Friday, January 30, 2009

Mercury in Everyday Food? | By Your Payday Loan Source

Eat organic… avoid poisoning yourself

In difficult economic times, a payday loan can be a comfort. If your paycheck falls just a bit short of covering your necessary expenses, emergency cash can bridge the gap until your next pay period. Christian Coley of eFluxMedia brings our attention to a frightening development that affects anyone who consumes low-cost food.

As a sweetening agent, few bargain (non-organic) foods are free of high-fructose corn syrup (HFCS). It’s addictive, and it is added unnecessarily to almost everything. The substance has been linked to increased obesity. Now it may be responsible for brain, heart, lung, kidney and immune system disorders (not to mention death), thanks to the discovery of mercury in HFCS.

Mercury… everywhere

According to Coley, nearly half of tested HFCS samples from commercial foods contained mercury in two recent major U.S. studies, the first published in a recent issue of Environment Health and the other conducted by the Institute for Agriculture and Trade Policy (IATP). The first study found detectable mercury in nine of 20 commercial samples of HFCS, while the second found that one in three of 55 studied brand-name foods contained the toxic substance. ... click here to read the rest of the article titled "Mercury in Everyday Food? | By Your Payday Loan Source"

Get Fast Payday Loans and News on Gannett's Downfall

Newspaper giant’s profits take nosedive

Gannett Co., Inc.

Personal Money Store not only supplies fast payday loans, we keep you up to date on economic news.

Gannett Company Inc., one of the largest newspaper publishers in the world, is facing an income decrease of epic proportions. Newspaper stocks in general fell Friday, but Gannett led the pack. The company’s fourth-quarter net income was down 35.5 percent. Its publishing income fell an astonishing 49.6 percent.

The newspaper industry was struggling long before the rest of the economy. The rise of the Internet has hit publishers hard. More people are getting their news from web sites. Advertisers are investing in online ads rather than newspaper ads.

Jobless workers don’t need newsprint

In the past the skyrocketing unemployment rate might have actually helped the newspaper industry out. After all, the most common method of looking for jobs was to pick up the paper and scour the classified ads. That’s no longer the case. It seems these days people can get pretty much anything they need, including fast payday loans, online.

There are plenty of free web sites out there where people can look for employment for free, such as Monster.com. Even laid off journalists don’t need a paper to look for a job. Journalismjobs.com lists all of the newspaper positions available in the country. However, journalists who get laid off nowadays probably take it as a sign that it’s time to move on to a different industry. ... click here to read the rest of the article titled "Get Fast Payday Loans and News on Gannett's Downfall"

Wall Street Pay Cap | Faxless Payday Loans and Money Matters

Congress aims to limit salaries, bonuses

Claire McCaskill

Claire McCaskill

Get faxless payday loans and financial news right here at Personal Money Store.

Congress is putting its foot down. Yesterday President Obama spoke out against Wall Street executives and their “shameful” behavior. It seems those executives $18 billion in bonuses in 2008. Yes, as the stock market crashed and homeowners lost their houses, Wall Street execs were still raking in extra cash on top of their already generous salaries.

Sen. Claire McCaskill agrees that this action is shameful. And she is trying to put a stop to it. McCaskill, a Democrat from Missouri, introduced legislation today that will limit salaries and bonuses for all employees who work for firms that receive federal bailout money.

Check  out your faxless payday loan store’s article on how Obama plans to handle bailout money.

Harsh words for Wall Street

McCaskill’s bill states that no one who gets bailout money can make more than the U.S. president, who makes $400,000 per year.  So if the bill passes, total compensation for executives, including bonuses and stock options, cannot exceed that amount.

McCaskill is very passionate about her quest.

“We have a bunch of idiots on Wall Street that are kicking sand in the face of the American taxpayer. They don’t get it. These people are idiots. You can’t use taxpayer money to pay out $18 billion in bonuses,” McCaskill said. ... click here to read the rest of the article titled "Wall Street Pay Cap | Faxless Payday Loans and Money Matters"

Hummers = Tickets. It's Been Proven. Need a payday loan?

The environment has written you a citation

Hummer

Your payday loan source says you’ll save money if you don’t buy a Hummer. You’ll likely save on your car’s purchase price, insurance, gas… and traffic tickets.

Ben Mack of Wired gives us yet another reason to downgrade to smaller, more economical, more environmentally-friendly cars. Apparently, Hummer drivers receive nearly five times more (4.63 to be exact) tickets than the average driver.

Quality Planning Corp. surveyed data from 1.7 million drivers and discovered that the Hummer models H2 and H3 are the most frequently ticketed vehicles on the road. At the opposite extreme, the GMC Sierra CL1500 pickup was least likely to be ticketed. OK, maybe that isn’t the most economical car…

Back to the drawing board?

“The sense of power that Hummer drivers derive from their vehicle may be directly correlated with the number of violations they incur, or perhaps Hummer drivers, by virtue of their driving position, are less likely to notice road hazards, signs, pedestrians and other drivers,” said Raj Bhat, president of Quality Planning Corp. ... click here to read the rest of the article titled "Hummers = Tickets. It's Been Proven. Need a payday loan?"

Obama's Middle Class Task Force | By Your Payday Loan Source

“This isn’t just an economic concept”

WASHINGTON - JANUARY 22:  In this handout prov...

Like a payday loan, it’s something tangible.

The L.A. Times‘ Mark Silva reports that President Obama has ordered the creation of a “White House Task Force on Middle Class Working Families” and legislation that will strengthen labor unions. Vice President Biden will be in charge of the task force. This comes none too soon, as America’s gross domestic product sank 3.8 percent in the final quarter of 2008. “This is a continuing disaster for America’s families,” said the President. Mr. Obama’s definition of “middle class” also includes those who aspire to be a part of th! e middle class.

