It’s not often a government, any government, admits how incompetent it’s been for so many years, but the Consumer Financial Protection Bureau (CFPB) has done just that. They have also, unwittingly, laid out the argument against government interference and intervention in the engine of America, the private sector marketplace.
The AP recently reported, “Federal regulators for the first time are laying out rules aimed at ensuring that mortgage borrowers can afford to repay the loans they take out. The rules unveiled Thursday by the Consumer Financial Protection Bureau impose a range of obligations and restrictions on lenders, including bans on the risky ‘interest only’ and ‘no documentation’ loans that helped inflate the housing bubble.”
“Lenders will be required to verify and inspect borrowers financial records. The results discourage them from saddling borrowers with total debt payments totaling more than 43% of the persons annual income. That includes existing debts like credit cards and student loans.”
“CFPB director Richard Cordray, in remarks prepared for the event Thursday, called the rules, ‘the true essence of responsible lending’.”
So you may ask yourself; self, if this is the first time they (the government) have insisted on these “new” rules, what have they been doing all these years?
Have the feds simply had a “hands-off” approach regarding lenders? Is that the reason for the mortgage crisis and subsequent meltdown?
For all these years the federal government has stood by and allowed evil “big banks” to use predatory lending practices to prey on the innocent and unsuspecting homebuyer.
Well, that’s not exactly how things have been. As a matter of fact, it’s pretty much the polar opposite of what I just described.
Interventionalist “Nanny” government policy always begins with progressive administrations. Thus it was with Jimmy Carter. Jimmy Carter’s is the administration that gave us the “Community Reinvestment Act” (CRA).
As progressives are always wanting, Carter’s plan was, through the force of government, to provide “affordable housing” to those he deemed less fortunate. According to progressives, the government is both arbiter of what is fair and can always fix any problem. And you see, it’s simply not fair to deny people the right to affordable housing. Progressives are all about fairness, ya know.
As one would expect, during the Reagan years, Carter’s grand plan just languished in the shadows. It wasn’t until the progressive Clinton administration that the CRA got legs. Actually, more like wings or a jet pack.
Clinton rediscovered Carter’s plan and pumped it full of steroids. Through the power of his Justice Department and his stooge Janet Reno, he forced banks to offer mortgages to those who could not afford to purchase nor had a prayer of paying back the loan.
Reno threatened banks with regulations and stiff penalties, to make these loans, so the banks, in turn, were forced to come up with ways to make the mortgages more palatable, such as “interest only” and “no documentation” loans. If one were of a “preferred” class, one would not even …
Business branding is the term used for establishing the identity of a business’ products or services in the market and for consumers. Firstly you have to communicate with your customers, you may ask yourself, HOW?
The answer is, with the help of professional logo design. Logos help in communicating with all the customers and the logo attains a lasting impression of your business in the customer’s mind. In order to get noticed, you need to enjoy working with graphic designs. Being creative will go a long way, and help your business stand out from the competition.
When you have to convey your business identity or to express the message behind the business, the old cliche will most definitely be true in that case: A picture is worth more than a thousand words. Words are important to communicate but a graphic design holds the true potential to gain attention. The image leaves a lasting impression on the viewer’s mind, and they may feel a bit of visual attraction while looking at your company’s logo. It is your business’ brand identity; the image serves as a face that is easily recognizable in the market.
Professional graphical designers work hard to produce creative concepts when they design a logo, and your business’ profile. They need to select very accurate images to represent your company. With a combination of symbols, texts, and colors, they have to think out of the box when it is all about setting up your business’ brand identity, There is no doubt that you will be able to express your message through words, but imagine your company was represented by just a symbol, a perfect logo design and the viewers and customers easily get attracted to find out what is it your company actually does.
Your company needs to attract attention from every potential customer. You will need a brand stamp on every single product your company sells. The logo design should be different and unique. It should consist of clever graphics and colors and transform into something far more superior than just your business’ profile. Take an example of McDonalds, the logo design just consists of the letter “M” but it is different and people notice it around the world with having just a glimpse of the icon.
Your business should hold the same key to its success. The graphic design that you will choose will represent your entire corporate identity. You may have to use many options to market your business, spread it around and let it be known. But you have to ensure that the image that will portray you’re your company profile should be creative, innovative and ultimately distinctive. Graphical designs should set a perfect and permanent face for your business. Choose the best one you can possibly find. Best option for you is to hire a professional graphic designer. All you have to do is submit a brief summary about your business and leave all the creative work to the professionals. Within a …
An online newspaper, also known as a web newspaper, is a newspaper that exists on the World Wide Web or Internet, either separately or as an online version of a printed periodical. Going online created more opportunities for newspapers, such as competing with broadcast journalism in presenting breaking news in a more efficient way. Since print editions are slowly fading away, more and more people are turning to online news for instant news which can be published and managed within minutes.
What You Will Need For Publishing Your Own Newspaper:
You won’t need much to start publishing your own newspaper online. You’ll need access to a computer with an Internet connection and you can manage yourself 24×7 from anywhere in the world. There are many online hosting companies specialized in newspaper industry only. Apart from the regular features the newspaper CMS used to design online papers offer different innovative tools are required to take your online newspaper to a new level.
