Results for: consumer debt

Oil troubled waters 2
https://pjmedia.com/richard-fernandez/2008/12/16/oil-troubled-waters-2-n186799
– Below the “Read More” The key here is exchange rates and the impact of increased consumer spending driven by the housing bubble … This represents trillions of dollars of consumer demand. Lots of this demand was met by foreign suppliers, most notably China. … At the same time, the high crude prices starting hitting the consumer in the gas tank.…
A bad idea whose time has come--to go away!
https://pjmedia.com/roger-kimball/2009/01/01/a-bad-idea-whose-time-has-come-to-go-away-n115453
– stabilized through similar measures The commercial paper market is flowing via the Fed A $200 billion facility to enable consumerdebt securitization is in place The Fed is purchasing $500 billion of high grade mortgage paper to free up that market The Fed…
Japan, Inc. East Asian Enron?
https://pjmedia.com/vodkapundit/2002/02/28/japan-inc-east-asian-enron-n205638
– Everyone in Japan knows what must be done: Write off bad debt, allow bad banks to fail, provide an RTC-type corporation to deal with … any assets, and deregulate farms and the consumer economy.…
The They Still Don't Get
https://pjmedia.com/vodkapundit/2002/02/22/the-they-still-dont-get-n205518
– Jiang, and think of what the US consumer might do. We are the lifeblood of your regime. … Without our dollars, you can’t prop up your debt-riddled banks or stave off the bankruptcy of your state-owned enterprises.…
Money
https://pjmedia.com/vodkapundit/2002/09/25/money-n212085
– The first is a bubble in consumption, financed by rising levels of consumer debt; the second is a bubble in housing.…
Inside the Higher Education Bubble
https://pjmedia.com/clayton-e-cramer/2011/05/24/inside-the-higher-education-bubble-n11398
– In 2008, CNN pointed out that from 1985 to 2005, college tuition had increased more than four times faster than the consumer price … For a student who accumulated $30,000 in student loan debt, servicing that debt is going to be painful, if at all even possible. … rare exceptions, the only way to avoid repaying that debt is death or total, permanent disability.…
Creative Self-Destruction at the New Yorker
https://pjmedia.com/ed-driscoll/2011/03/22/creative-self-destruction-at-the-new-yorker-n253697
– Something similar often happens on the level of the individual consumer: homeowners rebuilding after a disaster take the opportunity … Europe has arrived at this dismal juncture driven by three forces: (a) large welfare states that were too often financed with debt … Even European countries not facing an immediate debt problem need to reduce budget deficits to retain market confidence.…
Hope and Change and Doom and Gloom
https://pjmedia.com/vodkapundit/2011/04/06/hope-and-change-and-doom-and-gloom-n236929
– It seems likely that the Fed will raise interest rates and launch the Good Ship QE3, in an attempt to disinflate consumer prices while … That’s 11 million American households with a vested interest in inflating away their biggest debt. How many voters is that? … Furthermore, Washington is sitting on $14 trillion in debt.…
A Cold Splash of Reality
https://pjmedia.com/vodkapundit/2011/04/01/a-cold-splash-of-reality-n236907
– Over the 12 months that ended in February, consumer prices increased just 2.1 percent. … Just that increase in what we pay on debt we already owe would be bigger than what we spend each year on defense. … could eliminate one of the three of those, entirely, just zero it out of the budget, and it still wouldn’t pay for the increased debt
Obama Cedes the High Ground
https://pjmedia.com/fred-grandy/2011/04/15/obama-cedes-the-high-ground-n11588
– He announced he does not want a solution to America’s deficit and debt crisis. … on entitlements, discretionary spending, and debt, the Republicans are the only adults in the room. … To the casual consumer of political debate, Ryan is conscientious but not terribly charismatic in carrying the budget message.…
Us vs. Them: The Idle Rich vs. the Working Rich
https://pjmedia.com/frank-j-fleming/2011/05/10/us-vs-them-the-idle-rich-vs-the-working-rich-n11466
– Of course not, so why should the people who already benefited this country by producing jobs and our awesome consumer goods have to … Everyone born in this country owes a huge debt to those who went before and built it up for us, and if you’re not going to try and…
Senator Expresses Concern About DREAMers’ Ability to Afford College
https://pjmedia.com/nicholas-ballasy/2015/11/09/senator-expresses-concern-about-dreamers-ability-to-afford-college-n5862
– During a Senate forum on college affordability and student debt, Hirono asked Jess Sanchez, a teacher at Chapman Heights Elementary … Rohit Chopra, a senior fellow at the Center for American Progress who used to work at the Consumer Financial Protection Bureau (CFPB…
Of Rent-Seeking, Creative Destruction and Societal Reboot
https://pjmedia.com/ed-driscoll/2012/06/08/of-rent-seeking-creative-destruction-and-societal-reboot-n255569
– These groups, operating collectively, can block any overall effort to cut spending or to address the problems of deficits and debt. … the Ruling Class is responding to by burrowing their heads in the sand, and promising to raise even more taxes and ban even more consumer
Obama Made Us Do It!
