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Debt Problems News

Beck Says Rally Showed Discontent With U.S. Direction Sunday, August 29, 2010 @ 10:33AMFox News commentator Glenn Beck said the hundreds of thousands who attended his rally yesterday in Washington were expressing a deep dissatisfaction with the direction of the country under the Obama administration.
State rep campaign kicks into gear; Reeves, Lavielle pound the pavement Sunday, August 29, 2010 @ 10:31AMDemocratic State Rep. Peggy Reeves and her Republican challenger, Gail Lavielle, have spent the summer ringing doorbells and making phone calls, striking up conversations about the economy, jobs and other issues facing voters.
5th candidate has long history of personal debt Sunday, August 29, 2010 @ 10:05AMYet Clark says his financial difficulties do not undermine his campaign’s platform. The federal government , in his view, has been living beyond its means and leaving the bill for future generations of taxpayers.
Norway "Bomb Plot" Underscores Al Qaeda Pitfalls Sunday, August 29, 2010 @ 9:30AMPolice Find Suspected Bomb Lab in Oslo Flat by Intercepting Emails; Says Plot "Doomed to Fail"
SEC Wants Securitization Made Easy Sunday, August 29, 2010 @ 9:26AMIt has proposed that issuers disclose computer programs for each new asset- or mortgage-backed security. This is a great idea. SEC - Asset-backed security - Security - Securitization - U.S. Securities and Exchange Commission
How to ... use dread disease assurance Saturday, August 28, 2010 @ 8:35AMDread disease cover is a relatively new aspect of assurance cover. In the seventh part of our "How to" series on life assurance, we look at this often overlooked but important aspect of risk cover.
In retrospect: news from 50 and 100 years ago (PODCAST) Saturday, August 28, 2010 @ 8:17AM100 Years Ago
New credit card laws will affect college students Saturday, August 28, 2010 @ 8:01AMSeveral new laws approved by Congress that went into effect Aug. 22 restrict the availability of credit cards to college students.
Huge losses put federal flood-insurance plan in the red Saturday, August 28, 2010 @ 7:16AMIn Wilkinson County, Miss., a home has been flooded 34 times since 1978.
State aid payments to Genesee County communities in question as state budgeting continues Saturday, August 28, 2010 @ 7:13AMGENESEE COUNTY, Michigan — Millions of dollars that local communities rely on to fund police and firefighters or fix roads are hanging in the balance as lawmakers continue to wrangle over the state budget. The Democrat-led state House this week...
Queasing over Quantitative Easing, Redux Saturday, August 28, 2010 @ 6:56AMBy David Merkel. People are good about making binary comparisons for the most part, leaving aside come of the more complex choices highlighted in the book, "Priceless." Would you like coffee or tea? Do you prefer this room painted blue or white? Read more » »
International Forecaster August 2010 (#7) - Gold, Silver, Economy + More Wednesday, August 25, 2010 @ 10:15AMThe following are some snippets from the most recent issue of the International Forecaster. For the full 33 page issue, please see subscription information below.
Superintendent unveils budgets Wednesday, August 25, 2010 @ 10:14AMEAST PROVIDENCE - School Superintendent Mario Cirillo presented the school committee with his budget proposal for fiscal year 2011 (FY11) Tuesday night, a plan that comes about $1.5 million less than FY10.
Former Lakeville clerk gets 3 years for embezzlement Wednesday, August 25, 2010 @ 10:08AMSOUTH BEND — A judge this morning sentenced Lakeville’s former clerk/treasurer to three years in prison for embezzling about $30,000 in town money.
Philrealty sets P1B for 2nd Andrea North tower Wednesday, August 25, 2010 @ 9:58AMListed realty firm Philippine Realty Holdings Corp., is eyeing to spend around P1 billion for the construction of its second tower in Andrea North in New Manila, Quezon City, as it starts the turnover of the units for the first tower of the five-building project.
Chilean Peso Weakens Most Among Emerging Markets on U.S. Data, Ireland Wednesday, August 25, 2010 @ 9:55AMChile’s peso fell, leading declines by emerging-market currencies, after Standard & Poor’s cut its rating on Ireland’s debt and U.S. durable goods orders increased less than forecast in July.
Strategist wary on equities Monday, August 23, 2010 @ 11:16AMDespite the recent market rally, Andrew Freris, a senior investment strategist at BNP Paribas Wealth Management, remains wary on equities, which he is recommending clients to “progressively underweight”.
