Page 11 - Debt Load News Today

To somehow reduce the debt load they were dealing with. or any trust division lives again and has had a tremendous impact in our country and in the positive things that theyve done for the american consumer. we announced or heard i guess today that a merger that i think would have been extremely anti-competitive earn not been in the best interest of the american consumer has been abandoned. that is because of the great work of the men and women in the antitrust division. our tax division oversea...

Government-sponsored housing freebies that help to cause the last financial collapse? steve? >> this is a bad sequel to a bad movie. the government has to give you money for closing costs and the down payment. that means you shouldnt be in there in the first place. and the u.s., for all of these programs that fannie and freddie do ranks 37th in the world in terms of the rate of home ownership. this is a case like most government programs less would be more. let the economy thrive and home owners...

Just saw a few minutes ago is very possible because of education and skills training but that productivity is not matched in pair paychecks. and theres something wrong when hedge fund managers pay lower tax rates than nurses or the truckers i saw on i-80 as i was driving here over the last two days. and theres something wrong when students and families have to go deeply into debt to be able to get the education and skills they need in order to make the best of their own lives. i looked at the fi...

More productive as they have and as i just saw a few minutes ago is very possible because of education and skills training but that productivity is not matched in their paychecks. there is something wrong when hedge fund managers pay lower tax rates than nurses or the truckers i saw on i-80 as i was driving here over the last two days. and there is something wrong when students and their families have to go deeply into debt to be able to get the education and skills they need in order to make th...

Debt on hand. it is hard to save money. national syndicated personal finance columnist. a lot of people cave into that but you say not a good idea, why? >> a lot of people have a lot of debt and dont need another credit card. opening up a credit card can lower your credit score which can cost you later when you go get credit you really need like for a car loan or a home loan. heather: another thing you say is think about the debt you currently have on hand. ask yourself the question, can i reall...

Yesterday where he really outlined the issues facing new jersey with pension, meeting our obligations regarding our increased debt load that he contributed to, and yet again he offered no solutions. he talked about -- he equated new jersey to detroit suggesting if he we did nothing we could head down that road of bankruptcy, yet he offer nod solutions. i think what were seeing here is an administration that was really built upon an outsized cult of personality thats coming tumbling down before o...

Jon: right now a war is brewing in one of americas most historic cities, detroit struggling now to overcome its crippling debt load. its also battling a spike in violent crime. the homicide rate skyrocketing to its highest level there in 20 years. steve harrigan is live from detroit for us now. steve? >> reporter: jon, detroit police officials talk about a loss of a criminal ethic. they are seeing crimes today more brutal than anything theyve seen in the past, especially against the elderly. one...

Order to reopen the government? >> i think the house has a god plan. we want to continue to work through these funding issues. >> the house doesnt actually reopen the government. the house allows -- youre correct. >> six-week extension to raise the debt ceiling. how would you reopen the government? the senate republicans do at least have that as part of their plan. >> reopening the house, i mean, reopening the federal government means the senate has got to join the house and negotiate through th...

I think the kids for the most part want to get the heck out on their own and god willing they have a plan. >> maybe we can get them out in the teenaged years. >> thats genius. >> i agree with tracy. i think one of the challenges that were seeing here and it doesnt show up in the data as much is so much is driven by the debt load that students incur in college or before while working internships and so people are coming out with a huge debt burden and part of it is the economics when we were all ...

Citizens, 2.3 million michigan citizens voted this past november, the same day we voted to re-elect president barack obama, 2.3 million citizens repealed the emergency management law. what did the republicans do? went to work in december during the lame duck session, put it back in force lawlessly. and that is something thats not being mentioned. >> so you have an emergency manager now named kevyn orr. >> yes. >> he is the one whos been quoted in the papers, hes the one charged now with the stat...