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Middle Class and The New Banking System

By
Services for Real Estate Pros with Mortgage Accelerator 2008

We have this fantasy that all Americans go to college - get a degree and become "white collar "workers who make mega bucks. The reality is not everyone goes to college much less graduates. The reasons are multiple - no desire, lack of financing, different interests, and some people may not have the intellectual talent. These same American Citizens deserve the opportunity to make an honest living and retire. Our  philosophy and responsibility is to insure that they have that opportunity.

Mortgage Acceleration will level the playing field.

Let's look at how we got here before considering what happens next. I want to point out that before the 1980s, banks were conservatively managed private partnerships that were content to make a profit by borrowing money from customers' passbook savings accounts at relatively low rates and lending it out at out at higher rates.

Middle Class America used to know the people that worked in the bank.

Then, in a newly deregulated climate starting in the Reagan administration, banks merged, got much bigger and global, went public, leveraged up their balance sheets at more than twice the rate of their industrial counterparts and developed a multitrillion-dollar derivatives business from scratch.

No more personal relationship. Ethics were replaced by new earning targets. Personal service and sound advice were replaced by preditory lending and some mortgage brokers new porsche payment.

Now where do reguar people turn for advice they can rely on. How do they navigate in the blendered atmosphere we are left with today.

Mortgage Acceleration. The wave of web based software that assists homeowners will inevitably follow the same migration patterns that Australian and Great Britains homeowners have. 

My Product organizes, educates and promotes sound savings principles that Middle Class American truely need.

Mortgage Accelerator 2008

Ney sayers are welcome to discuss and even disagree.......

We welcome the challenge.

WWW.MORTGAGEACCELERATOR2008.COM

 

Comments(3)

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Brian Kurzawa
Mortgage Accelerator 2008 - Wildwood, MO

I'm your partner becuase you speak the truth Brother!

Keep the faith.....We can save the world!

Jul 27, 2008 03:14 PM
Tara Camp
Keller Williams Western Realty - Bellingham, WA

Kirk,

Is the Mortgage Accelerator similiar to the Money Merge Account?

Tara

Sep 02, 2008 04:26 PM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

We invite you back to ActiveRain in 2016!

     Much has changed since your last visit to ActiveRain.

      We encourage you to take a look at the "new" ActiveRain website!

Dec 06, 2016 06:20 PM