Bad Credit Loans

In Florida and California, proposals for budgets that prioritise the needs of the poor are aspirational but should be taken seriously In 1909 Britain’s prime minister, Herbert Asquith, and chancellor, David Lloyd George, presided over an extraordinary budget. It raised taxes on Britain’s landed, wealthy elites, so as to provide a raft of social services, from [...]

Banking reforms are toughest since Great Depression and will tighten regulations on bad mortgages and credit access Barack Obama has received a much-needed boost after the US Senate backed the biggest reform of Wall Street since the Great Depression. The bill allows Obama to claim another major piece of legislation to put alongside the economic stimulus [...]

The GOP’s blocking of jobless benefits in the US Senate, while supporting huge tax cuts for the rich, shows its stance is political As the US national unemployment rate remains high at 9.5%, Senate Republicans are persistently blocking the extension of expiring benefits for jobless Americans. Their primary concern is, apparently, that it’ll increase the deficit. “The [...]

US government will be handed the power to seize control of a failing bank and derivatives trading will be subject to new controls Wall Street banks face their toughest clampdown since the Great Depression after the US Senate passed Barack Obama’s banking reform bill. In a historic change, the US government will be handed the power to [...]

It’s neither unlawful nor unethical to bet against your own clients. It’s the way Wall Street works Those Goldman Sachs bankers. Self-serving, intolerable rogues who live in the “la-la land” of ledger entries, doing incalculable harm through their unbridled greed, overseen by supervision inferior to a Las Vegas pit boss. That’s a brief collection of venom spat [...]

So our old pal the US Senate left town without extending unemployment benefits. As a result, somewhere around 200,000 Americans will lose those benefits starting today. You may remember a few weeks ago that it was Republican Senator Jim Bunning who held up extension of these benefits because the Senate wasn’t coming up to any [...]

President Barack Obama vowed in his State of the Union address on Wednesday to make job creation his top priority The US economy is forecast to have gathered steam in the final three months of last year, helped by a gradual revival of the housing market. Wall Street analysts expect growth to have picked up to 4.6% [...]

If Ben Bernanke is approved for a second term as chair of the Federal Reserve Board, the decision will ignore his key mistakes The US Senate’s decision on approving Ben Bernanke for a second term as chair of the Federal Reserve Board is coming down to the wire and the Wall Street crew is once again [...]

Those who blithely allowed the US economy to implode don’t deserve praise for resuscitating it – especially Ben Bernanke The conventional wisdom – or CW – is that Ben Bernanke deserves a second term as US Federal Reserve chairman because of the extraordinary measures he took to prevent the economy from collapsing into another Great Depression. [...]

The American president has been uniquely placed to lead the world on climate change and squandered every opportunity Contrary to countless reports, the debacle in Copenhagen was not everyone’s fault. It did not happen because human beings are incapable of agreeing, or are inherently self-destructive. Nor was it all was China’s fault, or the fault of [...]