Archive | May, 2012

Good Morning Fellow Americans

21 May

  Once again I feel the need to postpone the details of my plan to save America in order to comment about another ridiculous affront to common sense perpetrated by our sensation seeking media.  I’m talking about the unfortunate death of Trayvon Martin during a conflict with George Zimmerman. 

  • If it weren’t for the racial aspect, this would just be a minor local news item.
  • The local police investigated and called it a “justified” shooting.
  • President Obama got involved in it but has wisely made no additional comment since.
  • The media got involved, judged Zimmerman, and found him guilty.  Nancy (fallen from) Grace, who did her very best to convict Casey Anthony, took up the cause to convict him.
  • Fueled by inflamatory statements by Al Sharpton and Jesse Jackson, black leaders threatened race riots if no further action was taken.  Martin’s family issued statements praising him as a good person undeserving of his death.  The media posted pictures of him at an early age looking angelic and innocent and public opinion was one of outrage
  • Fearing violent and extensive race riots across the country, A CONSPIRACY WAS HATCHED TO CUT THEM OFF BEFORE THEY STARTED.  A special prosecutor was named to promptly charge George Simmerman with SECOND DEGREE MURDER, a charge they KNEW would NEVER bring a conviction, instead of a more sensible manslaughter charge that might possibly stick.  This OVER THE TOP charge mas made to assuage the inflamed black community and make Al Sharpton and Jesse Jackson shut up while insuring that George Zimmerman would be acquitted.  Of course, they knew an acquittal might still produce riots but felt that after going through the motions to try to put George Zimmerman away, the majority of blacks would have been satisfied that a good faith effort had been made and that riots, if any, would be small and of short duration.
  • Then the media blitz began, with the day by day leaking of pertinent evidence showing Zimmerman’s injuries from the confrontation, “witnesses” stepping forward that claim to have seen Martin on top of Zimmerman pummeling him, etc., a pure case of getting off the conviction bandwagon now that it wasn’t looking so good.
  • Either way, this has been a financial BONANZA for the media while at the same time, the black community has been deceived and manipulated.

        WHAT A GREAT WAY TO SET CIVIL RIGHTS  AND BROTHERHOOD BACK 50 YEARS!

Old Fashioned American 

   

 

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Aside

Good Morning Fe…

19 May

Good Morning Fellow Americans:

      I’ll deviate today from following up the revealing of my plan to save America so I can comment on something that continues to offend me.  I’m talking about so called, “celebrities.”  Our television screens are clogged with so many of these “beautiful people” who apparently DON’T DO ANYTHING THAT IS REMOTELY PRODUCTIVE  but whose antics, romances and intimate details are paraded before our adoring teen age children to create a way for them to make $ MILLIONS for just existing while setting a new low standard of behavior for our children to live down to.  It’s a lot like the decadence that destroyed Rome and its empire.  Whatever happened to morality, modesty, humility, shame and the good old fashioned work ethic?  Now over the years there have been many “celebrities” who were actually talented and entertaining movie stars and athletes with a strong sense of duty to society and our country.  I salute all of them but today’s crop falls dismally short of what it takes to be a real “star.”  Their main talent seems to be the exaggerated use of four letter words and “accidentally” exposing their private parts with the intention of titilating their young fans.  Now I’m not and have never been a prude but enough is enough.  It’s time for us as parents to protect our children from all this materialistic junk by an entire family boycott of all products and commercial ventures promoting these deviates and their actions.  When they can no longer make obscene amounts of money for NOTHING, hopefully they will fade back into the woodwork and rocks they crawled out from under.

