• How to beat the mortgage famine in 2012

    Updated: 2011-12-30 06:00:13
    How can you beat the mortgage famine which looks certain to be made worse by tighter regulation of bank and building society lending? Hundreds of thousands of homeowners aged over 50, first-time-buyers and the self-employed will find it more difficult to obtain the credit they need to unlock wealth tied up in bricks and mortar, [...]

  • Cheap money cuts bankruptcies – but beware worse to come in 2012

    Updated: 2011-12-29 06:00:29
    Cheap money – with interest rates frozen at a historic low for 33 months – means the number of people going bankrupt continues to fall and has now reached its lowest point since the credit crisis began, accountants calculate. But experts at RSM Tenon and Grant Thornton warn that this trend will reverse when interest [...]

  • Fear pushes finance top of 2012's new year's resolutions

    Updated: 2011-12-28 14:06:33
    Fear has pushed personal finance to the top of most people’s priorities when it comes to new year's resolutions for 2012, with worries about wealth – or the lack of it – displacing concerns about health. That’s the conclusion of separate surveys of 5,000 people by comparison websites Gocompare.com and moneysupermarket.com. Rising unemployment, soaring debts [...]

  • Save the Post Office named most valuable of progressive websites

    Updated: 2011-12-28 13:19:34
    “MOST VALUABLE WEBSITE: Save the Post Office Nowhere was the assault on public services more aggressive than in the push to downsize the Postal Service. Battered by a Congressional mandate that pensions be prepaid for the next seventy-five years, the USPS announced plans to eliminate services, lay off tens of thousands of workers and close [...]

  • An unpleasant surprise lurks among the Christmas cards for thousands of pensioners and savers

    Updated: 2011-12-27 06:00:47
    An unpleasant surprise lurks among the Christmas cards and 2012 New Year greetings for thousands of pensioners and savers. Alliance Trust Savings, best-known for its £2bn global investment trust, is writing to investors to inform them of new charges which some readers say will nearly treble what they have to pay. The giant fund – whose [...]

  • Responding to Krugman on Ricardian Equivalence

    Updated: 2011-12-27 00:20:54
    Paul Krugman has a piece up on his blog which he appears to regard as a knockout blow to the concept of "Ricardian Equivalence" (i.e. the doctrine that, under most circumstances, funding government spending with a deficit does not increase output relative to funding that same government spending with tax). Here's what he says: [T]hink [...]

  • Congressman Introduces Rural Postal Service Preservation Act

    Updated: 2011-12-26 18:37:48
    Legislation Would Ensure the United States Postal Service Continues Delivery Service to Rural Regions Washington, D.C.— Congressman Robert Aderholt (AL-04), today released the following statement after introducing H.R. 3744, the Rural Service Preservation Act in the United States House of Representatives: “As the United States Postal Service’s financial picture continues to grow dim and options [...]

  • Falling house prices fail to prevent first time buyer numbers from slumping to all-time low

    Updated: 2011-12-26 07:00:44
    Falling house prices failed to prevent first time buyer numbers slumping to an all-time low in 2011, despite home ownership becoming more affordable than it has been for eight years, according to Britain's biggest mortgage provider. Fewer than four years’ average earnings are now needed to buy the typical first time buyer property in 44pc [...]

  • Video: 50,000 Packages In Limbo At UPS Distribution Center

    Updated: 2011-12-25 18:14:56
    Some UPS customers said the U.S. Postal Service and Fed-Ex had no problems delivering their packages these past few days. Thousands of people in the metro area will open their presents a little late this year because the day started out with 50,000 packages in limbo at the United Parcel Service holding facility in Commerce [...]

  • Baby boomers with 80pc of UK wealth shouldn’t feel guilty about younger generations' problems

    Updated: 2011-12-24 07:00:32
    Baby boomers shouldn’t feel guilty about being better-off than younger generations, because people aged over 50 today saved harder and spent less when they were young than is the case today. That’s the conclusion of analysis of more than 2,000 people by the Chartered Insurance Institute (CII). The study acknowledges that baby boomers – or [...]

  • PRC Advisory Opinion Finds USPS Proposal for Retail Closures Lacks Proper Analysis

    Updated: 2011-12-23 20:27:01
    Washington, DC –The Postal Regulatory Commission today issued its Advisory Opinion in Docket N2011-1 on the Postal Service’s Retail Access Optimization Initiative (RAOI), a program that identified more than 3,600 post offices and other retail facilities for possible closure this year. The Postal Service is required to ask the Commission for an Advisory Opinion on [...]