Closely related to the $800-billion-plus economic stimulus plan, Mr. Obama’s task force for the middle class will help to combat the growing joblessness that he describes as “the American dream in reverse.” The goal of the task force will be to rebuild roads and schools, double the country’s alternative (”green”) energy production and update the healthcare industry. All of these venture will create jobs “for years to come.” Hopefully, the President will not cap faxless payday loans at 36 percent annually, because that would take away jobs for years to come. ... click here to read the rest of the article titled "Obama's Middle Class Task Force | By Your Payday Loan Source"

Oil Companies on Slippery Slope | By Online Payday Loan Store

Industry braces for carbon regulations

Chevron Corporation

Your online payday loan store fills you in on money matters and big business.

President Obama isn’t the only world leader talking about energy reform.  Carbon regulations have been growing and changing on a global scale for years. However,  Chevron CEO David O’Reilly is particularly worried about the next five years.

In fact, O’Reilly ranks carbon regulation right up there with swinging oil prices among his list of biggest concerns for the oil sector. In fact, he said it’s possible that carbon will have an even bigger impact on the industry than prices “because it is a virtual unknown.”

To read up on how Obama’s economic stimulus plan addresses energy reform, check out this article by your! online payday loan source. ... click here to! read th e rest of the article titled "Oil Companies on Slippery Slope | By Online Payday Loan Store"

Fake Super Bowl Gear Crackdown | By Your Payday Loan Source

Are your goods legit?

The Minister of Defense, ready to sack a counterfeiter. R.I.P., Reggie

Your payday loan source is a casual football fan. I’m a baseball man, myself. If you are a true football fan, you have to dress the part. That means jerseys, banners, hats, pants and much more. But be sure to exercise caution when you shop for your Super Bowl gear, as a growing number of unscrupulous vendors are attempting to pass off counterfeit merchandise at the real thing. Much like the counterfeit ticket fiasco for what turned out to be a barn-burner Texas Tech-Texas game back in November, this is something that can easily hurt you in the wallet. Payday loans are there during emergencies, but an ounce of prevention is typically the best medicine.

A recent AP story in the Boston Herald indicates that the counterfeit merchandise market is alive and well for all the fans and tourists that will flock to Tampa, Florida for the big game. One example is a Reggie White Packers jersey that was sold. “White” was upside down on the back.

“That's about as bad as I've ever seen,” says U.S. Immigration and Customs Enforcement agent Michael Kennedy.

Buyers, pay attention. U.S. jobs are at stake

Common things to look for in counterfeit merchandise are subtle differences in color, sloppy stitching, logo displacement and whether or not the official NFL laser hologram logo is present. It isn’t always easy to spot, and it is rarely as easy to see as it was with the Reggie White jersey. Yet it definitely worthwhile taking the time to spot fakes. Not only will it help your budget, but it helps the economy as a whole. ... click here to read the rest of the article titled "Fake Super Bowl Gear Crackdown | By Your Payday Loan Source"

Quick Payday Loan Source's Daily Job Cuts Roundup

City governments, Caterpillar slash jobs

Time 100 2006 gala, Michael Bloomberg.

Michael Bloomberg

As promised, your source for a quick payday loan brings you some high-profile job cuts announced today.

The third-most populated state in the country has hit quite the rough patch. Wednesday New York Schools Chancellor Joel Klein announced that if the governor’s current budget passes, the state might need to lay off 15,000 educators.

Apparently those educators will come from Staten Island. The City of Staten Island today announced that under Mayor Michael Bloomberg’s proposed budget they may have to cut as many as 23,000 city employees. That figure includes the 15,000 teacher jobs. It gets worse. This number is in addition to the 7 percent that Bloomberg already ordered agencies to cut from spending.

California losing its cool

Governor Arnold Schwarzenegger on Thursday said California was in a stage of emergency. Check out the details in this article from your quick payday loan source. Friday the City of Sacramento announced it may need to cut 500 city jobs to close its deficit. It currently faces a $50 million deficit. ... click here to read the rest of the article titled "Quick Payday Loan Source's Daily Job Cuts Roundup"

Frugal Super Bowl Party Food | By Your Payday Loan Source

Pigging out over pigskin?

Whether you’re a football fan or simply a follower of great spectacle, your payday loan source understands that going all-out for a Super Bowl party may not be in the Cards this year (sorry, Arizona). The difficult economy has caused nearly everyone to take a second look at their spending habits, including how much money to spend on food for Super Bowl festivities.

Thankfully, the Kentucky Post has a few great ideas for a “Super Bowl Party Menu Under $50.” At these prices, you can save that quick payday loan for your next emergency cash situation. But let’s stay on task here. You have until 4 p.m. this Sunday, February 1 to have food ready for the pre-game show. Get shopping and start cooking!

Pre-game goodies

Author Margie Potts of Jungle Jim’s International Market bases prices upon those at her store. These may be approximate for your area. First comes a Kick-Off that complements the opposing teams’ colors. Her featured dishes are Pittsburgh Steelers Black Bean and Gold Corn Salsa and Arizona Cardinals Red Sauced Pepperoni and White Cheese Dip. Here are her recipes, complete with ingredient cost breakdown:

Pittsburgh Steelers Black Bean & Gold Corn Salsa

1 – 15 oz. can       Black Beans, drained and rinsed $0.99
12 oz. Bag             Golden Corn Kernels, thawed $1.00
1 Cup                      Fresh Tomatoes, chopped $1.49
½ Cup                    Red Onion, chopped (or substitute green onions) $0.28
2 cloves                 Garlic, minced $0.10
¼ Cup                    Fresh Cilantro, chopped $0.29
1 Tab.                     Jalapeno, minced or more to taste (opt.) $0.10
2 Tabs.                   Freshly squeezed Lime Juice $0.10
½ Tsp.                   Ground Cumin
1 bag                      Tortilla chips $2.49
Salt and Pepper to taste ... click here to read the rest of the article titled "Frugal Super Bowl Party Food | By Your Payday Loan Source"

Obama Commerce Secretary Pick | Online Payday Loan Store Reports

President considers Senator Judd Gregg

Senator Judd Gregg

Senator Judd Gregg

Your online payday loan store keeps you updated on who controls the country’s cash.

President Barack Obama has not yet named who will head the United States Department of Commerce. It appears he is closer to making a decision, though. Republican Senator Judd Gregg of New Hampshire says he is being considered for the position.

