HUD scams?

So, you want to buy a house and you have a good credit score…

The idea of homeownership has long been one that many americans have all but given up on.

These days there are hundreds of thousands of homes on the market. 

 However there is a Catch 22 situation going on. 

Most of these foreclosed homes are really not bad deals if you can find a way to get through all the government red tape.

The biggest problem in purchasing a foreclosed HUD home is not your credit score its dealing with foolishness and ignorance.

Continue reading…


Taxes taxes

Could it be that easy, fundamentally changing the Tax system, and eliminating the reams of paperwork required every year, I suspect you might save a nation of trees, by doing this.  Yet, it seems as if the politicians do not want to do anything to change the way things are.

If you think about it I suspect they are quite comfortable with how things are, most of them are rich, in fact millionaires, and even perhaps some that are billionaires and billionaires-es, yet they seem to have this idea that banks are evil, (perhaps they are who knows for sure) but something remains very clear, the way things have been done in the past must change.

 



Imagine what might happen if the government decided to decide what was to be changed and what was not to be changed.


Credit Card Instant Approval

Is it really possible to get an instant approval any more?

Basically this is a computerized method where they take into account a mathematical formula, and if you just happen to meet the pre-configured criteria, then you might, accidentally get approved?  Perhaps, however there may be more to this story than meets the eye.

 

Credit card applications have for some time now, begun to provide clients with an instant approval feature. The person applying for a credit card would quickly know whether he or she is eligible for applying.

This process of instant approval is basically used online.

One of the things that you might want to be more aware of is how this process works.

* The credit card instant approval and the credit card application are two different processes. The approval of your credit card does not necessarily mean that your card would be delivered to you as soon as possible. It only means that you are qualified to apply for the credit card. The credit card application will be your next step once you have been given the green light by the bank.

* The instant approval of credit cards is made to target customers with good past credit records. Although because of the high credit market today, the banks are willing stretch their limits and offer this program to different kinds of people. This may depend on the bank youíre applying the credit card on.

* Majority of banks provide customers with a credit card application form online. These credit card companies make use of this program with secured connection software for your informationís protection.

* The information you need to give for your credit cardís instant approval include: your name, your current address, your social security number, and if there are previous address you may have over the years. This is the most common information asked on the instant approval feature of the banks.

* The main advantage of getting a speedy approval for your credit card applications is the elimination of the major trouble caused by guesswork on whether the company thinks that you deserve a card or not more instantaneously. Unlike the old-fashioned way when you have to visit a bank in person and ask if youíre qualified then knowing youíre not, this time it’s a lot more convenient.

* The approval of your credit card online would only take you a few minutes to know your evaluation. It would be your choice to continue your credit card application. And lastly, when you have been approved on your credit card application, don’t just go splurging thinking that instant approval also means instant money. Instant approval is more tantamount to instant debt. Think about it.


white house sues banks stock market crashes

They say for every action there is an equal and opposite re-action…

Make sense, sure, and why not, was it not one of the smartest men Albert Einstein, who developed that?

Sure and it makes sense, wall street does not like it when they are treated like dogs, you know its true yet, what they have done by projecting this type of negative energy is to effect the stock market in a bad way.

All the bad press, all the bad economic news, then we have a leader that gets up and blames everyone but himself for all his problems, sort of like being back in grade school again.

Seems like a bad movie, where the evil king threatens to destroy the good guys, classic sure, but this is real life, and when the president gets up in front of the American People and acts like an alleged bully, then you know what it means, the stock market allegedly will go badly wrong.

Then you have the unions, that are threatening like thugs on the street to allegedly kill people?

Really that is what you see as your America?

Is that the hope and the change?

Is that what you voted for in 2008?

Higher gas prices, higher food prices, higher priced everything, and no new jobs…

High unemployment?

This is what you wanted?

Does it feel right to you, after three years of this type of governing, when do the American people begin to see through all the lies of the biased media that refuses to report the news.

When will they realize that they cannot oppress the will of man?

When will they realize that they cannot control what they do not own?

When will they understand that the only way to lead is to follow the will of the people.

It would seem to be so easy, that anyone could figure it out, yet they seem to be in the dark about everything that matters, every time they think that they can make a difference they end up doing the exact opposite of what they say they want to do.

But is that really what they are trying to do at all?

Are they really not attempting to do what they cannot do?

How long will the people stand idly by while members of the biased media continue to lie to the public about everything that matters?


White House Sues Banks

In what could be the most alleged, “Bone headed” move in History, it is alleged, that the White House plans to sue several banks over the Freddie and Fannie Fiasco, which resulted in huge losses, for both Freddie and Fannie as well as the Public which bailed them out, then the banks were bailed out and they took much of that money, (allegedly) and paid out huge bonuses, under the cover of darkness, (allegedly)

So, watching what could be the beginning of a huge mess on Wall street, was it really the right thing to do for the American People?

Source…

By Brady Dennis, Steven Mufson and Zachary A. Goldfarb, Published: September 2

Federal regulators launched a broad legal assault on big banks Friday, claiming they sold nearly $200 billion in fraudulent mortgage investments to housing giants Fannie Mae and Freddie Mac that led to massive losses during the financial crisis.

