Dein erstes Forum » Austin Jackson Jersey

Last week the Bush Administration proposed a $700 billion to $1 trillion rescue plan for the financial and real estate industry. The heart of the plan is to purchase bad debtloans from the lenders thereby relieving their bad loans so they can concentrate on making good loans (talk about a bailout funded by the taxpayer). Personally it is appalling that the government is going to spend 1 trillion dollars of tax money to bail out the banks. This is the equivalent of you or I running up $250 Cleveland Indians Hats ,000 of credit card and short term debt and the government wiping the debt clean. Sure... it is great for the bank but don't forget the bill is being footed by you and I the taxpayer. Plus, pumping huge amounts of dollars into the economy is a devaluation of our currency giving us less buying power! I've been a broken record that there has never been a housing crisis... just a money shortage that has been manufactured. Setting aside my personal opinion if we look at this from a purely selfish business standpoint as a real estate investor it can be a very good thing. The Banks Make Money Making Loans. If you don't understand Fractional Reserve Banking you are handicapped in understanding the big picture - there is a good definition at http:en.wikipedia.orgwikiFractional-reserve_banking. To summarize fractional reserve banking means the bank's loan money without having any of their own money collateralizing the loans then the banks collect interest and fees money created out of thin air. If you deposit $10,000 the bank is able to make a loan of $80,000 and the bank collect points Cleveland Indians T-Shirts , interest and fees on money that did not cost them anything. Their investment is ZERO in the loan. I know this might sound crazy... but look it up and research the subject. The important thing to remember is banks are in the business of making loans. With the tightening of money lending the strong banks are not only surviving but they are now getting government bailouts and when they start lending again in mass the surviving banks will have increased profits because of decreased competition. The one trillion dollar bailout for the economy signals a green light for the banks to start lending. The government is not only taking the banks bad debt off the books but the government has taken over Fannie Mae and Freddie Mac which currently buys approximately 90% of the loans on the open market. The translation is we have a taxpayer bailout AND the taxpayer through Fannie Mae and Freddie Mac will be buying the majority of the new loans! What To Do Right Now? Realize that a speeding locomotive does not stop on a dime. Foreclosures will continue to rise and be offset by buyers coming back into the markets. With time the course of direction will be turned as buyers rush to the market and properties will regain their values quickly. As a real estate investor stay close to the action. Be on the lookout for real estate deals that can be bought for a fraction of their value, bought ?subject to' and kept as profitable rentals, or for your own personal residence that can be bought at prices not seen in over a decade. If you need to analyze deals or create any of the necessary paperwork check out The Ultimate Real Estate Investing System. Now Go Buy A House, Gerald Romine PS - Now is the time to get ACTIVE in the real estate game. If you have been sitting on the sidelines strap on your helmet and go look for deals! If you need to analyze deals and create the perfect paperwork get The Ultimate Real Estate Investing System.
MADRID Cleveland Indians Hoodie , July 10 (Xinhua) -- President of the United States Barak Omaba met King Felipe VI of Spain and acting Spanish Prime Minister Mariano Rajoy on Sunday during his brief visit to Spain.


Obama, who landed in Madrid late on Saturday night, visited the King for a reception at the Royal Palace in the center of Madrid at 10:30 a.m. local time.


The pair made a short appearance for the press, with Felipe stressing that the United States was "a friend and a decisive nation on the world Customized Indians Jersey ," and that Spain and the U.S. shared "principals, values and interests."


In response Obama said that America and Spain "were not just allies, but countries which had the same ideals, among them Cheap Indians Jersey , freedom and respect for the rule of law," a sentiment he would later repeat following his reunion with Prime Minister Rajoy at his official residence, the Palacio de la Moncloa.


Following discussions lasting around an hour, Obama and Rajoy made declarations which were beamed to the press room in Moncloa via a TV screen.


The pair said they had discussed Brexit and Obama expressed hope that Indians Yan Gomes Jersey , "negotiations can be managed in a way that does not have adverse effects for Europe and the UK."


"If you believe the exchange of trade, culture and ideas can be a good thing, then it has to be accompanied with policies which ensure workers have fair wages and that the social system is strengthened for the 21st century and addresses environmental issues," Obama said.


Rajoy said Spain would "have a constructive attitude in negotiations with the UK Indians Tyler Naquin Jersey ," and that the two leaders had also spoken about "refugees and the problems of Libya and Syria and the need to resolve them as soon as possible.


Both highlighted the close ties between Spain and the United States, which were strengthened by the large "