Senior Democrats confirmed that Gregg was on the “short list” of people who might get the job. However, they said no decision has been made and the appointment will not be made in the immediate future.

Job description

The Department of Commerce works with other government agencies to set national policies regarding international trade. It is also responsible for assisting with the buying and selling that goes along with international trade.

Here’s where it gets tough. The Commerce Department is  responsible for “strengthening the international economic position of the United States.”
So whoever gets this job will have a monumental task. Good thing getting an online payday loan is one of the easier ways of dealing with the current economy.

The Commerce Department also must promote business growth within the United States. That is a much-needed function right now, but it’s not going to be easy. ... click here to read the rest of the article titled "Obama Commerce Secretary Pick | Online Payday Loan Store Reports"

Stock Up on Super Bowl Stocks | By Your Payday Loan Source

Take stock in the Super Bowl

Your payday loan source sees that as of 8:15 a.m. Pacific Time the Friday before Super Bowl XLIII, the Dow Jones is currently at 8,057.25, a drop of

Pittsburgh Steelers helmet

Image via Wikipedia

91.76 points from opening. The Stock Market is in need of a serious upswing on the heels of this plummeting economy, and some financial experts think they have just the thing to do it:A Super Bowl victory by the Pittsburgh Steelers… or the Arizona Cardinals.

How’s that for definitive?

Seriously, according to Laura Cohn in her Kiplinger.com article “Super Bowl Stocks,” Robert Stovall of Wood Asset Management has been studying this for years. About 80 percent of the time, if the Super Bowl champion was one of the original National Football League franchises, the Dow Jones industrial average rises for the year. Fortunately, since both the Steelers and the Cardinals were original NFL franchises (dating back before the 1970 NFL-American Football League merger), so how can American stocks lose? Like a no fax payday loan, it’s like money in the bank. ... click here to read the rest of the artic! le titled "Stock Up on Super Bowl Stocks | By Your Payday Loan Source"

Robbers Target Payday Advance Loan Stores

Holdups in Washington, Indiana

Reports of robberies at payday advance loan stores are flooding in this month. Just yesterday, Jan. 29, two separate payday loan stores were robbed within hours of each other in Spokane, Washington. One Check into Cash location was robbed about 1:30 in the afternoon, and another store from the same company was robbed at 5:30 p.m.

Yet another Check into Cash location was robbed the previous week, on Jan. 20. Police believe the same man robbed all three stores. In every case the man was described as in his 20s, white, 5′5″ to 5′7″ and wearing a black ski mask, black coat and blue jeans.

I guess the guy figured if he got away with it once he could do it again. Police are still seeking tips. If you live in the Spokane area and have any information call (509) 242-TIPS.

Indiana robberies

Payday advance loan stores in the Midwest are not safe either. In Indianapolis, Indiana, four payday loan stores were robbed within a week. The most recent robberies were Jan. 19, when two stores were robbed within about 45 minutes of each other.

Michael Orr, 20, was arrested in connection with the Indianapolis robberies.

Michael Orr, 20, was arrested in connection with the Indianapolis robberies. ... click here to read the rest of the article titled "Robbers Target Payday Advance Loan Stores"

Don't Lose Your Payday Loans in a Black Hole!

Fallen into a black hole lately?

Inquiring minds want to know: have you heard about the Large Hadron Collider (LHC) in Switzerland, and can it swallow the Earth entire, payday loans included?

Researcher Solmaz Barazesh of Penn State strives to put such fears to rest in the article “Probing Question: Could the Large Hadron Collider (LHC) swallow the Earth?” on PhysOrg.com.

It took $8.8 billion to build the LHC, a machine that is designed to test theories on high-energy physics. It does this by smashing proton beams together at ridiculously high speeds.

What’s the worry here? Accelerating particles at up to 99.99 percent the speed of light (which creates temperatures in range of trillions of degrees) — has the potential to create a black hole that could consume the Earth. Thus, lawsuits have been filed to stop the LHC project from continuing. Yet judges have dismissed such lawsuits. Claims of the danger were overblown; Hadron Colliders don’t cause black holes and faxless payday loans don’t cause the financial black hole known as bankruptcy. ..! . click here to read the rest of the article titled "Don't Lose Your Payday Loans in a Black Hole!"

Thursday, January 29, 2009

Blagojevich Ousted | Breaking News from Fast Payday Loans Source

Senate unanimously removes governor

SPRINGFIELD, IL - JANUARY 29:  Illinois Govern...

Rod Blagojevich

Personal Money Store gives you fast payday loans and fast breaking news.

Rod Blagojevich is officially off the government’s payroll. The Illinois Senate voted 59-0 today to kick him out of office. I guess they think our tax dollars should go to causes other than keeping an alleged criminal employed.

Blagojevich was arrested last month on federal corruption charges. The charges include trying to sell Barack Obama’s former Senate seat. If Blagojevich wanted some quick cash, maybe he should have tried fast payday loans instead of soliciting bribes.

No more government paydays

On top of voting him out of office, the Illinois Senate agreed in another unanimous vote that Blagojevich should never again be allowed to hold a political office in Illinois.

Granted, this only affects his ability to take office in Illinois, but I highly doubt any other state will be gunning to hire him as a public servant. The ex-governor is also accused of trying to commit mail and wire fraud.

“Honest and competent governors don’t act like Rod Blagojevich,” Republican Sen. Kirk Dillard said.

Blagojevich’s witness list: Blagojevich

Blagojevich presented no evidence in his defense, and he did not call any witnesses during his impeachment trial. It appears that the only opposing argument he presented was that he was innocent. ... click here to read the rest of the article titled "Blagojevich Ousted | Breaking News from Fast Payday Loans Source"

Californians May Need Payday Loans | Governor Declares Emergency

Unpaid vacation beats unemployment

LAS VEGAS - JANUARY 24:  California Gov. Arnol...

Even Rambo can't save California from its $42 billion deficit.

Government workers in California might find themselves needing payday loans if Governor Arnold Schwarzenegger is allowed to force them to take off two unpaid days per month. However, if the governor does not get his way, he warns, the results will be far worse.

