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well all i can say today is congratulation to barack obama for been president of the united state of america because the country needs changing and i no now that the change is coming.well done !shane from uk

i believe maccain should be president of the u.s.a. his experience and leadership are proper and fitting for america and the americans.

Great video. I like to know about the work of Dr. Walter Semkiw and his work on reincarnation.

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richard
<a href="http://www.widecircles.com">Link Building</a>

Great video. I like to know about the work of Dr. Walter Semkiw and his work on reincarnation.

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richard
<a href="http://www.widecircles.com">Link Building</a>

Even the video is taken out of context but at least it lets Walter put his point across so it's good overall whereas the article with Walter Semkiw is just appaling.

Great video clip! I'm a scientist, former university professor of psychiatry at Chicago Medical School, Rush School of Medicine and UCLA, researching scientifically reincarnation over more than 30 years, and wrote several books on this subject. See my website and its links: www.adrianfinkelstein.com! I know very well Dr. Walter Semkiw and his awesome scientific truly pioneering work on reincarnation and I endorse it. A.F.

Great video clip! I'm a scientist, former university professor of psychiatry at Chicago Medical School, Rush School of Medicine and UCLA, researching scientifically reincarnation over more than 30 years, and wrote several books on this subject. See my website and its links: www.adrianfinkelstein.com! I know very well Dr. Walter Semkiw and his awesome scientific truly pioneering work on reincarnation and I endorse it. A.F.

It's not much of a gamble to wager that you'll be screwed by your contractor.. It's a sure fire thing. It's just a matter of how much of a srewing you get.Time will tell....

Rules to live by:
Save up your money so you can pay for the work on your home without getting a loan.
Do not accept variable rate mortgages, they are a rip-off.
Be sure you have enough money in the bank to make your mortgage payment for at least a year in case you lose your job or some unexpected emergency arises.
Live within your means, do not run up large debts or try to own something you can barely afford.
Do not maintain revolving balances on your credit cards; you are wasting money paying interest.

Buying a home is a gamble. You are gambling that you will be able to pay that mortgage for 10, 15, 30 years, and you will have a steady income that entire time. That some unforeseen emergency, family, medical or other, does not arise to wipe out your savings or lose your job, etc.

Variable rate mortgages are a gamble. You are gambling that the rate will always be reasonable.

Getting a loan for home improvements is a gamble. You are gambling that you can pay the loan and you don???t get screwed.

Building your own home with loans is a gamble. Again, you are gambling that you don???t get screwed by your contractor.

If I got to Las Vegas to gamble and lose a bunch of money, should I go to the government to get paid back?

Rules to live by:
Save up your money so you can pay for the work on your home without getting a loan.
Do not accept variable rate mortgages, they are a rip-off.
Be sure you have enough money in the bank to make your mortgage payment for at least a year in case you lose your job or some unexpected emergency arises.
Live within your means, do not run up large debts or try to own something you can barely afford.
Do not maintain revolving balances on your credit cards; you are wasting money paying interest.

Buying a home is a gamble. You are gambling that you will be able to pay that mortgage for 10, 15, 30 years, and you will have a steady income that entire time. That some unforeseen emergency, family, medical or other, does not arise to wipe out your savings or lose your job, etc.

Variable rate mortgages are a gamble. You are gambling that the rate will always be reasonable.

Getting a loan for home improvements is a gamble. You are gambling that you can pay the loan and you don???t get screwed.

Building your own home with loans is a gamble. Again, you are gambling that you don???t get screwed by your contractor.

If I got to Las Vegas to gamble and lose a bunch of money, should I go to the government to get paid back?

I I saw an interesting comment by ljcapechick. In the past I had the opportunity to buy a fixer-upper. My credit was checked and the maximum I could afford was determined and I received a 30 year mortgage. After a while in the house I was able to get a second loan for foundation repairs, insulation,cosmetics .. It was determined that I could do the repairs if I met the time frames that the bids stated and the money would be released as the stage was completed and inspected. All was going well and I stood to be able to make $2000 for the labor I had done which would have given me six monthly payments as a cushion. Unfortuneately, the final payment was missing leaving me with an outstanding bill for materials and no labor payment. When I complained the bank said they sent the money back as not required by the homeowner. I later found that my agent and an insurance agent were doing this,causeing foreclosures, and then buying the fixed properties. Last year my son had a home built with a construction loan from one branch of a bank and as construction was finishing he attempted to redo the loan to pay off the balence of the construction loan to do some landscapeing and to market the property. The bank paid the contracter, he did not pay his workers- they put a lien on the property and the bank then refused to redo the new package until we had covered the banks mistake and repaid $85000 in workers pay that the contracter had not paid with the money the bank gave him to pay the workers. If you cannot trust your banker, who can you trust???

