The economy, is it good or bad. (Page 149/181)
84fiero123 JAN 14, 10:07 AM
You still argued that the guy was sane, that he was not in not only my opinion but that of others in the thread.

I never tried to link the guys education to him being nuts, never I simply pointed out that his education gave him a medical license. That he was nuts, nothing to do with his education.

You as usual read what you want and use it to propagate what you think in your mind is what was said. Didn’t matter if it was right or not, in your mind it was.

84Bill JAN 14, 10:11 AM
Hey look, a puppy!

Subprime woes to hit student loans
The subprime crisis is expected to make it harder for students to get low-interest loans, according to a new report.

NEW YORK (CNNMoney.com) -- Students relying on college loans will soon feel the pinch from the subprime mortgage crisis, according to a report by financial aid guide FinAid this week.

Not only will subprime borrowers have more trouble securing a student loan, but all student borrowers will be subject to stricter lending practices, according to the financial aid adviser.

Roadblocks could include higher credit scores needed to secure student loans as well as higher interest rates on those loans.

Student lender Sallie Mae (SLM, Fortune 500) also wrote in a filing with the Securities and Exchange Commission last week that it plans to be more selective in granting loans.

Along with mortgages, student loans and other asset-backed securities started to feel the subprime market's effects as early as last summer, as spooked investors reacted to increasing default and foreclosure rates, FinAid reported.

On top of that, lender subsidy cuts as a part of the College Cost Reduction and Access Act passed last year have made federal and private education loans less profitable for lenders, who will likely pass the burden on to borrowers, according to the report.
Red88FF JAN 14, 11:11 AM
No links but don't student loans have a terrible pay back rate? I seem to remember watching 20 20 about even doctors not paying back their loans.

Pyrthian JAN 14, 11:20 AM
just means more meat for the services. send 'em to Iraq!
84Bill JAN 14, 11:36 AM
Slow spending to slam retailers
Industry forecast expects 2008 sales growth to be weakest in 6 years as economic slowdown pinches consumers.

NEW YORK (CNNMoney.com) -- Retail sales in 2008 will suffer their weakest pace of growth in six years as Americans struggle with rising unemployment, worsening housing and credit market conditions and higher food and energy costs in the months ahead., according to an industry forecast released Monday.

The National Retail Federation (NRF), in its annual economic outlook, said it expects full-year sales this year to grow 3.5 percent, the slowest increase since 2002 when sales grew 3 percent.


Sears profit to fall short of estimates
Retailer warns about quarterly earnings as holiday sales fall.

HOFFMAN ESTATES, Ill. (AP) -- Sears Holdings Corp. said Monday it expects fourth-quarter earnings below analysts estimates on lower same-store sales as well as more promotions and markdowns.

[This message has been edited by 84Bill (edited 01-14-2008).]

Red88FF JAN 14, 11:42 AM


"Retail sales in 2008 will suffer their weakest pace of "growth" in six years"


"in its annual economic outlook, said it "expects" full-year sales this year to "grow" 3.5 percent"

Growth Growth Growth,,,, hmmmmm Grow grow grow? redundant or what? same ole bullsh!t.
84Bill JAN 14, 11:47 AM
"The slowest increase since 2002 when sales grew 3 percent."

Slow... kind of like the idiots who read reports and thing slow means good nor grasp the idea that 2008 appears to have all the makings for the slowest growth since 2002... or worse.

[This message has been edited by 84Bill (edited 01-14-2008).]

Red88FF JAN 14, 11:49 AM

quote
Originally posted by 84Bill:
Slow... kind of like the idiots who read reports nor grasp the idea
"



Look in the mirror while you eat that government cheese. heh
84Bill JAN 14, 11:58 AM

quote
Originally posted by Red88FF:
Look in the mirror while you eat that government cheese. heh



Heh...
Just another way of losing an argument and trying to make yourself feel better.
Phranc JAN 14, 12:08 PM
So how exactly is an increase ie: "growth" bad?