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Gates of Vienna News Feed 11/16/2008

Don’t miss “Letter From Iceland” under the “General” heading. The most concentrated essence of the financial crisis can be found in Iceland, and the account of recent events there is fascinating — and sobering.Thanks to C. Cantoni, Conservative Swede, Diana West, Insubria, JD, no2liberals, RRW, TB, and all the other tipsters who sent these in [more...]

Date: 2008-11-17 04:57:00

Blog posts (135) | Videos (41)
 


Jerry Brown Prohibits H&R Block From Marketing “Early Tax Refunds”

Oh snap! Just in time for tax season, California Attorney General Jerry Brown’s 2006 lawsuit against H&R Block has borne some fruit. He just reached agreement prohibiting deceptive marketing of tax refund loans: “The settlement ... Will the “settlement administrator” be contacting you about getting some money from H&R? Read [more...]

Date: 2009-01-02 21:54:57


Market Commentary From Monty Guild

Dear CIGAs, 2008 IS BEHIND US…MANY ARE THANKFUL We would like to take this opportunity to wish you a very happy, healthy, prosperous New Year. OUR OUTLOOK FOR 2009 A) The U.S. dollar will decline in 2009.  This is a lynchpin for several investments. B) Precious metals and grain commodities have bottomed [more...]

Date: 2008-12-31 20:54:23


Could It Be ….. Recovery? If So, Hurry Up Already

I’m starting to like this 78-day presidential transition period more and more. That’s because in another 30 days or so, the economy might ( ... up monthly cash flow. Many others will be cash-out refis where the cash received at settlement will be used to make major puchases or pay down other debt. The idea that there has been some kind of “ [more...]

Date: 2008-12-18 17:29:55


The one where Americans have their future stolen...

The things that break your heart... From Cassandra:Thumbing through the sell-side research from their multitudes of Strategists, ... One" (as Bridgewater Associates precsiently termed it nearly a year ago) that all these things - debt, leverage ... " for aggregate US consumption? Or the amount of debt a typical household can sustain [more...]

Date: 2008-12-23 05:58:02


WSJ: IRS Makes It Harder To Negotiate Tax Debts

Wall Street Journal: Wiping Out Your Tax Debt Gets Tougher; IRS Tightens Rules, as Firm That Acts as Middleman Settles Cases With 18 States, by Tom Herman: It's getting harder for taxpayers in debt with the IRS to negotiate a deal to pay ... in 2007 from 106,000 in 2004. ... Critics say the program needs to be overhauled. In a recent report [more...]

Date: 2008-07-23 16:45:31


Wall Street Breakfast: Must-Know News

Eurozone inflation posts record drop. Euro area inflation probably plunged to 2.1% in November from October's 3.2% Eurostat says (.pdf) ... squeeze. Municipal-debt issuance has dropped sharply over the past few months, as the credit crunch has elevated interest rates and scared away investors, and some brokers dealing in the debt [more...]

Date: 2008-11-28 12:19:46


Saturday…June Jones deal raises questions about Foundation’s charitable funds

I first saw news of the settlement between the University of Hawaii and former football coach June Jones last night and was a little surprised that ... off the contractual debt of the former coach who just happens to also be the foundation’s chairman ... Jones Foundation web site solicits donations: Make a tax-deductible donation to the June Jones [more...]

Date: 2008-12-20 18:42:04


Worthy Nods

Photo Courtesy of Rollins Financial: Prolific Progeny of Daisy & ShaftThis week's Worthy Nods from the news and from around the blogs .. ... to just under 3 percent for the first half of this year. They also favor a tax credit of up to $22,000 ... are immediately marked down to between 60¢ and 80¢ on the dollar, forcing banks to take a hit on the debt [more...]

Date: 2009-01-11 16:15:00


Obama Picks Tax Deadbeat For Treasury Position

By Brett J. Blackledge Associated Press September 13, 2009 Unbelievable. Obama is backing this tax deadbeat. Needless to say, if you or I were in this guy’s position we wouldn’t even be considered for dog catcher. Another example of “change”. President-elect Barack Obama’s choice to run the Treasury Department and lead the nation’s economic [more...]

