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POPSHassle free finance, No Worries Loans You can save and complete the documents, but it is necessary to immediately make money? Do not worry, no problem lending you the money here without all of its assets, and credit rating. It is easy to understand that the unsecured loans and grants of money, without any problem, it may
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POPSWhite House Blogs About Glenn Beck Regardless, let's look at some of the carping and whining: RHETORIC: BECK SAID VANCOUVER LOST $1 BILLION WHEN IT "HAD THE OLYMPICS." Glenn Beck said, "Vancouver lost, how much was it? they lost a billion dollars when they had the Olympics." REALITY: VANCOUVER'S OLYMPICS WILL NOT TAKE PLACE UNTIL 2010. Vancouver will host the 2010 Olympic and Paralympic Games from February 12 " 28, 2010 and March 12-21, 2010, respectively. Yes, Beck was clearly in error about when the Vancouver Olympics will be held. However, his point about that city's financial problems as a result was nevertheless valid and relevant as it pertains to the question about Chicago getting the Olympics in 2016. As the Vancouver Sun reported in January: The City of Vancouver's liabilities to construction of the 2010 Olympic Athletes Village may cost it its favourable credit rating with Standard & Poor's
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POPSGovernment Owned and Operated AIG Failing Another example of what happens when government sticks its nose into private industry. FAILURE! AIG was failing before US taxpayers were forced to bail them out, and guess what they are still failing. How much more taxpayer money is going to be needed to continue to prop up this failed company? And OBAMA wants to run our health care! GET REAL!
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POPSNo hassle payday loans, loans with no hassles If history is a bad credit rating in your dream as a nightmare to get bored then simply ignore them. Today the scenario is quite different. You can receive a loan, despite the fact that he or she has a bad credit record.
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POPSWhose to blame for the housing bubble? Lenders! In my opinion, the housing bubble was caused primarily by one thing - greedy lenders who knew exactly what they were doing and how disastrous the consequences would be long term. This clip from Rolling Stone magazine says it well...
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POPSDeficit forces California to issue IOUs Is it possible that California now has more "takers" than "givers"? Is this the future of other states that have excessive socialist programs? Is this the future of America as we become more socialistic?
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POPS25 People to Blame for the Financial Crisis
Rebubbacans and Ayn Rand disciples abound. Kathleen Corbet Corbet ran the largest agency, Standard & Poor's, during much of this decade, though the other two major players, Moody's and Fitch, played by similar rules. By slapping AAA seals of approval on large portions of even the riskiest pools of loans, rating agencies helped lure investors into loading on collateralized debt obligations (CDOs) that are now unsellable. Dick Fuld steered Lehman deep into the business of subprime mortgages Lehman even made its own subprime loans. The firm took all those loans, whipped them into bonds and passed on to investors billions of dollars of what is now toxic debt. Marion and Herb Sandler In the early 1980s, became the first to sell a tricky home loan called the option ARM. And they pushed the mortgage, which offered several ways to back-load your loan and thereby reduce your early payments, over the next two decades. pocketed $2.3 billion when they sold their bank to Wac
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POPSBlv.it or Not! STILL PressuringCommunityBanks to make risky loans. Aw hell. Since it's mandated, we better make the risk acceptable; bundle the risky ones with the more secure and sell them up to Fannie & Freddie; and then other institutions will have to get in on it in order to get a share of the market (only reasonable) , and now there's real money in this, and Congress not only supports it they get downright pissy and stomp their feet if anyone tries to question the process, and they know that when it breaks down they already have picked out their targets for blame, so we better start selling insurance products on these things cause some will go bad but the Congressmen taking money from, I mean "running" FannieMae tell us it's all good so we aren't too worried about carrying enough capital on hand to meet normal insrnce. levels and there's so much $ being made we've ignited the lobe that kicks greed into the driver's seat and who-the-hell cares anymore....and WHAT?
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POPSFox News began the call for an armed revolution
Beck cheers them on. "This isn't a crazy scenario," he says. The survivalist thing is "likely" to happen. The collapse of Mexico will lead to "a possible uprising here in the United States." Then he turns back to the Wall Street Journal guy. "Real quick, how much are taxes in our scenario of 2014?" "If we tried to pay for all of the spending we have done in just the last 18 months with higher tax rates, the Heritage Foundation and other groups have estimated that the tax rate at the top would have to go to 80, 90, perhaps even 95 percent, which means that 95 percent of everything you make would have to go to the government just to pay for what we have already spent." "And what happens to the people when you start taxing?" "This is going to be violent," another guest answers. "The cities are going to look like Dodge City. They're going to be uncontrollable. You're going to have gangs in control, motorcycle marauders. You're not going to have enough police or federalis, just lik
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POPSSantaCorp Pleads Case For Bailout "You might say it's a perfect snowstorm," said Merrill Lynch analyst Jennifer Rothstein. "The youth consumer market is demanding more for less, at a time when the government and courts have forced SantaCorp to lower its 'good list' credit rating standards. They face increased non-union competition from the East Pole, and huge increases in fuel prices for magical reindeer flying hay. It's a hard sell for the investment community."
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POPSBad Cat Jewelry @ Etsy.com Ohhh I hurt when I look at this! Just gorgeous beaded jewelry. Unique, one of a kind pieces all over the place. Bring your credit card. PLUS...she's having a sale for Christmas!!
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POPSEconomic Common Cents?
Grasping the whole kit and kaboodle is sort of like a small fish trying to swallow a whale. One idea from his smoothly written economic article is how some rules have to be changed. One big bank failed because it's credit rating went down --but this caused a chain reaction of selling of its stock because the real large holders of stocks, Money Market Funds and Pension Funds have rules about what stocks they can hold...only stocks with certain good credit ratings. Or rules that say stocks must be sold if they become cheaper than $5.00 a share. Maybe the whole idea of speculating in the collapse of a stock's price is a bad idea; or computer programmed trading that can send shares down just because the computer program spots a .10-cent profit. Ten cents on a million shares adds up and not bad for one day's work. If you don't care about the survival of the company. For what it's worht, all the 'buzzwords,' and 'linguistic derivatives' are here. Some more ethereal than ot
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POPSS & P Downgrades Rating Of NYTimes To Junk Status The New York Times also indicated in its statement that it may cut its dividend. "Our board of directors plans to review our dividend policy before the end of this year to determine what is most prudent in light of the overall market conditions," said Robinson. It also said it was looking at writing down the value of assets in its New England Media Group, which includes the Boston Globe, by 100 million dollars to 150 million dollars.
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POPS$5-Million Prize to Borswana Uncorrupt former president. The cash prize, worth 3.75 million euros paid over 10 years, Mogae will also receive 200,000 dollars a year for life thereafter. The foundation which awards the prize was created in 2006 by Mo Ibrahim, a Sudanese telecommunications mogul. Joaquim Chissano, the former president of Mozambique, was the inaugural winner. The prize is awarded to African former heads of state or government who have left office within the last three years.
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POPSWhy no outrage over foreclosures? Why do we automatically assume the buyers are at fault? Did they risk other peoples' money? Did they know we were in a housing bubble? Was it explained that the ARM would default if their home value declined? Why do we let professional sales-people make money leading people into the largest purchase in their lives without issuing precautions that first-time homebuyers often do not understand? And why is the homebuyer the loser, rather than the shyster that sold them a loan they could not possibly have understood? Why do we let them take our homes away?
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