Posted in banking, business, economy, government, politics, tagged banker, Bush, crisis, Democrats, FHA, FHASecure, finance, foreclosure, government-insured mortgage, homeowner, housing, restructured loans on April 11, 2008 | No Comments »
President Bush has decided to scramble for his own federal aid project for homeowners. At the end of the eleventh hour, Bush has decided to head off foreclosures, clashing with both parties who want the government to step in with a broad housing rescue.
Bush plans to use an existing Federal Housing Administration program to enable [...]
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Posted in Islam, banking, tagged bank, banking, Christian, Dubai, finance, interest, Islam, Jew, money, Muslim, usury on March 28, 2008 | No Comments »
Islamic banking refers to banking by the principles of Sharia, the holy law set out in the Qur’an. The Qur’an forbids the charging of interest in exchange for a loan or “riba”. In some cases, this was also the practice of the Catholic Church in post-Roman through medieval times. Modern banking systems are built around [...]
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Posted in banking, business, economy, tagged deflation, dollar, economy, fed, federal reserve, finance, inflation, slowdown, stagflation, stall, storm on March 17, 2008 | 2 Comments »
Over the last two years the dollar has weakened continuously as the printing presses of the Federal Reserve have roared into the night to produce money for two war fronts in Iraq and Afghanistan. The last year has exposed continuing weaknesses against other currencies like the Pound and the Euro. Today, the U.S. dollar hit [...]
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Posted in business, civil rights, doctor, economy, election, government, human rights, medicine, politics, tagged clinic, finance, health, insurance, Massachusetts, medical, penalty, Remote Area Medical, third world on March 5, 2008 | 1 Comment »
The news show “60 Minutes” covered an American relief charity that airdrops doctors and medicine in the wilds of the Amazon jungle. Remote Area Medical recently served the needs of needy Americans in the wilds of Knoxville, Tennessee. A dental and medical clinic was set up in a few hours. All supplies and professional time [...]
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Posted in banking, business, capitalism, economy, politics, retail, sales, tagged banking, congress, consumer, consumer law, credit, credit bureau, fees, finance, government, laissez-faire, marketing, profit, protection, rules on February 21, 2008 | 1 Comment »
You’ve heard the old adage “the most valuable thing is a good name”. You might even hold this to be true. If you listen to the credit industry marketplace, you would be convinced that the protection racket is more concerned about your good name than you are. For example, our friends at freecreditreport.com are singing [...]
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Posted in banking, business, commentary, economy, government, jobs, tagged bank, bond, confidence, credit, fear, federal reserve, finance, government, hysteria, insure, invest, investment, money, politics, psychology, subprime, us-news on February 16, 2008 | No Comments »
Link to Article
“Busted: Bankers and the Digital Economy”
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Posted in civil rights, government, politics, tagged civil, Clinton, election, finance, health, hillary, income, medical, medicine, paycheck, plan, politics, privacy, rights on February 4, 2008 | 2 Comments »
Hillary Clinton: Impeach Resident Evil?
Hillary Clinton has flown perhaps the largest trial balloon of her electoral career. Ms. Clinton recently stated that she was “willing to have workers’ wages garnisheed if they refuse to buy health insurance to achieve coverage for all Americans”.Ms. Clinton had not been forthcoming with the enforcement measures she recommends, but [...]
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Posted in banking, business, retail, technology, tagged addiction, America, atm, bank, convenience, credit, customer, fees, finance, late, money, overdraft, us-news on January 29, 2008 | No Comments »
Overdraft fees have increased. ATM fees are up. Credit card rates are expected to rise, followed by late fees as the market tightens. ABC News 1/27/08 “Today, customers want more than a bank. They want a financial ally who makes itself available to them on their terms.” This is how a bank in India paints [...]
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Posted in banking, business, capitalism, economy, tagged accounting, asset, bank, banking, bilderberger, business, capital, dollar, federal reserve, finance, fractional reserve, inflation, interest, ledger entry, lending, loan, money, monopoly, mortgage, note, risk on January 4, 2008 | No Comments »
This is an mp3 on the basics of the Federal Reserve Bank for those of you that want to listen instead of read. This is basic information, hence the title:
THE FEDERAL RESERVE YOU HAVEN’T HEARD ABOUT
“A License to Steal”
Host: Eddie Sachs
Interview with Larry Bates
Audio Time: 26:13, Broadband recommended, 4.6 mb
Copyright 2005 by End Time
This audio [...]
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Posted in banking, business, tagged adjustment, banking, Basel II, Basle II, British, capital, finance, loan, reserves, rules, sub-prime, unsecured, weakness on January 2, 2008 | No Comments »
Yet again, the British banking industry has taken another hit because of unsecured and “sub-prime” creditors. The Financial Service Authority, a quasi-judicial that regulates financial services in the United Kingdom, ordered the London Scottish Bank to increase reserves to cover the losses to the tune of 13 million British pounds. Previous problems with Northern Rock’s financial crisis and bank run were reported to be unrelated. [...]
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