three essential components for Newegg’s plans. According to the California-based company, Newegg has been profitable every year since its launch in 2001 and has experienced rapid growth since then. [more...]
Date: 2009-09-29 03:03:28
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
Debt Consolidation Mortgage Refinance - Pros And Cons
Amazon.de Widgets Many people are in need of a strategy for paying back their loans. Some people just need a point in the right direction in order to get on the right track. Sure, if we had piles of money lying around our living rooms, paying off our debts wouldn’t be an issue. Since that is not the case, unfortunately, we must weigh all of our available options in order to find the one that best caters to your financial needs. [more...]
Date: 2009-09-23 18:25:44
Sensible Debt Collection
This post has been republished from the SitePoint Tribune #427 ... Now, your further action could be sending it to a debt collector, asking your lawyer to become involved ... now either receive your money, or you won’t. The beauty about using a debt collector or tribunal [more...]
Date: 2008-12-21 23:14:08
How to Use Social Media Marketing to Get Through this Financial Crisis
One of my favorite ways to get free targeted traffic to my websites is through video marketing ... , Multi Level Marketing, Internet Marketing, Mlm Training, Saving money on taxes, debt elimination [more...]
Date: 2008-10-28 14:38:27
Review: Scratch Beginnings
Every other Sunday, The Simple Dollar reviews a personal finance book. ... significant debt - they simply aren’t bringing in much money, and they have to be creative [more...]
Date: 2009-01-11 20:00:08
Report: SEC Could Bring Enforcement Action Against Reserve, Bents
Problems are mounting for the Reserve Fund company, whose founder invented the money market fund in the early 1970s ... Lehman debt that the Reserve fund held to decline to zero.) Another suit was filed against ... A Reserve spokeswoman declined to comment to WSJ. Harvey Wolkoff, a Ropes & Gray lawyer who’s bringing [more...]
Date: 2008-12-24 10:58:00
Report: SEC Could Bring Enforcement Action Against Reserve, Bents
Problems are mounting for the Reserve Fund company, whose founder invented the money market fund in the early 1970s ... Lehman debt that the Reserve fund held to decline to zero.) Another suit was filed against ... A Reserve spokeswoman declined to comment to WSJ. Harvey Wolkoff, a Ropes & Gray lawyer who’s brining [more...]
Date: 2008-12-24 10:58:00
Scariest Movie of the Year: IOUSA
I read about “IOUSA” a few weeks ago in Money Magazine, but it’s not yet on DVD ... with debt. Although it does reference individual debt as one of the problems of our overall economy, the primary focus is on our national debt and national deficit. The deficit is the difference between [more...]
Date: 2009-01-13 23:56:27
Hopeless Economists
Hopeless Economists December 1st, 2008 By MICHAEL SILVERSTEIN I had a simple notion to help ease the economic crisis ... , Namely, that consumers might not spend the extra money they get but save it or pay down debt ... . And the mechanism to do this? Suspend the payroll tax for a year and pay Social Security benefits [more...]
Date: 2008-12-01 21:48:40
Debt Is Robbing From The Future
Prime Minister Gordon Brown has now stated the obvious by finally agreeing with bankers that the world seems to be heading into a recession ... , the Bible understood that debt is something that should be avoided wherever possible. Proverbs 22:7 says ... approach to money management, many Christian leaders have argued, is to avoid debt like the plague [more...]
Date: 2008-10-25 03:28:30
The Economic "Stimulus"
The Economic "Stimulus"by Thomas Sowell Two centuries ago, when there were plans to create a huge fund of money to pay off Britain's national debt, the great classical economist David Ricardo [more...]
Date: 2009-01-09 21:29:00
Paying off debt
I wish it wasn’t like this but money has a lot to do with simple living ... the life you want. Back in my spending days, credit card debt and a mortgage were normal parts [more...]
Date: 2008-08-18 06:38:00
Over Stimulated
Here is the headline that grabbed my attention this morning: House Democrats propose $825 Billion Stimulus Bill. I was completely floored ... to be a million (or trillion) years ago. We added 7/10th of a Trillion in debt last year just on the bailout ... question and concern for me. Much of our debt is owed to countries like China. When we owe money [more...]
