Dodd’s Reform Bill Threatens Power of Federal Reserve

Debt Relief Would Be a Whole New Ballgame
The people of American are looking for debt relief any way they can find it these days, and it appears that the only way true gains in this area are going to be made is if major restructuring of America’s financial regulatory agencies [...]

Senator. Chris Dodd (Photo: Wikipedia.org)

Congress Calls for Financial Overhaul to Help Debt Relief

Regulating the Banking System
Due to the recession, people are looking for debt relief more than ever.  Credit lenders are no longer as readily available as they once were.  Mortgages are difficult to handle.  The unemployment rate continues to rise.  Because of these problems, the Obama administration is calling for a [...]

Will the Federal Reserve create the framework consumers need to experience debt relief? (Photo: flickr.com)

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 [...]

Is that a halo or are you just happy to see the bulls running like they did in the old days? (Photo: advancethstruggle.wordpress.com)

A Payday Loan can be a Welcomed Answer for a Struggling Consumer

How can consumers solve money problems in this economy?
Payday loans may help consumers solve temporary money problems in a volatile market. The current recession is quickly being assessed as a long-term situation that consumers and businesses will have to maneuver through carefully. A quick-fix is not realistic. Though there are [...]

Stock Exchange

Durable Goods Orders Up | Are We Buying Again?

Orders for big-ticket items up
Perhaps it was the Obama press conference March 24, in which he revealed that the Federal Reserve may begin buying Treasury securities. But whatever the case, Greg Morcroft of the Wall Street Journal reports that U.S. financial stocks have, for the time being, regained positive footing. [...]

Fed Announcement Reveals Plans to Buy Securities

Federal Reserve aims to lower interest rates
The United States Federal Reserve said today that it will spend another $1.2 trillion to stimulate the economy. The Fed’s announcement has already caused stocks and oil prices to rally.
The Fed said in its announcement that it is trying to lower interest rates and [...]

United States Federal Reserve headquarters

New Government Program Offers Loans to Individuals, Businesses

Fed plans to profit from loans
Well, it seems the feds are so fed up with the lending world, they’ve decided to take matters into their own hands.
The Federal Reserve and the U.S. Treasury have started a new program through which consumers and businesses can take out loans directly from them.
Know [...]

money flag

Swift Boating Subprime Lender into Being Honest (Pt. 3)

John Kerry’s heart bleeds for the CRL
Starkman goes on to attack and defend in forgettable style. Click here if you missed parts one or two.

“Now the Swift Boat-style campaigns against borrowers and their advocates have begun; business journalists just need to be on guard.”

Last I checked, Forbes has a distinguished [...]

From wikimedia.org

Economic Conspiracy?

President Obama’s inauguration speech
President Barack Obama, the 44th President of the United States of America, came to the Throne of Presidency during times of heavy economic tribulation in this country.  President Obama clearly understands this, as it was one of the first things mentioned during his inaugural address.  The purpose [...]

Presidential Inauguration 2009

Payday Loans Abound | Bernanke Says Economy Could Turn Around

Americans need payday loans to bail them out
More and more consumers are seeking personal bailouts in the form of payday loans as the economy continues to shrink. Also, more consumers than ever before believe that the financial crisis won’t get better any time soon.
However, Federal Reserve Chairman Ben Bernanke says [...]

Ben Bernanke

No Zombie Banks, Just Payday Loans For Living

Payday loans for reanimated banks?
Payday loans are for living. Zombie banks are mythological husks of a dying economy… right?
Greg Robb of MarketWatch reports that Ben Bernanke and the Federal Reserve are denying that the government has seized control of any banks, or that this will ever be necessary. There is [...]

Grosback Reborn

No Cheap Loans Coming From the Federal Reserve

Cheap loans? Not from the Fed
When it comes to financial relief in America, Axel Merk sees no cheap loans on the way from the Federal Reserve.
Merk, the president and CIO of Merk Investments, recently contributed an editorial to the “Investors’ Soapbox AM” segment of Barron’s that criticizes Federal Reserve Chairman [...]

The Federal Reserve

Fed Predicts Recession Will Deepen | More Payday Loans for U.S.

Payday loans popular in tough times
As the recession has gotten worse for several  months, more people have needed payday loans to help out with finances. It’s ironic that so many states are pushing legislation to limit payday loans at the time when people need them more than ever.
If the Federal Reserve’s [...]

Federal Reserve

New Federal Reserve Payday Loan Study Chastens Critics

Payday loan study brings the facts
Gregory Elliehausen of the Board of Governors of the Federal Reserve system recently produced a telling payday loan report entitled “An Analysis of Consumers’ Use of Payday Loans.” This report gives us a glimpse into the demographic characteristics of payday loan customers and shows us [...]

Shopping on payday

Fed Ready to Buy Treasuries | by Your Online Payday Loan Store

Federal interest rate stays at zero
Your online payday loan store keeps you informed about the nation’s financial crisis.
The Federal Reserve recently has changed its focus from interest rates to emergency credit programs. Today it announced it is ready to start buying Treasury securities in order to resuscitate lending. The federal [...]

Bernanke

Federal Financial Oversight | By Your Online Payday Loan Source

Will initiative give the Fed too much power?

Your online payday loan source keeps you updated on the nation’s financial crisis.
Congress is working on a new initiative that would allow the Federal Reserve to closely examine the workings of several companies in the financial sector. Several federal agencies currently regulate specific [...]

House Financial Services Committee Chairman Barney Frank is drawing up legislation that would allow the Fed to oversee the financial system

Payday Loans in New Hampshire: Competition is the Solution

Only looking out for their bottom line?
Payday loans may be on their way out in New Hampshire, and while a new personal credit line product may step in to fill the gap for consumers who genuinely need the product, it may or may not receive approval from the FDIC. This [...]

Montana, Cap Payday Loans and Hurt Your Population

Financial Resources Over-Regulated
Despite the fact that payday loans have been a boon to cash-strapped consumers who need a little help between paychecks, bank-controlled government acts in the best interests of their campaign supporters, rather than in the best interests of the people. Some take this path, while others recognize their [...]

Payday Loans Have Credit Cards Playing Catch-Up

Payday Loans or Credit Cards?
Payday loans are a fantastic option for consumers who need a small amount of cash right away and require convenient access to funding services and wish for the kind of discretion that will not impact their credit report. These are all things where the old standby [...]

cash-or-plastic1

Feds Cut Rates again, Payday Loans Help while we Wait for Economy

While we wait for the economy to come back, payday loans can help. With the recession continuing to cripple the financial market, the Federal Reserve is prepared to cut interest rates to an all-time low in a desperate attempt to stimulate the weakened economy and put extra cash into the [...]

United States unemployment rates 1950-2005