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Economic problems for banks and corporations abound these days. Times are tight for consumers as well, and payday loans are around to help. However, there’s an area on America’s agenda that shouldn’t be forgotten: foreign policy. In many ways, President Barack Obama is being asked to work miracles. Considering the tensions between the United States and the Middle East, it appears that he will have to work overtime.

Yet in light of Iranian President Mahmoud Ahmadinejad’s recent invitation for Mr. Obama to be interviewed on the Islamic Republic News Agency (IRNA), Obama and America could be receiving a blessing or a curse.

Reach out to the Iranian people

That’s how IRNA views it. Obama could mend the bridge between America and the Muslim world that former President Bush all but destroyed with his “you’re either for us or against us” position. A dialogue between nations could bring about necessary healing. One would hope, however, that the translation of Obama’s words (if he indeed appears on Iranian television) does not become a political hot point in itself.

Ahmadinejad, who no doubt closely follows what Mr. Obama says and does, opportunely timed the invitation after Obama said his administration was looking to rethink America’s relationship with Iran. Ahmadinejad said the following of this opportunity to mend fences: “The Iranian nation is ready for talks (with the U.S.) but in a fair atmosphere with mutual respect.” His plans for discussion with Obama would include “terrorism, the elimination of nuclear weapons, restructuring the U.N. Security Council and fighting drug trafficking.”

It sounds to Cash Advance Mojo like an open, civil dialogue is possible. Now if only the Center For Responsible Lending could see some of the valid points about cash advance loans. If there could be a similar open dialogue, those advocate groups would begin to serve the general public as they never have before.

Rough road, post-9/11

Former President George W. Bush’s “axis of evil” speech did little to endear America to Middle Eastern nations. Ahmadinejad hopes that can change, and Obama’s presidency could do just that. He said during his inauguration that America “will extend a hand if you are willing to unclench your fist.” Since then, he has stuck to his conviction that face-to-face dialogue will be useful.

Ahmadinejad has been cautiously optimistic. He sent a congratulatory message to Obama after he was elected which, according to reports, is the first time an Iranian leader had done that for a newly elected American president since the two nations broke contact in the 1980s for political and ideological reasons.

Better relations, better world, better budget

In many ways, improved relations between the United States and the Middle East would not only go a long way toward a safer world, but also a better world economy where free trade is vital. While this may not mean that Iranians ever decide to use payday loans (they claim religious reasons), perhaps they could come to see that these no fax payday loan products are not usury in the most traditional sense.

Related articles

• Iranian President Mahmoud Ahmadinejad Open to Talks With United States (takepart.com)
• Iran Ready for Talks with United States (politicalwire.com)
• Ahmadinejad: Iran ready to talk to US (guardian.co.uk)

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 Obama administrations are responsible – is what New York Times Op-Ed columnist Paul Krugman calls “lemon socialism.” In other words, “taxpayers bear the cost if things go wrong, but stockholders and executives get the benefits if things go right.” His recent column “Bailout for Bunglers” shows that the more things change, the more things stay the same.

Treasury Secretary Timothy Geithner put the prevailing attitude in no uncertain terms when he said that “We have a financial system that is run by private shareholders, managed by private institutions, and we’d like to do our best to preserve that system.” Looks like taxpayers will be picking up the bill for bankers gone wild.

Mr. President, bankers need to be leashed

Now, something must be done to shore up the financial system. A number of major institutions are dangerously close to the edge and they need more operating capital. Since taxpayer money will be pumping them back up, isn’t it logical to assume that said banks will become publicly owned enterprises?

Yet as Krugman sees it, the Obama Administration is doing everything it can to avoid banks being “of the public, for the public.” Government will buy the most troubled assets of banks and guarantee that the banks will not take hits on the rest. This guarantee serves bank stockholders greatly but does nothing for the public but take their money.

Payday Loans for extra money in emergencies

President Obama was tough on Wall Street firms giving exorbitant bonuses to their CEOs during this crisis, yet he has been relatively silent about the same practice for banks. Too much money is going to be spent fixing the system to allow things to be “business as usual” for executives mostly lacking in restraint, accountability or common sense. Cash Advance Mojo says that Mr. Obama needs a serious gut check. Bankers must be held accountable. With a financial system in good repair, the public won’t have to worry about opportunistic special interest groups reaching into their lives and telling them whether or not they can use payday loans for extra money in emergencies.

Related articles

• Why Your Bank is Broke (time.com)
• Salins on Wealth and Political Power (democracyforvancouver.org)
• David Calhoun Mendelsohn: Transparency, Justice and Clarity in the Economic Crisis (huffingtonpost.com)

Even as he leaves office as one of the most unpopular presidents in American history, George W. Bush won’t be needing payday loans, or really anything else for that matter. The 43rd President of the United States leaves office for his ranch in Crawford, Texas, and will be soon moving into a large home outside of Dallas in an elite neighborhood called Preston Hollow. Preston Hollow is one of the most affluent neighborhoods around Dallas, and most homes there go for over $1 million very easily. Dallas Mavericks owner Mark Cuban will be a few streets down.

