Obama Refinance Plan - Has It Helped You? »
Posted By ChangeToday 4 months, 4 weeks ago in News
The Obama Refinance Plan has been in place since March and is aimed at helping every American to get access to historically low mortgage rates. Our President was elected on the platform of “ Change” and that is exactly what he has done. Never before has a president desired to give EVERY American the opportunities that they have today. With mortgage rates under 5% for much of the year, home owners can save a great deal of money by refinancing at these low mortgage rates.
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ChangeToday
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calitennfloComment removed: Spam
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libsRfunnyComment removed: Hard Banned2 Replies
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MisterX4 months, 3 weeks ago
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Gotta study the cash flow. If more money is leaving the country than entering, then there is an issue. It reminds me of an old Beavis and Butthead episode where they go to sell candy bars for their school. they end up selling candy bars to each other for the same dollar they got from the one candy bar they sold to somebody else. In the end, they ate all the candy bars, and they had only one dollar to show for it.
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paulik4 months, 3 weeks ago
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JEBUS084 months, 3 weeks ago
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i guess that all depends on which state you live in - here in wisconsin a landlord got his name splashed all over the TV when he was going to make the fiance of a murdered victim(she was killed in the unit) continue out his lease - the tenant even offered to rent another property of the landlord - the boyfriend luckily was able to move out once the TV got a hold of the story
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if you are a renter, but would like to buy there is that $8000.00 credit, i believe it even applies if you havent owned a home in three or more years
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edrod384 months, 3 weeks ago
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His policies have helped the ****heads that created the whole problem in the first place. Wall Street, AIG, The Auto Industry and the Unions just to mention a few. I didn't know that ACORN and Hamas were part of our economy. So far the people that are going to have to pay this Trillion Dollar Bill have gottten $250.00 and a good screwing.What amazes me is that all the idiots are happy it's happening to them. If it was a RepublicanPresident doing this all hell would break loose.
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FrankHummel4 months, 3 weeks ago
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Whether "cap and trade" does or not actually result in general price increases tantamount to a "tax increase" for "We the People" DEPENDS ON WHETHER "OUR" BUSINESS LEADERSHIP DOES OR DOES NOT ACTUALLY DO ITS JOB WISELY AND PROPERLY.
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The whole object here is to FORCE fundamental, meaningful CHANGE in the entire methodology of producing products, and in patterns of consumption. If the changeover to less polluting / greenhouse-gasifying means of production are EMBRACED and ADOPTED RESPONSIBLY, overall costs of things will ultimately go DOWN, not up.
For instance, as the great paradigm change now forthcoming in AUTOMOTIVE architecture unfolds --- with the ELECTRIC / I.C.E. "CHIMERA" concept exemplified by the Chevy VOLT gradually simply ELIMINATING a huge fraction all the GASOLINE used to power “our” automobiles, the costs of operating, and also of building, cars will substantially DIMINISH!
The freakonomics are as follows:
Statistics show fully 75% of all automobile usage is “short haul” runs that would “fit” within the 40-mile “power budget” of the VOLT’s battery --- SO MOST OF THE TIME THE INTERNAL COMBUSTION ENGINE WILL NEVER OPERATE! Ici voila!: THREE-FOURTHS of all that petroleum importation and consumption just to power “our“ automobiles simply, straightforwardly ELIMINATED --- PERIOD, EXCLAMATION POINT!
The battery would be charged from the power grid, or (better yet, eventually) YOUR OWN PHOTOVOLTAIC ARRAY or WIND-POWERED-GENERATOR low-voltage auxiliary system, when the vehicle is not in use. (Using electrical power in such a way could render it PRACTICAL to OPPORTUNISTICALLY harness the abundant but intermittent / highly variable FREE energy that perpetually rains down on us DIRECTLY FROM THE SUN --- which “we” traditionally WASTE! For the car battery DOESN’T REALLY NEED the solidity and regularity of “the grid” --- it simply DOESN’T “CARE” if it is charged intermittently or at a variable rate, as long as it ultimately gets charged up!) Or absent such FREE power, about 80 cents worth of "grid" power would “fill the tank”. Eight such charges, or $6.40 worth, would carry the car for 320 miles --- about the equivalent of a tank of gasoline THAT COSTS ABOUT FOUR TIMES AS MUCH! Beyond that, fuel consumption would depend on how the car is used --- but for ORDINARY usage the internal combustion engine WOULD BE AT MOST ONLY MINIMALLY ACTIVE! -
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FrankHummel4 months, 3 weeks ago
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Moreover, one simply DISPENSES WITH the whole elaborate, troublesome, expensive TRANSMISSION and DRIVE TRAIN (!) --- utilizing simple, relatively UNbreakable MAGNETIC-force (rather than complex, fallible mechanical) drive elements. (There is NO transmission on a Diesel Electric locomotive! We could not BEGIN to engineer a sufficiently heavy-duty FRICTION-based CLUTCH to harness a large internal combustion engine --- which by its fundamental nature CANNOT operate all the way down to ZERO RPM as an ELECTRIC motor can --- to start a really HEAVY load moving! THAT is why the whole ELECTRIC-drive paradigm was developed for really HEAVY loads in the first place.) So think too now of all the savings, once the same concepts are adapted and applied, in both the BUILDING and the MAINTAINENANCE of automobiles! (One could WELL AFFORD to replace the batteries a time or two over the life of the vehicle, if necessary, given the offsetting cost savings involved in NOT HAVING A TRANSMISSION to contend with!)
