Archive for March, 2010
Will Obama go along with the Buy American plan in the stimulus bill or let the bill fail because?
Berry X asked:
If you are a seminar blogger giving out propaganda from your EU Chinese specialist interest group don’t answer.
Who cares if we have a trade war with Europe they do nothing for working Americans any way Americans love Paris but hate Europe John Kerry lost in 2004 because of it, and the only time Mccain lead Obama was after he went to Europe. If Buy American fails Obama’s poll numbers drop to 40’s.
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 79% to 68% could this be the issue that makes him Carter?
debt solutions
Will Obama be able to fix the fall out of the inflation bubble with the buy american plan?
Berry X asked:
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 baloon loan except it was the retail buisness buying jets and outsourcing customers at the same time.
When you send more then half of your growth to another country it baloons 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 cutomer 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.
There American made products but the unfair big imports gangsters want to kill are working class.
debt solutions
A credit card was offered for making timely payments on my auto loan.Would accepting this card help my credit?
kevinbargas asked:
I have bad credit, but I managed to purchase a new car with a high interest rate. My auto loan is through Capital One. The credit card offer is from Capital One because I’ve made timely payment to them on the loan for 1 year. Would accepting the card help raise my FICO score or hinder it? I thought that applying for new credit cards lower the score.
bad credit car loan
how bad will a voulintary car repossion hurt my credit?
bobbie541 asked:
I need to free up money, need to know how bad a voulintary repo will hurt my chances for a house loan in 4 years
bad credit car loan
I recently paid off 3 credit cards and paid off a car loan; I have poor credit.will this improve my score?
fitgalmel1 asked:
My husband and I have poor credit (mine worse than his) due to being financially irresponsible in the beginning of out marriage (about 6 years ago). Basically, we could not afford our lifestyle and used low limit credit cards as loans, got payday loans, etc. HORRIBLE financial mismanagement. Our next step is to pay off collection accounts (about $3000) between the 2 of us. I alone was using 90% of my available credit…now I am using 37% of available credit; and making on time payments. Will this help my score go up? I know this is a process…my credit score before paying these items was 550 — ouch! Thanks for any help!
bad credit car loan
I have a mortgage for about $68,000 at 6.875% 30 year fixed and an auto loan for $10,000. Should I refinance?
oh so blue asked:
I would like to consolidate and make only 1 payment per month (which is ideally less than my current combined two payments). Is now a good time to refinance? I would consider a 7 year ARM to get a lower rate since I plan on selling my home when I am finished with grad school.
mortgage refinance
How can I purchase my first car? I’m a recent college grad with bad credit low-income?
Kelandranessifa asked:
I’m a 23 year old recent college grad. I just recieved my driver’s license and would like to finally get a new or used car (I’ve been relying on public transportation to get me around). The only problem is, I have very bad credit and make only $700/month with no savings left over each month.
I really need a car by the end of this year. When I get to the point when I can get a car, how much should I have saved up (the average) to get my first car? Given my poor credit and low income, how can I afford/pay for the car (payment plans, financing, leasing, no credit check auto loans etc.)? What other paperwork, tips, tricks, buying info, etc. should I know?
I really appreciate your help! I know nothing about the process and requirements for buying my first car.
bad credit car loan
I want to get a cheaper car, but the loan is more than the value of the vehicle. What can I do?
prairiewind58 asked:
I bought a 2004 Blazer with bad credit, so I have high interest. It’s a six year loan with five to go. I have made payments on time. I’ve been accepted to grad school and want to get a cheaper car (my son is selling me his 00 Honda for $1500 below blue book price). The value of the Blazer is less than the loan. How do I finagle this so I can end up with an affordable car during grad school?
bad credit car loan
Refinancing a really bad auto loan, Credit Union Recommendations?
gamblingsucks asked:
i have an auto loan that I got from Capital one right after Ch 7 discharge for 21k at 25% apr $557. I paid for it for 7 months and then had it refinanced through wells fargo for 20% apr $505 a month.
Obviously this is ridiculous to pay for a car and since im well past my discharge can I refinance again? Someone told me I should look at credit unions and Im wondering if someone can recommend a credit union i can check out online to maybe get my apr to a reasonable rate
bad credit car loan
What Mortgage Company has the ad running that offers a refinanced mortgage, plus an equity line, plus?
dave_from_auburn asked:
credit card that earns dollars that go towards paying the note. It sounded like an interesting deal, but I have not heard it again and can’t remember what company ran the ad.
mortgage refinance