I am in Tivo hell! We have Comcast for our cable, they sent out a note telling us we needed to upgrade all of our equipment to receive the new digital signal. Having a hard time getting everything back in step. I can Tivo things if the TV is off, but if it's on, I have to watch that channel. I got the wife all excited to watch a movie the other night, told her I would Tivo it until she was ready. She finished what she was doing, got all her things ready, came into the home theater room, or as some call it, the living room. I fired up the Tivo, started the movie, and it was the Orioles getting beat by someone. I need to do some research.
My eyes are still on strike, along with my blood pressure. The eyes have a chance of being my glasses, though I don't think so, the blood pressure is probably related to the steroids, or it's my fat ass, who knows? I'm on my step down dose of oral prednisone, so I'm hoping I'm still coming out of this thing. My eyes are bothering me, not use to this whole aging thing, at least the numbness feels better right now. I'm trying to not make plans for this to fail, but I'm nervous what it means if it does, and more than a little scared. I'm using my upbeat attitude to conquer this, even if it kills me!
We go to settlement on the house tomorrow, we refinanced to 4.75, good for us. We are switching away from scary old Mr. Potters big bank and putting our money into that warm Bailey savings and loan. Trying our best to stay local, stay small, stay smart. OK, me staying smart is way past due, but we can try. Working towards living long enough to pay the house off in my lifetime, without having to live to 138! 15 years and this place is mine, just in time to retire! It's nice to have options, glad to be able to take some control of something in my life, and be thankful for it.
Showing posts with label mortgage. Show all posts
Showing posts with label mortgage. Show all posts
Wednesday, September 9, 2009
Thursday, July 24, 2008
Congress Bails Out Greedy Home Buyers
Let me tell you how dumb my wife and I are. When we bought our home, the bank told us how much we were qualified for. We both looked at the number and said no way! There is no way we can afford that much. We looked at it logically and decided on an amount we were both comfortable with. What kind of fools are we? If we had bought an outrageously expensive home, it turns out our Uncle Sam would have come to the rescue.
The current Congress has OK'd a bail out of the people who bought more home than hey could afford. Stay with me, because I must not too smart when it comes to number figurin. 400,000 people are said to benefit from this money. Near as I can figure, if you divide 400,000 into 300,000,000,000 you get $750,000 per loan. Someone with more edumacation check that one and see if I did that right? If I'm wrong, sorry for taking up your time on a dead end road. If I'm right, HOLY CRAP!
Does that mean that the feds are going to broker new mortgages for these people, at a better rate, at a lower cost, so they can afford something, they shouldn't have bought in the first place? Well kiss my grits! I see the Democrats were true to their word and got rid of the frivolous spending! What was it they said they were going to do? I see no difference. The Dems and the GOP both posture too much, and get too little done. Both sides keep talking about what they are doing for the middle class. I am pretty sure I am still in the middle class, unless I have slipped down a notch. All I see is both sides making it harder for me to put food on the table, to put fuel in my mule, buy gas for my ass! We are supposed to pick a new President from one of these teams? Good luck!
How do I get in on some of this cash? How is it going to work? What company is going to get rich off of this 300 billion? How many service charges and handling fees are there going to be? Is the money going to be paid back by the same jerks that couldn't afford it the first time? I'm no economist, but that seems pretty dumb to me. Is Congress going after the fly by nights who found these loans for people? How about the banks that gave it to them? When will I get my 300 billion back, and from whom? Why do I feel like this is going to be another Katrina disaster. You know what I mean, here's money, is it fixed now?
I can't tell you how many "new" houses are for sale in Perry Hall. Well, I can tell you, but that's not the point. The point is it's every where. Until we go after the people that caused this, I am still not able to afford food, gas, electricity, and gas to cook and heat my hot water with. How do I make them pay for what they have done? They are living in multi million dollar homes, paid for on the back of these defaulted loans. Is there no penalty for that? Isn't that the financial equivalency of reckless endangerment? Please don't tell me they will make more money from the 300 bil! It's time for some new ideas, some new plans, a way of putting the lid down on this downward flow. Maybe we can get Jesse "The Body" to run for President? He can't be any worse then the 2 choices, or the 2 teams being offered!
The current Congress has OK'd a bail out of the people who bought more home than hey could afford. Stay with me, because I must not too smart when it comes to number figurin. 400,000 people are said to benefit from this money. Near as I can figure, if you divide 400,000 into 300,000,000,000 you get $750,000 per loan. Someone with more edumacation check that one and see if I did that right? If I'm wrong, sorry for taking up your time on a dead end road. If I'm right, HOLY CRAP!