  • Things worth reading: 23rd December 2011

    Updated: 2011-12-23 08:30:30

  • Barclaycard’s 0% credit for 24 months could end with a horrible hangover

    Updated: 2011-12-23 06:00:49
    Barclaycard’s 0% credit for 24 months offer will escalate the price war with rival credit card providers. This can be regarded as welcome evidence of vigorous competition in this corner of the banking industry. Or as an irresponsible  and ill-timed invitation in the middle of the credit crisis for even more people to try to [...]

  • Things worth reading: 22nd December 2011

    Updated: 2011-12-22 08:04:38

  • House prices will fall again in 2012, surveyors say, as more homebuyers sue for negligence

    Updated: 2011-12-22 07:41:36
    House prices will fall by a national average of 3pc next year, the Royal Institution of Chartered Surveyors (RICS) predicts, but cynics may suspect the surveyors’ newfound pessimism is a reaction to rising litigation from homebuyers who have already lost money. While 2012 predictions may or may not come true, solicitors Irwin Mitchell claim there [...]

  • Things worth reading: 21st December 2011

    Updated: 2011-12-21 07:13:39

  • Things worth reading: 20th December 2011

    Updated: 2011-12-20 10:01:46

  • New York Times Lays Out Medicare Options

    Updated: 2011-12-19 21:23:56
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Donate Recent Posts Interesting Charts Of the Year Where is the Fiscal Policy Discussion in the Election Debate Line Items : Brinking Game Edition New York Times Lays Out Medicare Options A Reversal for TARP Representatives Joining Together to Resist Efforts to Turn Off the Sequester Absent Debt Reduction Agreement CRFB Brings Back U.S . Budget Watch Ryan and Wyden Offer Ambitious Health Care Proposal By month December 2011 31 November 2011 45 October 2011 52 September 2011 47 August 2011 52 July 2011 61 June 2011 54 May 2011 48 April 2011 55 March 2011 68 February 2011 55 January 2011 59 All Archives By Keyword Budget Process and

  • Things worth reading: 19th December 2011

    Updated: 2011-12-19 08:06:32

  • Things worth reading: 16th December 2011

    Updated: 2011-12-16 06:32:56

  • Ryan and Wyden Offer Ambitious Health Care Proposal

    Updated: 2011-12-16 00:29:15
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Donate Recent Posts Interesting Charts Of the Year Where is the Fiscal Policy Discussion in the Election Debate Line Items : Brinking Game Edition New York Times Lays Out Medicare Options A Reversal for TARP Representatives Joining Together to Resist Efforts to Turn Off the Sequester Absent Debt Reduction Agreement CRFB Brings Back U.S . Budget Watch Ryan and Wyden Offer Ambitious Health Care Proposal By month December 2011 31 November 2011 45 October 2011 52 September 2011 47 August 2011 52 July 2011 61 June 2011 54 May 2011 48 April 2011 55 March 2011 68 February 2011 55 January 2011 59 All Archives By Keyword Budget Process and

  • Things worth reading: 15th December 2011

    Updated: 2011-12-15 07:07:18

  • Tax Policy Center Estimates Newt Gingrich's Tax Plan

    Updated: 2011-12-14 16:09:22
    CRFB.org Stimulus.org US Budget Watch Peterson-Pew Commission E-mail list sign up : Subscribe Unsubscribe Search : Home Documents Blog News Events About Contact Donate Recent Posts Interesting Charts Of the Year Where is the Fiscal Policy Discussion in the Election Debate Line Items : Brinking Game Edition New York Times Lays Out Medicare Options A Reversal for TARP Representatives Joining Together to Resist Efforts to Turn Off the Sequester Absent Debt Reduction Agreement CRFB Brings Back U.S . Budget Watch Ryan and Wyden Offer Ambitious Health Care Proposal By month December 2011 31 November 2011 45 October 2011 52 September 2011 47 August 2011 52 July 2011 61 June 2011 54 May 2011 48 April 2011 55 March 2011 68 February 2011 55 January 2011 59 All Archives By Keyword Budget Process and

  • Things worth reading: 14th December 2011

    Updated: 2011-12-14 07:41:46

  • Déjà vu: PBGC Extends Reportable Event Relief for 2012

    Updated: 2011-12-12 13:48:36
    Almost a year to the day after providing relief for the 2011 plan year, the PBGC released PBGC Technical Update 11-1. This notice provides guidance for the 2012 plan year on how to comply with the proposed amendments to the reportable events regulations. Summary of Important Guidance Similar to the prior pronouncements, the new Technical [...]

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