This bonds are being sold for pennies on the dollar that is what is going on. Some people are taking their losses. You don’t have to take them all at once but you can take some.

They also think there is an opportunity to buy mortgages at pennies on the dollar and hire someone service them. Probably does pay to to do that because no matter the ultimate endgame they win. They win if they get a mortgage payment out of you because they have bought the mortgage so cheap. They win if they foreclose because they got your house so cheap plus they still have whatever payment you managed to make before the foreclosure. They get to have their cake and eat it too.

Why oh why are we talking about Dodd frank toothless bill when we need to push to re instate Glass-Stegall. The investment banks should not have customer money to begin with. Period.

This worked very well for a very long time when paired with limits on the amount of leverage the banks can use.

Actual regulations that work please.

The filibuster is a disaster in part because the Dems have let the Rethugs get away with obstructing by filibuster. They have done this because they choose to, but it has been a choice. They would rather do nothing than call the Thugs on their obstruction.

Of course the reverse is not true when Thugs are in power.

Dem messaging is crappy.

I disagree as well. The lame duck period is of no consequence in the long run. The much greater problem we have in this country is the problem of unaccountable black box voting in which there is no way to ever verify the vote no matter how close it appears to have been. When we have many many states and many secretaries of state of various states refusing to count the ballots in the light of day or to even pay lip service to doing so, we have a huge problem.

The main problem is we don’t have any idea who is really elected in any given election in this country. That my friends is a travesty of epic proportions, particularly when it is corporations that count the ballots, not people or citizens.

Remember it is not those that vote that control election outcomes, it is who count the ballots. If the almost third world country of India can come up with an un-hackable voting system I think our country deserves at least as good. I don’t care if it takes until January 19th to count the ballots either. I do not need to know who won on election night. I need to know that the election is fair and the outcome that is certified is the true and correct outcome.

See the bradblog.com for ongoing coverage of this phenomenon.

Also see this organization: http://www.blackboxvoting.org/

All I have to say is Iran just captured one of our drones. If we think we are going to be the only ones with drones forever we are fooling ourselves. Imagine drones over US cities killing people indiscriminately without charge or trial. How would we react. This country is supposed to be our ally.

Executions of people without charge or trial must be stopped where ever they occur and whomever is doing the killing.

This practice is unamerican and it is beneath us.

Oh and add to that the baby boom generation retiring, if they are able or they are dying or downsizing. So that big bump in population and the corresponding housing demand is going with them. With the next generations debt burdens, who is going to absorb the supply created by the boomers let alone the supply created by the bubble?

Any articles about housing market recovery are a complete lie.

People also don’t buy when they are deep in debt as many are now from going to get their college degrees for in some cases hundreds of thousands of dollars.

I am glad you think your company does a good job. I hope it is so and agree that good business practices should make you money in the long run.

You really should read this blog and find out what your low life competition is doing to unsuspecting home owners:

msfraud.org

Many servicers are putting people in forclosure on purpose in order to strip equity and levy profitable fees.

Look for the now predatory student loan industry to do the same as they already have to my best friend.

It is called mortgage servicing fraud and it needs to be publicized. You sign on that dotted line and you don’t get to choose who services your mortgage. They can put you in foreclosure on purpose there are story after story on this blog:

http://msfraud.org/

I also believe based on anecdotal evidence from a good friend that student loan servicers are doing the same thing. For example arbitrarily changing the date that a payment is debited from the checking account. Coincidentally on a day 4 days early that would have a dual result of earning fees both for the mortgage servicer and the banking institution that the checking account is at. May be that the bank and student loan servicer are in cahoots. It is a win win for both. They both get fees they would otherwise not be entitled to. My dear friend is out a total of $1,800 dollars all because the student loan payment is debited 4 days early. ( she is obviously living paycheck to paycheck from three separate jobs.)

This bears further investigation. It certainly has given me pause with regard to purchasing a home. With MERS ownership is clouded, then the servicer has you over a barrel and the cost is so high that rent is 1/2 to 1/3 the cost of buying where I am. So why would I buy a house? And why would housing in this country ever recover?

We have certainly jumped the shark. Torture and rendition of a pregnant woman. Wow.

I am sick to my stomach.

Senior citizens bear the burden of student loans

http://www.washingtonpost.com/business/economy/senior-citizens-continue-to-bear-burden-of-student-loans/2012/04/01/gIQAs47lpS_story.html?hpid=z2

These loans are a drag on the whole economy. Lesson from the article is don’t let the loans go to forbearance unless absolutely necessary and don’t co-sign for your deadbeat kids and grandkids.

My loans went to forbearance after Katrina automatically without me asking. I got $700 of capitalized interest before I figured out what was going on and started paying again right away. Then paid double for a few months to finish it off. Shaved 5 years of my repayment schedule. Five years of paying interest on that $700.

DUH people are starving and losing their homes.

There is American’s Elect. If they get a candidate on the ballot I might just vote for him or her.

The Dems and the Republicans have lost their way. There are few sane people in either party. Neither party has enough sane people to prevent us from losing our civil liberties and spending all our treasure on war and bailouts for big corporations.

We are a corporatist country unless we take it back from these bozos. Neither of the two main parties are helping with this.

Please publicize this yet another transfer of wealth to the 1 percent. Outrageous.

http://www.businessinsider.com/uncle-sams-fire-sale-minimum-investment-1-billion-2012-2?utm_source=patrick.net

We have a winner. I don’t donate either though my mom died of breast cancer. The whole thing treatment and all was a giant scam. This website raises some great questions about breast cancer treatment. They also think it may be an iodine deficency. I think there is something to this since the flouride they put in our water and the bromine the put in our bread makes it so our body can not uptake and use iodine even if it is in the diet.

http://www.breastcancerchoices.org/

Check out the Flouride Action Network for the floride risks…scary stuff. Particularly the link between brain cancer in young boys.

http://www.fluoridealert.org/

I have eliminated flouride from my diet, meds, toilitries and am the better for it. There is lots of hidden floride like in wine, canned soup and other processed products.

Stay healthy guys!

Grand program? or grant program?

No. I think they really hate Ron Paul. If Paul wins Iowa. It doesn’t count.

http://www.rawstory.com/rs/2011/12/15/chris-wallace-iowa-wont-count-if-ron-paul-wins/