Schwarzenegger says that without the furloughs, he will be forced to lay off government employees instead. State employee unions are saying Schwarzenegger doesn’t have the authority to mandate the unpaid leave. Some union. I’m sure, given the choice, that most state workers would chose having a slightly lower salary above having no job at all. As long as you’re still getting a paycheck, payday loans can help if funding gets tight.

Banking on a bailout

Earlier this month Schwarzenegger said that California was in a “state of emergency” because of its $42 billion budget deficit. Fortunately for Schwarzenegger, and Californians in general, help might just be on the way. About two-thirds of the $819 billion economic stimulus package will go to aiding states. ... click here to read the rest of the article titled "Californians May Need Payday Loans | Governor Declares Emergency"

Ford Struggles, Won't Take Handout | By Payday Loan Source

CEO Alan Mulally puts his company’s cards on the table: "It's a very volatile time for all of us. But it's not our plan at all to access the government's money." It was never my plan to use online payday loans when I got into difficult financial situations, but at times I have used them. I don’t regret having done so. ... click here to read the rest of the article titled "Ford Struggles, Won't Take Handout | By Payday Loan Source"

Recession Roundup | From Your Center for Faxless Payday Loans

Unemployment goes up, home sales go down

Once again, the United States has broken its own record, this time in the unemployment category.

Once again, the United States has broken its own record, this time in the unemployment category.

Personal Money Store provides you with faxless payday loans and details on the deepening recession.

The United States continues to reach for greatness, setting new records and leaving the old ones in the dust. Unfortunately, these “triumphs” are in the “highest number of unemployed workers” and “lowest number of homes sold” categories.

Now more unemployed than ever!

Unemployment claims in the U.S. hit a record peak in mid-January. Last week 588,000 new claims were filed for unemployment insurance, the highest number ever recorded. Records date back to 1967. The number of people who continued collecting unemployment during the week of Jan. 17 after filing the previous week was 4.78 million.

I guess Americans don’t have to make a choice anymore when faced with the old saying “Go big or go home.” When it comes to unemployment, they’re doing both. Check out your faxless payday loans store’s daily update on big layoffs.

Home purchases take big nosedive

Despite all the efforts to rescue the housing market, new home sales plunged 14.7 percent in December, another record. December marked the slowest home sales in the United States since 1963, when the data started being recorded. ... click here to read the rest of the article titled "Recession Roundup | From Your Center for Faxless Payday Loans"

Excuse me, is this the line for Payday Loans?

In bad times everyone can use a little extra money or Payday Loans

SAN FRANCISCO - MARCH 06:  A Mega Millions lot...
Image by Getty Images via Daylife

When times are bad, anyone can get into debt. It doesn’t matter how important you are or at what level you live. An accident can put you in the hospital, and then you’ll be happy to have a Payday Loan.

It's hard to tell who is lining up for what these days

As we sink deeper and deeper into the mire of debts and unpaid accounts, we find ourselves waiting around for things we took for granted not so long ago. Have you noticed how long it takes to buy a lottery ticket today?

It's a fact that when the economy goes south, more and more people look to quick and easy systems of staving off financial disaster. The lottery is one of few ways to do this. But there is bad news - it means laying out cash to buy a ticket. And if you are desperate, will one ticket suffice? The worse news, not known by many, is that the odds of winning the main prize in a 6/49 Lotto, for example, is a very slim 1 in 14 million tickets. Perhaps if one is a little short, it's better to hang onto the cash?

What's happening at the Payday Loan office?

How are Payday Loans doing? Are there lines outside the office yet? If things keep drifting downwards, there probably will be soon. The conversations will start up in the lines: How much do you owe? Are you working? Have they cut your paycheck? This is followed by the amazement. Can you believe this guy is earning that amount of money!! You're working sixteen hours a day for that salary? Are you crazy? Then comes the resentment. I could do his job standing on my head with one hand tied behind my back. The Payday Loan lines may turn out to be not such a good idea. Better go online to Personal Money Store. ... click here to read the rest of the article titled "Excuse me, is this the line for Payday Loans? "

pms-Payday-Loans

Top 10 Reasons to Get a Payday Loan In a Recessionary Economy.

!

By clicking apply now I agree with and have read the full terms of use.

Submit

As an assistant method of enhancing the financial stability of consumers in the current economic climate payday loans are greatly benefiting the pocket book of many consumers world-wide. ... click here to read the rest of the article titled "pms-Payday-Loans"

Google M-Lab Keeps ISPs Honest | By Your Payday Loan Source

What! Still loading!

Your payday loan source has had a love/hate relationship with his home Internet connection. Time is money, and there are times when you’d like to receive the kind of bandwidth your ISP promised you in their brochures. Or at least something close to it. All too frequently, however, your cable or DSL connection chugs along like a 28.8k dial-up motorboat. This simply shouldn’t be.

Google agrees… and they’re on the case

Sharon Gaudin writes in Computerworld that Google is launching Measurement Lab (M-Lab), through which researchers and consumers can access Internet performance measurement tools. In short, M-Lab tools will help you figure out what’s slowing down your Internet connection. You’ll also be able to discern whether P2P is being blocked or throttled by your ISP.

Without a doubt, network providers will not be happy that a content provider like Google may be able to dictate how they conduct their business with consumers to a certain degree. However, if Google helps keep ISPs accountable to the promises they make to reel in customers, then your payday loan source is all for it. If you need extra cash online now, you don’t want to have to wait for extraordinarily long page loads due to your ISP throttling bandwidth. ... click here to read the rest of the article titled "Google M-Lab Keeps ISPs Honest | By Your Payday Loan Source"

Daily Job Cuts Update | From Your Online Payday Loan Store

Picture This: Kodak cuts up to 4,500 jobs

Eastman Kodak

Your online payday loan store gives daily updates about the biggest companies making the biggest layoffs.

Eastman Kodak announced it will cut between 3,500 and 4,500 jobs, up to 18 percent if its workforce. The company lost $137 million in the fourth quarter of 2008.

Overall revenue fell 24 percent because of drops in sales on both digital and film-based photography products. Film-based revenue fell 27 percent. Digital sales did only slightly better, falling 23 percent.

