MedWorm provides a medical RSS filtering service. Over 6000 RSS medical sources are combined and output via different filters. This feed contains the latest medical blog items that have been tagged with 'borrowing'. Sat, 03 Sep 2011 02:42:02 +0100 http://www.medworm.com/index.php?rid=3633629&cid=t_212159_151_f&fid=35818&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FRecoveryIsSexycom%2F%7E3%2F3qxRCShjq4w%2F The 12 Signs of Compulsive Debting are;   1. Being unclear about your financial situation. Not knowing account balances, monthly expenses, loan interest rates, fees, fines, or contractual obligations. 2. Frequently "borrowing" items such as books, pens, or small amounts of money from friends and others, and failing to return them. 3. Poor saving habits. Not planning for taxes, retirement or other not-recurring but predictable items, and then feeling surprised when they come due; a "live for today, don’t worry about tomorrow" attitude." 4. Compulsive shopping: Being unable to pass up a "good deal"; making impulsive purchases; leaving price tags on clothes so they can be returned; not using items you’ve purchased. 5. Difficulty in meeti... Recovery Is Sexy.com blogs http://www.medworm.com/rss/comments.php?id=3633629 Sun, 06 Jun 2010 00:09:39 +0100 3633629 http://www.medworm.com/index.php?rid=3629618&cid=t_212159_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2F5Ij5q5GF5Jg%2F By Mark A. CalabriaOn the surface the failures of Fannie Mae and Freddie Mac would appear to have little connection to the fiscal crisis in Greece, outside of both occurring in or around the time of a global financial crisis.  Of course in the case of Fannie and Freddie, primary blame lies with their management and with Congress.  Primary blame for Greece’s problems clearly lies with the Greek government.  Neither Greece or Fannie would have been able to get into as much trouble, however, if financial institutions around the world had not loaded up on their debt.  One reason, if not the primary reason, for bailing out both Greece and the US’s government sponsored enterprises is the adverse impact their failures would have on the banking system. Yet bankers around the world ... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=3629618 Thu, 03 Jun 2010 20:16:19 +0100 3629618 http://www.medworm.com/index.php?rid=3382804&cid=t_212159_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2F2b_vIHNsAE8%2F By Doug BandowThe U.S. isn’t Greece.  Yet. Moody’s is no longer so sure about the quality of Uncle Sam’s debt.  Reports the Christian Science Monitor: The US needs to make significant government spending cuts or else risk losing its gold-plated credit rating that has made extensive borrowing so affordable, Moody’s Investor Service said late Monday. The announcement was a sobering warning that the country’s burgeoning debt has weakened the country’s economic standing, and that US Treasury Bonds, traditionally a bullet-proof investment, could lose their sterling Aaa-rating if Washington cannot control its federal debt. If Moody’s were to downgrade the country’s rating, the impact could be severe. It would signal to lenders worldwide that the US is no longer one ... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=3382804 Thu, 18 Mar 2010 18:26:18 +0100 3382804 http://www.medworm.com/index.php?rid=3378459&cid=t_212159_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FC2a-Db-bt_8%2F By Mark A. CalabriaMoody’s has announced that it will change its methods for rating debt issued by state and local governments.  Politicians have argued that its current ratings ignore the historically low default rate of municipal bonds, resulting in higher interest rates being paid on muni debt, or so argue the politicians. First this argument ignores that the market determines the cost of borrowing, not the rating.  And while ratings are considered by market participants, one can easily find similarly rated bonds that trade at different yields. Second, while ratings should give some weight to historical performance, far more weight should be given to expected future performance.  Regardless of how say California-issued debt has performed in the past, does anyone doubt that Cali... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=3378459 Wed, 17 Mar 2010 20:03:58 +0100 3378459 http://www.medworm.com/index.php?rid=2993934&cid=t_212159_151_f&fid=35818&url=http%3A%2F%2Frecoveryissexy.com%2F12-signs-of-compulsive-debting%2F The 12 Signs of Compulsive Debting are; 1. Being unclear about your financial situation. Not knowing account balances, monthly expenses, loan interest rates, fees, fines, or contractual obligations. 2. Frequently “borrowing” items such as books, pens, or small amounts of money from friends and others, and failing to return them. 3. Poor saving habits. Not planning for taxes, retirement or other not-recurring but predictable items, and then feeling surprised when they come due; a “live for today, don’t worry about tomorrow” attitude.” 4. Compulsive shopping: Being unable to pass up a “good deal”; making impulsive purchases; leaving price tags on clothes so they can be returned; not using items you’ve purchased. 