Date: 2009-01-15 15:20:00
Bright Future With Bills IQ's Help
Last year we almost declared bankruptcy because we have money and mails trouble ... consolidation to cut off our debt or just a lower interest rates every month. It feels good when you get help and you can have a Debt relief and sleep better at night. Everything is really great [more...]
Date: 2008-07-28 05:13:55
Debt, Savings, and the Balance Are Not One Size Fits All
If there is one thing I’ve learned through my very public journey out of debt and towards being a financially responsible individual, ... that money at my student loan. But no matter how many times I am told a $1000 emergency fund [more...]
Date: 2009-01-12 16:17:02
Makers of Crap Sandwich Now Pitching It With 10-Percent More Corn
The big three automakers are back in Washington, trying to convince Congress to give them your hard-earned money so they can keep afloat businesses ... refinance their companies' debt, cut executive pay, seek concessions from workers and find other ways ... changes, including the elimination of lavish executive pay packages and assurances that taxpayers [more...]
Date: 2008-12-02 12:57:12
The Stimulus Bill
The full proposed stimulus bill in .pdf can be found (via CNN) here. Page 214 begins Title XII on Transportation and HUD ... and Economic Development Act of 1965, as amended (42 U.S.C. 3161):" $6 B for transit capital assistance ... debt service $0.3 B for Amtrak capital cost The money for transportation is less than [more...]
Date: 2009-01-15 22:14:54
Credit Crisis Prompts Upheaval at Buyout Firms
P.A.I.’s management revolt over the summer shows how private-equity executives are feuding over power, money and strategy after the credit crisis shut off the debt financing used to make acquisitions, Bloomberg News reported. Dominique Megret’s exit from P.A.I. follows the departure this month of Jon Moulton from Alchemy Partners, the London-based firm he founded 12 years ago, after a dispute over investment strategy. [more...]
Date: 2009-09-29 08:53:46
The Economy is a Lie, too
Dr. Roberts is a former assistant Secretary of the Treasury, so he knows whereof he speaks on economics issues. And, for the record, he was equally scathing of economic policy under Bush II’s regime. Flashback: US credit shrinks at Great Depression rate prompting fears of double-dip recession | Nassim Taleb on the economy: ‘We still have the same disease’ | Flaherty sees deficit, debt, and timetable to return to surplus all expanding | Investors dump money market funds | Scotiabank: [more...]
Date: 2009-09-22 12:19:52
Heavy Discussions
We had lay-offs at work yesterday. (I know, not a good idea to blog about work - but since that statement probably pertains to about 90 percent of ... and, having solved the problem, turned back to his TV show. Gotta love the innocence ... . No more money? Just print some more up! Add it to our debt! However, politicians thinking this way [more...]
Date: 2009-01-15 02:59:00
Unemployed to reach postwar high: OECD
Well, you’re going to be unemployed for years, but the biggest banks are making record profits, so the economy is doing fine, just a little slow, or so we’re told. Recent: US credit shrinks at Great Depression rate prompting fears of double-dip recession | Nassim Taleb on the economy: ‘We still have the same disease’ | Flaherty sees deficit, debt, and timetable to return to surplus all expanding | Investors dump money market funds | Scotiabank: Global economy set to recover, China and [more...]
Date: 2009-09-16 11:31:21
Electric Automobiles, Cleantech, and $40/BBL Oil
Electric Automobiles, Cleantech, and $40/BBL Oil Posted on: January 14th, ... have belatedly realized that accumulating debt is the same thing as spending money, they are only [more...]
Date: 2009-01-14 22:16:48
Reader Mailbag #30
Each Monday, The Simple Dollar opens up the reader mailbags and answers ten to twenty simple questions offered up by the readers on personal finance ... if it would be a smarter idea to take the money I would be investing to continue paying off my debt over the next 6 months, after which I will have eliminated my credit card debt and half of my [more...]
Date: 2008-09-29 14:00:56
I Will Teach You to Be Rich
Personal finance blogs are all over the place! Technorati says there are over 800 personal finance blogs. So how the ... Love Not Debt (43) Mighty Bargain Hunter (37) Everybody Loves Your Money (28) Wheaties ... (18) No Credit Needed (17) Experiglot: Experiments in Finance (15) Single Ma’s Fabulous Financials [more...]
Date: 2009-01-09 18:03:29
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