Archive for February, 2010

Obama wins nobel peace prize in economics huh?

Sunday, February 28th, 2010

ynot asked: let’s me get this right he quadrupled the national debt has mortgaged our children future for maybe generations has lost over 2 million jobs reduction of revenue to the treasury
President Bush cut taxes for every working American help create 4 million jobs increase revenue to the treasury if you had to invest your [...]

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Mortgage modification?

Friday, February 26th, 2010

Posh asked: Could you please help me with my mortgage modification, I need to know if debt to income ratio is a factor in being approved. I also would like to know how much of a reduction the mortgage company can approve. Thank you.Glory Hintz

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Should we have another child?

Friday, February 26th, 2010

jociemom asked: We are at a loss right now with coming to a decision & feel that we need to ask strangers for their opinion.
I am 35 and my hubby is 41. We have a 3 year old daughter (4 in Sept). We tried for 3 years to have a baby and finally [...]

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How aware are you of Pres. Obama’s proposed budget?

Thursday, February 25th, 2010

Heidi 4 asked: The following are excerpts from U.S. Congressman Ginny Brown-Waite, of the Ways & Means committee, newsletter to her constituents:
Congress’ spending binge began with one trillion for the so called ’stimulus’ which only stimulates more government & more debt.
This week we have learned more of Obama’s proposed budget which increases our national debt [...]

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credit card debt reduction settlement or bankruptcy?

Wednesday, February 24th, 2010

icanpfreely asked: Due to lost of 60% of my family income we have no choice other then put our home in for a short sale or forecloser. We also had about $80,000 in credit cards debt which about two payments behind. I also had a rental property worth about $100,000 and owed about $49,000. [...]

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Bankrupt America how you feel?

Tuesday, February 23rd, 2010

athithan.haran asked: => you have just lost your high paying job together with thousands more
=> Your house price has just crashed 30%
=> you have been putting all your savings in to your house but with the reduction of 30% basically you have lost all your savings.
=> You are unable to refinance cos you do [...]

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Is Obama is worst president ever?

Tuesday, February 23rd, 2010

athorgarak asked: $2.4 trillion of national debt in the first 5 months. (kudos to outgoing Presijerk Bush for 1/3 of that, I must admit)
Forcing out GM CEO wil not demanding that the rulers of the banking industry be removed and even prosecuted.
not demanding that American businesses stop sending jobs abroad, in a claim that it [...]

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To those who don’t believe we are in a recession.lets discuss?

Tuesday, February 23rd, 2010

Capricassy asked: I form non bias opinion on answers. I will provide evidence on why we are in a recession. If you don’t agree then that is you’re own decision and it is respected by me. However I will challenge you to see what parts of this info is not seen in [...]

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I NEED HELP ON THIS ECONOMIC HOMEWORK PLEASE HELP”10PTS?

Monday, February 22nd, 2010

Zenna H asked: 1- which of the following is considered a legitimate concern of a large public debt?
a-bankruptcy of the federal government
b-crowding out fo private investment
c-burdening future generation
d-collapse of the financial system
2- the crowding-out effect of expansionary fiscal policy suggests that?
a- government spending is increasing at the expense of private investment
b-imports are replacing domestic production
c-private [...]

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I think my husband made a big financial mistake.help plz?

Monday, February 22nd, 2010

guamtinkerbell asked: We are in debt…about 20,000. My husband has signed up with Credit Solutions…a credit reduction company. I have already told him not to resort to debt consolidation so he is going the route of credit reduction instead. But something in my gut is telling me that we can’t trust these Credit Solutions people. [...]

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