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I have read many of your posts about the economics of this country and you are always accurate. I have personally used private investors for my mortgage and both parties involved are winning--I get my mortgage and the investor gets more than a stupid .005 on a CD the banks offer. The hell with "the system" ! WE THE PEO...more
IT'S ABOUT TIME THE TRUTH IS FINALLY GETTING OUT INTO MAINSTREAM AMERICA!!! Too bad the major news channels are on the wrong side of the economic ledger and continue to report what Washington wants us to hear and not the real truth!!!
Physics 101: THE TOP MUST ALWAYS BE SUPPORTED BY A BOTTOM FIRST. Ha, keep printing money Congress to cover you a$$es up there. Your day is coming and it WILL COLLASPE and you will fall harder and faster!!!
Banks were bailed out...Banks have more trillions...Americans get the tax bill!!! The great Middle Class who built the US into a manufacturing leader that at one time other countries envied has now been destroyed by the Ivory Tower of Washington, DC with all the past 20 years or more of POLICY MAKING THAT BENEFITS NOT ...more
A credit score should be a TOOL, not THE RULE for obtaining loans. Ha, someone with a 800 credit score and no job will get approved faster than a person with a 650 credit score and no debt or loans with a good paying job. USE ALL THE FACTS OR NONE AT ALL! Credit scores benefit the creditors, not the consumer. If anythi...more
Ha! The FICO scoring system is quick to penalize much deeper than reward!!! For example, have 1 late payment and see what happens to your score...have 40 on time payments and see what happens to your score. Sure, a late payment and an on time payment should not be a wash, BUT THE RATIO BETWEEN THE TWO IS WAY OUT OF LIN...more
Why can't this country figure out a way to build "factories of America" that pay well to support the flat sales at the malls? America was once the world leader in technology and manufacturing; now we are just like the Wal-mart greeter!
Unfortunately, A credit score has become THE RULE, not A TOOL, for credit worthiness! What happened 3 to 10 years ago is over. People do get jobs and have CURRENT INCOME TO PAY TODAY! That is what matters. But no, a computer score dictates what you can and cannot borrow based on OLD INFORMATION!...BOTTOM LINE...Credit ...more
ANOTHER ARTICLE FULL OF "B. S." THE INVENTORY IS DOWN BECAUSE MOST OF THE HOUSES THAT SOLD WERE GREATLY UNDERVALUED. THE PRICES HAVE NOT COME UP NEARLY ENOUGH FOR MOST PEOPLE WHO WANT TO SELL; BECAUSE OF THE CURRENT VALUE TO WHAT'S OWED ON THEIR HOUSE, CURRENT MARKET PRICES "DON'T ADD UP" SO TO SPEAK!
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