Date: 2009-01-14 04:18:15


Tax Relief Lawyer Can Help Solve Tax Trouble

Tax Relief Lawyer Can Help Solve Tax Trouble by John AbrahamIf the IRS has sent you a notice about non payment of taxes, you should get in touch with a tax relief lawyer to find a solution for the problem. You can not afford to waste any more time. You should consult an expert immediately for help.The tax relief attorney can help you in all types of tax disputes. Payroll problems should also be seriously considered if you have got a notice from the IRS. [more...]

Date: 2009-09-23 11:27:22


Tax Break for Trial Lawyers Moving Toward a Vote

Senate Majority Leader Harry Reid on Friday filed cloture on the motion to proceed to H.R. 6049, the Renewable Energy and Job Creation Act, i.e., the tax extenders bill, which includes in it the $1.6 billion tax break for trial lawyers ... ' payoff was slipped into a large bill with all sorts of other provisions such as extensions of a tax [more...]

Date: 2008-06-07 19:15:16


Debt Settlement Increases Income Taxes

Debt settlement might sound like the best option for you. Besides, many companies “claim” to be able to help you settle for half of what you owe ... settlement, then you do not have to pay an additional $750 (plus their monthly fees)  to a debt settlement ... anything. Taxes on Forgiven Debt The Internal Revenue Service considers any forgiven debt amount [more...]

Date: 2009-01-14 20:07:23


Appellate Division Provides Primer on "Changed Circumstances" in Denying Motion to Reduce Support Based on Spouse's Ability to Pay

While state courts in matrimonial actions are often asked by an ex-spouse to modify an existing child support obligation under Lepis v. Lepis, 83 N ... almost 11 years later. The Property Settlement Agreement required the husband to pay $7,000 ... for tax evasion, he continued to pay support, but retained an accounting firm to prepare [more...]

Date: 2009-01-06 13:30:43


Wall Street Breakfast: Must-Know News

Citigroup, Merill Lynch buy back $17B in ARSs; UBS may be next. As part of a settlement with state and federal regulators, Citigroup (C) ... ), and UBS (UBS). UBS may be close to reaching a settlement that could cover as much as $25B in ARS ... , pulling in $3.32B in unrealized hedging gains. MBIA also restarted a $340M share-repurchase program [more...]

Date: 2008-08-08 11:19:07


debt negotiation

Amazon.de Widgets Reduce your debt and pay it off fast If you’re unable to pay off debt simply by cutting down your expenses or  consolidating bills into a single monthly payment, debt negotiation is what you may need.What is debt negotiation? Debt negotiation or debt settlement is all about negotiating with your creditors or collection agencies (CAs) in order to reduce your outstanding debt balance. [more...]

Date: 2009-09-16 19:28:56


Bush to blame for mortgage mess...NYT

White House Philosophy Stoked Mortgage Bonfire By JO BECKER, SHERYL GAY STOLBERG and STEPHEN LABATON “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 [more...]

Date: 2008-12-21 21:19:17


11 July SWJ News, Op-Ed, and Events Roundup

IRAQ Turks Visit, Regional Warming Trend - Tavernese and Robertson, New York Times Turkey’s prime minister visited Baghdad on Thursday, only the second foreign head of a neighboring state to visit Iraq since the American invasion. The visit of Prime Minister Recep Tayyip Erdogan came during a flurry of announcements from Arab countries - including [more...]

Date: 2008-07-11 00:34:15


Signs You Might Need Help From A Tax Attorney

Earlier in the week my law firm’s Tax Relief Blog posted a helpful article on the signs that you might need help from a tax attorney. Listed below are a few of the signs, but you can find the full article here . 1. You Cannot Remember The Last Time You Filed A Tax Return If you are earning income and have not filed a tax return for a few years, then you might want to consider hiring a tax attorney. [more...]

