Debt Problems

Fix Debt Problems News

  • IMF: Euro in shadow over EU debt crisis Tuesday, July 19, 2011 @ 6:57PMThe International Monetary Fund (IMF) has warned in a report that the ongoing EU debt crisis has put the euro in a “shadow,” indicating that the currency is in jeopardy.
  • How to Contain the European Debt Crisis: Giavazzi and Kashyap Tuesday, July 19, 2011 @ 6:24PMWith Italy now paying the same rates as Spain to finance its debt, the European crisis has reached a critical stage.
  • Gubernatorial Candidate Ron Williams sets up shop in Hattiesburg Tuesday, July 19, 2011 @ 5:33PMGubernatorial candidate, Ron Williams, opened a campaign office in Hattiesburg, and says his main goals are to focus on the education and medical systems.
  • Personal debt: Think global, act local Tuesday, July 19, 2011 @ 4:40PMWe’re doing okay in Canada, but to avoid the economic troubles we see in other countries, it’s time to pay down debts
  • Amid praise from Obama, Gang of Six debt reduction plan gains traction Tuesday, July 19, 2011 @ 4:04PMNewly unveiled bipartisan debt reduction plan gains steam with support of Obama and key senators
  • Marino, Barletta discuss debt vote Tuesday, July 19, 2011 @ 3:48PMRepublican Reps. Lou Barletta and Tom Marino say voting for the House GOP’s “Cut, Cap and Balance” plan to lower the nation’s debt is what they came to Congress to do.
  • Standing up for common sense Tuesday, July 19, 2011 @ 3:37PMLEXINGTON – Nebraska Attorney General and U.S. Senate hopeful, Jon Bruning wants to change the culture of Washington, D.C.
  • Gold price tops $1,600 Tuesday, July 19, 2011 @ 12:03PMELKO — Gold prices broke another barrier Monday as prices closed above $1,600 an ounce on continued worries about the U.S. economy and sovereign debt in Europe.
  • Morgan Stanley Seeks Fixed-Income Rebound Monday, July 18, 2011 @ 12:05AMMorgan Stanley, which last year missed an internal trading-revenue target by over 40 percent, is under pressure to show improvement
  • Quest for SGR reform: Avoiding the eleventh-hour drama Sunday, July 17, 2011 @ 11:51PMThere may be more agreement than ever on the need to overhaul the Medicare physician payment formula, but the process has snagged again on familiar budget disputes.
  • Morgan Stanley Seeks Fixed-Income Rebound After Missing Target Sunday, July 17, 2011 @ 11:28PMMorgan Stanley, which last year missed an internal trading-revenue target by more than 40 percent, is under pressure to show improvement after a two-year effort to turn around the firm’s fixed-income trading business.
  • Fears loan sharks exploiting vulnerable Sunday, July 17, 2011 @ 7:17PMVulnerable Kiwis in trouble with overdue debt have had vital medicines, passports and eftpos cards taken off them, the Law Commission says.
  • Dave Says: No guilt about Mom’s debt Sunday, July 17, 2011 @ 4:31PMDear Dave,
  • Former undercover cop, MP battles PTSD Sunday, July 17, 2011 @ 11:51AMLuke Jensen was patrolling the perimeter of Kandahar Airfield one morning in September 2009 when his radio crackled.
  • July 17: Lew, DeMint, Durbin, roundtable Sunday, July 17, 2011 @ 11:40AMTranscript of the July 17 broadcast featuring Jack Lew, Jim DeMint, Dick Durbin, John Kasich, David Cote, Marc Morial, Diane Swonk and David Faber.
  • Jefferson County wants creditors to ax $1.3 billion in debt Sunday, July 17, 2011 @ 9:37AMJefferson County pushes for creditors to erase $1.3 billion in debt.
  • Letters to the Editor - Navy Community - discussions, photos, video - Navy Times Sunday, July 17, 2011 @ 8:48AMI would like to comment on the mine ship Chief’s most recent failure by the Board of Inspection and Survey [“Mine ship fails INSURV,” July 11]. Our rotational crew had just gone through INSURV on the mine countermeasures ship Champion in April and passed.
  • Dean Heller takes hard line on debt ceiling, wants balanced budget amendment Friday, July 15, 2011 @ 5:31AMPresident Barack Obama has given a deadline to lawmakers in advance of the ultimate default deadline on the debt — figure out what you can sell to your parties by this weekend, and let’s finish this.
