June, 2010

Hurricane Alex veers from gulf oil spill but still threatens

Hurricane Alex may not become an actual hurricane until Tuesday. But for now, Alex, which is the first named storm of hurricane season 2010, appears to be heading away from the oil spill in the Gulf of Mexico 2010. A hurricane warning was given to south Texas and northeastern Mexico. On day 69 of the ...

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Congressional committee agrees on auto dealer exemption

The National Automobile Dealers Association has political muscle, and it was not afraid to use it to obtain the highly sought-after auto dealer exemption from Consumer Financial Protection Bureau oversight. Automotive News interviewed NADA spokesman Bailey Woods, who told the industry publication that the House and Senate committees came to the proper conclusion for consumers, ...

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House Dems seek auto dealer exemption from financial reform

The Hill blog reports that 62 House Democrats are urging lawmakers to pursue an auto dealer exemption in light of upcoming financial reforms being considered by the Consumer Financial Protection Agency (CFPA). The movement, which was actually organized by New York Reps. Bill Owens and Mike McMahon, goes against the wishes of the White House, ...

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Student loan repayment affects your ability to get a mortgage

Will student loan repayment get within the way if you want to buy a house? Not in case you are on schedule in your payments. Because they don't yet understand how credit and lending works, you will find numerous graduates that often get themselves into trouble by blowing off student loan payments. What they do ...

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Cap and trade definition threatens passage of climate change bill

Cap and trade, by definition, is an anchor of the climate and energy bill under current debate in Congress. The cap and trade definition is elusive to most people not directly involved in utilities, petrochemicals or the manufacturing business. To understand cap and trade, think of it as a system designed to create and regulate ...

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