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President Obama still hasn’t learned the classic First Rule of Holes: When you’re in one, stop digging. Up to his earlobes in failed stimulus grants and tainted federal loan guarantees, the shoveler in chief tunneled forward this week on his latest Government Loans to Nowhere bill. His willful ignorance is America’s abyss. Little noticed in the White House jobs-for-cronies proposal is a provision creating yet another corruption-friendly “governm…

…ees, that could add up to thousands. Home loan Lenders Obtaining a low rate on a home equity loan following a bankruptcy will demand work. Homeowners has to be willing to research various lenders and negotiate a great finance package. To begin with, submit that loan application through your existing mortgage lender. If your payment history is acceptable, the lender may consider this when approving the job. Thus, you could not pay better pay. If t…

Strike, maintenance shutdown hit Maruti; Hyundai bucks the trend The days of runaway growth in the auto market last year seem numbered, with two of the top three carmakers in the country — Maruti Suzuki and Tata Motors — reporting a drop in sales in June. Weighed down by a negative market sentiment because of rising fuel prices, higher borrowing costs and increased vehicle prices, the slowdown in sales last month confirms the trend of t…

WASHINGTON (AP) — Consumers likely borrowed more in August with much of the increase coming from a rise in student loans.Borrowing increased by $8 billion in August, according to economists surveyed by Fact Set. The report will be released at 3 p.m. EDT Friday.In July, borrowing had risen by $12 billion, the biggest increase in more than three years. The strength that month was powered by pickup in auto sales which pushed auto loans higher. Ther…

…ld’s No. 2 economy. At the same time, Liu acknowledged concern over the estimated 10.7 trillion yuan ($1.7 trillion) in debts — or about 27 percent of GDP — owed by local governments that have borrowed heavily to help support stimulus-related construction projects. “It is undeniable that local government financing platforms have not been prudently managed. A lack of monitoring mechanisms and other problems have created a number of risks,” he said…

…1 after markets had closed. “This measure will boost consumption and economic activity,” said Andre Perfeito, chief economist at Sao Paulo- based Gradual Investimentos, in a telephone interview on Friday. By providing extra stimulus, the easing of credit restrictions makes it less likely that policy makers will step up the pace of interest rate cuts this month, Perfeito said. Traders are split on whether the central bank will cut the benchmark …

…l wages, among other things, in advance of their contract’s expiration on September 14. Local Ford unions across the country have been holding strike authorization votes for their 41,000 hourly workers. As part of the bailout package, GM and Chrysler workers gave up the right to strike – though thousands of them were out marching for the holiday and wishing each other well. “Happy Labor Day,” said one employee to another on a Woodward Avenue stre…

…g to be at risk. The question for you is, how can you submit an application for secured holiday loans? Naturally that numerous traditional lenders, like finance institutions, banks offer secured personal loans with attractive package. Besides, Online option has emerged like a wise decision for secured holiday loans, as many loan-lending companies offer online secured holiday loans together with useful details about different places, hotels etc. W…