Barron's Is Way Off Base Regarding Mark to Market [View article]
What is wrong for a bank to hold a mortgage to maturity? Example----- When a mortgage payment is paid, the bank can then reloan the payment and repeat the process 11 more times in that year. On a thirty year mortgage, the first payment is over 90% interest. Do the math. That was the way it used to be done sucessfully. But, of course, this is too simple for today's times.
U.S. Unemployment - Is It Really So Bad? [View article]
We're not going to return to national profitablity and produce income for the American wage earner until we return to actually producing something. Not just services and technology. STOP outsoucing. Move manufactoring back home. And support American made products FIRST! Did you know that Hershey recently built a new plant in Mexico and laid off 2000 American employees? How does that fix our economy?
We lost a HUGE amount of jobs by our government giving tax breaks and other incentives to manufacturers to move their operations out of the US. By the people and for the people? I don't think so!
The Problem with Government's Stimulus Spending [View article]
How we love to complicate everything. Put the american public back to work at a living wage. 4 million more taxpayers! Buying more products! creating even more jobs! getting off of public financial rolls! Just totalling those numbers up(tax $) takes care of the national debt. BRING THOSE JOBS BACK HOME!!!!!
Executives Fear Infrastructure Investment Will Be Inadequate [View article]
Said it before, will say it again! ONLY one way to get the US financials back in order is to----- Put US people back to work with a living wage. four million workers paying income taxes, buying, producing, building, consuming, saving, investing, releiving perc funds, and their by product puts more back to work.. Ross Perot warned us several years ago. RE.-- "the big sucking sound
What Happened to Objectivity and Integrity? [View article]
Gary Thank you for a wonderful artical. But, don't put down the "simplistic view". Am sure you've heard of "kiss". Keep it simple -------! Every project or idea started with simplistic view. Then allowed to grow. Back in my day, "way-way back" I inquired of my supervisor, How do you keep track of such a large project? His answer,, "Son, A big job is nothing but a bunch of little jobs". Simplistic view--- How to eat an Elephant. One bite at a time
A bank keeping a 4.5% mortgage for 30 years is a bad deal? Don't think so! Example--- The first mortgage payment back to the bank over 90% interest and less then 10% off the principle. That payment in total, can be re loaned eleven more times. 4.5 times = 50. Thats not too shabby. But I'm not a banker.
IEA Outlines Actions to Cut GHG Emissions by 20% per Year [View article]
Yes! The greenies want me to cut down my shade trees and install $20,000 worth of solar panels, batterys, and ele. conversion gear. While my AC bill triples.
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Latest | Highest ratedBe It Resolved: The Days of $500k Economists Are Over [View article]
Ecomomists and pro. baseball players!
Barron's Is Way Off Base Regarding Mark to Market [View article]
Example----- When a mortgage payment is paid, the bank can then reloan the payment and repeat the process 11 more times in that year. On a thirty year mortgage, the first payment is over 90% interest. Do the math. That was the way it used to be done sucessfully. But, of course, this is too simple for today's times.
U.S. Unemployment - Is It Really So Bad? [View article]
Not just services and technology.
STOP outsoucing. Move manufactoring back home. And support American made products FIRST! Did you know that Hershey recently built a new plant in Mexico and laid off 2000 American employees? How does that fix our economy?
Protectionism by Any Other Name [View article]
By the people and for the people? I don't think so!
The Problem with Government's Stimulus Spending [View article]
Put the american public back to work at a living wage. 4 million more taxpayers! Buying more products! creating even more jobs! getting off of public financial rolls! Just totalling those numbers up(tax $) takes care of the national debt. BRING THOSE JOBS BACK HOME!!!!!
Banks Appear Set to Fall Like a House of Cards [View article]
Local independant banks are prospering and loaning.
What Does Obama's Cabinet Have in Store for Alternative Energy? [View article]
Plant more trees!
Executives Fear Infrastructure Investment Will Be Inadequate [View article]
four million workers paying income taxes, buying, producing, building, consuming, saving, investing, releiving perc funds, and their by product puts more back to work.. Ross Perot warned us several years ago.
RE.-- "the big sucking sound
Alternative Energy Industry Outlook [View article]
Too simple, too easy! We have to complicate everything.
What Happened to Objectivity and Integrity? [View article]
Thank you for a wonderful artical. But, don't put down the "simplistic view".
Am sure you've heard of "kiss". Keep it simple -------!
Every project or idea started with simplistic view. Then allowed to grow.
Back in my day, "way-way back" I inquired of my supervisor, How do you keep track of such a large project? His answer,, "Son, A big job is nothing but a bunch of little jobs".
Simplistic view--- How to eat an Elephant. One bite at a time
Economy Might Take Its Time Getting to Full-Employment Equilibrium [View article]
Against Lower Mortgage Rates [View article]
Don't think so!
Example--- The first mortgage payment back to the bank over 90% interest and less then 10% off the principle. That payment in total, can be re loaned eleven more times. 4.5 times = 50. Thats not too shabby.
But I'm not a banker.
Four Opinions on OTC Derivatives [View article]
IEA Outlines Actions to Cut GHG Emissions by 20% per Year [View article]
While my AC bill triples.
Wall Street Breakfast: Must-Know News [View article]
Bring their foreign country manufactoring and outsourcing back to the USA.