Posts Tagged ‘unemployment’
The Newest Government Program – HAUP
http://shortsalepowerhour.com/power-hour/mortgage/
Kevin and Fred present the newest government program, the Home Affordable Unemployment Program. HAUP provides home owners a forbearance of monthly mortgage payments. Go buy some great music at brianweavermusic.com
Duration : 0:7:42
Anxious with Reason
The 21st century had been a rough ride for the American worker even before the recent shockwaves on Wall Street. While the U.S. economy saw broad gains in productivity and consistent GDP growth, overall median incomes remained flat in real dollar terms. With credit tightening, Foreclosures rising and energy prices expected to remain at historical highs for the foreseeable future, just staying afloat in 2008 is therefore a far greater challenge than at the turn of the century.
New America’s Next Social Contract Initiative is dedicated to fostering economic opportunity and economic security for all Americans. With this in mind, we are proud to bring together a panel of experts who have delved deeply into the concerns of American workers and how employers might address these concerns and prosper in a turbulent economic time.
Dr Cliff Zukin and Dr Carl Van Horn of Rutgers University’s Heldrich Center for Workforce Development, are co-authors of The Anxious American Worker the latest in the school’s “Worktrends” series on Americans’ attitudes about work, employers and government. The results of their most recent survey, conducted in the spring of 2008, depict a broad insecurity among the workforce-feelings that have undoubtedly spiked in the last few weeks.
In Love the Work, Hate the Job, David Kusnet details labor-management strife at four major Seattle firms in the early part of the decade, using these examples to highlight many of the same concerns identified by Zukin and Van Horn. The instability among blue and white-collar employees alike, even at corporate giants like Boeing and Microsoft, paints a disturbing picture for the future of the American worker.
Duration : 1:32:28
Mortgage Delinquencies RISE14%; U.S. v. China Currency
Kurt Haskell (RADIO Interview)
Mon (March 29th 6pm ET) http://www.blogtalkradio.com/freedomizerradio
Call in: (347) 324-3704
Mortgage delinquencies rise to nearly 14 percent
http://finance.yahoo.com/news/Serious-mortgage-rb-1094988933.html;_ylt=ApEbYgdbbgRLjLTqsGqbM9y7YWsA;_ylu=X3oDMTE1MmlrMXV1BHBvcwM5BHNlYwN0b3BTdG9yaWVzBHNsawNzZXJpb3VzbW9ydGc-?x=0&sec=topStories&pos=7&asset=&ccode=
Columbia Center misses mortgage payment
http://seattletimes.nwsource.com/html/businesstechnology/2011431935_columbia25.html
US current, proposed law on currency manipulation
http://www.reuters.com/article/idUSN1610600720100316
Jobless rate dips in Michigan
http://www.freep.com/article/20100325/BUSINESS06/3250406/1322/Jobless-rate-dips-in-Michigan
California unemployment rate hovers at record high
http://www.signonsandiego.com/news/2010/mar/26/california-unemployment-rate-hovers-record-high/
Florida unemployment hit record 12.2 percent in February
http://www.sun-sentinel.com/business/fl-unemployment-february-20100326,0,4358873.story
Obama readies steps to fight Foreclosures, particularly for unemployed
http://www.washingtonpost.com/wp-dyn/content/article/2010/03/25/AR2010032502426.html
Almost a quarter of Republicans think Obama ‘may be the Antichrist’
http://www.dailymail.co.uk/news/worldnews/article-1260195/U-S-healthcare-reform-14-rebel-states-sue.html#ixzz0j9RHb1mR
Duration : 0:6:27
Bankruptsy, Foreclosures, Unemployment Victims
This video is to encourage those of you who are experiencing the discouragement due to bankruptsies, Foreclosures, unemployment and other financial hardships during this downturned economy
Duration : 0:1:56
HOMELESS IN SEATTLE
I was using Mapquest recently but could not find what I wanted, so I switched to Google Earth
— And voila I found it, a map of the most corrupt states in the union.
Actually, the map was published by USA Today Online and showed the number of convicted felons per capita, that is per 100,000 residents.
The problem was, the study is flawed because it shows only the conviction, not the actual corruption.
— I mean, our own ongoing study shows that elected officials intimidate judges to obstruct justice, so what would keep them to do that to avoid conviction of a dear friend, one who paid money to the politician.
— You may remember the case United States versus Oracle that ended in the judge finding three expert witnesses not believable who claimed that the hostile take-over of PeopleSoft by Oracle would impede competition. Just about during the hot trial period Oracle paid $10 grand to Barbara Boxer, to whom they had never before and never thereafter paid a dime.
— But the map was not the planned subject of todays Second Opinion, rather Mortgage Foreclosure is. I wanted to make a comment on the perpetual notion that those under foreclosure are at fault by buying beyond their means.
Not at all. Follow me for a second. The fact is that at the time they closed the mortgage, the prime rate was low, their lender pushed a variable rate, and after calculating monthly payments, they could afford it, say $1300. Nobody PLEASE nobody told them that an increase of less than one percent in the prime rate would nearly double their payments to $2400.
Moreover- nobody told them that when the prime goes down even by more than one percent their rate would NOT go down more than a couple hundred bucks, say to $2000.
— The Wallstreet Journal Quotes Foreclosures.com, predicting that the housing market will roar back in 2009. That is highly doubtful. According to AP unemployment rose sharply last week by 525,000 claims, bringing the unemployment total to 4,43 million.
— By the way, the damage to tax payers using $3,118 total paid per unemployed is $13,781,560,000.00 Given these numbers I cannot see how the housing market will rebound by 2009. Indeed, one in ten mortgages is in trouble. In my humble opinion it is imperative that Congress comes up wit a plan that includes home-owners in default, be it by moratorium or whatever. If they cant come up with one, have them call me, I need no more that two days to come up with a solution.
— Lets go global. Europe has problems with Islamic extremists, too. In Belgium 14 alleged Islamic extremists were arrested. — Sarkozy and Brown finally met with Merkel, Germanys Chancellor at an EU meeting. As I reported, Merkel was initially not invited. The reason is that she seems to be fundamentally opposed to government support for ailing industries. Doesnt THAT sound familiar? By the way she is a right radical.
— Britains Daily Mail reports about the fury after Merkels reckless criticism of Browns recovery plan. — Talking about government support, get this, now German car makers not only want help from the German governments, including state governments, but from the U.S., too.
— ZD-Net proposes that Steve Jobs, the Apple CEO, could run GM.
Now, there is an idea. He is one of the few CEOs that truly embrace innovation. How about Mr. President Elect?
— Arent there ANY good news out there today? Well, actually there is. FedX said it had no plans to lay off anybody in the near future. HELLO FEDERAL !
Duration : 0:9:15
Foreclosure Crisis + Unemployment = Economic Collapse?
Please RATE, COMMENT & SUBSCRIBE^^^^^^^^^^
No longer is the subprime mortgage the main culprit in all these Foreclosures. Now it’s the simple fact that if PEOPLE DON’T HAVE JOBS TO EARN MONEY – THEN THEY CAN’T PAY THEIR MORTGAGE!
What’s next people? Can the Federal Government throw money at this unemployment problem and make it just go away? Ha!
Duration : 0:1:23