He may not be President anymore – but we still foot the bill

In the late 50s, the idea that former US Presidents still needed to draw some sort of a paycheck was on then President Dwight Eisenhower’s mind. His predecessor, and former boss, Harry Truman was running out of funds keeping an office open, and it was thought to be a great injustice. Though the issue had come up as early as 1912, it was decided by Congress that it was a good time to do something about it, and they passed the Former President’s Act. The Act entitled all former Presidents at the time and all who followed after to an annual pension, free medical care at any military hospital, and an allowance for staffers and assistants.

They also receive a fund for travel and any other office leaving expenses available for seven months after the date of leaving office, and with it they may travel to wherever they are going, and obtain office space, equipment, and any printing or postage associated with leaving office. The going rate for a former chief executive is about $191,300 per annum, and it is indeed taxable, so they won’t need payday loans again, for life.

A pension plan has never been refused

It is noteworthy that some Presidents didn’t really need any money going into office, as some presidents, such as Kennedy and Washington, outright refused to be paid, Washington asking only for living expenses getting covered.  That being said, no president has ever refused the pension upon leaving office, and former presidents can earn millions publishing memoirs and going on speaking tours.

Other benefits include up to ten years of Secret Service security detail, and a pension for former First Ladies upon the death of their husbands of $20,000 per annum, along with a Secret Service detail for ten year’s upon leaving office. The law previously was that outgoing Presidents received lifetime details, but it was changed during the later period of the Clinton administration. Bill Clinton is the last president to receive a lifetime detail. It should be noted that only one former president has refused secret service protection, though he maybe needed it due to his unpopularity – Richard Nixon, who discharged his detail in 1985.

A pension in hand is worth a lot to Bush

Say what you want about him, the office has taken a toll.  One year in office extracts about two to four years of ordinary wear and tear on a person, and analysts have said that his administration has put about sixteen years of strain in eight on him at least.  However, his benefits package is so good that he won’t be needing payday loans ever again.

Preston Hollow

George and Laura Bush

Laura Bush’s press secretary confirmed with the AP that the Bushes bought a home earlier this week in the Preston Hollow neighborhood of Dallas. A return to Texas was expected for the Bush family. The Bushes lived in Dallas from 1988 to 1995, followed by a move into the governor’s mansion in Austin. It was presumed that the first family would move back to Dallas, but the exact location wasn’t finalized until now; the Bush family’s new address will be 10141 Daria Place. The Preston Hollow community is a wealthy neighborhood in north Dallas, home to some of the most affluent Texans and the most expensive houses in the state. The price tag on the Bushes’ new home is approximately $2 million. The Bush family intends to keep its ranch in Crawford, Texas in order to make weekend visits.

The Perfect Purpose for Payday Loans

If you can afford to purchase a $2 million home, you won’t be needing payday loans. However, some families planning to make a big move into an affordable home, still need payday loans. There are many skeptics out there who doubt the validity of payday loan use; they believe payday loans are simply a trap into a bigger, deeper cycle of debt. On the contrary, payday loans are an extremely valuable resource, and moving into a new place is a perfect example of why payday loans are so practical.

Moving into a New House

Have you ever purchased a house? If so, you know that you can’t choose the exact dates you move out of your old place and into your new place. Your move date hinges on a few factors you can’t control, like the escrow closing dates and your work schedule. Because you’ve already spent most of your money to cover the down payment, other fees, and everyday living costs, you’re going to be strapped for cash. So when the moving date(s) happen to fall in the middle of your pay period, you may not be able to cover the costs of moving. It’s not that you can’t afford to move or that you can’t afford your new home. It’s that the timing of the move isn’t conducive to your paycheck schedule. Payday loans can cover the moving costs and get you into your new home, and you can pay the loans off as soon as you get your next paycheck. A cycle of debt? More like a practical financial tool.

Apartment Deposit

Have you ever been apartment hunting? If so, you know that in the blink of an eye, someone else can rent the apartment in which you are interested. You could find the apartment of your dreams in an online ad while surfing the Internet at work, but by the time you get off work to check it out, your dream apartment is long gone. One crucial aspect to claiming your new apartment is the deposit. So what happens when you find the perfect apartment just after paying your monthly bills? Now you can’t scrape up enough money to cover the deposit until you get your paycheck next week. You know that apartment won’t be available in a week. That apartment won’t even be available tomorrow. A payday loan would help you make the deposit and stake your claim on that apartment. You can pay the loan off next week. A cycle of debt? More like a smart money move.

Financial Freedom

George Bush may not need payday loans to move into his new multi-million dollar home, but at least he believes in financial freedom. Bush believes that people should have access to payday loans to cover moving costs, an apartment deposit or whatever costs the situation calls for. Good thing you realize that payday loans are a smart way to manage your short-term financial obstacles.