John Allison's letter to Congress
I've just managed to track down a source for some of the content of John Allison's Sept. 23rd 2008 letter to Congress. ( ... to purchase credit card loans, automobile loans, etc. The government should directly purchase housing ... companies. Corrections are not all bad. The market correction process eliminates irrational competitors [more...]
Date: 2009-02-21 18:07:12
Blog posts
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Videos
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Financing Auto Loans or Car Loans After Bankruptcy
If you do not begin establishing a good credit history after bankruptcy, your credit score will not improve. If filing bankruptcy, it is wise to educate yourself on ways to quickly boost credit rating. One such tactic includes financing an automobile. Most auto loan lenders offer loans to people with bad [more...]
Date: 2009-02-19 06:40:08
Dealing with Uncertain Economic Times
I find a strange melancholic amusement to learn that many of these investment banks’ CEOs and boards of directors — people being paid millions of ... in the midst of trying), or other significant credit. If you’re trying to start a business with a bank loan, you may as well put that on hold for a few months. And simply forget about buying a new [more...]
Date: 2008-09-23 20:00:00
Weekly Economic Potpourri November 29, 2008
Every week there are a numerous headlines that are worthy of mentioning but I simply run out of time. Here are a few headline news reports of interest from the past week.Japan’s Factory Output Falls as Turmoil Hurts ExportsJapanese manufacturers reduced production in October and plan further cutbacks as a worsening global financial crisis weakens [more...]
Date: 2008-11-29 18:46:00
Productivity Predicts Happy Days Ain’t Here Again
If you look at long term unemployment, the recession of the mid 1970's had an interesting feature: some jobs never came back ... that there was too much leverage in bad debt, however the stomach for a remedy wasn't there under Bush ... in bad assets, many of which are toxic—that is, the best that can happen is that they expire [more...]
Date: 2009-03-08 19:30:25
Foreclosing the Crisis
Posted by Review-a-Day, January 22nd, 2009 1 CommentFiled under:Review-A-Day. The Household: Informal Order Around the Hearth by Robert C ... ago, that America would be seriously considering a semi-nationalization of the automobile industry ... that the dross of no-down-payment loans to high-risk borrowers could be transformed into the gold of triple [more...]
Date: 2009-01-23 12:36:10
Media & Politics (one section only today)
Permanent link to MTA daily media newsYou say goodbye, I say halo (by Joseph Cannon at Cannonfire) Remember when AP ran a photo similar to this one featuring Dear Leader George Dubya? Remember how the progblogs (correctly) screamed for weeks about that gross exercise in Messianic imagery? Do you think any progs will complain about this? [more...]
Date: 2009-02-24 22:38:43
Obama moving away from fear-based politics?
Last night, I followed Barack Obama’s non-SOTU SOTU speech in three ways: watching it, reading the release of the text, ... in this country, our recovery will be choked off before it even begins.You see, the flow of credit is the lifeblood of our economy. The ability to get a loan is how you finance the purchase of everything [more...]
Date: 2009-02-25 13:00:41
Address to Joint Session of Congress
Did you watch? What are your thoughts? (I was actually impressed by how often the Republicans in the chamber stood and applauded.) The full text of the president’s speech, as prepared for delivery, may be read below the fold. Remarks of President Barack Obama – As Prepared for Delivery Address to Joint Session of Congress Tuesday, [more...]
Date: 2009-02-25 03:50:46
Bad Credit Automobile Financing
Many people have utilized the World Wide Web in recent years and have found that they are able to obtain new and used car financing for far better ... for credit issues, they can always apply for online low interest rate car loans as the internet auto loan ... after a long day, looking for the best car loan isn't exactly at the top of their list. [more...]
Date: 2009-02-26 04:47:09
President Obama’s (N)SOTU
Last night, Pres. Obama gave his (non) State of the Union addresses before a joint session of Congress. Below is video and text. Watch CBS Videos Online TRANSCRIPT (after the jump) : Madam Speaker, Mr. Vice President, members of Congress, the First Lady of the United States — (applause) — she’s around here somewhere [more...]