5. Difficulty in meeting b... Recovery Is Sexy.com blogs http://www.medworm.com/rss/comments.php?id=2993934 Sun, 15 Nov 2009 13:57:56 +0100 2993934 http://www.medworm.com/index.php?rid=2842513&cid=t_212159_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FM9AfmWdCXWQ%2F USA Today’s Dennis Cauchon reports that ”state governments are rushing to borrow money to take advantage of cheap and plentiful credit at a time when tax collections are tumbling.” That will allow them to “avoid some painful spending cuts,” Cauchon notes, but it will sadly impose more pain on taxpayers down the road. When politicians have the chance to act irresponsibly, they will act irresponsibly. Give them low interest rates and they go on a borrowing binge. The result is that they are in over their heads with massive piles of bond debt on top of the huge unfunded obligations they have built up for state pension and health care plans. The chart shows that total state and local government debt soared 93 percent this decade. It jumped from $1.2 trilli... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2842513 Mon, 28 Sep 2009 19:34:18 +0100 2842513 http://www.medworm.com/index.php?rid=2820195&cid=t_212159_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FAS3BPpkEnHY%2F With the declining balance of the Federal Deposit Insurance Fund, and more bank failures likely in the days ahead, the FDIC is looking for novel ways to avoid borrowing from Treasury to cover its expected shortfalls.  One proposal being floated is to have the FDIC borrow from healthy banks to cover the costs of bank failures.  Without borrowing from either the Treasury or the banks, FDIC would likely have to raise insurance premiums on all insured banks. While the scheme is imaginative, it is in reality no different than borrowing from the Treasury.  Banks, in exchange for a loan, would receive a government bond.  Does anyone doubt that these bonds would not simply be backed by the FDIC, but also backed by the Treasury?  In effect the plan is no different than FDIC borrowing from the ... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2820195 Tue, 22 Sep 2009 18:02:32 +0100 2820195 http://www.medworm.com/index.php?rid=2653669&cid=t_212159_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FgXFYSxav4ZQ%2F While banks such as Goldman and J.P. Morgan have managed to find a way to re-pay the capital injections made under the TARP bailout, their reliance on public subsidies is far from over. The federal government, via a debt guarantee program run by the FDIC, is still putting considerable taxpayer funds at risk on behalf of the banking industry.  The Wall Street Journal estimates that banks participating in the FDIC debt guarantee program will save about $24 billion in reduced borrowing costs of the next three years. The Journal estimates that Goldman alone will save over $2 billion on its borrowing costs due to the FDIC’s guarantees. One of the conditions imposed by the Treasury department for allowing banks to leave the TARP was that such banks be able to issue debt not guaranteedÂ... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2653669 Wed, 29 Jul 2009 18:48:54 +0100 2653669 http://www.medworm.com/index.php?rid=2380731&cid=t_212159_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2F6mnqDu-jDMo%2F God hates the sin but loves the sinner, we are told.  Americans have a similar attitude towards credit cards.  They love the cards but hate the card issuers. Naturally, President Barack Obama has picked up on this sentiment and wants the credit card companies to be “fair.”  Reports the Washington Post: The Obama administration yesterday called for an end to unfair credit card industry practices such as retroactive interest rate increases for any reason, late-fee traps that penalize borrowers with weekend or middle-of-the-day deadlines and teaser rates that last less than six months. In a written statement released by the Treasury Department, the administration outlined practices it would like Congress to reform as it considers two bills that would crack down on the industry... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2380731 Thu, 30 Apr 2009 12:36:49 +0100 2380731 http://www.medworm.com/index.php?rid=2284356&cid=t_212159_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2Fa_4xgLzvmWA%2F The Federal Reserve announced that it would create $1.2 trillion out of thin air and use it to buy mortgage-backed securities and Treasury bonds, even though Some Fed leaders have resisted buying Treasurys in the past because they were unsure whether it would help reduce borrowing costs and because they feared that it would appear that the central bank was simply printing money to finance the government’s deficit, a hallmark of countries with poorly managed economies. (Source: Cato-at-liberty) Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2284356 Thu, 19 Mar 2009 15:56:26 +0100 2284356 http://www.medworm.com/index.php?rid=2227145&cid=t_212159_87_f&fid=34595&url=http%3A%2F%2Fnhsblogdoc.blogspot.com%2F2009%2F03%2Fnation-reels.html A reader emails me to draw my attention to a sensible article in the Daily Mail. Really. "Pity it wasn't original" he concludes. "They obviously nicked it from here."I couldn't possibly comment. (Source: NHS Blog Doctor) NHS Blog Doctor blogs http://www.medworm.com/rss/comments.php?id=2227145 Sun, 01 Mar 2009 13:51:00 +0100 2227145 http://www.medworm.com/index.php?rid=1961033&cid=t_212159_125_f&fid=36046&url=http%3A%2F%2Fdentistrylibrary.blogspot.com%2F2008%2F11%2Fgraduating-this-year.html Yay!!! Our parting gift, a "New Alumni 12 months Free Library Membership" is just for you! Students completing their studies in 2008 and all future graduates are entitled to 12 months of alumni Library membership at no cost. To take advantage of this free membership you need to have applied for it within the first year after you have completed your studies. So go for it while its free :-) You will find information on how to apply here. Subscribe in a reader (Source: DentistryLibrary@Sydney) DentistryLibrary@Sydney blogs http://www.medworm.com/rss/comments.php?id=1961033 Fri, 14 Nov 2008 04:51:00 +0100 1961033