Cessna layoffs head for the sky

Check out yesterday’s article on layoffs from your online payday loan store.

Well, it appears that people aren’t buying as many planes as they used to. Cessna, which manufactures flight training aircraft, business jets and personal planes, plans to reduce its workforce by 4,600 jobs.

Cessna previously announced that it would cut 2,600 jobs. After the company completed more financial review, the number jumped to 4,600. Cessna plans to complete the cuts by the end of March. The company will shut down a Toledo, Ohio, service facility.

Drug industry takes a hit

David Brennan

David Brennan ... click here to read the rest of the article titled "Daily Job Cuts Update | From Your Online Payday Loan Store"

Global Market Crisis and Payday Loans

How is the Global Economy?

Economy of American Samoa
Image via Wikipedia

All is not well with the global economy which has led many people to take out payday loans to meet their emergency needs.  London and New York seem to be the most important global financial centers in the world. It could be argued that New York and London not only represent the U.S. and the Europe as two powerful economies, but also that they are the dominant financial centers in a cluster of time zones.

Major Causes of the Crisis

Poor credit availability, improper corporate restructuring and ongoing bankrupt companies have added to the unemployment in the U.S. Creative financing has added a further element of instability to the markets resulting in more demands for payday loans.

The global economy is a classic phenomenon of financial crises: failure of one bank inflicting losses on the other bank that lent monies to it.  Many failed to repay their debts, inflicting losses on their lender and thus widening the circle of financial failures.

US Senator Barack Obama campaigning in New Ham...
Image via Wikipedia

Measures taken so far

The American economy has turned out to be far more resilient than anticipated by many experts. $17.5 billion in bailouts were announced by the Bush Government to the U.S. car makers in emergency loans to deflect a collapse that would have cost hundreds of thousands of jobs. President Barack Obama has said that his top priority is to create 2.5 million new jobs and some of those jobs in the auto industry. This is welcomed as a necessary step. ... click here to read the rest of the article titled "Global Market Crisis and Payday Loans"

Payday Loan Store Zoning Isn't the Answer

Zone in on the benefits of the payday loan

A recent opinion piece in Springfield, Illinois’ The State Journal-Register - “Our Opinion: Will payday loan law help MacArthur?” - we hear even more bleating in the endless drone over payday loan store zoning.
Supporters of a recently passed 1,500-foot minimum restriction between faxless payday loan outlets - which the anonymous editorialist labels “essentially a moratorium on new payday loan stores opening within two blocks of an existing payday lender” - feel that the stores are harmful to property values and drives in an undesirable level of clientele. This, in turn, has supposedly damaged the economic prospects for the MacArthur Boulevard business corridor. The newspaper, however, wonders whether the lenders had anything at all to do with the commercial decline of the area, which includes the eviction of business from the MC Sports and Art Concepts spaces.

Since many payday loan stores have appeared in the area in a relatively short period of time, says the writer, it seems clear that demand for the product is clearly there. “And if there is a healthy market, more stores will arrive to serve it. And if those stores can't open within 1,500 feet of existing stores, they will open in areas where no payday lenders currently operate,” says the writer.

Are payday loan stores responsible?

This could mean better overall coverage across Springfield, but whether it helps the area of MacArthur that inspired the zoning legislation remains to be seen. Time will tell, as well as two other key points the author raises: ... click here to read the rest of the article titled "Payday Loan Store Zoning Isn't the Answer"

Payday Loan Truthtelling For the Arizona Consumers Council

The truth about a payday loan hurts… critics

Apparently, Leslie Kyman Cooper of the Arizona Consumers Council believes that payday loan companies do not provide a service that aids consumers. In an editorial in the Tucson Citizen where she responds to a previous column about the value of consumer financial education, Cooper lambastes the Center for Economic and Education Literacy (CEEL). Why? Because they have programs that aid the faxless payday loan industry in addition to consumers.

The horror…

Cooper’s primary claim is that the CEEL is attempting to aid payday lenders through the distribution of misinformation. Plus, she feels that the industry’s campaign in support of Proposition 200 was also filled with falsehoods. Fine - but what evidence does she present to back up her claims?

She offers up two collegiate studies that would seem to support that payday loans lead to financial distress. However, even more collegiate studies that contradict Cooper’s rather unstudied position. Fast payday loans don’t cause bankruptcy; the rates are right; capping rates harm consumers; they have measurable intrinsic value; they provide credit-impaired consumers with a means to meet emergency cash needs and repair credit; and they can be a key element of financial survival. If that isn’t enough, here’s more research and statistical data that supports the value of the payday loan industry. ... click here to read the rest of the article titled "Payday Loan Truthtelling For the Arizona Consumers Council"

Equal Pay Bill | Economic News from Your No Fax Payday Loan Store

Obama says economy must work for everyone

Lilly Ledbetter

Lilly Ledbetter

Your no fax payday loan store’s money blog reports on the country’s money  matters.

On his 10th day in office, President Barack Obama has signed his first bill into law. Today, Thursday Jan. 29, he approved the Lilly Ledbetter Fair Pay Act. The bill removes the statute of limitations from lawsuits by workers who feel they are being paid less than their coworkers because of discrimination.

The law will "send a clear message that making our economy work means making sure it works for everybody,” Obama said.

The story of Lilly Ledbetter

Ledbetter worked as a supervisor at a  Goodyear Tire and Rubber Company plant in Alabama for 19 years. When she was nearing retirement, she found out that she was being paid less than the men at the company.  She sued for discrimination, and the jury found the company guilty.

However, the Supreme Court threw out the case, saying she was required to file her suit within 180 days after Goodyear first paid her less than her peers. It is too late for Ledbetter to collect any money on her case, despite the legislation signed today.

"Goodyear will never have to pay me what it cheated me out of. In fact, I will never see a cent. But with the president's signature today I have an even richer reward," Ledbetter said. ... click here to read the rest of the article titled "Equal Pay Bill | Economic News from Your No Fax Payday Loan Store"

Japan Retail Sales | Article by Your Online Payday Loan Store

Retail sales in a global slump

Germany rounds out the worlds three biggest economies, falling in line behind the United States and Japan.