Date: 2009-02-25 15:53:26
Toyota Asks for Loan
Underscoring how bad things are in the automobile industry, even Toyota and Nissan are looking for help: Toyota’s financing unit is in talks with a Japanese government-backed bank on possible lending, the automaker said Tuesday, underlining the serious woes facing the car industry amid plunging [more...]
Date: 2009-03-03 11:47:13
Purchasing Your New Automobile Even With No Credit
Are you having difficulty in securing a loan for the purchase of a new car? If so, then you should check your credit record ... . This can impact both loans and insurance so be sure to look at cheap car insurance quotes on line.bad ... with poor credit are turned down.You will ask yourself “How can I get an auto loan if I have a worst [more...]
Date: 2009-01-31 14:31:00
The Software Cure For A Financial Meltdown
In my role as amateur financial analyst I like to read the publications taking an in depth look at the current financial turmoil ... liquid and fund more loans. But, to sell the loans the bank needs to find a buyer, and this is where ... we built a web application for banks to upload pools of loans they wanted to sell. Buyers could [more...]
Date: 2009-03-05 23:47:43
How To Refinance You Bad Credit Car Loan
by Herman Smeltzer Have you ever wondered if it was possible to refinance a poorly made auto purchase? ... you can. The basic premise is this. At one time you only qualified for a bad credit car loan, with a very high ... to find a loan at a lower rate. This is an opportunity to lower those huge monthly payments for good [more...]
Date: 2009-03-06 10:21:37
Bankruptcy Reform Caused More Foreclosures
This research is from the NY Fed. It finds that bankruptcy reform shifted default risk from credit card lenders to mortgage lenders and in doing so ... in subprime foreclosures by shifting risk from credit card lenders to mortgage lenders. Before BAR, any ... continue paying unsecured lenders. When the means test binds, cash constrained mortgagors who [more...]
Date: 2008-12-12 22:43:00
RICHARD VAGUE: How to Fix the Economy
This is a guest post for The Washington Note by businessman and regular TWN reader Richard Vague ... institutions were operating with far too much leverage (the ratio of loans against the capital a lender is required to maintain) which allowed assets such as subprime loans to be overbought [more...]
Date: 2008-12-24 19:45:27
Full Text of President Obama’s February 24 2009 Speech to Congress
People are looking all over online for it - so here it is: the full text of President Obama’s address (it’s not a “State of the Union Address” as that officially happens after his first year in office, although for all intents and purposes it was a State of the Union - or, rather, a State of the Economy or State of the Economic Recovery address) [more...]
Date: 2009-02-25 03:08:47
How to Find an Auto Loan
They key word in both these options is Wait. Irrespective of how you go about procuring your loan, you should wait, ... better loan rate online than you can from a local bank, and the time expended waiting for loan ... is the capability for the vehicle buyer to try a few shops to get the best IR for a second hand car loan [more...]
Date: 2009-03-06 12:32:15
DrumBeat: October 7, 2008
A Gift From the ’70s: Energy Lessons The presidential candidates claim to see America’s energy future, but their competing visions have a certain vintage quality. They’ve revived that classic debate: the hard path versus the soft path. The soft path, as Amory Lovins defined it in the 1970s, is energy conservation and power from the sun, [more...]
Date: 2008-10-07 13:15:04
President Obama’s Awesome Speech
President Obama addressed both chambers of Congress tonight. In short, it rocked. I would hate to be in Bobby Jindal’s shoes. To check out the entire transcript, flip to the other side. Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States: [more...]
Date: 2009-02-25 03:03:43
'We Are Not Quitters' [Speaking Engagements]
In his not-really-but-actually State of the Union address, President Barack Obama did his best to inspire a nation scared out of its wits. After the jump, the speech text, as distributed while he delivered it. Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States: [more...]
Date: 2009-02-25 02:58:48
President Obama Goes to Capitol Hill
President Barack Obama opened his first speech to a joint session of Congress on Tuesday by telling the nation we will rebuild, we will recover, and the United States of America will emerge stronger than before. From there he launched into a litany of initiatives that will get us from here to there [more...]
Date: 2009-02-25 05:14:00
President Obama's First Speech to Congress
Remarks of President Barack Obama - As Prepared for Delivery Address to Joint Session of Congress Tuesday, February 24th, 2009 Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States: I've come here tonight not only to address the distinguished men and women in this great chamber, [more...]