Old Fashioned American

 

 

 

   

     

Aside

Good Morning Fe…

9 May

Good Morning Fellow Americans,

     Today we’re going to start solving America’s problems.  Let’s start with the big one.  Today millions of Americans are confronted with the dilemma of what to do about their home.  Either they are losing it to foreclosure by the greedy banks or they are so far behind in payments and/or have such negative equity and accumulated related credit problems through no fault of their own that they are seriously worried they will be in foreclosure soon.  Many have taken a proactive approach and are attempting to get the bank to work with them on a modification of their existing home loan to a more affordable payment level, only to run in to a brick wall because the greedy banks are more interested in taking their home, along with their hopes and dreams, rather than contributing a few bucks to help their customers.  Then there the few fortunate ones who are current on their mortgage and still have good credit but are looking at their recent drop in home value from a great asset to a huge albatross weighing them down with a big monthly payment all out of proportion to the home’s current value and seriously weighing the option of just walking away from it because they feel they’ll never regain the equity position they once enjoyed.  This is a HUGE problem, compounded by our government’s inability to do anything concrete to regulate the actions of the greedy banks, but instead to pat them on the head and say, “nice, nice doggie, here’s a few hundred billion dollars for you, just don’t bite me.”  As a bone to throw to the masses, our government has set up program after program for the purpose of modifying their home loans, all of which HAVE FAILED because they rely on the greedy BANK’S COOPERATION.  No politician from either major political party has the will to buck the banks in a really meaningful way.  Now here is the mandate we must impose on them:

TO ALL BANKS:

      WE ARE GOING TO PAY OFF ALL THE HOME LOANS YOU HAVE IN YOUR PORTFOLIO AT  A     DISCOUNT OF 5%, WHICH YOU WILL ACCEPT OR LOSE YOUR CHARTER.  THE MAXIMUM PAYOFF IS $500,000.  IF THE LOAN IS LARGER THAN THAT, WE WILL NEGOTIATE AN IMPOSED PAYOFF WITH YOU.  (The funds will come from the Federal Reserve Bank as a loan to a new National Federal Mortgage Association, NFMA, set up similarly to the USPS as an independently run, government owned entity.  The loan will be for the total of outstanding mortgages in this country, $15 Trillion less the 5% discount for a net of $14 Trillion, $250 Million @ the same interest rate we are paying on our national debt, currently about 1.5%.  The Federal Reserve Bank has the power to just print the money.  Now normally that would cause some inflationary trend but as you will see when we get into the fine details, that won’t be a factor in this case.)

TO ALL HOMEOWNERS:

     We have paid off your home loan with ___ Bank.  We will be issuing a new home loan to you with the following terms:   Face amount will be today’s FAIR MARKET VALUE regardless of how much you owe so any negative equity will be forgiven with no tax consequences.  Interest rate will be 3.50% INTEREST ONLY for two years to give you a chance to build up a nest egg, then will convert to a fully amortized 30 year loan at 3.50% PRINCIPAL AND INTEREST plus impounds for taxes and insurance.  This loan will be serviced by the FNMA staffed with former personnel of the FHA, Freddie Mac and Fannie Mae, Those agencies will become obsolete and be closed permanently 

TO ALL PROSPECTIVE HOMEBUIYERS:

     You may buy a home any time you want under the following guidelines:

     Your credit score and credit history is not considered.  You must have a minimum 3% down payment.  You will pay the current fair market value.  Your interest rate and term will be exactly the same as for the  refinancing homeowners above.  You will have to set up impounds for taxes and insurance.  The maximum loan is $500,000 so homes with a value above $515,464 will require additional down payment for the difference or you will have to get a loan from a bank, WHICH WILL BE THE ONLY CASE IN WHICH A BANK IS ALLOWED TO WRITE A MORTGAGE.

SUMMARY:     The net profit to the NFMA will average out to 7.5 Trillion every five years INCLUDING a fund of $725 Billion earmarked to cover the negative equity on the paid off bank loans.  This will result in the NFMA being able to reduce our national debt to $0.00 in 15 years, reduce the Federal Reserve loan to $0.00 in 25 years, and in 30 years be able to pay ALL health related expenses for EVERYBODY and pay the ENTIRE NATIONAL BUDGET EACH YEAR, thus making the IRS obsolete  so it can be terminated.

