money: Why You May Not Be Receiving More Referrals
- 08/07/09 01:04 PM
I am currently reading Jonathan Manske's great book titled "The Law of Attraction Made Simple". Now some of you may be thinking "hogwash!" over this book title or the main idea behind it. When I first started learning about this Law 2 years ago I was very skeptical too; but, I have come around and I have found a lot of value in this book. One of the principles of this Law is that in order to get what you want (whatever it is), you have to be able to receive it. Let me explain. For many years I have seriously downplayed … (0 comments)
money: It's Better To Have and Not Need, Then To Need and Not Have!
- 08/05/09 07:00 AM
Yesterday we learned that banks truly have the safety and peace of mind we crave when we have lots of equity in our homes or we make larger than necessary down payments. So, how can we turn the tables on the banks and regain safety and peace of mind for US? Here's the secret-Liquidity. Liquidity is a fancy economic term for money in the bank. Thousands of companies have gone out of business, not because they are not profitable; but because they ran out of money. For instance, in June 2007 First Magnus was named one of the 20 largest wholesale … (0 comments)
money: What Money Can Buy
- 11/09/08 01:13 PM
The final thing we can do to keep another Mortgage Mess from happening is by getting the money out of politics. As I documented earlier Fannie Mae and Freddie Mac doled out over $200 million to politicians or their favorite causes in hopes of buying votes. And each Dollar bought just enough votes to keep strong and effective reform from taking place at Fannie and Freddie. I am still astounded that reform did not happen after the accounting scandals at Freddie and Fannie in 2003 and 2004 respectively. Let's take a look at what we did here in Colorado earlier in … (3 comments)
money: Mortgage Mess Part 10--Exposed!
- 10/27/08 04:49 AM
In 1999 Treasury Secretary under President Clinton, Lawrence Summers "warned Congress in 1999 of the ‘systemic risks' posed by Fannie and Freddie, Congress held hearings the next year" according to Terry Jones of Investor's Business Daily. Nothing was done however. In 2000 the Mr. Summers' UnderSecretary Gary Gensler testified in front of Congress on the need for more power by the regulator, OFHEO, of Fannie and Freddie and to seek an end to the "implicit" guarantee of their loan portfolio. (source: Terry Jones 9/25/08 article) Mr. Gensler was rebuffed by Congress and nothing was done. President Bush entered the White House … (2 comments)
money: The Mortgage Mess Part 4
- 10/16/08 09:54 AM
Follow the Money The first two parties in this Mortgage Mess have been the Federal Reserve and Wall Street. Today, I want to cover the third party involved in this mess and it is my own industry, the mortgage lending industry. First and most importantly, many "leaders" of my industry have fought against the attempts to enforce ethics or licensing in my industry. They were seen as barriers to entry which were supposed to be bad. I have always considered them useful and very much needed. Personally, it's a bummer I have to take time off from work soon to take … (0 comments)
I am currently reading Jonathan Manske's great book titled "The Law of Attraction Made Simple". Now some of you may be thinking "hogwash!" over this book title or the main idea behind it. When I first started learning about this Law 2 years ago I was very skeptical too; but, I have come around and I have found a lot of value in this book. 
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