Archive for October, 2010

Private Student Loans: Is the Next Wave of Financial Meltdown Here?

Earlier this year I wrote a blog post, predicting what the next wave of financial meltdown would be. The housing crisis was the reason for the recession we are in today but the next one will be the private student loans industry. Very similar to the mortgage industry during the housing boom, student loans have [...]

US Battle Against Payday Loans

Another US State government just decided to tighten the regulations of payday loans or cash advances. For borrowers and potential borrowers this is good news. The new regulations are focusing mainly on the amount of interest that they lenders are allowed to charge. For many years this has been going on where more and more [...]

Jim Rogers: QA at Misis Institute Supporters Summit – Should We Move to Singapore?

Jim Rogers on a QA session with Lew Rockwell and the audience. Jim Rogers actually sees that there is a possibility of another war coming. According to historians, whenever you have had a shortage of raw materials in the world, it is led to war. The same will happen in today’s world, where shortages of [...]

How to Consolidate Payday Loans and Get Out of Debt

(DebtConsolidationCare.com) Debt consolidation is applicable mostly to internet payday loans. Here’s a step-by-step approach on how to consolidate payday loans held by your creditors. 1. Calculate debt amount: Find out the outstanding balance on your payday loans and other unsecured debts (if any) using the Unsecured Loan Calculator. 2. Contact consolidation company: Approach a debt [...]

‘Debt-Free U’ Offers Degree in Saving on College Costs

By Kerry Hannon Special for USA TODAY Imagine you’re a 21-year-old college senior with no student loans, a stock portfolio — and a job. Meet Zac Bissonnette, author of Debt-Free U: How I Paid For an Outstanding College Education Without Loans, Scholarships, or Mooching Off My Parents. There aren’t a lot of students like him [...]

Government Approves College Private Student Loans for Parents Who Can’t Afford Them

The U.S. Department of Education may be approving federal parent loans for parents of college students even if the parents can’t afford them, according to several college financial aid officers who spoke with U.S. News & World Report. Federal parent loans — known as PLUS loans — are credit-based, government-issued education loans available to parents [...]

Gerald Celente: In 1933 Americans Turned in Their Gold – Today, History May Repeat Itself

Gerald Celente on KSFO 560 Radio: Back in 1933 when Roosevelt became President, they passed the  National Emergency Banking Act. What they did was they called the bank holiday. They couldn’t get the money out of the bank. When they finally got the money out of the bank, it was worth less than what it [...]

Jim Rogers: They’re Not Very Smart People, That’s Why They are in Washington

The World After the Great War: Why Gold Price will Drop Like a Rock

A few days ago, I wrote about Jim Roger’s forecast that gold price will continue rising to $2,000 an ounce. An interesting conversation started out because of this between a friend of mine and me. After having read the article, he gave me an interesting explanation of why gold price will eventually drop like a [...]

Jim Rogers: Gold Could Exceed $2,000, Another Wave of Recession in 2-3 Years at Most

Gold price has just made another all-time high record at $1,349 an ounce. In an interview with CNBC, Jim Rogers said that he believes gold price will continue to gain because of the failed monetary policies by the US government. Rogers views that gold could cross beyond $2,000 an ounce in the next 5 – [...]