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2010-03-12 04:10
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Posts Tagged ‘idea’

Questions hang over Obama’s jobs tax credit

President Barack Obama announces economic initiatives for struggling middle class families, Monday in the Eisenhower Executive Office Building in Washington.President Barack Obama’s promised push to create jobs includes a new tax credit for small businesses that add employees –  an idea that clearly appeals to a nation struggling with a nearly 10 percent unemployment rate.










BarackObamaPresident of the United StatesUnited StatesUnemploymentPresident Barack Obama

Dodd may scrap consumer protection agency

Senator Chris Dodd is a Connecticut Democrat who this month said he will not seek reelection this year.The head of the Senate Banking Committee may scrap the idea of creating a consumer financial protection agency, a paper said Friday citing people familiar with the matter.










United States Senate Committee on Banking Housing and Urban AffairsConsumer protectionUnited StatesSenate Banking CommitteeHome

Thumbs up for ending estate agents dual role

A PROPOSAL to ban property agents from representing both the seller and buyer in the same transaction has generated strong public interest – with many giving the idea the thumbs up.
This practice, widespread in the HDB resale market, leaves the agent with a clear conflict of interest.
But there is likely to be resistance from some agents who stand to lose commissions if it is implemented.

The pr… more

Newsweek: Can governments borrow too much?

The idea that the government of a major advanced country would default on its debt—that is, tell lenders that it won’t repay them all they’re owed—was, until recently, a preposterous proposition. Well, it’s still a very, very long shot, but it’s no longer entirely unimaginable.




Move to ban one agent for buyer and seller under study

THE Government is contemplating a move to ban property agents from engaging in the widespread practice of representing both the seller and buyer of an HDB flat in the same transaction.
The idea is set to get the thumbs up from home buyers and sellers, but could leave some agents unhappy at a potential loss of commission income.
The proposal was released yesterday by the Ministry of National Develo… more

NYT: Wall Street tries bundling life insurance

After the mortgage business imploded last year, investment banks began searching for another big idea to make money. They think they may have found one: bundling life insurance policies.




White House views splitting Fannie, Freddie assets (Reuters)

A woman takes a brochure detailing how homeowners can make their mortgage payments more affordable at the Fannie Mae booth set up at the Housing Rescue Fair, part of the National Urban League's Economic Empowerment Tour, in Dallas, Texas June 13, 2009. REUTERS/Jessica RinaldiReuters – U.S. officials are considering a plan to isolate failing assets held by Fannie Mae and Freddie Mac , The Washington Post reported on Wednesday, while an administration official said such an idea was in the early stages of development.


The new ‘retirement’ plan: Keep working

Bill Larimore, right, wants to stay on at the at the ThermoFisher Scientific plant in Weaverville, North Carolina where he is a security guard: “I don’t want to sit at home." He plans to work at least until 70.The traditional idea of retirement — an end-of-life period of leisure and personal pursuits —is becoming a vestige of bygone days. The new plan: keep working. By John W. Schoen.






The new ‘retirement’ plan: Keep working

Bill Larimore, right, wants to stay on at the at the ThermoFisher Scientific plant in Weaverville, North Carolina where he is a security guard: “I don’t want to sit at home." He plans to work at least until 70.The traditional idea of retirement — an end-of-life period of leisure and personal pursuits —is becoming a vestige of bygone days. The new plan: keep working. By John W. Schoen.


The new ‘retirement’ plan: Keep working

Bill Larimore, right, wants to stay on at the at the ThermoFisher Scientific plant in Weaverville, North Carolina where he is a security guard: “I don’t want to sit at home." He plans to work at least until 70.The traditional idea of retirement — an end-of-life period of leisure and personal pursuits —is becoming a vestige of bygone days. The new plan: keep working. By John W. Schoen.


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