Car Finance with Bankruptcy

If bad credit car loans candidates go out in market only one or two lenders come forward to offer an auto loan, for them online financing can be a great time saver. read more [more...]

Date: 2008-09-29 06:43:25

Blog posts (343) | Videos (324)
 

The bail-out may be killed by add-ons (pfblogs.org)

Filed under: Deals, Bad news, Law, HousingThe list of additions to the $700 billion Paulson bail-out plan could well kill it ... , "a change to potentially allow purchases of instruments such as car loans, credit-card debt and other ... , if the plan is extended to include individual home mortgages and things like auto loans, the size [more...]

Date: 2008-09-22 08:51:01

Car Sales Crash

Analysts had already predicted that the credit crisis would take a bite out of auto loans -- and therefore, auto sales. On Wednesday, we learned just how bad things are. [more...]

Date: 2008-10-02 20:32:34

Fed Rate Cut

What if the economic bailout package is not enough to free the locked-up credit markets? Big banks may sell bad assets to The Treasury Department, but will they loan that money to the man ... , reported car sales figures were down over 30% for September for many auto companies. The major excuse [more...]

Date: 2008-10-02 13:20:00

Eric Posner Imagines a Non-Discriminatory Auto Bailout

From the Volokh Conspiracy: The government would offer cheap loans to foreign automakers as well as domestic automakers, for example ... on you. In bad times, economic nationalism is hard to control. Perhaps another way to do this, with less of an outcry, would be to offer a tax credit to consumers for each car purchase.   Still [more...]

Date: 2008-12-11 14:42:36

That Giant SUCKUP Sound

Note: This column originally appeared at Pajamas Media on Thursday morning. _________________________________________________ Let’s see ... s separate from the bailout fund. Then there are the “efficient car” loan guarantees already on schedule ... had congressmen known how Treasury would really use the money. Too bad; now it’s too late. It’s not only [more...]

Date: 2008-11-22 13:40:51

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

Thoughts: America's New House of Lords, Clam Chowder, Kaylee Anthony..May She Rest In Peace

This week, two politicos that…well you can’t make this stuff up. Colin Powell chastises Republicans when HE endorsed a Democrat! ... , Smirk.I have a local business near me that would have thrived during the 60’s in San Francisco ... and females, with the possibly of covering genitalia.This business sells clothes made from “natural” thread [more...]

Date: 2008-12-21 23:10:00

And Then There Was One

The collapse of the North American Big Three Automakers means that by the end of this collapse of capitalism there will be one left standing ... in Canada auto industry, nationalized under workers control and producing green cars. After ... . What we see is the falling rate of profit, which was artificially kept up by consumer spending through credit [more...]

Date: 2008-11-08 12:27:00

Media & Politics (one section only today)

Permanent link to MTA daily media newsSorry to have abandoned you for the last week.  I needed to take some time off.  Sometimes I get so discouraged that I just can’t make myself do the day’s research.  I’ve spent almost eight and a half years tirelessly promoting the work of others, with almost no return.  It’s just too much to handle sometimes [more...]

Date: 2009-02-20 16:47:10

Big 3 ask for MORE money…

Why hold one hand out when you have two hands… (more money) Ford to a MUCH lesser degree than GM & Chrysler. ... as reductions in its vehicle brands and plants by 2012. The auto giant is seeking a $12 billion loan ... some of their triplets.. So maybe, just maybe (if they survive) they can make A car that is not crap (vs [more...]

Date: 2008-12-03 05:41:35

Do We Let GM Die?

Yes, I know the headline is melodramatic, but that seems the bottom line of the argument for or against a government loan to General Motors ... as Detroit’s Big Three teeter on collapse, United Auto Workers President Ron Gettelfinger said ... the problems the auto industry is suffering from on things beyond its control — the housing slump, the credit [more...]

Date: 2008-11-16 02:14:00

What A Nobel Laureate Thinks About Detroit & Bailouts

Look, money and finance is not my strong suit, so asking me what should be “done” about the Detroit automakers circling the drain would be little ... : I know this is complex and layered but I hope you will permit to start with a basic choice. Should the auto industry ... who would be hard to find. And industry - it’s been badly run. Lots of bad decisio [more...]

Date: 2008-11-22 16:53:10

Things must be rough in California

This one particular auto title loan outfit has “eight offices throughout California.” (Note that they serve only California, and no other state.) ... credit, bad credit, it didn’t matter. (Just like the old “Bill Gehr” commercials on 41 on a Sunday ... or an auto title loan to help us ride them out forever. It is merely a step. But hopefully [more...]