Date: 2009-09-16 22:21:00


Carnival of Personal Finance, Cyber Monday 2008 Edition

Welcome to the Carnival of Personal Finance! It’s officially Cyber Monday 2008, the online doppelgaenger to Black Friday ... What is freedom worth?“ Posts on Credit and Debt Free From Broke chats about medical treatment ... some aspects of refinancing consumer debt. Blueprint for Financial Prosperity has a list of 0% balance [more...]

Date: 2008-12-01 06:02:01


Transcript from the McCain speech chat

Here's a full transcript of last night's chat: 8:40:17: Michael Landauer: Welcome! 8:45:11: William McKenzie: Don't worry, this isn't a contact sport. But I will give you the score in a real contact sport: Giants 16, Skins 7, two minutes left 8:45:39: Rodger Jones: I took a muscle relaxer to deal with a killer headache [more...]

Date: 2008-09-05 03:19:14


Leveraged Finance Defined

seesaw Leveraged finance relates to funding a business, a company or another investment using more debt than would be considered normal. More than normal debt is going to imply by nature that the funding is a riskier prospect ... when it comes to leveraged buyouts, is mezzanine, which is known as “in between” debt. Mezzanine debt [more...]

Date: 2009-01-05 13:08:44


Senior Loan Officer sentenced in Mortgage Fraud scheme

US Attorney’s Office FOR FURTHER INFORMATION CONTACT AUSA VICKIE E. LEDUC or MARCIA MURPHY at 410-209-4885 September 21, 2009 FOR IMMEDIATE RELEASE http://www.usdoj.gov/usao/md SENIOR LOAN OFFICER SENTENCED IN MORTGAGE FRAUD SCHEME THAT TARGETED VICTIMS THROUGH LOCAL TV ADS Greenbelt, Maryland – U.S. District Judge Deborah K. [more...]

Date: 2009-09-22 15:30:35


A warning from Paul Krugman of what should be blindingly obvious (but is not obvious to many experts)

Pluto asks here:  “what does Fabius think of Paul Krugman’s article in the NYT?”Here is the article he mentions:  “Fighting Off Depression“, Paul Krugman, op-ed in the New York Times, 4 January 2009 — Excerpt:“If we don’t act swiftly and boldly,” declared President-elect Barack Obama in his latest weekly address, [more...]

Date: 2009-01-07 04:00:59


Economic Potpourri December 14, 2008

The barrage of noteworthy economic news continues unabated. Here are a few headline news reports of interest from the past couple days ... of U.S. government debt outstanding rose to $10.7 trillion in November from $9.15 trillion a year earlier ... people continue to flock to the U.S. government debt market because it’s the biggest and deepest [more...]

Date: 2008-12-15 02:30:00


Transcript: Joe Biden on Meet the Press, Sunday August 7, 2008

(Source: NBC’s Meet the Press) updated 12:05 p.m. ET, Sun., Sept. 7, 2008 MR. TOM BROKAW: Our issues this Sunday: Senator McCain accepts the Republican Party’s nomination for president of the United States. (Videotape) SEN. JOHN McCAIN (R-AZ): My heartfelt thanks to all of you who helped me win this nomination and stood by me when the odds [more...]

Date: 2008-09-07 16:35:52


Taxpayer Advocate’s Recommendation: Go Easier on Taxpayers Experiencing Economic Hardship

Nina Olson, the National Taxpayer Advocate, has released her Annual Report to Congress (PDF) ... having difficulty paying their tax debts. 2. Simplify “Cancellation of Debt” Rules for Foreclosures Simplify the “cancellation of debt” minefield that many taxpayers who default on debts must navigate [more...]

Date: 2009-01-08 02:37:42


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


Types of insurance

.fullpost{display:inline;}Any risk that can be quantified can potentially be insured. Specific kinds of risk that may give rise to claims are known as "perils". An insurance policy will set out in detail which perils are covered by the policy and which are not. Below are (non-exhaustive) lists of the many different types of insurance that exist [more...]

Date: 2008-12-25 19:45:00


How You Can Remove a Tax Lien

How You Can Remove a Tax Lien Posted By Matt Douglas on @ 1:44 pm by Matt Douglas If you have a tax lien on your credit report, ... or federal government and ask for verification that the debt does exist. If it is verified then you will have to make some form of payment. It may be in your best interest to talk with a tax negotiator [more...]

