Credit Card and ONLY One Credit Card. Get rid of the anymore and close out accounts. Pay the balance every month. Starve the beast.

Credit Cards From Largest Banks Would Break New Law, Pew Says (click title to entry - thank you)
By Alexis Leondis and Peter Eichenbaum
Oct. 28 (Bloomberg) -- None of the credit cards offered online by the 12 largest U.S. banks would meet requirements of new federal curbs on the industry’s rates and fees, a report from the Pew Charitable Trusts said.
All of the cards surveyed used practices considered “unfair or deceptive” by the Federal Reserve, according to the report released today by the Philadelphia-based nonprofit organization. The study examined almost 400 cards advertised by banks and credit unions and compared terms for cards offered in July 2009 and December 2008.
The Credit Card Accountability, Responsibility and Disclosure Act, which takes effect in stages, will require banks to apply payments to higher-rate balances first, limit rate increases and ban practices such as “universal default,” or raising rates based on a missed payment with another lender. Most of those rules are scheduled to begin Feb. 22; others such as limits on gift-card fees are set to start Aug. 22....

Posted: Oct. 27, 2009
Home loan trapped in bank's failure (click here)
Work halts on barrier-free house
BY GRETA GUESTFREE PRESS BUSINESS WRITER
When Richard and Caroline Rapp of Ray Township closed on their home construction loan in August, they felt certain they would soon realize their 14-year dream to live in a barrier-free home....
...Now the builder and I are on the hook for $65,000 and the house has just started," said Rapp, who can see the half-finished home from the rental house where he has lived since his 1995 Wave Runner accident. "The builder poured the basement, they got the lumber and roughed the house in. That was as far as they got."...

E-Trade has debt? They are extending credit to their subscribers? No. No. People will lose their homes if they are 'playing' with their assets. No. No. No. It is too easy to click and lose all the equity in one's home in about 60 seconds.

Oct. 27, 2009, 6:05 p.m. EDT
E-Trade reports $832 million quarterly loss (click here)
Excluding impact of debt exchange, results top analysts' estimates
...The results included a noncash charge for extinguishing debt because the company completed a $1.74 billion debt exchange during the third quarter. That knocked roughly $773 million, or 61 cents a share, off the results....


SBA loans are on the rebound (click here)
The number made in Southern California from April through September rises 50% from the previous six-month period.
By Cyndia Zwahlen
October 27, 2009
...Lenders made 2,000 local loans backed by the Small Business Administration from April through September, a 50% increase compared with 1,330 loans made in the first half of the government's fiscal year....

The elections are coming and al Qaeda and the Taliban hate freedom. They despise democracy.

They want control and plenty of it, no matter what measure they have to take. The Pakistani military has been exceptionally successful against the militants within their borders and now it is taking down the Taliban infrastructure that provides a platform for al Qaeda.

The people are either victim to their violence or they are victim to their oppression. Either we stand with the governments and provide a means to defeat their violent attacks while the people deliver themselves from oppression or the region will have Western figureheads bringing in monies that will be used against civilization.

There really isn't a choice, either the countries of Pakistan or Afghanistan are stabilized with 'legitimate' governments or they become dangerous countries with the capacity of nuclear armaments. If Europe is to have security the violence has to stop and stable governments and economies have to succeed.

The attack in Pakistan practically took place in the Frontier Region which is an interesting reality in the face of this tragedy. If the Taliban are 'trapped' and can only minimally enter the civilized areas of the country to carry out their violence, it speaks a great deal to the control the Pakistani military has been able to exert.

This was al Qaeda's ability.

I hate to make predictions, but, in Pakistan I believe the violent culture of the Taliban is coming under control. They haven't been able to stop the country's military. They don't have the ability, all they can do is act against the Geneva Conventions and kill unarmed civilians. I believe Pakistan will stop them, especially if they are able to harness the influence and power of the local militias to aid the military.

Car Bomb in Northwest Pakistan Kills 80 (click here)
By VOA News
28 October 2009
A car bomb in the main city in Pakistan's troubled northwest has killed at least 80 people and wounded some 100 others.
Witnesses said the afternoon explosion ripped through a crowded market in Peshawar Wednesday afternoon, killing mostly women.
Television images show rescue workers digging through gutted shops and battling fires as a cloud of gray smoke hangs over downtown. No group has claimed responsibility for the blast.
Peshawar is the most populous city in Pakistan's North West Frontier Province and a gateway to the country's lawless tribal areas, where security forces are battling Taliban militants.
The blast occurred a short time after U.S. Secretary of State Hillary Clinton arrived in the Pakistani capital, Islamabad, for three days of talks with senior officials....