recession: Put Economy on "Black" for all the Marbles
- 12/13/10 07:18 AM
Feel like we are spinning our wheels? Is the economy like a yo yo? Should we just put it all on Black and hope for the best? Now, keep in mind, this post is a slight rant, will be based on my opinion based on knowledge and some research, and mostly to just make everyone aware on what is going on. Yes, this post will have a negative tone within, but we can turn that around, but it will need to be a collective group effort country wide.
Alert - I know some of you hate doom and gloom. This is not to be a negative post, but a awake up call and I will explain later why I make this statement.
Do many of you even know how the government or where the government spends our hard earned tax dollars? How Congress spends your money - Click here for some sad news & the 13 + Trillion dollar deficit
Pssssss - We are only 200 million dollars away to going to 14 trillion dollars in the hole. See the US National Debt Clock … (5 comments)
recession: Do you know where your MONEY is going? QE II - Quantitative Easing
- 11/16/10 03:18 PM
No, it's not Christmas time, but I guess the government feels like it's time to spend again. Do you have a spot in line for your handout? The economy is not growing quickly enough, so the economists and the Federal Reserve feel the need to spend more. Besides, there is good fear of deflation and the need for keeping prices higher. So what is Quantitative Easing? - Quantitative Easing from wikipedia - And we have been through this before. when the government spent an initial $600 billion in November of 2008. Four months later, the Fed added another 1.8 trillion. … (29 comments)
I know it's been all over the news since the 20th of September, that we are now out of a recession since June. But I am curious, where the hell have I been all of this time. Who is stating these facts? Did we just pull millions of dollars magically out of a hat? Let's look at several facts. -- We are going into an election period. So is this just 'feel good' talk to get one to think otherwise? -- The Homebuyers Tax Credit. In my opinion, that artificially stimulated the economy. But that helped some real estate … (53 comments)
recession: Why the uproar about mortgage programs & higher loan limits ???
- 01/29/08 07:13 AM
Loan limits are going up, loan limits are going up. First off, between the House, the Senate, and the President, they are still trying to finalize the figures so the President will sign off on the new bill. They are now recomposing such numbers to possibly include in the President's economic stimulus package. Why do you ask? Because by raising loan amounts, it will also in many ways, add more money to the economy. For any of you who aren't economic majors, it is to prevent a recession that we could possibly be facing. What I hate about the term recession … (10 comments)
I just want to educate people about mortgages and the process.
In regards to lending, I am very creative, intuitive, honest, and one who communicates information, may it be good or bad. I am a loan officer that looks out for your best interest.
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