Date: 2009-01-05 08:14:19


Get your life back with dept solutions

Desember 31, 2008 at 9:30 am | In general | Tags: dept solutions Most people in this world have a debt ... understand. Yes, debt incurred by credit cards, tax debt, medical bills, old repossessions, personal loans ... that can help you to overcome your dept problems, this service is not a credit card companies. This service [more...]

Date: 2008-12-31 02:30:18


Goodbye Cash-out. Hello Debt Settlement. Part 2 of 3

(If you missed Part 1 - you can find it here) If you believe the hype spun by many debt settlement firms, debt settlement sounds like an incredible solution for those consumers with too much consumer debt ... of independent data tracking the success rate of debt settlement efforts - it’s widely believed that most [more...]

Date: 2008-11-19 16:04:43


MAKLUMAT TENTANG REGIM ISRAEL DARI SUMBER CIA, AP, REUTERS DAN WIKIPEDIA

.fullpost{display:inline;}REGIME ISRAEL/ ZIONISTSBackground:Following World War II, the British withdrew from their mandate of Palestine, ... representatives and Syria to achieve a permanent settlement. Israel and Palestinian officials signed ... out a roadmap to a final settlement of the conflict by 2005, based on reciprocal steps by the two [more...]

Date: 2009-01-04 17:23:00


File Bankruptcy, Resolve IRS Tax Debt, IRS Problem, Tax Lien & Levy

Amazon.de Widgets Sometimes when there is no way to pay off the accumulated debts, the only alternative with the taxpayer is filing bankruptcy. Filing bankruptcy means that a person is declaring the inability to pay the money that is owed to the creditors. Filing bankruptcy devastates not only a person’s reputation but also his credit score. [more...]

Date: 2009-09-16 13:10:38


News Round Up: ICICI Buys Back Bonds Worth $84.58 Million

IBM and Japanese Firm Ricoh in Sales Alliance - IT giant IBM and Japanese equipment maker Ricoh Co Ltd have decided to share each other's sales network from this year onwards. The companies’ servers and printers will be promoted together. Ricoh expects the new business ties with IBM to help boost its sales by 100 billion yen ($1.10 billion) [more...]

Date: 2009-01-02 04:16:28


Garnishment

garnishment Michigan doing either chapter 7 or 13 Parsa Law Group – Tax Resolution – Tax Settlement Parsa Law Group – Don’t Mess with the IRS – Tax Settlement – Tax Resolution Garnishment Wage garnishment is a legal procedure in which a person’s earnings are required by court order to be withheld by an employer for the payment of a debt such as. [more...]

Date: 2009-09-24 11:12:31


BAILOUT OF BUSH ECONOMIC FAILURE NOT WARRANTED

OpEdNews Original Content at http://www.opednews.com/articles/BAILOUT-OF-BUSH-ECONOMIC-F-by-Allen-L-Roland-080923-887 ... under a mountain of unsustainable debt and the worst is yet to come. As Martin Weiss of Money ... that the current debt crisis in America originated in the mortgage market, it is not accurate to say [more...]

Date: 2008-09-23 17:13:01


IRS Tax Debt Settlement Help - When You Need Expert Tax Debt Help

With the recent downturn in the economy, Americans find themselves not only facing unsecured credit card debt problems, ... in Compromise.Federal law does grant the IRS the power to agree to a settlement of your IRS tax debt for less ... tax debt. However, the process of actually getting the IRS to agree to a tax settlement is not simple [more...]

Date: 2009-01-07 21:21:36


Debt relief through debt settlement

Debt Relief Solutions Debt relief can come in many ways - you could get a tax refund and apply that to your credit card debt, ... : If you are not familiar with Credit Solutions of America, they are the largest debt settlement company ... after you use debt settlement, you will start to improve your credit score.Compare that scenario [more...]

Date: 2009-01-08 09:08:01


Russell Kirk on Bush I's Iraq war

Last night, I came across a speech I had heard before, of Russell Kirk in 1991 in the waning months of the presidency of George H.W. Bush entitled "Political Errors at the End of the Twentieth Century."  It reminded me so much of our current time in the waning days of George W. Bush’s presidency, and war in Iraq, that I had to post it up [more...]