Local News Monday, August 23, 2010 @ 11:07AMThe name of West Virginia’s next U.S. senator is among the 14 on a special primary ballot to go before voters on Saturday.
On the Mark : The real importance of the tea party Monday, August 23, 2010 @ 10:54AMThe tea party movement is attracting a lot of attention. The folks involved have been praised by some and condemned by others. There have been plenty of accusations by both supporters and detractors over what this new movement is and what it stands for. If you are on the outside looking it and trying to figure out whether or not this is something you would like to be involved with, the view is ...
New credit card rules: What they mean for you Monday, August 23, 2010 @ 10:47AMNew rules took effect Sunday, providing more protection for consumers against credit card abuses.
Pension Fraud in New Jersey Puts Focus on Illinois Monday, August 23, 2010 @ 10:36AMCities and states are scrambling to make sure their pension disclosures are in order, and investors in distressed debt are scrambling, sensing opportunity.
Video: 7th District candidates discuss jobs, spending Monday, August 23, 2010 @ 10:30AMPHILADELPHIA — The Republican and Democratic candidates in the 7th Congressional District race agreed on several issues during a recent joint debate, but also tied one another to flaws of the Bush and Obama administrations.
Radnor revenue growing, but problems loom Monday, August 23, 2010 @ 10:24AMBudget season for local municipalities is approaching, and shortly officials will be presented with the realities, often harsh these days, of how the financials stand for the rest of 2010 and for next year.
Murphy goes door-to-door to get votes, feedback Monday, August 23, 2010 @ 10:06AMNEW BRITAIN — On Monday, U.S. Rep. Chris Murphy, D -5th District, will mark the halfway mark of his 2010 “41 Towns in 41 Days” door-knocking tour in Cheshire, his hometown.
Taxing Wasco County Saturday, August 21, 2010 @ 1:56PMSo far, Wasco County taxpayers will decide on three tax measures on the Nov. 2 ballot. A fourth could come in before the Sept. 2 filing deadline, but according to Wasco County Deputy Clerk Linda Brown: “I only have three right now – two from the county and one from the college.”
Cairns Holdings embarks on recapitalisation Saturday, August 21, 2010 @ 1:52PMDIVESIFIED food and beverages manufacturer Cairns Holdings is restructuring its capital to weather the difficult operating environment.
Result is devastating for Gillard and coup makers Saturday, August 21, 2010 @ 12:35PMThis devastating result for the Gillard government is a huge indictment of Labor, which has squandered the opportunity the Australian people gave it in 2007.
Guest Post: Preserve and Protect: Mapping The Tipping Points Saturday, August 21, 2010 @ 11:30AMSubmitted by Gordon T Long of Tipping Points Preserve and Protect: Mapping The Tipping Points The economic news has turned decidedly negative globally and a sense of ‘quiet before the storm’ permeates the financial headlines. Arcane subjects such as a Hindenburg Omen now make mainline news. The retail investor continues to flee the equity markets and in concert with the institutional players ...
Another nail in the coffin Saturday, August 21, 2010 @ 11:20AMThere is talk everywhere these days of another downturn in the economy. More and more, experts are either predicting an imminent return to double dip recession, or claim that we are already in that position.[...]
Study: Port rail plan needs $75M Saturday, August 21, 2010 @ 8:35AMA new study of the Port of Vancouver’s signature project — a planned 27-mile expansion of rail tracks to speed cargo and handle more of it — says the port will have to borrow as much as $75 million to cover a shortfall and should adopt plans to avoid cost overruns. The West Vancouver Freight Access project will cost $148 million from 2011 to 2017, when it’s expected to be completed, according to ...
Letters to the Editor published Saturday, Aug. 21, 2010 Saturday, August 21, 2010 @ 8:33AMThe beat goes on regarding the Brock/Waddle tiff. Local news articles have been large (1,300 words) to gargantuan (3,200 words). Statements quoted from both individuals appear endless but nowhere in the articles were answers to questions regarding some of their statements.
Melanie Sloan: For-Profit Education: Will We Ever Learn? Wednesday, August 18, 2010 @ 10:12AMEarlier this month, the Government Accountability Office (GAO) issued a scathing report about the for-profit college industry. After conducting undercover tests at 15 for-profit colleges,...