Germany rounds out the world's three biggest economies, falling in line behind the United States and Japan.

Your online payday loan store brings you updates on the world economy.

If you’re one of those “misery loves company” types, then read on. Turns out the United States wasn’t the only company that posted low retail sales last year. Retail sales in Japan dropped the largest amount in four years.

Japanese consumers seem to be following the same patterns as Americans. Spending on clothing and electronics, one of Japan’s biggest industries, has slowed. Japan has the second largest economy in the world after the United States.

Compare and contrast

Check out this article from your online payday loan store on the dismal holiday shopping season in the United States. Much like Americans, Japanese consumers are concerned about their jobs and their incomes.

Japan’s retail sales fell 2.7 percent in December, the biggest drop the country has seen in four years. It also marked the fourth straight month of decline in retail sales. In the United States retail sales also fell more than 2 percent in December, but it was the sixth straight month of decline. Looks like we’re ahead of the curve. Too bad that’s not good news in this case.

All too familiar

TOKYO - JUNE 26:  (L to R) Kazuo Hirai, Presid...
One of Japan’s largest companies is facing its first loss in 14 years.

One of Japan’s biggest and most well known companies, Sony Corp., is likely to post its first loss in 14 years, reports say. Many large companies are cutting production — and jobs along with it. Consumer spending accounts for more than half of Japan’s gross domestic product. ... click here to read the rest of the article titled "Japan Retail Sales | Article by Your Online Payday Loan Store"

Defective Body Armor Recalled | From Your Payday Loan Source

The Army knew it wasn’t safe

Ceramic body armour plates
Image via Wikipedia

Your payday loan source hopes that this problem will be taken care of immediately. America’s sons and daughters give up their lives for their country. They deserve better. It’s about time, Mr. Kennedy, that we ask “what our country can do” for them. Roll over in your grave if it pleases you.

Sara Carter reports in the Washington Times that the United States Army will withdraw over 16,000 ceramic body armor plates from field use. This comes on the heels of a report by the Pentagon’s inspector general that the plates were not sufficiently tested before being let loose onto the battleground. In March, the inspector general found that the Army did not follow federal requirements in procuring body armor components and identified deficiencies in 16 of 28 Army contracts.

How does something like this happen? And are we to believe that the Army would simply “be proactive” while not confirming there’s a problem? “The plates are being recalled so that soldiers will not worry that they are wearing unsafe armor,” an unnamed Pentagon official said. So it’s about peace of mind? No. No fax payday loans are peace of mind during a financial emergency. In this kind of life or death emergency, troops deserve adequate protection. ... click here to read the rest of the article titled "Defective Body Armor Recalled | From Your Payday Loan Source"

Nevada Payday Advance Loans Need Some Space

Zoning code could change in Nye County

The county commission in Nye County, Nevada,  is considering changing the minimum distance requirement between payday advance loans stores. Surprisingly, in a time when many lawmakers are placing more restrictions on payday loans, they are thinking of making it smaller.

Currently the minimum distance allowed between two payday advance loans stores is 1,500 feet. Last week the Nye County Commission denied a payday loans store’s request for a waiver. The commission assured the company’s attorney that they will review and reconsider the minimum distance code.

Urban planning with a purpose

In this case, Cash AdvantEdge was denied a conditional use permit because it wanted to open a kiosk inside a Rent-A-Center. Because the Rent-A Center was next door to a Super Pawn, the company was not allowed to open the kiosk. Super Pawn also gives payday advance loans.

Commissioners agree that the purpose of the code is to prevent the proliferation of payday loan stores and other similar businesses. However, they realize that is some cases the minimum distance requirement isn’t the most appropriate code to follow.  Commissioners said they will consider a density requirement instead of a minimum distance requirement.

My two cents

I think the commission is wise to reconsider its code. The minimum distance requirement not only hurts businesses, it hurts consumers giving them fewer choices. It means that instead of consumers going to their preferred company for their payday advance loans, they instead are relegated to going to the most convenient location in many cases. ... click here to read the rest of the article titled "Nevada Payday Advance Loans Need Some Space"

Wednesday, January 28, 2009

Daily Unemployment Update | Posted at Faxless Payday Loans Source

Starbucks to cut thousands of  jobs

Yourfaxless payday loans store keeps you updated on the state of the economy.

Well, America, now it’s really getting bad. Starbucks Coffee Company, the corporate giant that got millions addicted to a daily dose of espresso, is going to cut 6,700 jobs. The company’s first quarter earnings fell an astounding 69 percent. I guess Starbucks coffee can officially be deemed a luxury item. When the going got tough, people found that maybe they didn’t need it after all.

The job cuts will affect 6,000 staff positions and 700 corporate jobs. The company will also close an additional 300 stores on top of the closings that were previously planned. The new cuts will shut down 200 stores in the United States and 100 overseas. Click here to read yesterday’s jobs update from your faxless payday loans store.

Education in the Big Apple

In New York, one of the most populated areas in the United States, the Department of Education is facing a crisis. New York Schools Chancellor Joel says the system is in dire need of state aid. Without it, Klein says, the department might need to lay off 15,000 educators.

Governor Paterson has already drawn up the state budget, but Klein says that as the budget stands, schools would be taking a $1.4 billion cut. That translates into cutting 18 percent from every school’s budget. The cuts could come as soon as this school year. ... click here to read the rest of the article titled "Daily Unemployment Update | Posted at Faxless Payday Loans Source"

House Passes Stimulus Plan | Update from Your Payday Loan Source

Bill passes without Republican Support

Check your online payday loan store for regular updates on the nation’s economic stimulus plan.

President Barack Obama’s economic stimulus plan was put to a vote in the House of Representatives today, and the bill passed by a vote of 244 to 188. The current price tag on the American Recovery and Reinvestment Plan stands at $819 billion.

Every Republican in the House opposed the measure, and even 12 Democrats voted against it. Still, the package received enough votes to move on to the Senate. You can read all about the details of the plan in this series from PersonalMoneyStore.com’s payday loan money blog.

Why so many naysayers?

