Posts Tagged ‘interest’

Government Attacks Payday Loan Industry

by Mike McCune –   The Federal government has a spending problem. The Federal government has more debt than it can possibly pay. The Federal government is now monetizing (buying) its own debt at the rate of $85 billion per month.   So how do Federal regulators react to the above problems? They want to [...]

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The Rant – America’s Workers Losing Faith in Retirement Funds

by Mike McCune –   The Employment Benefit Research Institute finished a survey of working Americans during the closing days of March. It reported the ‘startling’ fact a mere 13% of working Americans are “very confident” when it comes to having enough financial support to retire.   To those of us in fly-over America this [...]

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Marriage Equality’ Spells ‘Marriage Extinction’

By Matt Barber – Next week the U.S. Supreme Court will hear oral arguments on two of the most critical cases of our time. On Tuesday, March 26, attorneys will make the pitch both for and against California’s Proposition 8. This, of course, is the Golden State’s pro-marriage amendment. It maintained the timeless definition of natural [...]

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Bloomberg loses in Home Court contest – Will Colorado pay the legal bills ?

by Craig Masters A New York judge has placed Mayor Michael Bloomberg’s marquee nanny state legislation on hold. The ruling will stop the mayor from enforcing his rules on maximum drink sizes New Yorkers would be allowed to buy in some restaurants and other outlets. Lawyers for Bloomberg and the city of New York immediately [...]

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Obama’s economy: Fed predicts high unemployment through 2015

by Peter Grady –   The Federal Reserve has said it is expecting unemployment levels to remain high until at least late 2015, despite its plans to spend billions of dollars a month to keep interest rates low.   Following its final meeting for the year, the Fed announced it would only consider interest rate [...]

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Markets drop across Europe and U.S.

Israel is scapegoat – for defending itselfby Craig Masters Violence across Europe – seen on facebook worldwide An updated Associated Press Story carried in The Washington Post begins, ”Israeli airstrikes on targets in Gaza Strip hit markets Wednesday, with European shares falling most amid work stoppages in southern Europe and worries about economic growth across [...]

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Mitt made him build his own ‘coffin?’ Are you kidding?

by Craig Masters What in the world is that poor fellow talking about when he claims Mitt Romney shut down a thriving paper factory while making $100million? Why is this ad being released with only two weeks to the election? It could well be that the SuperPAC, PrioritiesUSA, hoped the facts that would destroy the [...]

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District 6 didn’t need tax increase for BEST grant

I initially approached the question of 3A with an open mind. But when I read the measure’s description I made up my mind real quick. The repayment cost for this is outrageous! Worse, going into debt could have easily been avoided. The actual cost of the new school to taxpayers is $14.5 Million (Plus our [...]

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Numbers for 3A don’t quite add up

by Jack Minor –   While voters are being asked to approve a tax increase to build a replacement school for John Evans, a closer look at the numbers being given to voters for the cost of the project apparently do not add up, with actual costs to the taxpayer being greater than what is [...]

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A Preview of the Ballot and some candidates

Learn more at local meeting in Campionby Craig Masters The 2012 general election ballots will be mailed in just a few weeks. Here is a preview of some of what most Americans (and others who vote) will be seeing on those ballots. Under “Presidential Electors” the list of candidates includes 16 names from various sectors [...]

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Fed plans Forceful non-traditional actions

By Craig Masters Recovery slope for US is still rising Friday, as expected, Ben Bernanke announced that the Fed would need to take action to adjust the markets. Analysts who study the language of the Bernankes of the world so they can interpret for the rest of us have said that Friday’s remarks were especially [...]

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Are Democrats looking for QE-3 to save Obama’s economy?

All eyes of the ‘one-percenters’ will be on Wyoming tomorrowBy Craig Masters Jackson Hole, Wyoming, the resort area adjacent to the Grand Tetons, is once again the site for an economic summit called The Jackson Hole Economic Symposium. This a conference of leading central bankers and international finance ministers. It is sponsored by the Federal [...]