Does that mean that the feds are going to broker new mortgages for these people, at a better rate, at a lower cost, so they can afford something, they shouldn't have bought in the first place? Well kiss my grits! I see the Democrats were true to their word and got rid of the frivolous spending! What was it they said they were going to do? I see no difference. The Dems and the GOP both posture too much, and get too little done. Both sides keep talking about what they are doing for the middle class. I am pretty sure I am still in the middle class, unless I have slipped down a notch. All I see is both sides making it harder for me to put food on the table, to put fuel in my mule, buy gas for my ass! We are supposed to pick a new President from one of these teams? Good luck!
How do I get in on some of this cash? How is it going to work? What company is going to get rich off of this 300 billion? How many service charges and handling fees are there going to be? Is the money going to be paid back by the same jerks that couldn't afford it the first time? I'm no economist, but that seems pretty dumb to me. Is Congress going after the fly by nights who found these loans for people? How about the banks that gave it to them? When will I get my 300 billion back, and from whom? Why do I feel like this is going to be another Katrina disaster. You know what I mean, here's money, is it fixed now?
I can't tell you how many "new" houses are for sale in Perry Hall. Well, I can tell you, but that's not the point. The point is it's every where. Until we go after the people that caused this, I am still not able to afford food, gas, electricity, and gas to cook and heat my hot water with. How do I make them pay for what they have done? They are living in multi million dollar homes, paid for on the back of these defaulted loans. Is there no penalty for that? Isn't that the financial equivalency of reckless endangerment? Please don't tell me they will make more money from the 300 bil! It's time for some new ideas, some new plans, a way of putting the lid down on this downward flow. Maybe we can get Jesse "The Body" to run for President? He can't be any worse then the 2 choices, or the 2 teams being offered!
Friday, July 11, 2008
Congress Works Together To Make A Problem Bigger
It looks like after a long period of fighting, Congress is finally working, and heading in the same direction, straight down! Senator Dodd seems proud of the bipartisan effort. That's nice, to be proud I mean. Everyone is entitled to their own opinions. What's that old saying about opinions? So what is the issue that brought our law makers together? Did it have to do with saving children, or the elderly? With making our neighborhoods safer, or more appealing. No, they decided to insure 300 billion dollars in new mortgages, helping 400,000 homeowners.
Yippee? How am I supposed to feel about this? To make matters worse, this looks like it is going to be one of a handful of times that the President and I are on the same page. President Bush has said he is going to veto the bill if there aren't major changes to it. Now I don't know what the changes are, hopefully not something that will have me back here tomorrow talking about him, but at least for now it doesn't look like it will happen. Not now, but it will happen. It's an election year.
Like I said yesterday, this campaign so far has cost a fortune, but we ain't seen nothing yet! This is where all the posturing, all the smoke, and all the mirrors disappear. Now we see up the politicians skirts and see what they are really made of. The Democrats and the Republicans are bipartisan when it comes to this issue, the issue of either gaining, or holding onto control. Sure they would agree to bail these people out, it would give them the opportunity to say, "look what we our team did for you". What a fool I am, we are paying our own mortgage!
300 billion, with a B! It is unimaginable that Congress would even think of doing this. It is time for we Americans to stand up, and in one loud voice say, "ENOUGH"! Instead of us saying great, look what they are doing to help us, we should be saying look what they are doing TO us. We can't let this happen so the politicians can jockey for position in the next election. Call someone, write someone, put on your button. Tell them no, I don't want to pay for anyone else to live in a home they knew they couldn't afford. I won't be able to afford that and pay for my own.
Yippee? How am I supposed to feel about this? To make matters worse, this looks like it is going to be one of a handful of times that the President and I are on the same page. President Bush has said he is going to veto the bill if there aren't major changes to it. Now I don't know what the changes are, hopefully not something that will have me back here tomorrow talking about him, but at least for now it doesn't look like it will happen. Not now, but it will happen. It's an election year.
Like I said yesterday, this campaign so far has cost a fortune, but we ain't seen nothing yet! This is where all the posturing, all the smoke, and all the mirrors disappear. Now we see up the politicians skirts and see what they are really made of. The Democrats and the Republicans are bipartisan when it comes to this issue, the issue of either gaining, or holding onto control. Sure they would agree to bail these people out, it would give them the opportunity to say, "look what we our team did for you". What a fool I am, we are paying our own mortgage!
300 billion, with a B! It is unimaginable that Congress would even think of doing this. It is time for we Americans to stand up, and in one loud voice say, "ENOUGH"! Instead of us saying great, look what they are doing to help us, we should be saying look what they are doing TO us. We can't let this happen so the politicians can jockey for position in the next election. Call someone, write someone, put on your button. Tell them no, I don't want to pay for anyone else to live in a home they knew they couldn't afford. I won't be able to afford that and pay for my own.
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