Date: 2009-03-10 10:49:27

September Car Sales? A Real Drag!

September car sales reports will be trickling in over the next few days and the news isn’t likely to be pretty especially for America’s automakers ... again, furthering its year long slide. Every automaker will suffer though it may not seem as bad ... thanks to a credit market that went into a tailspin a few weeks back. Through August 2008, year [more...]

Date: 2008-10-01 07:08:07

Selling The Auto Rescue (and maybe a Chrysler) to Congress

ABC's Zach Wolf from Washington: CEOs for the big three auto makers are going to be up on Capitol Hill later today under the klieg lights before ... . And who better to sell the idea of a big new loan than a fleet of car salesmen, dispatched ... his lot instead. Eddy said its unfair when he hears people say American car companies have made bad [more...]

Date: 2008-11-18 18:23:49

Obama likely to make early mark on economy

Housing, energy, auto sectors may be reshaped under new administration By John W. Schoen DETROIT – At Ford Motor Co ... to the struggling auto industry, which is bleeding cash and jobs as sales have dropped to their lowest ... the $700 billion bailout to include car companies. Critics say leaders over the years at Ford Motor [more...]

Date: 2008-11-09 17:44:07

“I know, we’ll dig our way out!”

When exactly did the current economic “situation” stop being a crisis and develop into a full-blown parody? ... all be happy as clams… except this ignores the underlying problems facing the auto industry. Car ... , they are money pits. The average loan in the United States is for 98% of the car’s total value (couldn’ [more...]

Date: 2009-03-10 16:57:52

Bailouts - when will they end?

As most people knew and predicted, once one industry got a bailout (loan or direct grant of cash), it would be hard to tell all other industries 'no ... to refinance expiring, performing commercial real-estate loans," said the letter. "For many borrowers ... , OUR money, actually.The auto industry was deemed by Congress and the President to be 'vital [more...]

Date: 2008-12-22 12:44:00

GOP to Unions: Drop Dead

GOP to Unions: Drop Dead December 16th, 2008 I must have been so busy last week with holiday matters that I missed the story of Republican senators explicitly detailing their blockage of the Big 3 automakers’ loan request. Not for any ... after the election. This is a precursor to card check and other items. Republicans should stand firm [more...]

Date: 2008-12-16 20:19:18

First, I just want to say that The Most Likely International Incident To Be Ignored As Insignificant And Boomerang On Our Corpulent AmeriKKKan Asses is this crap happening in Mumbai. I know, we've had to endure these low-grade terrorist boom-boom's since Osama showed the World How It's Really Done. But this one seems different [more...]

Date: 2008-11-30 17:39:05

Checks and Balances

Four people close to me were laid off from three different companies on the same Wednesday in January and selfishly, I really, really wish it hadn’t happened because some of those people were also co-workers and I miss them every day and the survivor’s guilt coupled with the lonely absence that is now the desk adjacent to me are a bad combination [more...]

Date: 2009-02-23 23:56:43

A look into my mind...

This past year has been a rollercoaster year for me and I have found myself reflecting today and realizing some new things recently ... on my husband. Financially, we started off 2007 with all of our credit card debt paid off and only a small amount left on our auto loan. I had felt a strong prompting a few months prior to get it all paid [more...]

Date: 2008-08-14 22:08:00

You Ain’t Seen Nothing Yet

“The problems we face today cannot be solved by the minds that created them” Albert Einstein Obama hasn’t even been sworn in yet, and already the Wall Street cheerleaders are celebrating his first great triumph. According the pundits, the stock market staged a surprise 494 point rally on Friday because–get this–it was announced that [more...]

Date: 2008-11-25 12:27:31

Empty Boxes

Hammers hang in neat rows on Home Depot’s wide aisle, a shining promise of self-reliance that goes back centuries. The person who could wield a hammer with some skill and intelligence and not a little bravery had the potential to meet the world on equal terms and become a builder, someone whose work promised immortality [more...]

Date: 2009-02-13 04:59:03

DrumBeat: October 11, 2008

GPS could save airlines billions in fuel costs CHICAGO - A World War II-era air traffic network that often forces planes to take longer, ... expensive — still makes sense because the cost of driving is almost as bad and driving takes longer ... crisis is not just some kind of bad dream, but the new reality. With globalization, it is clear [more...]