Date: 2009-02-25 10:50:31
Obama's speech before Joint Session of Congress. Feb. 24, 2009. Text as delivered.
THE WHITE HOUSE Office of the Press Secretary _____________________________________________________________________________________________ For Immediate Release February 24, 2009 ADDRESS BY THE PRESIDENT TO THE JOINT SESSION OF CONGRESS United States Capitol 9:16 P.M. EST THE PRESIDENT: Madam Speaker, Mr [more...]
Date: 2009-02-24 23:14:57
Crash Landings
Posted by Review-a-Day, March 3rd, 2009 No CommentsFiled under:Review-A-Day. The Return of Depression Economics and the Crisis of 2008 by Paul Krugman Reviewed by Bernard AvishaiThe Nation "We sometimes, for example, hear it said," writes John Stuart Mill in his Principles of Political Economy, " [more...]
Date: 2009-03-03 17:10:33
State of the Union (kind of) Live Blogging
JOHN 10:11PM: Sober and multi-syllabic. It really is a new day. JOE 10:09 PM: I already feel more confident. Great speech. JOE 10:06 PM: Love that little girl from SC: We are not quitters. JOE 10:04 PM: Everyone, including Republicans, applaud the banker from Miami who gave away $60 million [more...]
Date: 2009-02-25 01:57:00
President Obama's Address to Congress and the Nation
Remarks of President Barack Obama – As Prepared for Delivery Address to Joint Session of Congress Tuesday, February 24th, 2009 Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States: I’ve come here tonight not only to address the distinguished men and women in this great chamber, [more...]
Date: 2009-02-25 13:32:00
Did You See/Hear President Obama’s Speech Last Night?
With people getting up and sitting down again more times than at a misa (Happy Ash Wednesday by the way), last night President Obama gave is not the State of the Union address before both houses of Congress. Why not the State of the Union? Well Obama hasn’t been in office long enough really [more...]
Date: 2009-02-24 12:55:17
DrumBeat: February 19, 2009
Oil-Price Decline Provides Diplomatic Opening to Iran Last fall, before the world economy had fallen completely out of bed, the International Monetary Fund estimated that oil prices would have to stay at $90 a barrel for Iran to make enough money to balance its books [more...]
Date: 2009-02-19 13:29:45
Obama’s Address to Congress is Old News?
I noticed something about President Obama’s speech last night. It somehow…seemed familiar. See if you notice it too. -Scott —– Remarks of President Barack Obama – As Prepared for Delivery Address to Joint Session of Congress Tuesday, February 24th, 2009 Madame Speaker, Mr [more...]
Date: 2009-02-25 15:27:21
Semi-State Of The Union: We Will Rebuild, And We Will Recover, And The United States Of America Will Emerge Stronger Than Before
WOW! It's been a long time since a forceful, intelligent president has addressed our nation and articulated a shared and hopeful vision for us all. Regardless of the disagreements I have with this or with that (and there are plenty), President Obama made me very proud tonight [more...]
Date: 2009-02-25 03:10:00
How To Get Cheap Car Financing
by James Drake Now may be your chance for low-cost auto financing. Want a piece of the federal bailout action? GMAC is making auto loans simpler to get by loosening up the credit standard on car financing ... to get a car loan with a credit score below 700!. GMAC is balancing responsible credit standards while [more...]
Date: 2009-03-08 16:23:41
Obama Speech to Congress: Full Text & Video
Part 1: Part 2: Part 3: Part 4: Part 5: Part 6: Remarks of President Barack Obama – As Prepared for Delivery Address to Joint Session of Congress Tuesday, February 24th, 2009 Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States: [more...]
Date: 2009-02-25 14:17:03
Tighten Your Seat Belts - This Recession Is Turning Into Another Great Depression!
Based on the research I constantly conduct, all of the facts point to this “recession” turning into another “Great Depression” - and this one could effectively destroy any semblance of the Democratic Republic many of us whom are older remember and cherish [more...]
Date: 2009-02-15 16:26:16
Google Keywords the complete list to $15
This is the second post of all the keywords from Google with $15. Hope you like it accounting software 15.99 business credit report 15 ... seattle 15.85 partypoker 15.85 insure 15.85 home loan company 15.85 best interest rate 15.85 adverse ... online help desk software 15.77 download america online 15.76 car hire in orlando 15.76 va home loan [more...]
