Even CNN has dropped the absurd lie that Comrade Obama’s rule is going to mean lower taxes for anyone: The more the country lives on a credit card, the more it makes itself beholden to the demands of its creditors — many of which are overseas. The danger is that buyers of U.S. debt could become concerned that the country is running too high a balance. If so, they will demand higher interest rates — thereby making the country’s debt problem worse — or they’ll put their money elsewhere. At
Entries from August 2009
Even CNN Sees Through Obamanomics
August 31st, 2009 · No Comments
Tags: Credit Cards
Home Loans — Federal Regulators Warn Lenders to Be More Careful
August 31st, 2009 · No Comments
Federal banking regulators have recently expressed some concern over the housing market as home prices in the United States have risen to record levels. While homes are more unaffordable than ever for many people, the lending market remains strong, mostly because of the introduction of new, ever-more-flexible types of loans. While these newer loan types, such as the interest-only loan, make buying a home easier for some borrowers, they also propose a greater risk to the lender. The lending mar
Tags: Credit Cards · Debt Consolidation
It’s not yet the end of China’s massive stimulus
August 31st, 2009 · No Comments
By Michael Pettis, China Financial Markets According to a recent article on Reuters , on Saturday Lou Jiwei, the chairman of the CIC, China’s sovereign wealth fund, said at a conference on Saturday in response to a question about his expected performance: “It will not be too bad this year. Both China and America are addressing bubbles by creating more bubbles and we’re just taking advantage of that. So we can’t lose.” In my last entry I noted that after the recent “green shoots
Tags: Credit Cards · Student Loans
Spending Smart in Buying Eyeglasses
August 31st, 2009 · No Comments
Greg Karp just got interviewed interviewed by CBN News. What we saw is that he wearing the $ 8 Rx eyeglasses that he bought from from Zenni Optical online. Of course this became interesting TV show because you notice How You Can Start Spending Smart in eyeglasses. When I check my self about Zenni site, I realized that their collection are My favorite high fashion eyeglasses which is why I stongly recommend you to buy in this shop as well. Related Posts Good News From Zenni
Tags: Credit Cards · Debt Consolidation
Negotiate your debt with Debt Settlement Services
August 31st, 2009 · No Comments
Debt negotiation also known as debt settlement can pacify all your concerns regarding overwhelming debts. Paying the minimum amount of all your monthly installments doesn’t works for long. You will either not find any change in your due amount or you will experience unexpected hikes in your unpaid balances. Excessive use of credit cards for supporting your lifestyle or taking bank loans for buying assets or paying of medicals bills can land you in excess of debt. And then you n
Tags: Credit Cards