Defying others, Germany finds economic success Wednesday, August 18, 2010 @ 10:09AMBERLIN - Germany has sparred with its European partners over how to respond to the financial crisis, argued with the United States over the benefits of stimulus versus austerity, and defiantly pursued its own vision of how to keep its economy strong.
Heading Back to Campus? Try These Money-Saving Tips Wednesday, August 18, 2010 @ 9:51AMHere are eight tips to keep in mind when preparing to head back to campus.
GOP targets Markey with ad money Wednesday, August 18, 2010 @ 9:45AMThe National Republican Congressional Committee plans to run TV ads in the 4th Congressional District this fall, several national media outlets are reporting, but money challenges and a wealth of races to target make it unlikely the committee will spend at its previous levels in the district.
Corporate: Tuna port project all at sea Wednesday, August 18, 2010 @ 9:32AMCan an investor be assured that a bond backed by a letter of support from the government will not go into default sometime down the road?
Eisenhower Medical Center raises $110 million to aid hospital programs Tuesday, August 17, 2010 @ 3:22AMEisenhower Medical Center has raised $110 million by issuing tax-exempt bonds to finance several key programs and refinance short-term debt.
A Truman lesson for a Democratic president Tuesday, August 17, 2010 @ 3:11AMhttp://www.JewishWorldReview.com | With his finger firmly pointed at his predecessor, it may be time that Barack Obama invites David McCullough to the White House for a chat.
EU to quicken pace of economic reform, say officials Tuesday, August 17, 2010 @ 2:59AMTalks to reform the way the EU can reduce its debt problems and supervise financial institutions have been moved forward to catch up with a faster reform process in the US, say sources.
Building firm Rok swings to loss Tuesday, August 17, 2010 @ 2:30AMBuilding and repairs group Rok reports a loss for the first half year, partly due to restructuring and redundancy costs.
NTMA to raise €1.5bn in Government bonds Tuesday, August 17, 2010 @ 2:29AMThe National Treasury Management Agency is to raise up to €1.5bn later this morning in the latest Government bond auction.
RICH PICKINGS: D-day for DFO duo? Sunday, August 15, 2010 @ 11:39PMThe founders of the DFO retail chain have reportedly entered crisis talks with lenders. 16 Aug 2010 2:32 PM
Halting the economic collapse requires understanding global macroeconomics Sunday, August 15, 2010 @ 11:30PMOrthodox economic theory does not acknowledge the amply documented fact that financial actors can not only influence but actually manipulate the market, make it move in a particular direction. . . . Economic theory does not address the structural causes of economic collapse. . .
Europe shares edge up for 2nd day Sunday, August 15, 2010 @ 11:01PMEuropean shares made modest gains for a second straight day on Friday, but finished lower for the week.
Telstra’s dividend under siege Sunday, August 15, 2010 @ 10:53PMTelstra’s problems are similar to those of the Greek government - both face a sluggish or even negative revenue outlook and rely on licks of debt from their lenders.
New law makes it tough for college students to establish credit history Sunday, August 15, 2010 @ 9:52PMFinancial expert Rodney Anderson offers parents & teens tips on establishing good credit under the restrictions of the Card Act. According to Sallie Mae, the average college-age credit card holder carries a balance of more than $3000. The new law, known as Card Act, is designed to prevent college students from amassing crippling debt, but one expert thinks it could lead to other problems ...
The real-life crack cocaine addiction story behind Phil Mitchell’s shocking EastEnders scenes Thursday, August 12, 2010 @ 2:11AMEastEnders fans watched in horror this week as Phil Mitchell took his first hit of crack cocaine.
Subpoenas issued in recall probe Thursday, August 12, 2010 @ 2:09AMJohnson Johnson disclosed Wednesday that the health products giant has now received multiple subpoenas from federal prosecutors related to repeated recalls of Tylenol and other consumer health products.
Summer Rerun: On What the Fed Hath Wrought (So Far) Thursday, August 12, 2010 @ 2:08AMThis post first appeared on August 21, 2007 A gut-wrenching two weeks in the credit markets have been capped by unprecedented moves by central bankers. The ECB’s offer of an unlimited infusion to member banks the week before last was followed last Friday’ by the Fed’s discount rate cut, which included stern warnings that those [...]
SORRY, MONEY IS JUST VERY TIGHT RIGHT NOW.. Thursday, August 12, 2010 @ 1:58AMEXCLUSIVE: Last Facebook note of mum killed by debt suicide hubby