United States House of Representatives Statement on HR 1424 October 3, 2008 Madame Speaker, only in Washington could a bill demonstrably worse than its predecessor be brought back for another vote and actually expect to gain votes. That this bailout was initially defeated was a welcome surprise, but the power-brokers in Washington and on Wall [...]
My credit score was in the "excellent" category the last time I checked it. I have a pretty decent credit history. No major loans or anything are on my credit report, but just major credit cards. I have 6 credit cards with a total combined credit limit of about k. The total charges on them [...]
To me, it isn’t To me, it is stressful. When you get sick, you don’t know if the health insurance will cover that… and you might have pay so much money. Gas price is too high. Risk losing house, be in debt (mortgage and college loan). Bossy Boss and stressful work. Bad children. Nagging wife [...]
Prior to becoming a state senator, Mr. Obama worked as a lawyer for ACORN. ACORN, to repay their debt falsified at least 33,000 ballots in Pennsylvania and Ohio to help get Obama elected. Exposed by the AP, no law suits were ever file, nor were any charges. Since his election, they were the ones (hired [...]
He sits there and says he is for the free market economy while he works hard to undermine it? Just like he said he would give Congress and the public the chance to check out bills, 2 weeks after passage he said so the public can look before he ever even signs it. Not true, [...]
United States House of Representatives Statement on HR 1424 October 3, 2008 Madame Speaker, only in Washington could a bill demonstrably worse than its predecessor be brought back for another vote and actually expect to gain votes. That this bailout was initially defeated was a welcome surprise, but the power-brokers in Washington and on Wall [...]
I’m looking to find out what banks would "typically" require for income for a mortgage. Also, if they would look at gross pay or net pay, what debts they look for to calculate it, and if they include home-owner’s insurance in the estimate of a monthly payment. Also, my wife and I have student loans, [...]
I don’t really get this statement: Excessive lending under loosened underwriting standards, which was a hallmark of the United States housing bubble, resulted in a very large number of sub prime mortgages. These high risk loans had been perceived to be mitigated by securitization. Rather than mitigating the risk, however, this strategy appears to have [...]
Two Examples: Example 1 ————————– In the 1970s & 80s many American labor unions (most notably UAW) tried to win a guarantee of wage increases that were immune to market fluctuations. Around that same time, Toyota and Honda plants offered profit sharing (i.e. wage increases that were tied to success and failure of business). The [...]