END RESULT: 

NO MORE   BAD CREDIT,  FORECLOSURES,  POVERTY,  UNEMPLOYMENT,  CRIME,  IRS

NO MORE:  INCOME TAX,  FHA,  FREDDIE MAC, FANNIE MAE,  HEALTH CARE COST

NO MORE:  PARTISAN POLITICAL SQUABBLING,  FEDERAL DEBT,  BUDGET DEFICIT

YES, YES TO:  COLLEGE,  BUSINESS CAPITAL,  MONEY IN THE BANK  FOR EVERYONE,

     It really is ridiculously simple.  Unfortunately, our politicians will fight it tooth and nail because this takes POWER out of their hands.  The difference is UP TO YOU!  If you will write and call your elected Congressmen and Senators and the Whit House OFTEN AND CONSISTENTLY, demanding passage of this program, IT CAN HAPPEN.  If you want to contribute funds to campaign for this program, we will accept them for deposit in a trust account to be spent ONLY to promote this program.  Only by a well organized MASSIVE outpouring of Americans saying, “ENOUGH, WE’VE HAD ENOUGH,” can we save the USA.  That’s all for now.  I’ll publish the actual fionancial details in my next issue.  Until then, may God bless all of you and the USA.

Old Fashioned American    

                                          

 

          

    

 

 

 

 

 

Aside

Good Morning Fe…

9 May

Good Morning Fellow Americans,

     Today we’re going to start solving America’s problems.  Let’s start with the big one.  Today millions of Americans are confronted with the dilemma of what to do about their home.  Either they are losing it to foreclosure by the greedy banks or they are so far behind in payments and/or have such negative equity and accumulated related credit problems through no fault of their own that they are seriously worried they will be in foreclosure soon.  Many have taken a proactive approach and are attempting to get the bank to work with them on a modification of their existing home loan to a more affordable payment level, only to run in to a brick wall because the greedy banks are more interested in taking their home, along with their hopes and dreams, rather than contributing a few bucks to help their customers.  Then there the few fortunate ones who are current on their mortgage and still have good credit but are looking at their recent drop in home value from a great asset to a huge albatross weighing them down with a big monthly payment all out of proportion to the home’s current value and seriously weighing the option of just walking away from it because they feel they’ll never regain the equity position they once enjoyed.  This is a HUGE problem, compounded by our government’s inability to do anything concrete to regulate the actions of the greedy banks, but instead to pat them on the head and say, “nice, nice doggie, here’s a few hundred billion dollars for you, just don’t bite me.”  As a bone to throw to the masses, our government has set up program after program for the purpose of modifying their home loans, all of which HAVE FAILED because they rely on the greedy BANK’S COOPERATION.  No politician from either major political party has the will to buck the banks in a really meaningful way.  Now here is the mandate we must impose on them:

TO ALL BANKS:

      WE ARE GOING TO PAY OFF ALL THE HOME LOANS YOU HAVE IN YOUR PORTFOLIO AT  A     DISCOUNT OF 5%, WHICH YOU WILL ACCEPT OR LOSE YOUR CHARTER.  THE MAXIMUM PAYOFF IS $500,000.  IF THE LOAN IS LARGER THAN THAT, WE WILL NEGOTIATE AN IMPOSED PAYOFF WITH YOU.  (The funds will come from the Federal Reserve Bank as a loan to a new National Federal Mortgage Association, NFMA, set up similarly to the USPS as an independently run, government owned entity.  The loan will be for the total of outstanding mortgages in this country, $15 Trillion less the 5% discount for a net of $14 Trillion, $250 Million @ the same interest rate we are paying on our national debt, currently about 1.5%.  The Federal Reserve Bank has the power to just print the money.  Now normally that would cause some inflationary trend but as you will see when we get into the fine details, that won’t be a factor in this case.)