Date: 2008-12-24 02:11:17


Top 16 Seller Benefits of A Short Sale

Top 16 Seller Benefits of A Short Sale Posted by Aaron Rice under For Buyers, For Realty Professionals, For Sellers, ... credit Closing costs and settlement fees paid by lender.  No cost to seller. Does not go against your credit Negotiated settlement No attorney fee Seller’s peace of mind Buy again in 2 years [more...]

Date: 2009-01-06 12:30:38


Credit Card Issuers See the Writing on the Wall: Forgiveness of Debt — they also got paid in full through securitization, so there is no obligation owed to them

Credit Card Companies Willing to Deal Over DebtBank of America says it eased off on more than 700,000 credit card holders in 2008, ... to foster the explosive growth of consumer debt in recent years, credit card companies are realizing ... and card companies are bracing for a wave of defaults on credit card debt in early 2009 [more...]

Date: 2009-01-05 00:34:25


Reformers

by hilzoy John McCain, via MSNBC: "The crisis on Wall Street, my friends, started in the Washington culture of lobbying and influence pedaling and he was right square in the middle of it," McCain said, painting Obama as a Washington insider. "My friends, this is the problem in Washington. People like Sen [more...]

Date: 2008-09-21 16:18:06


be debt free with NoDebtToday.com

be debt free with NoDebtToday.com Saturday, January 10th, 2009 | Review with No Comments » Debt collection is something terrible ... must provide adequate support through a specialized agency or a company for debt consolidation ... so you pay less each month. 2. Credit card - if you have several credit cards NoDebtToday.com [more...]

Date: 2009-01-10 04:11:48


More Help With Debt Problems

Debt got you down? You're not alone. Consumer debt is at an all-time high and it's not getting any better any time soon ... your bills! online debt help Now don't get me wrong, there are consolidation debt help companies ... . Whether or not your debt problems are the result of an illness, unemployment, or simply [more...]

Date: 2009-01-05 15:44:43


Live-Blogging the Citigroup-Wachovia Acquisition Conference Call

Citigroup, clearly looking to challenge J.P. Morgan for the conference-call speed title, announced its acquisition of Wachovia’s assets at 8:23 a.m. and now here we are, just two hours later, waiting for the conference call to start. The conference call Web cast can be accessed here if you would like to follow along at home [more...]

Date: 2008-09-29 15:25:15


tax help is available for those who honestly seek it

The New Year often brings with it the images of tax season. For some, this mea a nice tax return and imagining how it might be ent. For others, this mea a miraculous tax debt and wondering how it will be paid off. When dealing with tax debt in this type of situation, it’s often helpful to seek tax help. Many people have found [more...]

Date: 2008-12-30 05:59:59


Businessmen most disturbed by crime, local currency

The 14th Business Outlook Survey (BOS) of Guyana, conducted and published by Ram & McRae, ... . In the Mid-Year Report, it was reported that domestic debt kept rising alarmingly over the past few years. The Bank of Guyana Report showed that the stock of the Government’s domestic bonded debt increased [more...]

Date: 2009-01-03 09:35:06


Don’t Let Rates Get You, Lock It Posted By : rateempire

Don’t Let Rates Get You, Lock It Posted By : rateempire When interest rates begin to go up on mortgages, ... be over. Their message: Be hopeful — and cautious. When debt settlement makes sense It’ ... and a little old fashioned commitment. A second chance for a tax rebate If you didn’t qualify [more...]

Date: 2009-01-07 11:19:08


2009 - The Year Of Tackling Debt

2009 - The Year Of Tackling Debt Posted by BK Dallas on 7 Jan, 2009 in Debt and Tax Relief The Dallas Morning News has another interesting, ... that debtors should consult credit counseling and debt settlement agencies to help them pay down ... at achieving the same goals that credit counseling and debt settlement agencies claim they can achieve [more...]

Date: 2009-01-07 17:41:54



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