Optimal Fiscal Policy with a Liquidity Trap and Gridlock

Robert WaldmannI'm still thinking about Krugman's excellent little model which gives the very clear result that optimal macro policy implies that ... for Government consumption (G) sooner or later so they don't count the federal debt as part of their net [more...]

Date: 2009-01-13 10:19:00

Blog posts (142) | Videos (27)
 

Why 2009 Will Be a Fantastic Financial Year For Me

J.D. is on vacation. This is a guest post from Katrina Ramser, a freelance writer who contributes to various websites, newspapers and magazines ... credit card and student loan debt. Inspired by Ramsey’s toughness, I made $450 monthly debt payments [more...]

Date: 2008-12-29 13:00:35

President Bush Doesn’t Care About Black People

Dec. 8, 2008: President George W. Bush kisses one of the children attending the Children’s Holiday Reception and Performance with first lady Laura Bush in the East Room of the White House in Washington, DC. The reception is for children whose parents are serving in the military and cannot be with them for the Christmas holiday [more...]

Date: 2009-01-14 08:47:09

The Kool Aid They’re Drinking In Florida

The Charlotte Sun reports from Florida. “The annual Fishkind Report released Tuesday by Attorneys’ Title Insurance Fund projects Florida’s economy to rally last among all states, and possibly not until 2011. All Florida housing markets will be down through 2009, according to the report [more...]

Date: 2009-01-08 17:20:54

Riga 2009, Buenos Aires 2001

Chalk up another in a string of neo-liberal economic failures ... in the old city above levels found in Berlin. Over 85% of all household and corporate debt in Latvia was contracted in foreign currencies, a proportion similar to Argentine dollar debt before [more...]

Date: 2009-01-15 00:12:47

Retailer’s Credit Cards: What Are They, And Should You Have Them?

by Steven J. Talrechi The ads for them are everywhere ... for the next two years. This sounds like a great deal; however, if you can’t pay off the balance ... scenario is not to get into debt with these types of purchases at all and instead pay cash [more...]

Date: 2009-01-14 15:19:57

Dandelion SaladBy Mike Whitney January 16, 2009 “Information Clearinghouse“There’s no guarantee that Obama’s stimulus package will work, but there is growing consensus that something has to be done…and fast! The economy is contracting faster than anytime since the 1930s [more...]

Date: 2009-01-16 02:25:29

How "Something For Nothing" Ideas Become Policy

Leaders all over the world are now in an Undeniable Shift to Keynes even though every such attempt in history has failed ... a generation with having to pay off British debt.Jürgen Stark, an executive board member of the European [more...]

Date: 2009-01-02 08:49:00

5 Expenses You Can’t Afford If You Have Credit Card Debt

You need to cut down your monthly expenses and live frugally if you ever want to get out of debt ... to a low interest credit card or apply for a debt consolidation loan If you still doubt in what I say ... . Let’s assume you have a $20,000 in credit card debt and you current minimum payment is around [more...]

Date: 2009-01-13 20:52:59

Jerald Robinson, December Junior Day Raised Buckeye Interest

Jerald Robinson, December Junior Day Raised Buckeye Interest After a December visit to Ohio State for one of their Junior Days, Canton South wide receiver prospect Jerald Robinson's interest in the Buckeyes grew dramatically. He was able to see the team practice and do drills prior to their trip to Arizona for the Fiesta Bowl [more...]

Date: 2009-01-14 22:33:13

The World Bank and the Spread of the American Empire

The World Bank and the Spread of the American Empire By Dene McGriff I must confess to being a “cog” as in the “cog” in a machine. Did I know I was? Nope, but I have gradually come to see that I was a “cog” in the building of the American Global Empire. Please don’t get mad at me for my confessions, for I certainly didn’t realize it at the time [more...]

Date: 2009-01-15 06:31:10

Are Retailer’s Credit Cards A Good Idea?

by Steven J. Talrechi The ads are nearly inescapable ... , with one caveat. If you don’t completely pay off this retailer’s credit card within those two years, you’ll ... for these purchases in full upfront, use a traditional credit card instead and pay off the balance [more...]

Date: 2009-01-15 15:48:04

Home equity line of credit: Do you really want one?

by Doc Schmyz We all know by now that home owners have a hidden savings account…its called HOME EQUITY ... projects you wish to do. Would You Want an Equity Line of Credit? Unlike a typical loan which ... loan. What Can I Use the Equity Line of Credit For? While you can no doubt find numerous uses [more...]

