Word: crediteers
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...available later this year for just over $110. The 3G device might not have a touchscreen or a swish keyboard, but with access to Ovi Mail, Nokia's free e-mail service, it's designed to give thousands of consumers in emerging markets their "first Internet experience," says Credit Suisse's Garcha. Ovi Mail was conceived specifically for consumers with limited PC access, and almost all the 350,000 accounts registered since the service's launch last December have been created on Nokia phones, not on computers. To the company, that bodes well for the future. "We believe giving [consumers...
...loans back." Donnelly, along with fellow Indiana Rep. Mark Souder, say boats and RVs have the same financing challenge as the auto industry. Many auto dealers had their financing yanked, forcing some out of business. Traditional lenders like GMAC aren't as available to boat dealers due to the credit crunch, and the SBA is there to "fill the void," Matz adds. The loans will range between $500,000 and $2 million for the pilot program, approved at least through Sept...
...best-constructed health-care bill, developed by Senator Ron Wyden of Oregon, would eliminate the health-care tax exclusion the unions want. "But we also offer a tax credit of $17,000 per year, which is more than most people are getting in health-care benefits now," he says. Wyden's bill addresses most of the other major health-care issues. It has 14 bipartisan co-sponsors in the Senate, it covers everyone and offers more choices, it reforms the health-insurance business, it alleviates the responsibility of employers, it has a robust cost-control mechanism, and it has been...
...their bills because trial lawyers are a major Democratic special-interest group. Another Democratic interest group, organized labor, has blocked the most logical and progressive way to fund a universal health-care system - eliminating the tax exclusion on health benefits and replacing it with a progressive tax credit. The health-care exclusion is, at approximately $250 billion, the single biggest tax break in the federal code. The problem is that unions have negotiated generous health packages over the years. According to Senator Stabenow, autoworkers get a package worth about $15,000 per year - and public employees get more, about...
...onto the government. That's been one of the concerns that I had originally during the debates with John McCain about completely eliminating the exclusion. The majority of people still get health insurance from their employers. For them to suddenly just lose that and get some sort of tax credit and have to go out on the open market would be a radical change that I think would increase people's vulnerability as opposed to increasing their security...