Tips on choosing the right newspaper website host:
Selecting the right host with the Content Management System designed for newspaper/magazine industry is very important. Here are some tips before you embark on this mission of starting your own newspaper:
1. Features: There are thousands of online newspapers out there, so it’s important that you select a CMS which offers all the features you are looking for so you can compete. You will also find other vendors offering extra charges for add-ons, software versions or software upgrades to further confuse you. Look for software vendor that offers all features in one package.
2. Price/Usability: Since this may be your first time starting an online newspaper, you might want to select a CMS that is cost effective and simple to use. All the controls should be available online and you should not go for companies requiring installation of some codes on your machine.
3. Trial/Money Back Guarantee: This is very important as you are also trying out the product and not sure if this CMS would fulfill your requirements. Look out for the hassle free money back guarantee.
4. Contracts or Support Fee: Do not go in for companies where you are obligated to sign contracts. If they bound you by contracts then they are bound to hamper your growth. Look for newspaper hosting companies that offer FREE 24/7 support system.
5. How old is the company: It is important that you know how many years has the newspaper hosting company been in business, if it’s fairly new then you and him are both new to this business and trying out things. You’ll want a hosting provider with extensive experience supporting the newspaper template you’ve selected.
6. Clients: If the company has a good client showcase on its homepage then it’s a reputed company unlike others who keep it hidden. Go through the showcase and review the features it has to offer as well.
7. Google them: Search for different keyword searches such as online newspaper software, newspaper templates, etc., you …
Companies who are working online are getting more profit than companies who are not working online. From the past few years, online shopping trend is taking over the world. Now people do not want to waste their time in malls for shopping they prefer online shopping websites from huge malls. Which consume their energy and time both?
Now people are very busy in their daily life routine and don’t have much time for shopping as we see in the past. People marked days when they have to go for shopping. In the same time frame trend of building huge malls also came in the market and attract people to visit them. But now the trend is changed and people want to buy online.
This is not so easy for companies who started their operations only from the internet to start like Amazon. Because at that time the trend of online shopping is not so in. then people have some security concerns regarding online shopping. But companies who are doing business online minimize these threats and get customers to trust in online shopping. But that, not the only challenge which they are facing customer also have issues with delivery service and product quality as well in the start. So they work on that to reduce that problem as well. After that, every company wants to work online and start making strategies for that which increase the competition on online businesses.
So for that, they came up with different strategies that how to remain number one in the market. How they can show their products to maximum customers in very less budget. So technology helps companies here and came up with different software and marketing strategies which help them to increase their product reach to their customers. Search engine optimization is one of the many Canadian search engine optimization company @Edkent provide services to many companies on this technology.
Search Engine Optimization:
So what is SEO basically it helps to place your website on best ranking in Google search? Research shows the company website shows on the first page of Google get most of the business share. So it includes different formulas and algorithms to bring your site in top ranking.
So companies who provide services regarding SEO lock some of the key factors which help a website to rank on top and design your website or page accordingly. They use maximum numbers of those words which people use to find your product. Like if in English the name of a product is different than in French. Then these companies use both language words on your website which help them to increase your customers. Now customer from England or searching in English for that products land on your page. But along with that customer who is finding the same product in the French language also visit your website.
Basically, it is a technique of increasing the number of visitors on your website so the company can covert these potential customers into …
Everyone considering of beginning a modest enterprise right now requires to complete some extraordinary due diligence. Any time an entrepreneur starts on the market is a great deal of items that have to become assessed carefully but starting a little business in uncertain monetary occasions requires greater than regular care.
With numerous individuals these days being downsized or created redundant at a young age, many individuals think they’re going to commence their very own modest organization as a implies of earning that bit of extra income to prop up their superannuation retirement funds. They also really feel that they are considerably as well young to accomplish absolutely nothing and or also that they hold this wealth of expertise in one particular field or an additional that they’ve in some cases been in all their lives and now believe they desire to put this expertise to work with for their own gain.
This can be unbelievably much more hubris (ego) than popular sense. Operating a small company requires a lot more knowledge and talent than basically realizing the way to do something properly. But this doesn’t mean it can be an not possible task; it basically implies that you can require a set of new expertise.
These new abilities is often easily learned out of your neighborhood community or TAFE college. These educational facilities had been made for mature people to acquire new abilities and as prior studying can occasionally be taken into account towards a new diploma or certificate must be a initial port of get in touch with for gaining and supplementing know-how.
After you have extra of an notion about operating your own smaller business enterprise you can be in a far better position to know regardless of whether or not it may be viable. You will possess the skills to assess viability and save your self loads of dollars and angst just before out-laying any of those hard-earned superannuation retirement dollars. And in the event you determine that the proposed small small business would not be viable, that is, wouldn’t adequately compensate you for the perform and economic outlay required, you may at least have yet another set of expertise with which to look for alternate employment if you would like or need to.
Too a lot of small small business owners lock themselves into higher rent contracts only to seek out that it truly is either not a superb place for their company or that they cannot compete with local competitors. When a industrial rental contract is signed, it is like any contract and must be fulfilled.
A Industrial Rental
A industrial rental contract is pretty unique to a residential contract. A industrial rental contract is rented by the square meter and not commonly by the whole property. As soon as you begin taking a look at area with store front access, rents can at times be astonishingly costly. When you weren’t aware of tiny issues like this, you may get sucked into black-holes …