Payday Loan New Rules Nov 1, 2009 For BC, Canada

New rules for payday loan companies take effect in British Columbia on November 1, 2009. A payday loan is usually less than $1500 borrowed for up to 62 days,and it is unsecured debt. The borrower is usually asked to provide a postdated cheque or a preauthorized debit form...

CANADA: Canwest Files for Creditor Protection

Canada's media giant Canwest Global Communications Corp. is filing for creditor protection today as it restructures its huge debtload. Based in Winnipeg, Canwest owns Global Television and National Post, as well as...

80 days late, Pennsylvania has a budget deal

We waited 80 days for this? Gov. Ed Rendell said there are no winners or losers in the compromise that ended Pennsylvania's 80-day-old budget impasse. Don't believe him. There are always winners and losers in every budget agreement and this one is no exception. If you...

Red ink continues to flow in Pennsylvania

The Pennsylvania Department of Revenue has released tax collection numbers for the month of August, the second month of the new fiscal year (although the state still doesn't have a budget for the 2009-10 fiscal year).Without an approved budget and with last year's budget...

What Is the U.S. Debt Clock?

The U.S. Debt Clock, or formally known as the "National Debt Clock," is a billboard sized located on Sixth Avenue in Manhattan, New York City. The Debt Clock measures the current U.S. public debt and how much...

The “Debt Clock” Goes Online

 So it's now time to have a window open on your computer screen so you can be continually Anxious over the National Debt.  As it stands today, July 11th 2009 each Americans portion of the debt is $37,...

Economist declares economic 'train wreck' in America's future

" If you thought last week’s job numbers were bad, take a look at the latest from Morgan Stanley’s chief economist, Richard Berner. In a research note that’s been making the rounds of economics blogs this...

History lesson for economists in thrall to Keynes

The following report was published on Progress.org, with this introduction: Will America go the way of former indebted empires? We trim, blend, and append three 2009 articles from: (1) Taxpayers for Common Sense, The WasteBasket: A Bulletin on Wasteful Government Spending,...

Merkel Lashes Out at Central Banks

Below article is from today’s The Independent newspaper.I watched her speech yesterday and finally was relieved that someone in power and head of state has got it right. The feds should listen to Angela Merkel...

Bear market trap

The terms bull market and bear market respectively describe upward and downward movements of a market over a prolonged period of time in which prices rise or fall faster than normal. The expressions "bullish" and...

Obama’s Squandering Of More Than Capital

With a straight face, Obama has announced that just as Americans are tightening their belts, so too he is taking fiscal responsibility seriously. He magniloquently claims he has “charged” the OMB to go through the budget line by line taking action to save Americans tax...

Debt Skyrockets During Obama’s First 100 Days

"“I refuse to leave our children with a debt that they cannot repay, and that means taking responsibility right now, in this administration, for getting our spending under control.” — President Barack Obama,...

EVILS OF A PUBLIC CENTRAL BANK AKA THE USA FEDERAL RESERVE

""A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army...We must not let our rulers load us with perpetual debt." Thomas Jefferson,One of the...

Want to go to the American Idol Finale? Pay Clinton's Debt

By Albert N. Milliron, Editor Politisite.com. Iron Mill News Remember the good Ole days when big democratic donors got the opportunity to stay a night or two in the Lincoln Bedroom?  I thought it would be...

The NEW Re-finance change

So the new plan is to refinance the old mortgages into new LOWER interest mortgages and save BIG TIME!!! It’s all money right in the taxpayers pocket.. I know this sounds like the old refinance deal that created all the “cancerous” “toxic” and “bad” paper that...

closeSign in to NowPublic

is reporting from