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I submit that if “cap and trade” helps to DRIVE the whole system in such a direction as THAT, then IT WILL PROVE TO BE A HUGE BARGAIN! -
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FrankHummel4 months, 3 weeks ago
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And as for jobs "flying out the door to China" --- well, that IS possible, unless "we" OURSELVES get BUSY advancing and building the new technology OURSELVES and SELLING IT TO THE REST OF THE WORLD!
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Whether "we" HOLD OUR OWN or not will depend on US --- not on THEM!
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BB644 months, 3 weeks ago
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Of course not. I pay my bills on time and don't have thousands in credit cards. My home was paid off in 10 years. The Obama program doesn't help the responsible.
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As far as spending, he's mortgaged our great grand children and added to their tax burdens and for what? A bunch of UAW jobs. With the CAP & TRADE, which is a huge energy tax you've ended most of those jobs anyway. There will be fees on all aspects of life. From the farmers raising animals to the breweries to the foundries to the paper mills. We will see huge jumps in their expenses so that means the consumer will be paying for it. From being the number one economy in the world, we will become a 3rd world nation, taxed to death by a socialist leader. Now what did Jefferson recommend every few years.....-
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JEBUS084 months, 3 weeks ago
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me and my wife have been responsible - and if bank of america gets their head out of their arse we will have dropped our interest rate 2 percent (6.25 down to 4.25) through the MHA loan
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i do agree there is some major flaws with that program though - but for people like me and my wife it will be very beneficial, there is also the $8000.00 home purchase credit
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clockworktofu4 months, 3 weeks ago
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I work in the photovoltaics business (that's solar technology for anyone unaware) and I have to say, since Obama has been in the White House, we've seen a steady improvement in our company.
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In the last quarter of 2008, our company was right on the very edge of going bankrupt. Layoffs were rampant, wages were being cut, customers were backing out of contracts because they couldn't pay for what they ordered us to build, the work we had was few and far between, and our stock was down to literally pennies per share.
However, with Obama's plans, other companies are finding the funding to start purchasing our product for their projects again. Investors are starting to come back, our stocks are rising again, we have more paying customers, we're hiring back a lot of our lost staff, and in about a week, I'll have my wages restored back to normal (that's a 15% increase from what I'm currently paid.)
I don't think Obama's plans are fool-proof, nor is he a perfect president, either. However, I feel like, in this case, I can say he's been a help to my field of business in particular. I'm sure many other companies specializing in renewable energy research and development are probably feeling the same way.-
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BB644 months, 3 weeks ago
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Have you guys come up with a viable method for extracting and reclaiming metals from scrap CIS photovoltaic cells and associated photovoltaic manufacturing waste? You have cadmium, selenium, and indium, along with the glass, plastic, copper, and zinc. While it may be in low form, some parts are hazardous waste and must be treated as such.
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As for solar or wind, my company works well with the commercial side and it's very profitable however, I still think of it as a rip off when you take into account the costs verses the actual benefits.
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Ratskii4 months, 3 weeks ago
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I would say that it is beginning to help me somewhat. I was laid off and it is giving me some help on my mortgage payments while I get back up on my feet. In my community we are also seeing some rebound in housing prices. If that continues, I may be able to sell and break even.
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Ron Reagen reversed the energy independence programs of Jimmy Carter. I don't know whether Obama's energy initiatives will be successful, but I applaud him for trying to bring American into the 21st century energy wise. -
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