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Should the government bail out automakers, too? - Atlanta Journal Constitution
About five seconds after the $700-billion financial bailout passed, politicians asked about saving automakers, too. And then there were the “underwater” mortgage-holders. And really, would it be fair to let Circuit City die? The “where-does-it ...

Mark Steyn: 'Center-right' America lurches further left - Orange County Register
What's that? Oh, don't mind me. I'm just trying out slogans for the 2012 campaign and seeing which one would get the biggest laughs. My Republican friends are now saying, oh, not to worry, look at the exit polls, this is still a "center-right ...

On Government Bailouts, Wall Street Wins Again - The Washington Independent.com
Well, let’s see. Detroit does a lousy job of managing the auto business and comes to Washington for a bailout. The government sends top executives home empty-handed. Lawmakers say later they might consider some sort of lifeline, under some pretty ...

Friedman: Put 'Government Master' In Charge of Automakers - News Busters
It's not like Barack Obama is a socialist or anything. It's just that Thomas Friedman wants him to put a "government master" in charge of the country's biggest manufacturing sector. Friedman made his modest proposal in his New York Times column of ...

How Politics Trumped Governance - Huffingtonpost.com
So, how did we get a war inside the Republican party that may leave the economy in shambles? Look to the end of last week, when McCain made his odd Washington cameo. First, a bit of subtext: the legacy of the Bush years is how politics trumped ...

As it happened: Pre-Budget report - BBC News
1825 On that note, it is time to end our live text coverage of what looks to be a momentous day for the UK, both politically and economically. Please join us again for prime minister's questions on Wednesday, when Gordon Brown and David Cameron look ...

Tory party conference: David Cameron's speech in Birmingham in full - Daily Telegraph
Today the financial crisis means that all eyes are on the economy and the financial markets and that is absolutely right. As I said yesterday, on this issue, we must put aside our differences and work together with the government in the short-term to ...

Proposals for financial reform we can believe in - The Australian
TWO weeks ago, Reserve Bank governor Glenn Stevens hinted at how fundamental the changes could be that flow from the financial meltdown. "Perhaps the finance sector globally will return to fulfilling something more like its historical role of being ...

Cameron has taken his biggest risk yet - Evening Standard
LOOK on the bright side: at least the politics of the financial crisis aren't going to be boring. Tired of the blur in the centre ground? Want more clear blue water between the parties? We've got an oceanful now that the Conservatives have ditched ...

Nick Robinson's Newslog - bbc
So, everyone appears to agree. The recession's going to be much worse than originally feared. Borrowing's high and going to get much higher. There is, therefore, no money to spend. So, now's the time to spend money on cutting taxes making sure that ...

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Today's Mortgage Terms starting with O

  • Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.
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