https://pjmedia.com/victor-davis-hanson/2010/09/23/obama-made-us-do-it-n118072
– Deficits create consumer demands, spread money around to those who need it most, and spur economic prosperity. … Joe the Plumber, Velma Hart, was not faulting Obama for being too liberal in raising taxes, scaring small business, or piling on debt … The problem is not that Obama did not give us enough of it, but that he gave us too high deficits, rising debt, Keynesian stimuli,…
Is the Stock Market Reading the Tea Leaves?
https://pjmedia.com/david-h-horwich/2010/10/13/is-the-stock-market-reading-the-tea-leaves-n12611
– This is happening when the economic news (jobs numbers that sucked on Friday, reports of consumer behavior spending shutting down, … One more chart: This is telling us that the reports of government debt are weighing heavily on the dollar. … In the short run, fear over debt and currency valuations support the prevailing political view.…
Did the DNC Get an Illegal Campaign Loan from Bank of America? (PJM Exclusive)
https://pjmedia.com/richard-pollock/2010/10/27/did-the-dnc-g…egal-campaign-loan-from-bank-of-america-pjm-exclusive-n12512
– Final payment for  the debt will not be required until December 2011. … What if the party found itself in deep debt after losing one or both houses of Congress? … Lewis, is considered one of the Obama administration’s top Wall Street allies on a whole host of issues, from the creation of a consumer
Only a Minority of Americans Now Believe Buying a Home is the Best Investment They Can Make
https://pjmedia.com/belladonna-rogers/2011/07/24/only-a-mino…ans-now-believe-buying-a-home-is-the-best-investment-n150824
–   According to a new Rasmussen Poll, consumer confidence level is, unsurprisingly, at new lows, with 63% saying the economy is getting … Most voters fear than any deal on the debt ceiling debate will raise taxes too much and cut spending too little.…
The Fear-Based Economy
https://pjmedia.com/tom-blumer/2011/07/21/the-fear-based-economy-n11116
– Wynn’s stated indisputable truth must be at the core of the current debt ceiling, tax, and spending negotiations taking place in Washington … Consumer confidence is at its lowest level since March 2009, one of the worst months of the recession. … The director of the widely read Consumer Reports Index stated his belief last week in a radio interview that seeing the unemployment…
Debt Limit Comes Closer as Congress Begins to Move
https://pjmedia.com/peter-roff/2011/07/20/debt-limit-comes-closer-as-congress-begins-to-move-n11122
– Representatives, on a bipartisan basis, approved Tuesday the Cut, Cap and Balance Act that provides for an increase in the U.S. federal debt … The GOP also had a handful of members voting “No,” presumably because they are opposed to raising the debt limit under any circumstances … through the House has forced serious consideration in the Senate of several measures that will also allow for an increase in the debt
For Hollywood, a Tax Too Far
https://pjmedia.com/ed-driscoll/2011/08/07/for-hollywood-a-tax-too-far-n254417
– Well, the debt deal is behind us, but it’s clear that the White House wants more taxes. … Similarly, James Cameron has hectored Americans to reduce consumption, noting that “DVDs are wasteful…It’s a consumer product like … any consumer product” — while simultaneously hawking three different DVD versions of Avatar.…
Two Papers In One!
https://pjmedia.com/ed-driscoll/2011/08/04/two-papers-in-one-8-n254398
– Congress should enact a steep, inflation-indexed hike in gas taxes, one big enough to alter consumer incentives and habits permanently … there weighing down on jobs, sales, and incomes range from the global consequences of the earthquake in Japan to concerns over the debt
Too Interconnected To Fail
https://pjmedia.com/richard-fernandez/2011/08/03/too-interconnected-to-fail-n190827
– That means Obama won’t be able to seat his pick to lead the new Consumer Financial Protection Bureau, former Ohio Attorney General … After passing the debt limit legislation on Monday, House leaders announced they would hold pro forma sessions through August, a procedural…
Ever wonder why California is so broke?
https://pjmedia.com/roger-l-simon/2011/08/10/ever-wonder-why-california-is-so-broke-n151592
– Hotline * California Consumer Information Center * California Consumer Information * California Consumer Services Division * California … Curriculum and Instructional Leadership Branch * California Data Exchange Center * California Data Management Division * California Debt … California Department of Community Services and Development * California Department of Conservation * California Department of Consumer
The Middle East Mess
https://pjmedia.com/victor-davis-hanson/2011/08/24/the-middle-east-mess-n118345
– hurts poorer millions as we see with near nonexistent growth, a declining stock market, a 9.1% unemployment rate, near record low consumer … confidence, record annual deficits and aggregate debt, and soaring fuel and food costs. … And why, given his belief that our debt problem is found in a lack of revenue rather than in wasteful and counterproductive government…
The Five Most Catastrophic Hidden Costs of the Obama Presidency
https://pjmedia.com/kyle-anne-shiver/2011/08/24/the-five-most-catastrophic-hidden-costs-of-the-obama-presidency-n10990
– – are actively entwined in a lawsuit to stop this debt-forcing law. … It might actually come close to the national debt number. … I’m closing this piece with the very best Obama-debt analysis I’ve seen to date. …
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