I bought a house in 2002. I got a screaming deal on a house. At the time we were presented with an adjustable rate mortgage. The lender explained that the interest rate would go down if the national interest rates went down, and would go up if national interest rates went up. National interest rates went down, the interest on our mortgage went up. We quickly refinanced in 2005 into a fixed loan. I can see how people were trapped though. Lenders had no ethics in trying to "sell people on their product".

The big problem now is that our economy has crashed. Two years ago my home was worth $275,000. Now it's worth $195,000. If I would have bought a house in 2006 with an adjustable rate mortgage and the interest rate went up (which, I've never heard of one going down) the home owner would NOT be able to refinance their home, as there wouldn't be adequate equity in the current home value to warrant a bank giving them the same size of loan that they initially had.

I'm NOT for "giving people money". I the government needs to step in and tell the banks and ajustors to suck it up and refinance these loans to affordable fixed rates regardless of current appraisal value. I think that's the best way out. A home is supposed to be a long term investment, and we all know that long term investments will eventually make money.

But that's just my thought on the subject.

I haven't read through this entire thread, but have read enough posts to ask two very simple questions... For those who lost their homes and it "wasn't my fault," help me understand why you accepted an adjustable rate mortgage and then got upset when the rate went up. How is that someone else's fault? I'm not rich and out-of-touch. I'm still living in my first home 10 years later, but I remember going through the mortgage process and never, ever would've dreamed of accepting anything but a fixed. So, if you didn't get it what you were signing up for, why is it the taxpayer's job to bail you out of a dumb decision?

And for those who did know what they were getting into but then lost jobs or had kids or had other changes of financial circumstances such that you could no longer pay your bills, again I ask, how is this possibly someone else's responsibility to bail you out of with their own hard-earned money? While the circumstances might not be your fault, they're not mine either, and it is YOUR responsibility, not mine or the government's (which = my money) to come up with a solution to your predicament.

I'm sorry if that sounds harsh to some people, but it seems like a lot of people feel that they are "owed" help, and when the government forces those who are not in a financial mess to help those who are, it pushes people like me closer to joining you in being broke--how is that possibly fair or sensible?

I doubt you'll lose your hat to "HItler" Freedom...but it's an interesting dynamic...

In a few weeks we will make a choice that will decide our future.
I follow an economist named Bob Proctor. He has called the top and bottom of every market crash since the 70s correctly.
Also, he perfectly predicted the current real estate market meltdown and the picture he paints about what will happen in the next couple years
is terrifying.He thinks it will be worse then the great depression.
The banks in the U.S. are going under one after the other. Countrywide ,Bear Stearns, Lehman Brothers and Merrill Lynch , Fanny and Freddy Mae ,AIG
The government took them over because they are essentially bankrupt. Even with the goverment nationalizing hundreds of billions of dollars in debt the stock market is crashing
the credit markets are frozen and all of us may suffer beyond anything in the last 80 years.
McCain just like Bush " doesn't understand the economy".
That not just my opinion its his own words. Not only does he not understand how to fix it but he does not understand exactly what is broken.
It is no surprise that he doesn't. The people that make up these securities use complex mathematical models very few people understand.
Bush and McCain both can take the credit for this mess since they helped deregulate the laws that were protecting us.
Bush's economic advisor Phil Graham wrote the deregulation bill that allowed banks to take huge risks with all of our future.
Now, Phil Graham is the head of McCain's economic policy.He is also McCain's choice for the next secretary of the treasury.
No one in this country can afford for that to happen. The last time Bush met with his economic advisors was in March. He didnt realize that anything was wrong. Phil Graham had the guts to say that we are in a mental recession after he helped create the worst economy meltdown in our lifetime. Check out this link to the truth http://my.barackobama.com/keatingvideo
It will take the best and brightest minds in the world to get us out of this nightmare. As bad as Bush has done, McCain would be
even more destructive because things are in much worse shape. The next president will not inherit a surplus like Bush did but a crashing economy and a 11,600,000,000,000 (trillion) dollars deficit. Most of it Bush created and it will take decades to pay it back.
If you do what you have always done then you will get what you have always got.
When it comes to policy Bush and McCain are the same 90 percent of the time.
So why are the polls even close then ?
Mccains team just said they no longer want to talk about the economy.Instead they would like to spend time talking about obama
which means running the biggest smear campaign in history.
They think they can just tell you lies and you wont be smart enough to see through it
Let's teach him we are smarter than that .
Elect Obama Biden 2008