Date: 2008-10-11 13:14:59

Handling the Economic Crisis

I started to write this as a comment on Mike Gerson’s response to this Transterrestrial Musings post on the stock market’s continued slide ... paper and overnight bank loans, and would let the companies with bad investments fail. Let me expand on that. All of these problems arise out of two fundamental issues. First, very, very bad loans [more...]

Date: 2008-10-10 03:38:25

The Poverty Business

Sorry if this appears to be an older article, and not latest headlines, just thought it was interesting - loki The Poverty Business Inside U.S ... along the street promise "Financiamos a Todos"—Financing for All. On the same day she walked ... of businesses have made financing more readily available to even the riskiest of borrowers. Greater [more...]

Date: 2009-01-15 00:45:24

The CNN article starring ME cause I'm famous

So, a few folks have posted and talked about a new article on CNN that I contributed to about debt vs. spending habits ... credit in the Mentally Incontinent shop for hats, shirts, or books. Most took the credit. I believe ... was credit cards. So it wasn't like I went and bought seventy thousand dollars worth of PS2 games. I don't [more...]

Date: 2008-09-30 06:19:47

The TARP gets a makeover

Remember that whole thing about buying up billions of dollars in crummy assets and securities to shore up the banking system? ... the government's $700 billion bailout program to include credit card, student loan and car loan companies ... of the bailout fund that remains uncommitted. Much of the first half was used for direct capital investments [more...]

Date: 2008-11-12 17:12:00

No welfare for well-off workers

First this: GM Said to Ask for U.S. Aid in Chrysler Merger Talks Then a Washington Post editorial: AFTER YEARS of decline, U.S. auto companies face the double whammy of a credit crisis and a recession. Car and truck sales ... in the past year, and investor Kirk Kerkorian is dumping his shares. The $25 billion federal loan [more...]

Date: 2008-10-27 21:03:45

Bailing

Major League Update below. As I understand it---and remember I understand less about these things than John McCain does---the object of the bail ... on. If things collapse, not too far down the road when you want to buy a new car and ask for a loan ... you. If you need a home improvement loan to put a new roof on your house, too bad. If your kid [more...]

Date: 2008-10-03 02:07:36

about it recently, but this weekend's festival is actually a pretty big deal. Historically, local giant fests don't go so well when set up near New York, but this one seems to have the backing and support to actually get done right. First off, it certainly helps to have a band like Radiohead headline two nights [more...]

Date: 2008-08-08 18:53:54

The Automobile Industry Bailout

I thought this was good and will post this in its entirety, as it explains why it is important the U.S ... our party was a bad fit. They include such luminaries as Strom Thurmond, Jesse Helms, Lester Maddox, Pat ... that the auto companies brought this on themselves, and therefore deserve to go bankrupt. He vows [more...]

Date: 2008-11-17 16:41:12

Bush's Perfect Storm

Perhaps we have living proof this week that “The Market” can't fix “Everything;” and, that the Roadblock Republicans in the US Senate will continue to use their favorite legislative tool – the filibuster – to block legislation in the upcoming rump session. Senate Majority Leader Harry Reid (D-NV) is asking Sen [more...]

Date: 2008-11-14 21:31:00

American Motors?

It has been pointed out to me that I was a little hard yesterday on Ralph Waldo Emerson, charter member of the Transcendental Generation, ... of fast-talking swindlers trading credit default swaps.  It's just that the fast-talking swindlers ... .  So the thought that occurred to me was to nationalize the car companies, lock, stock & barrel.  I see where [more...]

Date: 2008-12-03 18:16:00

Obama's Big Chance

Albeit reluctantly, the Senate gave the go-ahead to release the additional $350 billion in TARP funding contemplated by the original plan ... to breathe life back into this economy.” To his credit, President-elect Obama acknowledged ... for banks to lend money? A really, really bad idea. While some of the badness that happened over [more...]

Date: 2009-01-16 04:29:19

Save Virginia From Any Federal Auto Bailout

Virginians need to be concerned about what the federal government will do to screw up the economy - like Hoover and FDR did ... like this one for the Automobile industry; “the most important piece of any recovery package ... with federal loans, is a program of private financing with federal guarantees. There is no doubt [more...]

Date: 2008-12-17 14:02:00

Foreclosure Home Investment: The Time Has Arrived

Several years ago, right after I purchased my home after a divorce, a housing boom made its way into the American real estate market. Housing prices sky rocketed as interest rates fell; sellers had the opportunity to evaluate ... before interest rates rose again; some sellers even had bidding wars going on over their property [more...]

