Bad Credit Loans

The FT’s Martin Wolf poses an interesting hypothetical in this column (dunno about this link, you may have to register), but he fails to answer it fully. The hypothetical goes like this: Suppose that the US presidential election of 1932 had, in fact, taken place in 1930, at an early stage in the Great Depression. Suppose, [...]

The president has ended the war George Bush claimed was over in 2003, but does he have enough fight for the mid-terms? Wait. Didn’t this war end once before? It did, at least rhetorically. Can you guess the date on which President George W Bush, crotch protruding before the eyes of the world, declared the end [...]

Despite an impressive record by the president, discontented American voters are turning against the Democrats They won’t give him a break – literally so. Barack Obama has reached that point of his presidency when he can’t even join his fellow citizens in the all-American tradition of the August vacation without taking a hit. One group of [...]

US unemployment falls by 31,000, more than analysts’ predictions, giving Obama administration a much-needed break from a run of bad economic news The Obama administration got a brief respite from the recent slew of gloomy economic news as US unemployment claims fell more than expected. The US government said 473,000 new claims for unemployment benefit were filed [...]

Republicans dominate narrative as Obama faces wipeout in November polls The narrative in Washington could very easily be “Barack Obama holding his own under tough circumstances”. But instead it’s “Obama teetering on edge of collapse”. The electoral view is that the Democrats are going to be wiped out at the polls this November. The Republicans might take control [...]

Obama’s approval rating is fine, but his party’s fear of the Republicans means they’ll suffer at the polls Question: among Barack Obama, Bill Clinton, Ronald Reagan and Jimmy Carter, which one had the highest approval rating at this 20-month mark in his presidency? The answer is Obama, who, at 44% or 45%, is a few points [...]

General Motors’ flotation plans will be heralded as a triumph for Barack Obama if they prove successful General Motors is expected to publish details of its flotation plans this week, shortly after America’s largest carmaker, which was last summer rescued from financial collapse by the Obama administration, revealed that it had returned to profit. In a [...]

Rising wages and lower healthcare costs will make deficit cutting idiotic. So why do the debt hawks want to copy Kazakhstan? The Washington Post and most of the important people in Washington want the United States to be like Kazakhstan. Unfortunately, this is not another Borat movie; this is the about central focus of economic policy [...]

• American firms shed 131,000 jobs in July• UK thinktank warns British ‘depression’ will last until 2012 Employers in the US shed twice as many jobs as expected in July, adding to fears that the recovery in the world’s largest economy will not see a revival in employment. The dismal US job figures came as the National [...]

Critics are grudging in their credit, but Obama’s tough-love rescue of the American automotive industry is a huge success Apparently, government intervention in the US auto industry is working. The much-maligned rescue of General Motors and Chrysler has revived the companies, which are selling more cars and posting their biggest profits in years. Not that Barack [...]