Date: 2009-03-05 03:11:01
WATCH: President Obama’s First Speech to Congress
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Date: 2009-02-25 02:02:43
Auto, IT stocks lead rally
Key benchmark indices snapped last two day's losses on a third stimulus package for the economy and firm global markets. Auto and IT stocks led the rally.The market, however, cut strong intraday gains on concerns about rising borrowing costs for corporates. The BSE 30-share Sensex was up 80.50 points, or 0 [more...]
Date: 2009-02-25 16:06:00
President Barack Obama's Address to Joint Session of Congress
Tuesday, February 24th, 2009 Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States: I’ve come here tonight not only to address the distinguished men and women in this great chamber, but to speak frankly and directly to the men and women who sent us here [more...]
Date: 2009-02-25 17:14:00
Transcript of Obama presidential address provided
(The following transcript of Barack Obama's first presidential address to Congress was provided by the White House.) Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States: I’ve come here tonight not only to address the distinguished men and women in this great chamber, [more...]
Date: 2009-02-25 02:42:00
Obama’s Joint Session Speech - Live Blog
For those who can’t get to a teevee. You can also watch the address live at Hulu.com . Check back often for updates ... responsibility. Credit has stopped flowing. Too many bad loans. Create a new lending fund to provide auto [more...]
Date: 2009-02-25 01:36:14
The President's Speech
rdan Slightly left of center with gracious charm and strength. Whitehouse press office Remarks of President Barack Obama -- Address to Joint Session of Congress Remarks of President Barack Obama – As Prepared for Delivery Address to Joint Session of Congress Tuesday, February 24th, 2009 Madame Speaker, Mr [more...]
Date: 2009-02-25 03:12:00
Headlines Friday 27th February 2009
Home Loan Default Day .. for me. Thank you Joe Tripodi (My local state member) and John Della Bosca (my then minister for my workplace) ... signs that massive interest rate reductions from the Bank of England are beginning to stoke interest [more...]
Date: 2009-02-26 22:21:00
Presidential Address Thread
Update : Jindal coming out against volcano monitoring? Really? Really? Someone from a state that was devastated by a natural disaster doesn't believe in trying to detect natural disasters to warn Americans and save lives? Update [more...]
Date: 2009-02-25 02:02:19
Gates of Vienna News Feed 2/15/2009
The most intriguing (and alarming) news story tonight concerns the looming insolvency crisis in European banks brought about by imminent defaults in Eastern European countries on billions of dollars of loans. Austrian banks bear the brunt of the danger [more...]
Date: 2009-02-16 04:48:00
DrumBeat: February 23, 2009
Colonial delays pipeline expansion indefinitely Colonial Pipeline on Monday announced it had indefinitely postponed plans to expand its petroleum ... records were started in 1880. European officials go wild with new car incentives for buyers European [more...]
Date: 2009-02-23 04:42:14
Obama Presidential Address February 24, 2009. Text Transcript of Obama Speech
Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States: I’ve come here tonight not only to address the distinguished men and women in this great chamber, but to speak frankly and directly to the men and women who sent us here [more...]
Date: 2009-02-25 02:38:53
Obama - Address to the Congress
Madame Speaker, Mr. Vice President, Members of Congress, and the First Lady of the United States:I've come here tonight not only to address the distinguished men and women in this great chamber, but to speak frankly and directly to the men and women who sent us here [more...]
Date: 2009-02-25 03:49:00
Give Liquidation a Chance!
A plea to lawmakers…give liquidation a chance! U.S. stockowners got a break yesterday…the Dow rose 236 points ... healthy assets and can earn decent money when it makes a loan. Banks aren’t making loans now because [more...]
Date: 2009-02-25 09:31:51
President Obama's First Speech to Joint Session of the American Congress
More information on the President's proposed plan can be found at: http://www.recovery.gov Tuesday, February 24th, 2009 at 9:01 pm Remarks of President Barack Obama -- Address to Joint Session of Congress Remarks of President Barack Obama – As Prepared for Delivery Address to Joint Session of Congress Tuesday, February 24th, [more...]
Date: 2009-02-25 06:16:00