Date: 2009-01-21 11:33:22

President Obama, We Need A Short-term Solution - And Now!

As Americans watch in horror as the economy is nose-diving, it becomes obvious that our nation is desperately in need of a short-term solution, ... . As previously reported, another round of credit card and auto loan defaults loom on the horizon ... as these institutions face another round of multi-billion dollar losses: “Billions of dollars in auto and [more...]

Date: 2009-01-29 23:43:13

Why not just give US the money?

Lame Duck Teasury Secretary Henry Paulsen insisted on talking again today, as did his boss, sending the markets south, ... of wealthy investors: A Treasury news release noted that in 2007, about $240 billion in car, student ... toward consumer loans in the form of credit cards, auto loans and student loans, as well as some forms [more...]

Date: 2008-11-25 19:38:09

Why Free-Marketers Oppose US Auto Bailout

I've been following the story about the auto industry's request for a $25 billion loan package with great interest ... for me to feel sorry for American car companies, especially when the CEOs of General Motors, Chrysler and Ford ... to survival in today's intensely competitive auto market. "Simply by raising the fuel economy standard [more...]

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

THE PROLONGED CRASH

By Alex Smith, Radio Ecoshock Script for Ecoshock Show October 3, 2008 ... - a huge loan from the next generation, the young people already eye-ball deep in credit card debt ... , the giant American Savings and Loan company Washington Mutual was grabbed overnight by the Federal [more...]

Date: 2008-10-02 21:17:25

Scanning the Auto Blogosphere

Hello again, car fans. Let’s get one bit of bad auto news that’s been widely reported over the last week out of the way pronto: ... that the automaker will make up to 3 months of car-loan payments for any Hyundai new-car buyer who loses ... scribe” (does anyone at GM know what newspaper reporters get paid?), was just plain weird. The Car [more...]

Date: 2009-02-26 22:44:42

One bailout supporter?s Doomsday scenario

Evan Newmark, writing on one of the Wall St. Journal’s blogs on Friday, three days before Monday's vote on the $700 billlion bailout plan: ... for in cash. As the credit markets shutdown, the mortgage, auto and small-business loan markets ... Street’s credit cards will be reduced, foreclosure proceedings accelerated and car-leasing programs [more...]

Date: 2008-09-30 19:42:20

Another Week of GW News, August 5, 2007

Courtesy of H.E.Taylor, here is this week's GW news roundup(skip to bottom) Top Stories, South Asian Floods, GWB's Summit, European Heatwaves, Asian Particulates, North Pole Flag, Hansen Hurricanes, Hurricane Frequency, el Niño, Glaciers, Sea Levels, Satellites Impacts, Wacky Weather, Floods & Droughts, Biofuel & Food Mitigation, Transportation, [more...]

Date: 2007-08-06 23:29:00

Another Week of GW News, September 9, 2007

Courtesy of H.E.Taylor, here is this week's GW news roundup(skip to bottom) Top Stories, APEC, Arctic, Polar Bears, Greeek Wildfires, Times Atlas Hurricanes, Felix, Fitow, Henriette, & Gabrielle, ENSO, DSCOVR Impacts, Tropical Rainforests, Wacky Weather, Heatwaves, Floods & Droughts, Biofuel & Food Mitigation, Architecture, Sequestration Journals, [more...]

Date: 2007-09-10 23:05:00

Car Loans

Figuring out which are the Best Credit Cards for you, or learning how to go about applying for an Auto Loan can be overwhelming ... , BestLendingLenders.com is here! They can help you find an auto loan that is suited to your needs ... more frequently than I recall seeing in a while. The same can be said for the number of offers of easy credit [more...]

Date: 2008-09-11 16:52:03

Battle of the Titans

For those of you that prepare yourselves, the OPPORTUNITIES will be abundant and limitless; for those that don't it could be a very difficult period. "Volatility is OPPORTUNITY" and it is still set to skyrocket as G7 Public servants, financial and banking sectors and their crony capitalist campaign supporters try to escape INSOLVENCY and transfer [more...]

Date: 2009-01-15 00:00:37

Ensign's Senate Floor Speech: How to talk about automobile manufacturing without ever using the word "Worker"

“Senator John Ensign today called on the White House to take the option of using the Troubled Asset Relief Program (TARP) ... are in italics. Mr. President, I rise today to speak about the possible bailout of the Big 3 automobile ... domestic products and we MUST revert to “free-marketeering?”American automobile company executives [more...]

Date: 2008-12-20 06:36:00

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