TO ALL HOMEOWNERS:

     We have paid off your home loan with ___ Bank.  We will be issuing a new home loan to you with the following terms:   Face amount will be today’s FAIR MARKET VALUE regardless of how much you owe so any negative equity will be forgiven with no tax consequences.  Interest rate will be 3.50% INTEREST ONLY for two years to give you a chance to build up a nest egg, then will convert to a fully amortized 30 year loan at 3.50% PRINCIPAL AND INTEREST plus impounds for taxes and insurance.  This loan will be serviced by the FNMA staffed with former personnel of the FHA, Freddie Mac and Fannie Mae, Those agencies will become obsolete and be closed permanently 

TO ALL PROSPECTIVE HOMEBUIYERS:

     You may buy a home any time you want under the following guidelines:

     Your credit score and credit history is not considered.  You must have a minimum 3% down payment.  You will pay the current fair market value.  Your interest rate and term will be exactly the same as for the  refinancing homeowners above.  You will have to set up impounds for taxes and insurance.  The maximum loan is $500,000 so homes with a value above $515,464 will require additional down payment for the difference or you will have to get a loan from a bank, WHICH WILL BE THE ONLY CASE IN WHICH A BANK IS ALLOWED TO WRITE A MORTGAGE.

SUMMARY:     The net profit to the NFMA will average out to 7.5 Trillion every five years INCLUDING a fund of $725 Billion earmarked to cover the negative equity on the paid off bank loans.  This will result in the NFMA being able to reduce our national debt to $0.00 in 15 years, reduce the Federal Reserve loan to $0.00 in 25 years, and in 30 years be able to pay ALL health related expenses for EVERYBODY and pay the ENTIRE NATIONAL BUDGET EACH YEAR, thus making the IRS obsolete  so it can be terminated.

END RESULT: 

NO MORE   BAD CREDIT,  FORECLOSURES,  POVERTY,  UNEMPLOYMENT,  CRIME,  IRS

NO MORE:  INCOME TAX,  FHA,  FREDDIE MAC, FANNIE MAE,  HEALTH CARE COST

NO MORE:  PARTISAN POLITICAL SQUABBLING,  FEDERAL DEBT,  BUDGET DEFICIT

YES, YES TO:  COLLEGE,  BUSINESS CAPITAL,  MONEY IN THE BANK  FOR EVERYONE,

     It really is ridiculously simple.  Unfortunately, our politicians will fight it tooth and nail because this takes POWER out of their hands.  The difference is UP TO YOU!  If you will write and call your elected Congressmen and Senators and the Whit House OFTEN AND CONSISTENTLY, demanding passage of this program, IT CAN HAPPEN.  If you want to contribute funds to campaign for this program, we will accept them for deposit in a trust account to be spent ONLY to promote this program.  Only by a well organized MASSIVE outpouring of Americans saying, “ENOUGH, WE’VE HAD ENOUGH,” can we save the USA.  That’s all for now.  I’ll publish the actual fionancial details in my next issue.  Until then, may God bless all of you and the USA.

Old Fashioned American    

                                          

 

          

    

 

 

 

 

 

Aside

Good Morning Fe…

1 May

Good Morning Fellow Americans,

     Today was going to be the day I unveiled my plan to save America.  Unfortunately, I feel the need to discuss something else today so you will have to wait another couple of days for the good stuff.  Today I need to talk about John Edwards, the former VP candidate who not only cheated on his wife but fathered a child by his mistress and still had the gall to run for president.  GOOD GOING JOHN!  I guess you felt if Bill Clinton could play, you deserved to join the party.  Then you continued the affair while your wife was dying from cancer.  What a slimeball!  If there is a hell, he will surely burn there, but that isn’t the entire reason I’m up in arms.  It seems the Feds are spending $ MILLIONS to prosecute him for conspiracy to cover up his foul deeds, intending to show that he diverted some $800,000 in campaign funds in doing so.  It seems ridiculous to me to waste public funds for this.  The sensible thing would be to have him pay a fine of $800,000 to drop the matter.  After all, a conviction will end in numerous appeals and infinitely more government cost and he may never go to prison.  Sadly, if he DOES go to prison, we will be paying for his keep for all the time he is incarcerated.  This is what you can call a “lose-lose” situation.  The only thing this prosecution will accomplish is to shame him.  DON’T YOU THINK THAT’S ALREADY BEEN DONE?  There is no justice to be had here.  We can only hope God’s punishment will be appropriate for his sins.  Let’s be done with this idiot and go on to make better use of our assets.

Old Fashioned American