Bail Yourself Out

Borrowing money and where to borrow it from can be a touchy subject sometimes, but we, like a lot of people, have had to borrow before. Yes there are some places "won't name any names here" that we have borrowed from and it was a joke. They charged us way too much. With that said, there is a site www.cashloancity.com that drifts through the good and bad and finds the best for you. We trusted the site for a $200 loan the other day and I'm glad we did. We will be back when we need it.

Why not hAve the Govt to Help us all out:

1) Reduce permanently 10% of the federal and state work force - those left need work harder like most workers still working are forced to do,

2) Make all government employees INCLUDING senators, house of reps & the President /VP give up earning any more pension benefits (like most americans no longer have), INSTEAD give them a match of 50% on up 6% of their annual wage they contribute into a 403B plan - USE the TAX savings resulting from the dropping of new pension TO PROPERLY FUND SOCIAL SECURITY FOR THE TAXPES SINCE THATS 10 year from going BROKE

3) Have the FEDERAL government stop paying 80% for federal employee families health premium - drop it to 50%,

4) Increase the FEDERAL employee health insurance deductible to $1000 like most private employers now have,

5) make all senators and house of representatives serve NO MORE than 2 term limits - ends the power of long term senators, etc to force senators, etc to approve EARMARKS on bills alreday released from committee

6) Go to a flat tax Federal tax program so the IRS audits can stop (laying off 50% of that organizations tax payer supported staff)

7) after 1st child's birth to a single mom STOP paying for single mom's child birth , offer free sterilization - more than 1/2 the baby's being born in the US now being paid for by the government (TAXPAYERS in other words) and don't give these single mom's, who are abusing the free childbirth /single mom welfare system by having child after child out of wedlock, money to support more than 1 child

8) NO Social Security, Medicaid or Medicare benefits to ANYONE NOT A US CITIZEN even if their "citizen" child brings them into the US - as are all being done now for NON Citizens!

9) Give the President Line Item Veto rights

10) Give life in prison to ANY politician find guilty of any abuse of power or corruption while in office

11) OUR prisons - lower the taxes to care for the Prisoners - no more coffee or juice, let them drink water at ALL MEALS, feed them oatmeal/toast for breakfast, peanut butter/jelly sandwiches with crackers for lunch and inexpensive stew (easy to make and serve requiring less kitchen labor) And for medicines make them pay the FULL COST of medicine - why reduce their costs out of taxpayers pockets ? I didn't unjustly put them in prison THEY BROKE the law - suffer the CONSEQUENCES


STOP THE MADNESS


P.S. Anyone running on the above platform will WIN any FUTURE elections, so Go for IT you TRUE AMERICANS!

If record numbers of American are unemployed, then the Social Security trust fund will be collecting enough in taxes to finance the baby bommers' retirement. But watch this.......

Let's say that the economy recovers in late 2009 or 2010. Until the stock market recovers, millions of baby boomers will have to delay retirement plans and rebuild their investment portfolios.

How can that be anything but positive for the Social Security trust fund?

Had the stock market stayed so artifically inflated and people retired early, what would that have done to the Social Security trust fund? I know that almost on every cover of Money magazine there is a plan to retire at age 55, but how does a society make such a demographic shift happen without properly saving for it? Someone retires at age 55, and someone retires at age 62, those extra 7 years of contributions to the retirement fund are huge.

I don't think anybody had their eye on this dynamic, unless the plan was to open the borders to a flood of immigrants who were going to finance the Social Security trust fund.

In December 2007 I was $4,400.00 in debt. On January 15th 2009 I attained 0.00 debt on my Visa card. I simply chose that calender year 2008 I would treat getting out of debt like I was pursuing a hobby or working a second job. I sacrificed; made extra payments,even sat home on Friday nights to read versus go out to party. It worked. One year came and went and I realized how crazy my spending patterns had become. We need to reign in spending and be more realistic on buying habits.

gaurdedlyopimistic, Your plan sonds good at fist, but ask yourself the following, If every american is now a millionaire, would you be going to work? Most or all would not so who is going to create all the goods and services that are being created now? We would have to import every person in Mexico and many from China to run all the businesses currently in America. Think a bit harder. TRY www.fairtax.org if you want to see a new stimulus package.

I read your international issue of Newsweek on a regular basis and find that your coverage is usually well-balanced although too much emphasis is given to topics relating to the US. Issues relating to the Palestinians, Iran and in general to the Arab world are given lesser coverage. Generally your articles are fair and at times starkly to the point.

You might consider my views to be high-handed and not practical, but the best way for the US and the World to get out of the financial crisis is to replace tainted CEOs with CEOs of proven credibility and to refrain from extravagant bail-out packages. People instead should be given a freer hand in proving themselves by actual performance at work then merely by the governments being over protective. Performance is the most essential quality which can get the world out of the financial crisis, job losses and recession.

