Framing the Geithner Bank Plan « The Baseline Scenario
The task is not so much to force lending to increase now, but rather to clean up the banking system so that, when the recovery begins in earnest, credit will be available on reasonable terms and subject to sensible lending standards. …  read more…

Arizona State Credit Union launches mobile banking – Mobile …
Arizona State Credit Union has become the first credit union in the state to offer mobile banking to its members.  read more…

On Signing Credit Agreements between Vnesheconombank and …
The credits are aimed at financing supplies of TU-204SE aircraft and auxiliary equipment under the export contract between Aviaimport SA and OJSC Ilyushin Finance Co.  read more…

From Google Blog Search

World Equity Markets took Two Steps Forward & Two Steps Back
It was a case of two steps forward and two steps back last week for world equity markets. Global equities were served a reminder of just how difficult bear markets can be. Traders are quick to grab wh…  read more…

Traveling Through Recession
After everything was said and done in 2008, the outlook for the coming financial quarters was very bleak. With companies going bankrupt left and right and employees getting laid off in the hundreds of…  read more…

How Factoring Can Reduce Your Own Personal Risk – Thinking Outside the Four Walled Box
With recession here to stay it is a time of reflect on your own personal risk associated with your business. Whilst there will be opportunities presented for many SME’s, for most companies, recession …  read more…

From GoArticles.com

Best Student Card – Apply Today

http://www.InstantApprovalCreditCard.Info/2008/01/23/what-is-the-best-student-credit-card-offer-on-the-market/
Learn the Best Student Card Offers and get instant approval when you apply with low APR.

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Open Question: Why do you stop spending money when you are in debt, but the government spends more money when in debt?
When most people have no money in the bank, they’ve run their credit cards too high, and they can’t pay the light bill they start cutting back on expenses and start looking for other ways to make money. Yet when the federal government has an already gigantic budget deficit, the government starts spending money like there is no tomorrow.

When President Obama speaks of change he must not be referring to keeping a balanced budget, or am I missing something?

  read more…

Open Question: New credit score, today I got my Social security number?
Hello, I’ve been living in USA for 2 years, I have a free checking account in Washington mutual since 2006 and I have their debit card, that’s it.

Today I received my social security number, will I have a Fico credit score? or I must wait? or I should apply for a credit card?

can I make use of the checking account? I can call the bank and give them my Social Security number and they can report the account age to the credit score Bureau, giving me a good history?

Thank you

  read more…

Open Question: Will Obama go along with the Buy American plan or let the bill fail because?
There are 12 Democratic Senator who only signed on because of Buy American.

A poll shows 90% support Buy American but only 38% support the rest of the bill.

Why did buying decrease? Credit implosion.
Why did the credit go bad? Bad credit standards.
What did they buy? Outsourcing.
Where is are industry that can rebuild our economy? China.

In the last 15 years imports have roase 1500% while exports dropped 1100%.The credit debt of Americans has increased along the same lines as there are fewer dollars from GDP going to workers. This meant consumption went up and industry went down. This could be compared to a poor man with balloon loan except it was the retail Business buying jets and outsourcing customers at the same time.

When you send more then half of your growth to another country it balloons faster then a bad loan. When it fills to much with inflation and credit debt it pops. Then you have no industry, the retailer have a smaller customer base, and the banks have more debt then equity.

The only solution that works is to rebuild what every enemy in the world fears American industry and are workers so much better that when even threaten it the crooks around the world scream in fear.

We need to tax non American made goods in stores to make the consumer not want to buy them.
Obama’s rating dropped from 70% to 68% could this be the issue that makes him Carter?
Well to bring you past a 6th grade education that would mean 11 times.
Who cares if we have a trade war they do nothing for working Americans any way.
Americans love Paris but hate John Kerry lost 2004 because of it, and the only time Mccain lead Obama was after he went to Europe.

  read more…

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Twitter Got my first credit card and net banking accont today on office account. Net banking would be useful to make payments online.
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Twitter @ilinap credit unions are great! i use one for most of my “banking” needs…
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FriendFeed Krugman says Obama should nationalize banks – do you agree?
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 Credit banking Global recession – where did all the money go? | Business | guardian.co.uk
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