In less than a year, I'll turn 60. September 24, 2008. Mark it on your calendar so you don't forget to send a card. I try to keep up with the government. It's hard, but someone's got to do it.
If you're a "boomer," and you make your living in the Mortgage industry, strap on your helmet! Riding the wave of "mortgage fraud" that is all the rage right now, and under the guise of protecting us from financial scams, more than one lawmaker is getting ready to regulate us more thoroughly.
Here's an example from the website of Senator Wayne Allard from Colorado:
Protecting Seniors Financial Nest Egg
Over 75 million Americans will turn 60 years old over the next twenty years, or 10,000 people a day. (MJ note: Here's the heart of the issue for our Congress:) The impending retirement of the Baby Boomers will leave 91% of America's net worth controlled by seniors, making them targets for financial fraud and con games. It is our responsibility to ensure seniors have the proper tools and education to maintain their financial wellbeing throughout retirement. Scams targeting seniors can range from investment fraud, loan or mortgage fraud, prize and sweepstake fraud, and thefts by people seniors know and trust. Without appropriate guidance or financial education seniors could fall victim to any of these scams or numerous other con games... And so on.
America's net worth will be controlled by seniors! Oh My GAWD! I'll tell you what: I'm real comfortable protecting myself against finance scams.
How about doing something really valuable for Baby Boomers? Continue to fund programs at the University level around the country that create Nurses and Nursing Faculty! I'm getting older, and so are you, at a time when nurses are in short supply.
Today, October 22, 2007, at 5:30 p.m., the Senate will vote on an amendment by the same Senator from Colorado (#3369) to the Labor, Health and Human Services (L-HHS) Appropriations Bill (currently being debated in the Senate) that will cut funding for the HRSA Title VIII nursing programs.
As a Lender, and a licensed REALTOR in the State of Arizona, I give back to my community by serving on the Board of the University of Arizona's College of Nursing. Dean Marjorie Eisenberg tells me that we've received around $4M in HRSA funds for our programs over the past 4 years. This funding is critical for our graduate students, and for our Nursing Practice, PhD, and Doctor of Nursing Practice degree programs.
I'm not just plugging for Arizona. The other 49 states in the union have the same issue, and will suffer in the same way as our College of Nursing if these funds are cut.
So Lenders and Real Estate Agents of the Baby Boomer generation, take a little action. 10 minutes is all I ask.
EDIT: Message from Marjorie Isenberg, Dean, University of Arizona College of Nursing (10/23/07)
AMENDMENT DEFEATED!
Beginning at 5:30 p.m., the Senate voted on Amendment 3369 offered to the FY 2008 Senate Labor, Health and Human Services, and Education Appropriations Bill by Senator Wayne Allard (R-CO). I am happy to report that the amendment was overwhelmingly defeated!! The Senate voted 68 to 21 to table (kill) the amendment.
Thank you ALL! Marjorie A. Isenberg, DNSc, RN, FAAN Dean & Professor, College of Nursing University of Arizona, Tucson tel. (520) 626-6152 FAX (520) 626-2669 misenberg@arizona.edu;