The suits, brought by the Federal Housing Finance Agency, name 17 domestic and foreign banks as defendants. Among them: Bank of America, J.P. Morgan Chase, Goldman Sachs, Morgan Stanley, Citigroup and Deutsche Bank.

 

Is this Robin Hood Mentality the right thing?

Take from the rich and give to the unions?

Seems like a twisted cover story, but in reality what is going on in Washington?

When the stock market opens on the next business day what will the results be like?

Will the stock market, take a dive like no other time in the past two years?

What can we expect to see out of this unraveling story that appears to be doing everything wrong?

It is long been public knowledge that there was alleged pressure to place these high risk mortgages, over time that was a real problem, because there may have been some issues that created a problem that was not fixed in the traditional fashion, these risks were sold and profit was taken, yet, the public was not remunerated, just as in the bail out of the car companies and the unions, the public was not re-payed, only the unions were paid back (allegedly)

We may never know what really happened, but is this the right move, at the right time?

It would appear that we have what amounts to some kind of odd situation where you see some kind of strange movie like the “twilight zone” where something always seems to be a little off, a little out of the ordinary, you just have to wonder what is going on, how can America recover from this evil that we have seen developing for the last few months, mistake after mistake has been made but the only man that is a free man is one that can learn from his mistakes, will we all pay the ultimate price for the odd behavior of a hand full of “strange” people.

 


hope and change

So how is that hope and change working out for you, with foreclosures at an all time high in fact so many foreclosures are now in process, that many banks have gone out of business, because they allegeldy could not keep up with all the paperwork, amazing I know but I wonder how this young lady feels about her gas tank now?


Steve Forbes attacks Social Security?

IN a fox news story, this morning Steve Forbes seems to be making an argument that those that are sick and disabled do not deserve to have benefits paid out from social security when they paid into the system and paid for the insurance, so what is going on with this type of mentality, well it is easy to say lets cut off the old people and lets cut off the terminally ill people with cancer, and terminal diseases and lets cut off anyone from social security. . .

It is easy to say that when you are a multi Millionaire.

It is easy to say let them eat cake when your eating steak…

So Mr Forbes, what do you way to people who have paid for the benefits they receive?

Eat Cake?

That is typical, they own stock in banks that were bailed out by wall street, and when times get tough they want to take away the benfits of those people who paid for the insurance they receive, typical millionaire disconnection.

The really sad thing here is that fox news did not do anything to show the other side of the story.

As the youth are saying now days, Epic Fail.

Fox news once again shows that they are not really fair and balanced at all, allegedly.

Considering that Washington spend an estimated 4 trillion dollars over the last three years, it is really insulting to watch a millionaire sit there and tell seniors and the terminally ill, that they are somehow undeserving of the benefits they get.

Just Amazing, this is why President Obama may be re-elected to the office of the President, simply as a check and balance against the Rich that would tell the poor to eat cake.

Let them eat Cake, sounds like a movie I once watched, seems like it did not end well for those people that were so out of touch with reality that they forgot that they are not Gods nor are they even like normal people at all.

I imagine that Forbes has never even filled the gas tank of a vehicle he has ridden in before.


Media Bias, Media Ignorance?

Is the media being fair in its coverage of this news story?

Many people would like the answer to that question because it appears that they are making a lot out of nothing, is there really nothing else on to talk about?

Is the media becoming the new threat to the American Dream?

This headline, from Yahoo is a good example of a dubious use of fear in an article.  Notice how they say it is unprecedented debt default, but did not Greece do the same thing not so long ago, so is it really unprecedented?  Just curious what the media might be up to with its use of language, are they trying to force something to happen?

WASHINGTON (Reuters) – Congressional leaders rushed to line up Republican and Democratic votes on Monday for a White House-backed deal to raise the U.S. borrowing limit and avert an unprecedented debt default.

 

They say that were in a crisis, that things are really bad, that the sky is falling do you really believe those bafoons, (allegedly)

You have to wonder just what is going on inside their heads, (if you could stand it that is)

Is the media trying to produce a run on the banks?

Are they trying to influence the stock market, (is that legal)

What is the objective of the news when they seem to be trying to influence political events with news coverage?


The Blame Game

Who is at fault or how can we fix it, which type of American are you?

Is this a blame thing, should we be trying to blame someone else?

A lot of people wonder what is going to happen next.

So what are we going to do, is bush to blame for this too?

Who should we blame, next?

Politics, Politics, Politics,

Is this what it is all about, can we not be Americans some day?

One thing is for sure, Washington has failed to do the right thing, they said they would veto it, so that is the bottom line, unemployment is up, growth is down, the democrats have no plan.

So what will the president do now, (nothing but blame everyone else?)

You just dont know what to expect with this president, because it is like watching a school yard bully push around his mates, that seems a little strange, to us, but hey you never know what might happen, one thing for sure, if he were to come out and say you know what lets pass a new bill lets call it Cut Cap Ballance, and Tax, and then we can get this economy moving in the right direction.

I will not be holding my breath here…

What will likely happen is that the President will come out and blame everyone else for what he should be taking adult action on, as the media keeps saying that he is the only adult in the room I hope he does the right thing and takes the blame, because this is his deal all the way to the banks and Fannie and Freddie.