Republicans criticized the measure, saying it was “little more than the fulfillment of a long-standing Democratic wish-list.” Specifically they opposed giving $1 billion to Amtrak, $41 billion to local school districts and $127 billion to aid poor and unemployed Americans with health care.

Predictably, Republicans also said the bill contained too much spending and not enough tax cuts. Obama said he was disappointed with the lack of support from Republicans but pleased with the passage of the bill.

Not so fast

Senate committees are currently writing up their own version of the bill.

“It is not clear how quickly the Senate version will be completed, passed, and reconciled with the House measure, but Congressional leaders have promised Mr. Obama they would send him a completed bill by mid-February,” according to CBS News. ... click here to read the rest of the article titled "House Passes Stimulus Plan | Update from Your Payday Loan Source "

Fed Ready to Buy Treasuries | by Your Online Payday Loan Store

Federal interest rate stays at zero

United Stated Federal Reserve Chairman Ben Bernanke

United Stated Federal Reserve Chairman Ben Bernanke

Your online payday loan store keeps you informed about the nation’s financial crisis.

The Federal Reserve recently has changed its focus from interest rates to emergency credit programs. Today it announced it is ready to start buying Treasury securities in order to resuscitate lending. The federal interest rate last month was dropped to nearly zero, and for the time being the powers that be intend to keep it that way. Now the organization turns its attention to improving conditions in private credit markets by buying long-term Treasuries.

The Fed also warned that the nation is facing the threat of inflation falling too low. Some economists are concerned that  a long recession could even result in deflation. Check out this article from your online payday loan lender to read about the causes and effects of deflation.

Market stimulation

Thought the Fed has said it is prepared to buy Treasury securities, it has stopped short of saying that it will actually begin the process. Any purchases made between now and the Federal Open Market Committee’s next meeting must be put to a vote. The FOMC meets next in March. ... click here to read the rest of the article titled "Fed Ready to Buy Treasuries | by Your Online Payday Loan Store"

No More Saturday Mail? | From Your Payday Loan Source

Perhaps if they opened fewer windows? Oh wait…

USPS service delivery truck in a residential a...

Your payday loan source has spotted an ABC News story that brings crocodile tears to his eyes. The current recession may just force the United States Postal Service to stop delivering mail on Saturdays! This comes straight from the Postmaster General John Potter. Then again, it might be Tuesday that goes. It hasn’t been determined yet, but it is known that Tuesdays are traditionally light days for mail.

$2.8 billion in the red in 2008

“If current trends continue, we could experience a net loss of $6 billion or more this fiscal year,” Potter said to a Senate Homeland Security and Governmental Affairs subcommittee. This comes in the wake of nine billion fewer items being mailed in 2008 than had been in 2007. That is officially the largest drop in Postal Service history. Your faxless payday loan source is happy that his industry doesn’t have to face such a 2.8 billion-pound gorilla… ... click here to read the rest of the article titled "No More Saturday Mail? | From Your Payday Loan Source"

Geithner's Old Post Filled | Article by No Fax Payday Loans Center

Dudley heads Federal Reserve Bank of New York

Federal Reserve Bank of New York President William Dudley

Federal Reserve Bank of New York President William Dudley

Your no fax payday loans source keeps you informed about who is running the country’s finances.

William Dudley, who until now was head of the New York Fed’s markets group, has taken over Treasury Secretary Timothy Geithner’s former post as president of the Federal Reserve Bank of New York .

Dudley began his new job Tuesday, the day after Geithner was sworn in as Obama’s Treasury secretary. The promotion puts Dudley on the front lines of the battle to straighten out the United States’ credit crisis.

Job description

Among other “perks,” Dudley’s position means he is a voting member of the Federal Open Market Committee. That committee is in charge of setting interest rates as well as making other policy decisions.

In addition to aiding with those duties, Dudley will be responsible for carrying out the Fed’s decisions regarding Treasury securities. He will carrying out purchasing and sales of Treasury securities based on federal policies. It is possible that he will be involved in shaping federal policy regarding no fax payday loans.

Get to know your Fed Head

University of California at Berkeley

University of California at Berkeley ... click here to read the rest of the article titled "Geithner's Old Post Filled | Article by No Fax Payday Loans Center"

Excessive Regulation of Payday Loans in New Mexico

Payday loans under fire in the pueblo

Albuquerque, New Mexico’s KOB Eyewitness News 4 reports that the state legislature is looking at three new bills that would bring constraints upon payday loans. Politicians who spend excessive amounts of time worrying about regulations for things that actually serve the public interest are apparently convinced that no fax payday loans reap excessive profits. Since they are excessively concerned with getting their cut, they side with banks and credit unions against the product.

Lieutenant Governor Diane Denish, for lack of something more productive to do, has determined that she must chase after tax refund loans, car and mortgage and payday loans with “interest rates as high as 1,000 percent.” Speaking for faxless payday loans, however, a sane person who understands the English language will agree that these loans typically cost $15 per $100 loaned. That is a flat 15 percent fee. In what excessive universe does that equal 1,000 percent, Ms. Denish?

“We must make certain that we protect every aspect from purchasing homes to those who are the most vulnerable who are trying to put up their cars as collateral so they can make ends meet,” said Representative Al Park, D-Albuquerque.

Payday loans are excessively simple, fast and discreet. Moreover, they are NOT excessively expensive. What is New Mexico’s main problem? ... click here to read the rest of the article titled "Excessive Regulation of Payday Loans in New Mexico"

Banks Buying Off Congress | From Your Payday Loan Source

And they’re doing it with bailout money!

Adam Green of the Daily Kos draws our attention to a controversial Huffington Post story that demands attention. Without further ado, your payday loan source brings on the horror:

Photo of Bank of America ATM Machine by Brian ...
Truth in advertising? Oh well, enjoy your bailout bucks off our backs!

Three days after receiving $25 billion in federal bailout funds, Bank of America Corp. hosted a conference call with conservative activists and business officials to organize opposition to the U.S. labor community’s top legislative priority.

Participants on the October 17 call — including at least one representative from another bailout recipient, AIG — were urged to persuade their clients to send “large contributions” to groups working against the Employee Free Choice Act (EFCA), as well as to vulnerable Senate Republicans, who could help block passage of the bill.

