For years, President Obama has been clear about his preferred tax policy: Tax the rich more and protect households that make less than $250,000 from higher taxes.
It’s not clear what he’ll say about taxes on Wednesday when he lays out his ideas for how to tackle the country’s long-term debt. If history holds, he’ll stick [...]
Posts Tagged ‘au’
TAX THE RICH! OK, BUT THEN WHAT?
April 12th, 2011 by Financial Writer
Tags: 2012, AIG, au, ben, bipartisan, Debt, deficit, economic, economically, economy, fed, household, households, increase, Invest, investment, lawmakers, money, mortgage, obama, president, rate, spending, taxpayers, ubs, us
more...Oakmark’s David Herro Says Unloved Japanese Stocks a ‘Steal’
February 3rd, 2011 by Financial Writer
Japan’s stock market is more than 70 percent off its 1989 record high and last month the country’s debt was downgraded for the first time in nine years. Time to buy Japanese equities, says David Herro.
“At these prices Japanese stocks are a steal,” said Herro, 50, manager of the $6.9 [...]
Tags: au, bank, ben, business, China, company, Debt, deutsche bank, dollar, economic, economy, economy grew, euro, Europe, european union, exports, finance, glo, government, increase, india, Invest, investment, investor, investors, japan, new york, prime minister, rate, stock, stock market, stocks, the dollar, us
‘Doomed’ FHA short refi starts
February 1st, 2011 by Financial Writer
The Federal Housing Administration, or FHA, has opened its doors for the “short refinance” program that’s supposed to help homeowners who owe more than their home is worth. But skeptics — including my colleague Holden Lewis, who is on vacation this week — have already taken a dim view of the short refi program as [...]
Tags: au, Debt, economic, fed, finance, government, homeowners, housing, Invest, investor, investors, lender, lenders, loan, mortgage, owners, us
Boom Truck Financing
January 31st, 2011 by Financial Writer
Trucks are specialty vehicles, the incomparable services for a number of special operations. Can be used in tree trimming services, loading and unloading heavy products and also for transportation. They are specially designed to offer performance, portability and versatility. In short, they are high performance vehicles. By their very nature, carry higher price tags. [...]
Tags: au, cars, company, finance, financial, increase, lending, transaction, transactions, us, vehicles, visa
Home Loan Loan Fixed Vs Variable Home
January 28th, 2011 by Financial Writer
After the purchase, agreed to house you want, you need to find a mortgage to finance the purchase. This is the hardest part. There are several types of home loans available on the market benefits from various banks and lenders offer different interest rates e.
So the first thing you need to determine [...]
Tags: au, bank, banks, ben, benefits, finance, financial, interest rate, interest rates, lender, lenders, loan, loans, mortgage, mortgages, rate, rate mortgages, us
Kotlikoff: How to Fix the Mortgage Mess
January 17th, 2011 by Financial Writer
Fannie Mae and Freddie Mac. What cute-sounding names. They suggest adorable siblings, not twin financial disasters that may cost $1 trillion when we get the final bill.
According to Edward Pinto, Fannie Mae’s former chief credit officer, in 2008 the two government-supported mortgage finance companies, along with the Federal Housing Administration [...]
Tags: au, bank, banks, borrow, borrowers, borrowing, business, buyers, Debt, economic, economics, fannie Mae, fed, finance, financial, freddie Mac, glo, Global Financial, government, home prices, housing, interest rate, Invest, investment, investor, investors, lender, lenders, loan, loans, money, mortgage, mortgage applications, mortgage finance, mortgage market, mortgages, oil, president, rate, stock, subprime mortgages, taxpayers, ubs, us, wall street
States offer mortgage aid
January 13th, 2011 by Financial Writer
Holden Lewis is on vacation.
States such as Michigan, Arizona and Florida that have been hard hit by unemployment and foreclosures are introducing new programs to help homeowners who can’t manage their mortgage payments.
The federally funded programs offer new help to homeowners who may have been disappointed by other federal government assistance programs.
The Michigan State Housing [...]
Tags: au, bank, bank of america, banks, California, fed, federal government, finance, Florida, foreclosure, foreclosures, government, homeowners, housing, illinois, india, lender, mortgage, mortgages, north carolina, owners, South Carolina, ubs, unemployed, unemployment, us, wells fargo
What Is a Mortgage Promissory Note?
January 12th, 2011 by Financial Writer
There are a lot of different words floating around throughout a real estate transaction, and this jargon can get downright confusing at times. One word that you have likely heard bounced around between real estate agents, escrow or title companies, mortgage companies or lenders, and others is a mortgage promissory note. So what is this?
A [...]
Tags: au, bank, finance, financial, interest rate, lender, lenders, loan, mortgage, mortgage companies, rate, real estate, repayment, transaction, us
Canadian bonds beat world
January 8th, 2011 by Financial Writer
Returns in Canada’s bond market exceeded the rest of the world in 2010, gaining the most in five years, and may outperform again this year amid record foreign purchases of the nation’s fixed-income securities.
The Bank of America Merrill Lynch Canada Broad Market Index, which tracks 1,150 federal, provincial and corporate bonds with a par value [...]
Tags: AIG, au, bank, bank of america, banking, banking system, ben, budget deficit, Canada, company, credit market, crisis, Debt, debt crisis, deficit, dollar, economist, economists, economy, energy, euro, euro zone, Europe, fed, federal government, glo, Global Economy, government, inflation, interest rate, interest rates, Invest, investment, investor, investors, lender, money, new york, oil, rate, recession, sales, us, weak economy
Toyota chalks a win against ‘whistleblower’
January 6th, 2011 by Financial Writer
Toyota Motor Sales Inc. has been awarded $2.6 million in an arbitration case against a former attorney for the automaker. The attorney, Dimitrios Biller, had accused Toyota in court cases and in the media, of covering up safety defects in its vehicles.
In making his accusations, Biller had relied on internal Toyota documents. Biller discussed confidential [...]
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