Check out this video of sarah palins interview and ask your self if she understands what she is talking about.
http://www.youtube.com/watch?v=r36Xc0GG4iQ

In a few weeks we will make a choice that will decide our future.
I follow an economist named Bob Proctor. He has called the top and bottom of every market crash since the 70s correctly.
Also, he perfectly predicted the current real estate market meltdown and the picture he paints about what will happen in the next couple years
is terrifying.He thinks it will be worse then the great depression.
The banks in the U.S. are going under one after the other. Countrywide ,Bear Stearns, Lehman Brothers and Merrill Lynch , Fanny and Freddy Mae ,AIG
The government took them over because they are essentially bankrupt. Even with the goverment nationalizing hundreds of billions of dollars in debt the stock market is crashing
the credit markets are frozen and all of us may suffer beyond anything in the last 80 years.
McCain just like Bush " doesn't understand the economy".
That not just my opinion its his own words. Not only does he not understand how to fix it but he does not understand exactly what is broken.
It is no surprise that he doesn't. The people that make up these securities use complex mathematical models very few people understand.
Bush and McCain both can take the credit for this mess since they helped deregulate the laws that were protecting us.
Bush's economic advisor Phil Graham wrote the deregulation bill that allowed banks to take huge risks with all of our future.
Now, Phil Graham is the head of McCain's economic policy.He is also McCain's choice for the next secretary of the treasury.
No one in this country can afford for that to happen. The last time Bush met with his economic advisors was in March. He didnt realize that anything was wrong. Phil Graham had the guts to say that we are in a mental recession after he helped create the worst economy meltdown in our lifetime. Check out this link to the truth http://my.barackobama.com/keatingvideo
It will take the best and brightest minds in the world to get us out of this nightmare. As bad as Bush has done, McCain would be
even more destructive because things are in much worse shape. The next president will not inherit a surplus like Bush did but a crashing economy and a 11,600,000,000,000 (trillion) dollars deficit. Most of it Bush created and it will take decades to pay it back.
If you do what you have always done then you will get what you have always got.
When it comes to policy Bush and McCain are the same 90 percent of the time.
So why are the polls even close then ?
Mccains team just said they no longer want to talk about the economy.Instead they would like to spend time talking about obama
which means running the biggest smear campaign in history.
They think they can just tell you lies and you wont be smart enough to see through it
Let's teach him we are smarter than that .
Elect Obama Biden 2008


Check out this video of sarah palins interview and ask your self if she understands what she is talking about.
http://www.youtube.com/watch?v=r36Xc0GG4iQ

I disagree strongly with these two commentators - This is not blowing up in McCain's face - this is restoring John McCain's integrity. With crazed people it might be bad, but with decent, ethical people and thing John McCain just earned himself great respect (unfortunately not enough to undo the Palin choice - anyone who doesn't put a stop to the racist threats she incites doesn't deserve to be in our government)

Degugalation started in the Clinton years and so did the mortgage mess. I built a home in 1992 and was warned then about a new scheme that would cost me less to get in my house but advised not to take it. My mortgage man wanted to be able to sleep at night knowing he had not hurt his clients. Too bad there were not more of his type around. Democrats have been in control for nearly two years now and what have they done. Nothing a big ZERO. Whoever wins the Presidency will have a tough go of it. PS my vote is for McCain.