The Home Depot, Inc.
“If he has not sent money, they should be shot… they should be thrown out”

…Donations of hundreds of thousands, if not millions, of dollars to Republican senatorial campaigns were needed, they argued…”If a retailer has not gotten involved in this, if he has not spent money on this election, if he has not sent money, they should be shot. They should be thrown out their (expletive deleted) jobs,” (Home Depot founder Bernie) Marcus declared. ... click here to read the rest of the article titled "Banks Buying Off Congress | From Your Payday Loan Source"

Fair Debate Over Payday Loans in Iowa

Payday loans in hot debate

State seal of Iowa
Iowa prizes its liberties and maintains its rights to payday loans

Recently, there was a lively League of Women Voters-sponsored spirited debate about payday loans in Webster City, Iowa. It was a refreshing change from the usual talking head-type potshots that critics of the industry typically take. Time was given for both sides to make their case. Critics, led by Victor Elias of The Child and Family Police Center, focused upon limiting the annual percentage rate to 36 percent. Jeff Kursman of Check ‘n Go argued that this cap would be harmful. Andy Hallman of the Daily Freeman-Journal reports.

There are problems with Elias’s argument from the start, in that he cites Iowa’s 36 percent APR on car title loans. He asks for the same rate for fast payday loans, even though the two products are not equivalent. Then he claims that it’s too easy to get a payday loan, which leads to too many situations where people cannot repay. Recent studies that show that 90 percent of borrowers pay on time cast doubt on Elias’s claim, however. ... click here to read the rest of the article titled "Fair Debate Over Payday Loans in Iowa"

Report by Payday Loan Lender: GOP Won't Budge on Stimulus Package

Republicans stick to their guns

Republican Senator Susan Collins

Republican Senator Susan Collins

Your payday loan lender offers you updates on the economic stimulus package.

Yesterday Obama met with the entire Republican Conference to hear their ideas regarding the economic stimulus package. It was a rare move for any president, let alone a Democratic one. It signaled a change in tone between the White House and Congress as Obama vowed to hear and consider the input of the opposition.

Nevertheless, Republicans are heavily criticizing the plan and saying it ws drafted with little input from them. They also are saying that a majority of the House Republicans will vote against the bill today.

“I am not sure if we have yet achieved the right balance,” said Republican Senator
Susan Collins, from Maine.

Where’s the beef?

Of course, at the top of the list of Republican grievances is that the plan needs to contain more tax cuts. On top of that, three amendments that Energy and Commerce leaders accepted didn’t get added to the bill. One of those amendments prohibited people who make more than $1 million a year from qualifying for COBRA.

Makes sense to me. COBRA is for people who can’t afford to pay for medical coverage, just as a payday loan is only meant for times when borrowers don’t have savings.

Laundry list of changesAmtrak transports passengers as well as freight.

The Rules Committee met today to review more than 100 proposed amendments. Both Republicans and Democrats offered up their suggested changes, pushing the Rules Committee to work at a feverish pace to rule on each. Proposed amendments include requiring  transportation spending to be completed in 90 days, increasing capital transit funding and cutting funding for Amtrak. ... click here to read the rest of the article titled "Report by Payday Loan Lender: GOP Won't Budge on Stimulus Package"

Supercharge your Finances with a Payday Loan

Payday Loan - A solution to Your Money Problems

Payday Loan Place Window Graphics
Why apply at a store when you can do a quick and convenient application online? (Image by taberandrew via Flickr)

A payday loan comes quite in handy when you find yourself high and dry due to lack of money. This often happens when we spend our salaries before we can get the next paycheck in our hands. Usually the salary is expended on meeting certain expenses and making priority payments.

We soon find ourselves without money for other monetary obligations. What do we do then?  Since we require money for our short-term needs, a loan of a big amount is unnecessary. At the same time, it is embarrassing to ask friends for money because they themselves have their own problems and monetary commitments. The simple and best alternative here is a payday loan.

Getting a Payday Loan

How can I be eligible?

These loans are of a short-term nature (say 5 days to 31 days) and the eligibility criteria is simple. You have to be a U.S. resident, not less than 18 years of age. You should have a regular source of income and an active checking account.

How much can I get:

The money that you can receive of depends on your total monthly income. If you earn additional income from rent or capital gains, you can specify that as well. The loan amount can vary from $100 to $1500 depending upon your income.  Since it is a short term loan, such loans do not require much documentation. ... click here to read the rest of the article titled "Supercharge your Finances with a Payday Loan"

After the Holidays: Get Back on Track with a Cash Advance

How to get back on track when the holiday bills start pouring in.

The Range of colors in which the Virgin Credit...
The credit card bills will stack up; try a cash advance to get you through. (Image via Wikipedia)

Here's one sensible—and opportune—time to get a cash advance, specifically a few weeks after the rush of Christmas, parties, and giving gifts.  Studies have shown that the most depressing time of year is the third week of January, when credit card bills outlining all the expenses we made during the holidays need to be paid.  Since it is quite possible that all these will arrive at around the same time, it is understandable how most of us will feel harassed, guilty, and even helpless—especially if there just aren’t enough funds to pay off everything we signed for.

Did I Really Buy All That?

Most often, in a moment of generosity and nostalgia, we end up buying presents for family and friends that are way beyond the budget we set—if there was any to begin with.  That, and the hypnotic effect of festive Christmas displays and accompanying music in every mall seem to come all together to convince even the most practical shopper to pick up a few extra things outside of one's list.  If you planned to give your best friend a pair of funky earrings, you probably heard a voice somewhere urging you to buy the matching necklace as well.  A scarf for Uncle John?  Get him two.  Mom would love those brown pumps—why not get them in black as well?  Christmas shopping is always a test of determination, and most of us fall victim to its power to prey on emotions.  Sure, you get that warm, fuzzy feeling after giving the lovingly-wrapped gift to its recipient, but you'll be bound to get the cold, hard facts once the credit card statement arrives.! ... click here to read the rest of the article titled "After the Holidays: Get Back on Track with a Cash Advance"