  • Blakey Calls For Stable Aerospace Funding Friday, July 15, 2011 @ 4:06AMAIA Concerned By NASA, NOAA Cuts In House Subcommittee Budget Markup As the debt-ceiling debate rages in Washington, the Aerospace Industries Association is expressing concern about cuts being made to the budgets of NASA and NOAA in the House Appropriations Subcommittee on Commerce, Justice and Science markup of the fiscal year 2012 appropriations bill.
  • Obama sets deadline for progress on debt deal Thursday, July 14, 2011 @ 7:27PMWASHINGTON (Reuters) - President Barack Obama on Thursday gave congressional leaders a weekend deadline to find a way to raise the debt ceiling, but a divide over spending and taxes remained a huge hurdle to a deficit-cutting deal.
  • Chopra urges EU action to stem crisis Thursday, July 14, 2011 @ 6:49PMTHE GOVERNMENT has a good chance of being able to borrow in the international markets again if European leaders take measures to stop the euro zone debt crisis spreading, according to the International Monetary Fund official overseeing Ireland’s bailout.
  • Mayors Call for Balanced Approach to Debt Negotiations Thursday, July 14, 2011 @ 5:27PMEarlier this week, President Obama spoke with Los Angeles Mayor Antonio Villaraigosa, Philadelphia Mayor Michael Nutter, and a small bi-partisan group of mayors on the progress towards finding a solution that both lets our nation keep its obligations and finds a balanced approach to deficit reduction.  The President explained why getting our nation’s fiscal house in order must be a top priority ...
  • Rick Perry & Nikki Haley Team Up to Promote the Cut, Cap, & Balance Pledge Thursday, July 14, 2011 @ 4:31PMABC News’ Arlette Saenz (@ArletteSaenz) reports: In a joint op-ed titled “Break the Spend-and-Borrow Cycle” for the Washington Post today, Texas Governor Rick Perry and South Carolina Governor Nikki Haley touted their commitment to the “Cut, Cap and Balance” pledge...
  • Poll: Voters Trust Obama More Than Republicans On Economy Thursday, July 14, 2011 @ 4:30PMAs the debt debate continues to threaten to bring down the American economy and way of life; a new poll found that Obama is the best of the worst when it comes to handling the debt and the economy.
  • Strong JPMorgan profits give banks a boost Thursday, July 14, 2011 @ 3:39PMJPMorgan Chase reported on Thursday that second quarter profit rose 13 percent to $5.4 billion, in spite of lingering mortgage troubles and weak trading results.
  • This is a Special Report On Labor Thursday, July 14, 2011 @ 1:53PMThe U.S. labor market has barely improved since the recession officially ended two years ago. Nearly one in 10 workers remain unemployed, and job creation has stagnated. Archaic labor laws restrict employee involvement in the workplace while forcing many workers to support unions they oppose. Government-employee unions use their enormous political influence to maintain special privileges ...
  • Crusade To Fix Tax Code Gains Steam Saturday, July 9, 2011 @ 4:18PMThe U.S. tax code is thousands of pages of complicated deductions and loopholes. Republicans and Democrats have plans for reform, but does tax reform have any hope of getting through a deadlocked Congress? read more
  • County looks to combat mental health issues Saturday, July 9, 2011 @ 2:33PMThis is the second of a three-part series running each Saturday in the Clinton Herald looking at mental health issues in the state of Iowa and Clinton County.
  • Michael Roth: Our Desperate Need for Honest Leadership Saturday, July 9, 2011 @ 9:00AMSensible government seems to have become a contradiction in terms. Democratic leaders have no ideas of their own, while Republican leaders are dedicated to protecting the rich -- not to fiscal responsibility.
  • U.S. adds 18,000 jobs in June, unemployment rises Saturday, July 9, 2011 @ 8:24AMNEW YORK - The economy added only 18,000 jobs in June, after posting a lackluster 25,000 gain in May. Jobs creation remains moribund and inadequate to appreciably dent unemployment because the economic recovery is simply not gaining steam.
  • Politicians: Where are your plans? Saturday, July 9, 2011 @ 2:12AM"The difference between the right word and the almost right word is like the difference between lightning and a lightning bug." What does independence mean to you?
  • Europe Faces Tough Road on Effort to Ease Greek Debt Monday, July 4, 2011 @ 5:40PMResponding to a French proposal to give Greek banks more time to repay loans as they come due, the ratings agency Standard & Poor’s warned it would amount to a default.
  • Standard & Poor’s Warns Against Plan for Greek Debt Monday, July 4, 2011 @ 3:29PMThe proposal would amount to a default, S.&P. said, because creditors would have to wait longer to be repaid and the value of Greek bonds would effectively be reduced.
  • 5 Economies That Have Been Downgraded This Year Monday, July 4, 2011 @ 11:28AMSeveral countries have seen the rating agencies downgrade their debt this year.