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Teachers union suffering decline

by Matt Lacy –   While some were portraying the recall election in Wisconsin as a referendum on unions, the National Education Association has far bigger problems facing them.   Over the past two years the organization has lost over 150,000 members and is predicting the loss of another 200,000 in the next two years, [...]

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Vindication: Mainstream media discovers Reese right about Broadmoor

Denver station discovers story Gazette covered last year by Jack Minor –   Former Greeley/Evans District 6 school board member Brett Reese says a recent story by a Denver television station was a perfect example of the type of fiscal mismanagement he tried to fight while serving on the board. In a May 3 article [...]

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Pain in Spain Comes Mainly From the Drain

by Mike McCune –   The sucking sound of money going into the debt wasteland is coming from Europe again. This time the sound has shifted to the Iberian Peninsula but it has a eerily familar sound and carries the same dire consequences as the put-off Greek tragedy. The only question for central bankers is [...]

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The Rant: Slowing Economy Faces Major Obstacles

by Mike McCune – Federal Reserve Chairman Ben Bernanke remarked on the U.S. unemployment rate early Monday to the National Association for Business Economics. He noted the economy must grow much more quickly than is its current pace to make any dent in the percent of unemployed individuals in the U.S.   Bernanke’s remarks, closely followed by [...]

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The Rant: Green Technology Simply Isn’t Economically Sustainable

When the NOAA announced the results of its acidic study of the oceans last spring, I asked one simple question, “You claim the oceans are more acidic now than they have been in 800,000 years and it is due to human, specifically American, activity. Where was the human population that caused the acidic level to [...]

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The Rant: “U.S. in Wonderland” Or Going Down the Rabbit-Hole

     by Mike McCune   The stock markets continue to soar in early 2012–allegedly from sterling reports, European countries are finding buyers for their debt and the U.S. is peddling its debt with remarkable ease at very low interest rates that badly lag inflation’s bite. This all sounds too good to be true. Among other news [...]

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Firm awarded district contract recommending school improvements sits on board awarding funds

Wilson by Jack Minor – An employee with an architectural firm that was recently given a contract by the Greeley/Evans school board to conduct a study on school renovations also sits on the state board that will approve the grant for the project. At a Dec. 12 meeting, over the objections of board member Brett [...]

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NAACP opposes bill banning abortions based on race

Black conservative says organization has “sold out its soul” with opposition to bill Jerome Hudson by Peter Grady – A group that promotes African-American conservative values has expressed concern over the NAACP’s opposition to a bill that would ban abortions based solely on the race of the child. During hearings on Dec. 20 on the [...]

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Evans goes green, approves solar panels at Campus Crest

Evans approved solar panels like these to be installed at Campus Crest apartments by Jack Minor – The Evans city council approved a solar power project that will provide enough power for 44 homes at the Campus Crest apartments. Derek Esposito, project manager for Solar City, told councilmembers the company wanted to install solar panels [...]

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Handel’s Messiah: Still a favorite 270 years later

Originally used as evangelistic tool to get Gospel to masses by Matt Lacy – While many have been moved by the Hallelujah chorus of Handel’s Messiah, many may be shocked to learn the piece was originally intended to be used as a tool to reach the masses with the Gospel of Jesus Christ. George Frederic [...]

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The Choices are very clear for education’s future

By Craig Masters Any one who has been exposed to the news and comments about the campers in New York who have named themselves Occupy Wall Street, must certainly understand the basic reasons these folks are there. They are frustrated, uneducated, and vulnerable to smooth talking ‘community organizers’ who will promise them everything they demand. [...]

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The end seems near as Europe and Asia fall apart

America swings like it was 1928 -by Mike McCune   -  President Barack Obama and Federal Reserve Chairman Ben Bernanke are like a pair of hands. They don’t wash each other but they do grease each other. It is too bad for the other 308 million Americans their antics are also greasing the tracks under the [...]

