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Stories for Wednesday, April 30, 2008
Behind the Federal Reserve's latest rate cut
CLARKONOMICS: The economy has gone nowhere in the past 6 months. We'll leave it to the politicians to argue about the recession vs. no recession question. What's certain is that we're in a consumer recession as people deal with record levels of debt. This is a time when you need ...
Websites/phone numbers mentioned:
TouringPlans.com - Website of The Unofficial Guide to Walt Disney World VRBO.com - Vacation rentals by owner Prosper.com - Peer-to-peer lending site FreeComicBookDay.com - Free comic books at participating shops on May 3 SpiritAir.com - Join the $9 Fare Club
Students seeking loans from peer-to-peer lenders
We're getting a large increase in the number of calls about student loans. The lending market is essentially frozen because of the fallout from the mortgage crisis. Are you still trying to figure out how to pay for college this fall? Clark has 2 important pieces of information to share ...
Collection calls being outsourced
As people are being financially squeezed, the rate of delinquencies on auto loans, credit cards and HELOCs is rising dramatically. Of course, it goes without saying that the collection agency biz is a huge one. It's also the latest thing to be outsourced, according to The New York Times. Collection ...
Clark parses the candidates on healthcare
When you look back our nation's growth, the thing that has made us unique is our free market and entrepreneurial spirit. People come to America to start companies because we've been a beacon of opportunity. Our free enterprise system is unique in the Western world because half of all employment ...