Date: 2008-12-29 16:17:10

Credit Card Balance Transfer - Do You Need One?

Credit card issuers keep on adding new features to credit cards to woo potential customers. A credit card balance transfer is one among them ... with balance transfers. Unfortunately, credit card debt can build quickly if balances are not paid in pull ... . You can transfer your outstanding card balance (or balances) from your higher interest credit [more...]

Date: 2009-01-15 08:12:18

Do you really need a home equity line of credit?

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 ... of credit acts as a revolving credit (like your credit card). You do not need to pay interest on the full amount you have access to — you only pay for what you have used. Also, like a credit card [more...]

Date: 2009-01-14 10:28:55

Can China Avoid a Post-Olympic Economic Downturn?

By Adam Kritzer Economic analysis indicates that countries that host the Olympic Games typically suffer from economic decline and currency ... toys, medicines, and most recently, dairy products. Then came the credit crisis, which exploded [more...]

Date: 2009-01-12 14:39:56

Repudiating the National Debt

Repudiating the National Debtby Murray N ... in "off-budget" loan guarantees and contingencies, the grand total federal debt is $20 trillion.Before ... debt, which was then scraping the legal ceiling of one trillion dollars. They cried because [more...]

Date: 2009-01-13 02:13:00

Top 10 Conservative IL House members

http://illinoisreview.typepad.com/illinoisreview/2009/01/top-10-conservative-state-senators.html (FROM THE ARTICLE: Having followed key Illinois Senate votes during the 2007-2008 95th General Assembly, the United Republican Fund lists the following as the session's "Top 10 Conservative State Senators," based on their "lifetime" scores: [more...]

Date: 2009-01-02 17:43:39

Breaking News and Political Commentary

Israeli Offensive Presses into Gaza CityBy Richard Boudreaux and Rusdi abu Alouf - Los Angeles TimesIn the heaviest fighting since the invasion began, troops and tanks hit the capital from three directions. Gaza City is shaken by shelling and helicopter missile fire [more...]

Date: 2009-01-12 13:18:00

Views on the News - 1/10/2009

NO MORE BAILOUTS! – eventually we have to learn from our mistakes from the last bailout / stimulus package: ... had Congress approved this proposal than it quickly morphed into a program aimed at infusing capital [more...]

Date: 2009-01-12 01:09:14

How to Keep From Getting Judgment Liens

Judgment liens can be placed against ones home or other assets when they refuse to pay credit card bills, home improvement bills, ... against the home of the person that owes the debt. While a judgment is often said to not be as serious [more...]

Date: 2009-01-15 14:38:39

Colorado Payday Loan Laws

Within that many times there is just very little you may do ... time and effort. Thus, no fax payday loan in Illinois, then you will be able to payday down or pay ... on what a colorado payday loan laws Payday Loan can be used to serve a number of security number [more...]

Date: 2009-01-15 20:17:40

Bank of the United States

Bank of the United States Citigroup cuts a deal with its new bosses on Capitol Hill ... . Any problems, he goes to Paulie. Trouble with a bill, to Paulie . . . But now he has to pay Paulie."The problem with Citi's capitulation is that it means that not just Citi will have to pay [more...]

Date: 2009-01-12 04:41:00

Voinovich Announces Retirement, GOP Problems Mount

Voinovich Announces Retirement, GOP Problems MountOhio Sen. George Voinovich is retiring in 2010, the fourth Republican to announce he is stepping aside at the end of his term.Voinovich announced his retirement this morning after a weekend filled with speculation that he was planning to step aside [more...]

Date: 2009-01-12 16:00:06

State Workers Fight Over Cutbacks as States Want More From Obama

As the budget crisis deepens, state employees are fighting each other for survival. Potshots are thrown between management vs ... the governor (not so affectionately referred to as GAS) for wanting to furlough or lay off workers [more...]

Date: 2009-01-03 19:53:00

"The Western Death Wish"

“The more I speak to various people, the more it sinks in that there is something deeply psychotic with the western mindset, ... is demonstrated at the Web of Debt blog and web site. Following are my latest comments, cleaned [more...]

Date: 2009-01-14 17:55:00

Are Retailer’s Credit Cards A Good Idea?

by Steven J. Talrechi The ads are nearly inescapable ... , there’s a caveat. If you don’t pay off that credit card balance IN FULL within the time the store gives you to pay off the balance (let’s say, two years), you might think that you’re going [more...]