The government as usual is putting money in the wrong places. It tell us that the consumer spending is 80% of what drives our economy. So what do they do?? They give most of the money to industry. The money is going in "at the top' instead of at the bottom. The program will fail. Who will buy all the excess auto and the high ticket items that the bailout money will keep producing?? The average worker is to get $7 per paycheck in saved taxes and retired people on SS will get $250. Last year we received from $300-$1200 per family and it did nothing..not even a blip on the financial radar.
The government, as usual, has got it all wrong. People should have received an average of $15,000 per house hold tax free. Would have instantly stopped foreclosures, given people the money needed for daily survival. It is outrageous that many people now need donations of food packages in this country. Many are going homeless and tent cities are being erected. This was American, the land of plenty, but the lack of plain common sense and a good administration that acts FOR the people, not big business is needed. Let the banks and auto manufacturers fine bankruptcy as other Ma and Pa companies have been forced to do. Give us our own tax money in amounts that mean something and can do something. If not, this country will continue heading down the slope as the stock market with all our money!!!!

There is only one chance to head this off...and that is to recapitalize America! Not the banks, the people! The banks are in trouble because nobody knows the value of the underlying assets that they have leverage some 40 - 100 times... Well, let's fic that! Make them worth zero!!

Writeoff all debt! Mortgages, car loans ,school loans,business loams commercail loans, and especially credit card debt!! That will clear the books, and we can then recaptilze NEW banks Everyone and everything will benefit; all people with any tangible assets will have some net worth; all business with assets will also have networth; and the wealthy will lose a few zeros, but think of the energy released as they ramp up to get it all back!!

Andante just discovered the true identity of the one who asks "what's in your wallet". It's Capitol One. The people need to make usery a crime like it was prior to the 1970's.

That credit-card interest thing just got a lot more difficult for many. Many thousands of Capital One cardholders this week were notified that there interest rates were being jacked up by an average of 10 points - and these are NOT those with poor records, but those who made every payment on time for many years. I have never been late on a payment in 10 years - but my rate was just hiked from 14 to 22% interest. A wealthy friend of mine who was paying off her balance most of the time was hiked from 7% to 17%, again with a pristine payment history. You can go to this thread at a consumer action site and read the mountain of messages from JUST THIS WEEK ALONE. Americans who played by the rules are understandably outraged that a bank could do this WHILE taking our taxpayer funded handouts.
Web site with mountain of comments re Capital One loan-shark rate hikes just this week alone:
http://www.consumeraffairs.com/credit_cards/capital_one.htm

Worthless article. You fail to understand the common problem people are in and it isn't a $7.70 a week problem. Payments are jumping on credits and so are interest rates, some as much as 12% to a whopping 32% interest payment. Some of these rate increases are not due to missed payments or late payments, but the credit card company "analysis" of a customer's credit situation and then just jacking up the rates.

At the same time, ARMs are going up. While banks are receiving billions the consumer receives less than $500 for the year. It shouldn't be a stimulus plan, but a rescue plan just like the banking system. The fed needs to figure out how to get every American 15% more in every paycheck, let them write off credit card interest, and force the credit companies to stop increasing rates.

The one thing not talked about is the fact that when Wall Street invented the S.S. competition in the forms of 401K , IRA , Mutual Fund , Money Market Funds , and other holes to dump money , then followed up with cheap trades and day trading they got their hands on more money even the Carlye Group knows what to do with . If a bunch of fools get their hands on that much cash a lot of bad things are going to happen and did . Wall Street went to work inventing new ways to push this money around the whole world and get everybody involved . If our government takes over these banks we will be involved in a world wide mess that the rest of the world will surely be be blaming us for creating . Before we start pouring money in to this mess we should become money lenders which would open up our markets much faster than the way it is being done and we would be in control of the lending . When the crooks/Wall Street get their business up and running properly they could then take over our lending operations . Meanwhile the interest income from the loans would do a lot for our national debt . Especially from money Wall Street borrowed .

More like 'ripoffulus'.

Who has the money? The banks or the borrower,Why did the banks give it out so easy,now say its the borrower fault.If its the borrower fault why can't they get money now. Fees fees for the bank and let the Gov.t fix it . Saving and loan before..Securitie fraud,Breaches of fiduciary duty,corporate misconduct GIVE you the right to walk away from that toxic mortgage and start again.

Propagating this kind of behavior is what the problem has been all along. It is not an inherent trait in actual Americans, but the gobally driven hordes of foriegn investors, and "whatever you're low-life ethnicity is" Americans.
These disparities, have caused an ocean of rifts between honesty and greed. How much do forign investors get from the bailouts of company's they have a hand in? Now, financial manipulation can be yours! Join the crowd!
Don't be left out in the selling of America to you're own personal benefit! Get your's now! Ask me how!
Yeah, this is "shovel ready", and "change".

I've been reading from people who think that they are experts and telling us, poor people, how to suck it up and bear it. I for one is getting really sick of it. Why doesn't the government give out that money to who actually need it? Why not give the $770+ billion back to us. I heard smoeone mentioning this the other day... give middle class $20K. I guess you could pay off?? your credit card . Heck you might be even able to purchase a NEW CAR?
I'm not an expert and as you can tell not a great speeler either LOL.
Thank you for your time!

some lovely color on the spending bill:

http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=86827