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(This is the 3rd in a series of articles designed to shed some light on why the economic recession has defied expert projections of a recovery and continues on its path to collapse.)

3rd in a series by Mike McCune     It is amusing to listen to the dire saber rattlings coming from Moody’s and Standard and Poor’s about a threatened downgrade of the U.S. dollar by those two rating agencies. They can threaten until the cows come home and it can’t possibly compare to the what [...]

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Finance 101: Congress educates Obama on how to pay bills

Bill would mandate government pays its obligations before “swine odor research” and other pork projects by Jack Minor After President Obama implied that Social Security beneficiaries might not get paid if he doesn’t get his way regarding the debt ceiling increase, three members of Congress introduced a bill helping him prioritize the bills. Presidential Candidate, [...]

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Who needs Congress? Dems say President has authority to raise debt limit on his own

Congressman calls for impeachment if Obama bypasses Congress         by Jack Minor  As the discussion surrounding raising the debt limit has become more heated on both sides, some Democrats are claiming that the President does not need Congress  to raise the debt limit on his own.  The claim for Congress not being [...]

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Payday lending laws made last year eliminated the industry in state

One year later says half of all stores in state closed; 400 jobs gone by Jack Minor   An executive for a company that owns large numbers of Payday lenders around the country says last year’s legislation intended to regulate the industry in Colorado actually eliminated it.  The law extended the terms of the loans [...]

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Tea party House votes “No” to increase Obama’s credit card limit

  by Jack Minor   Heeding calls from Tea Party members, Republicans in the house unanimously voted against a proposal to increase the federal debt limit to $16.7 trillion.  The 318-97 vote to raise the debt limit was a clean vote with no conditions attached. Democrat minority whip, Steny Hoyer, advised Democrats to vote against [...]

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Tea Party issues ultimatum to Congress: No to debt limit increase, or else

Vote on raising limit will determine scorecard for entire year, all or nothing by Jack Minor  With rising gas prices taking more money out of the family budget, many economists are saying the problem is the devaluing of the dollar caused by excessive government debt.  Currently the federal debt limit is $14 trillion according to [...]

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“I don’t like it and I’m not going to do it!”

Governments choose the laws to enforce Attorney Paul Clement by Jack Minor  Recent actions by both the federal and state governments have indicated they will simply ignore their responsibilities by refusing to defend or enforce laws they do not like.  In 1996 Congress passed the Defense of Marriage Act with bipartisan votes. The bill was [...]

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Did local official have conflict of interest in approval of emissions testing for Weld County?

By Jack Minor Critics are asking if a controversial emissions program affecting Weld County might have been unduly influenced by a government official with ties to the company that was awarded the testing contract.  Nancy Reubert currently works as the communications director for the Denver Clerk and Recorder’s Office. According to her Linkedin page , Reubert [...]

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What’s the Deal with the Debt?

By Mike Bauman The national debt has been a political football for years.  It seems no national politician has been elected in the past decade without addressing, and usually promising to solve, this issue.  But what is the debt?  How does it work?   Who really holds it? The national debt is not like a [...]

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When should your new love interest meet your children?

Why it’s important to waitby Vanessa Dominguez Being a parent is not easy by any means. Most people  start a relationship or marriage with the intention of having everlasting love and commitment. Then they face the challenges of pregnancy and children.  Unfortunately, some parents find it necessary to separate. Too many times, when this happens, the children [...]

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PIRATE RADIO SUPPORT

Saturday, January 8, 2011 I was surprised to see Greeley’s own Pirate Radio showcased on Denver Channel 9’s News. It seems that the reason for Channel 9’s interest in the radio station was a commentary that Pirate Radio’s owner, Brett Reese, chose to air. The commentary expresses a listener’s view of the upcoming MLK holiday. [...]

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