Date: 2009-01-15 15:53:48

Financial Considerations in the Small Church - Part 2: Dr. Greg Lawson

This is the continuation of the message from yesterday's post.“Financial Considerations in the Small Church,” by Dr ... with Lifeway, said “Individuals pay four times more in interest as they give to church. 80 cents [more...]

Date: 2009-01-14 07:00:00

DrumBeat: December 29, 2008

Gazprom, Once Mighty, Is Reeling MOSCOW — A year ago, Gazprom, the Russian natural gas monopoly, ... Exxon Mobil and General Electric. Today, Gazprom is deep in debt and negotiating a government bailout [more...]

Date: 2008-12-29 14:06:30

Returned China volunteers (RPCVs) ask the agency’s director to help pay $12, ... for two years with lung cancer, and her family is now left with a mountain of debt. Below is a letter [more...]

Date: 2009-01-14 18:00:46

Can I get Bad Credit and Unsecured Credit Cards?

Can I get Bad Credit and Unsecured Credit Cards? posted on January 15th, ... , there is a credit card on the marketplace for you. If you have bad credit then you will need to find ... that have money, yet want a credit card to maintain their credit rates on the records. Spending money [more...]

Date: 2009-01-15 11:49:39

Sam Wollaston on last night's TV

The anaesthetising of Anastasia, as well as being difficult to say, is difficult to do, and it doesn't go well ... , but through being an elephant. The elephant doctors quickly give her an antidote and get the hell [more...]

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

Increase Credit Card Savings By Using Debit and Credit Cards Wisely

Using debit and credit cards wisely can lead to greater credit card savings. Carrying debit and credit cards means having to maintain some amount of debt. But you’ll manage your debt much better with wise credit card use. For instance, with extra planning and research [more...]

Date: 2009-01-16 02:38:46

Hard Times

Hard Times Yesterday I wrote a piece about the second round of bank bailouts ... strong a word to say it is insane to try to cure the symptoms of a debt collapse with even more debt [more...]

Date: 2009-01-16 03:02:05

Start of the year reflectiveness

Ah, someone pinged me to ask what some of my goals are for the next year, as I’d mentioned printing out my goal sheet ... specialist sign off on me a couple months down the road [more...]

Date: 2009-01-02 02:08:39

http://illinoisreview.typepad.com/illinoisreview/2009/01/top-10-conservative-state-senators.html

http://illinoisreview.typepad.com/illinoisreview/2009/01/top-10-conservative-state-senators.html (FROM THE ARTICLE: Having followed key Illinois Senate votes during the 2007-2008 95th General Assembly, the United Republican Fund lists the following as the session's "Top 10 Conservative State Senators," based on their "lifetime" scores: [more...]

Date: 2009-01-05 17:22:29

The Top Franchise Trends For 2009

Two words will be dominating the franchise landscape for 2009: cautious optimism ... credit score, and low personal debt, will increase the chances of getting a franchise loan.  More tips [more...]

Date: 2009-01-09 07:30:34

Tip #30: How I’m saving $25,000+ in 2009

Tip #30: How I’m saving $25,000+ in 2009 January 9 32 Comments latest by Kyle This is Tip #30 of of the Save $1,000 in 30 Days Challenge. ( ... card debt, a credit card that pays for miles/dollars spent, and you travel a fair amount. Total savings [more...]

Date: 2009-01-09 17:39:54

Investor Beware! A Preview of the Nigerian Capital Market in 2009

Capital market drivers. The prosperity of the capital market depends on the prosperity of the economy ... meaningful income. Because economic agents generally subscribe to primary offers of either debt [more...]

Date: 2009-01-15 10:27:20

Advice To Pres. Obama (#2): Yes We Can, But Will We?

We are at a major crossroads in the history of our nation and our world ... flows) - and 2)instead of issuing this new debt, all the world's billionaires and nations in monetary [more...]

Date: 2009-01-15 16:49:43

Las Vegas & The Mob: The Early Years – Part I

By Denny Griffin Las Vegas didn’t begin as a mob-controlled town; it grew into it ... workers. On May 15, 1905, the railroad auctioned off 1,200 lots in a 40-block area surrounding [more...]

Date: 2009-01-13 08:11:00

When Your Financial State Improves, Do Your Frugal Standards Change?

... replaced. We have very few debts now - just one student loan and a mortgage, no credit cards [more...]

Date: 2009-01-07 20:00:34

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