Posts Tagged ‘loan’

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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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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Will NASA’s Mars menu help Obama feed the middle-class?

by Craig Masters Regardless of what else you may think about Obama’s policies, religious ideology, reports filled with false numbers, or unconstitutional implementation of laws, the one area where there is no doubt is that he believes the economic plan for recovery is to follow the advice of John Maynard Keynes: borrow our way out [...]

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Don’t Stop Believin’ – It’s Ryan Time!

by Craig Masters After a short concert by country music star, Jamie O’Neal, Vice-presidential nominee Paul Ryan kept spirits high of the enthusiastic crowd that packed the manufacturing facility of the Walker Implement Company in Fort Collins Wednesday morning. Like he did Sunday at the Romney/Ryan victory rally in Denver, former Colorado congressman, Bob Beauprez ,opened [...]

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Weak Housing Market Extends Recovery Road

by Mike McCune   You have probably heard little from the housing market recently. Didn’t you know the housing market had “hit bottom” according to many Wall Street analysts and was no longer a concern?   Not so fast with all the loose talk of bottoming and rebounding. The housing market is still discovering new [...]

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Obama begins Energy tour

by Craig Masters While Obama stumps near Boulder City, Nevada, in support of another solar energy company, taxpayers are learning more disturbing details about their losses in another Department of Energy backed solar panel manufacturer, First Solar of Arizona. USA Today covered the President’s first day of a four day tour to highlight his successes [...]

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SOLYNDRA SYNOPSIS

by THE Mike McCune !  The collapse of Solyndra goes far beyond the $535 million in government grants. It hits at the very heart of why our government has to be changed. Solyndra is a Republican and Democratic problem. Solyndra summarizes everything that must be corrected immediately in our government–the collusion, the deceit, the political [...]

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Pressure mounts on Obama to drop out of 2012 race

    by Jack Minor – With the President’s poll numbers falling, Obama supporters have begun to send signals that the party might be better off if he chose not to seek reelection. Several media stories have appeared recently suggesting that Obama could face serious challenges in the 2012 election and one newspaper in Chicago [...]

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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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Fannie Mae Loses $8.7 Billion in First Three Months of 2011

By Mike Bauman On Friday, April 6, 2011 Fannie Mae reported to the government that it has lost $8.7 billion in the first three months of the year.  These losses were due to the large numbers of loan defaults on mortgages guaranteed by the company. Fannie requested the government give them $8.5 billion in additional [...]

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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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Court rules using someone else’s social security number not identity theft

By Jack Minor The Colorado Supreme Court issued a ruling that using someone else’s Social Security number is not identity theft as long as you use your own name with it. The case involved Felix Montes-Rodriguez who went to Hajek Chevrolet in Longmont to obtain a car loan. Rodriguez admitted that he used a false [...]

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Conway tells Bennet staffer: Stop war on our community banks

Story and Photo By Jack Minor At a recent forum on agriculture Weld County Commissioner Sean Conway had some sharp words for a Senate staffer asking her boss to lay off local community banks. The U.S. Department of Agriculture and staffers from both Sen. Michael Bennet’s office and Rep Betsy Markey’s office hosted a forum [...]

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The Rant

Bank overdraft fees Guest Column By Michael McCune A double-edged ruling on bank overdraft fees came from California U.S. District Court Judge William Alsup last week. Alsup, in his decision, accused Wells Fargo & Co. of “gouging and profiteering” by changing a normal chronological process of business transactions to highest to lowest dollar amount. He [...]

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