  • A dose of straight talk on the economy for politicians Monday, July 4, 2011 @ 8:10AMUncertainty about the economy, taxes, regulations and spending hurts small businesses. What direction are taxes headed? What will be the impact of the health care legislation passed last year?
  • For the love of money Monday, July 4, 2011 @ 3:14AMThe scale of the budgetary challenge over the short and medium term is beginning to dawn on the coalition government at all levels, from ministers to backbenchers, aides and officials.
  • McCain and Cornyn Say They’re Open to ‘Revenue Raisers’ Sunday, July 3, 2011 @ 4:38PMSenators John Cornyn and John McCain said they were open to tax reform — but not tax increases — as part of a deal over the debt ceiling.
  • Republicans Say They’re Open to ‘Revenue Raisers’ Sunday, July 3, 2011 @ 4:32PMBut the two senior Republicans emphasized that any tax reform should not bring an overall increase in taxes.
  • Fiscal Train Wreck Sunday, July 3, 2011 @ 2:37AMRail Runner faces massive deficits without new revenue
  • Mortgage servicing firms meet with loud criticism Saturday, July 2, 2011 @ 4:41PMErrors, misbehavior point to need for reform Errors, misbehavior point to need for reform
  • Legislators hope new laws slow Nevada foreclosures Saturday, July 2, 2011 @ 10:36AMCARSON CITY, Nev. (AP) — As overgrown yellow lawns and unlit windows dot vast suburban neighborhoods in Nevada, legislators hope new laws they passed this session will make a dent in a foreclosure crisis that is still hitting this desert state the hardest.
  • Clashing with the unions Saturday, July 2, 2011 @ 4:21AMWith Western governments everywhere awash in deficits and debt, recent efforts to curtail public sector costs and curb the bargaining power of civil servants are heartening some and dismaying others.
  • MONTGOMERY: Smith, Petraske to face off in November Saturday, July 2, 2011 @ 3:02AMFew residents turned out at the polls on Tuesday. Republican Rich Smith received 273 votes and Democrat Mark Petraske received 218. The two will face off for the single open seat on the Montgomery Township Committee in Novemberâs elections.
  • NBA owners must prove their losses Friday, July 1, 2011 @ 10:49PMIf you didn’t know better (and you know you know better) you’d believe everybody who owns a sports franchise in America is broker than Frank McCourt. At the moment, half of the major team sports in the United States have locked out their players, the NBA joining the NFL on Friday in what has apparently become a run on padlocks. Call 1-800-PAD-LOCK and you might be on hold alongside Wyc Grousbeck ...
  • Mailbox for July 1 Friday, July 1, 2011 @ 10:38PMThe article recently in The Tribune on illegal immigrants tells us how much is spent on securing the borders. They are here because we make living for them so easy: Free medical care, free food and if their children are born here, they are citizens.
  • Financial Transaction Tax Threat Update Friday, July 1, 2011 @ 4:51PMIn the U.S., nurses and unions are marching on Wall Street and in other money centers around the wor
  • Remarks by the First Lady at DNC event in Burlington, Vermont -- Echo Lake Acquarium and Science Center Friday, July 1, 2011 @ 9:39AMRelease Time:  For Immediate Release Echo Lake Aquarium and Science Center Burlington, Vermont 6:41 P.M. EDT   MRS. OBAMA:  Thank you all so much.  (Applause.)  Your senator, he’s Mr. Photographer here.  He’s right on the money.  (Laughter.)    I am just thrilled to be here.  It is a pleasure and an honor and a joy to be with all of you tonight.  Vermont is beautiful.  We will be back ...
  • Romney to Obama: Quit golf course, work for jobs Friday, July 1, 2011 @ 6:14AMALLENTOWN, Penn. (Reuters) - Republican White House hopeful Mitt Romney accused President Barack Obama on Thursday of failing to understand how to fix the U.S. economy and urged him to focus on jobs instead of playing golf.
  • More Pain Ahead Thursday, June 30, 2011 @ 8:13AM  From www.thetrader.se We passed the Greek Vote. Great news, but is the future all bright now? The Greek quick fix, is just a short term solution, so the country can survive and pay interest on it’s debt, for some months to come. The Greek mess, both Economics and Politics, is not solved at all. The total lack of growth, and the monstrous debt of Greece, will ...
  • Economix: Christine Lagarde and the Demand for Dollars Thursday, June 30, 2011 @ 8:08AMThe likely policies of the European Union and the International Monetary Fund may push a lot of overseas investment into the dollar, raising the possibilities that Americans will continue to overborrow, an economist writes.