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

 

 

 

   

     

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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

        

Aside

Good Morning Fe…

20 Apr

Good Morning Fellow Americans,

     Let’s take a hard look at what ails America today.  The cost of medical insurance is rising every time we turn around.  Employers look for ways to reduce their cost but their premiums keep going up.  As a result, employee contributions and co-pays keep going up.  Costs are out of control.  I’ll cite a personal example.  As a result of lifting, I suffered a collapsed vertabrae.  My primary phyaician recommended that I have a then new procedure which he said would immediately relieve the excruciating pain I was suffering.  This involved pumping up the vertabrae with a baloon and injecting a plastic substance which would harden almost instantly and provide me with a stable vertabrae, an out patient procedure.  When I went to the hospital for the procedure, I was ushered into a small room to disrobe and put on a hospital gown.  After about a half hour wait, I was taken into a room with a table on which I had to lie down on face down.  The process was painless and took about 15 minutes over all.  All I felt was a little pushing.  When it was over, I was returned to the original small room to change into my clothes.  So far, so good.  After about another 20 minutes they said I could go home.  Well I went home and waited for the instant pain relief but guess what?  I never got that pain relief as promised.  Instead, the pain gradually subsided to a level I could live with after TWO YEARS.  Then to add insult to injure, I got the insurance summary of what was paid for the procedure.  It left me AGHAST at the cost.  One doctor and two nurses worked on me for FIFTEEN MINUTES and the hospital charged my insurance SEVENTEEN-THOUSAND DOLLARS inxluding $3000 for A NON-EXISTANT  RECOVERY ROOM.  That is my personal experience with bloated medical costs.  Interestingly enough, that procedure has now been discredited as being ineffective, as it was with me, but I don’t see any effort on the part of the hospital to refund any part of the $17,000 to my insurance company.  The problem is that the insurance companies don’t care what any procedure costs as long as they can charge the consumer pool enough to make a profit on it.  That is why there is no good reason to have a medical program with an insurance company involved.  We need to take the insurance company profit out of the cost.  As it is now, the insurance companies earn BLOOD MONEY from the illnesses of our people.  THAT HAS GOT TO STOP!  This is a case where there MUST BE a single payer program for everybody, like Medicare is for senior citizens.  Insurance companies have no business being involved in the health and well being of our people.  When I unveil my plan for the future of America, that will cease to be a problem.  Everyone will have 100% medical coverage for life and NOT HAVE TO PAY FOR IT!                                                                    

     Now let’s take a look at  the mortgage mess.  Having been in that business for several years, I have seen first hand what the banks have done to this country and it’s not pretty.  While millions of Americans needed, and deserved help, the vulture banks ignored them and merrily foreclosed on millions of homes along with the hopes and dreams of the homeowners, who had to face the stunning reality that “their bank” didn’t give a hoot what happened to them.  To make matters worse, the Federal Government BAILED OUT THE BANKS WITH NO CONCERN FOR THE MILLIONS OF DISPLACED TAXPAYERS.  The leaders of those banks are still commanding salaries in the MULTI- MILLIONS OF DOLLARS ANNUALLY and fiddling while Rome continues to burn.  When I unveil my plan for America, EVERYONE will be able to SECURELY own their own home WITHOUT CASH DOWN, WITHOUT GOOD CREDIT, and with a LOW MONTHLY PAYMENT!

Old Fashioned American