FDIC Needs a Bailout from Banks This Time
Because propping up failing banks is tough
It would appear that the FDIC is in need of payday loan lenders these days. Maybe they’ll need something even stronger. But here’s a possible scenario that could be in store for the federal organization that has helped insure customer deposits in failed banks: [...]
Obama | Wall Street Saved at the Expense of You and Me?
Will Obama push finance reform through after health care?
Health care reform may be in the political spotlight right now, but there’s a crisis of another color that hasn’t disappeared. It bears the color of money, a color that many believe President Obama has fed Wall Street but kept from the [...]
Nationalize Banks, Sop Up Bad Credit Personal Loans
Toxic credit? Try bad credit personal loans!
Toxic credit means that banks need bad credit personal loans of their own.
Hugo Dixon reports for CNN Money that the U.S. is fighting the nationalization of its banks. As I see it, one of the reasons for this is that snide talking heads will [...]
Will Wall Street Executives Need Payday Loans After New Salaries?
Obama caps salaries for bailed-out bankers
OK, truth is, Wall Street executives will not need payday loans. But they might feel like they’re scrambling for extra cash now that President Barack Obama has put a limit on bonuses and salaries at banks that receive bailout money. Don’t worry, they won’t starve. [...]
Payday Loans and Unemployment Still Climbing
Jobless rate doesn’t drive down payday loans
Given the unemployment rate and the new rounds of job cuts being announced daily, it’s a bit surprising that the number of people who collect payday loans continues to rise. People collecting unemployment insurance typically don’t qualify for payday advance loans.
Payday loans help in [...]
Banks Fail, We Win, Cash Advance is a Bridge
Cash advance to banks? Absolutely not.
Cash advance for banks will not solve this problem.
Ambrose Evans-Pritchard of London’s The Daily Telegraph reports that former White House Council of Economic Advisers Chair and Nobel Prize-winning economist Professor Joseph Stiglitz has a rather novel approach to the current state of troubled banks. “Let [...]
Bailing Banks, Bilking Taxpayers | By Cash Advance Mojo
Shower the people – with tax burdens
A cash advance can rescue you from one of life’s little financial emergencies. However, when it comes to the recent banking system bailout, “little” is not the operative word.
Lemon Socialism
Rescuing the United States banking system – for which both the George W. Bush and [...]
Banks Buying Off Congress | From Your Payday Loan Source
And they’re doing it with bailout money!
Adam Green of the Daily Kos draws our attention to a controversial Huffington Post story that demands attention of your payday loan source. Without further ado, bring on the horror:
Three days after receiving $25 billion in federal bailout funds, Bank of America Corp. hosted [...]
Bank Execs Keep Jobs, We Still Need Payday Loans
Job performance and job status? Unrelated!
I’d take payday loans before I relied upon loans from a regular bank these days… I was stunned by this. How about you? Despite the fact that the top brass of major American banks have been wheeling, dealing and mismanaging billions of dollars for years, [...]
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