Michigan Today — Home And Health Care

I was listening to Glenn Beck sharing his financial predictions
on the radio while driving home from a week-end gathering. He
forewarns of another larger and more devasting financial banking
collapse within the next year or so. Interestingly, President O’bama
this week is calling for financial reform, and says if his program is not
adopted there will be another financial crisis of greater proportions. So
even, President O’bama knows of this brewing banking financial disaster.

Interestingly, Glen Beck is all for financial reform, but not
President O’bama’s proposal. President O’bama’s stimulus and
financial policies are just deepening and extending this recession
and causing huge and massive unemployment. In my opinion,
he has destroyed the best healthcare and economic system in the
world all for the sake of his ideology.

I, too, see another financial collapse partially due to the next
wave of foreclosures that is occurring now. Foreclosures have increased
since the Adjustable Rate Mortgages are now adjusting; since the banks’
are allowed to be overtly agressive in foreclosing and their unwillingness to
lose any money; and due to continued job loss. Well-paying and secure jobs
are few and are certainly not being created in the private sector at any
significant rate — only government jobs. Union jobs that offered security
are basically extinct. Case in point, this spring (for the first time in 30 years),
teaching positions in Michigan are being cut significantly due to loss of students
and revenue. By grand design, we are all to be dependent upon the “State.”
Neither O’bama nor Conservatives really like unions.

Overall, in this financial climate, Banks especially in Michigan do not have
any money to lend, because of all of the nonperforming commercial and
residential loans and defaults; inability to qualify for a loan; and also due
to all of the new banking regulations. Real-estate sales alone have dropped
this month since the government incentives for first time homebuyers is now
over, and not allowing private investors to enter the market for fear of making
a profit. The new EPA rules are also killing off market sales. In Michigan, it is
going to be impossible or extremely difficult and expensive to paint any house, inside
or out, if built before 1978 due to lead paint hazards.

The working or middle class society of today will probably never own a home or
see secure and/or stable jobs again if our country continues to adopt this socialistic
framework. Although, I could be wrong if everyone works for the government — but
one needs to understand that any income earned will go directly back to the government.
Indirectly, you will be taxed and your money seized like permitted within the new
healthcare legislation. Even the housing industry I think is adjusting to this idea.
It is being proposed that if one were to obtain a mortgage loan and if in the future one
defaults or is foreclosed, then the homeowner will have the right to rent for 5 years.
Now, who is going to loan anyone any significant amount of money considering these
new rules? Under O’bama, the idea of home ownership will in actuality be nonexistent.
Remember private property is not allowed in a socialistic system.

A huge percentage of our economy within a capitalistic republic is dependent upon
a strong real estate market, a vibrant manufacturing sector, and a strong healthcare
industry. I doubt if there can be a strong recovery without strong growth in these
markets. The financial markets will certainly collapse, because the banks need to
lend money. However, there are no incentives to work, to start a business, or the
ability to own a home.

The government can keep printing money and throwing it around, but in the
end it will be useless and worthless. Markets have to be allowed to adjust on
their own. Our economy will never be able to recover as long as our government
is allowed to pick and choose who is to succeed and who is to fail like when the
government picked AIG and Goldman Sachs.

What was unique about our society was the fact that an individual or business
entity could choose to pursue an idea out of happiness and ultimately could either
“win” or “fail.” Our capitalistic society provided an opportunity, but with no guarantees.
Competition was considered good and fed the desire for excellence. Today, Americans
have traded this “freedom” for a false sense of security such as “free” healthcare, “free”
rent, “free” income but at a surf’s wages, and “free” education but without choice of
carreer path.

Glenn Beck suggests that one gets his “house” in order…meaning get out
of debt and stay out of debt now. If you are smart you will cut-up your credit
cards and not use them. Banks are starting to entice individuals to come back
and use their credit cards, but if you do you will again be a “slave” to them.
Banks are hoping to capture the new and unsuspecting young adults. I hope the
Mothers and Dads of our society are teaching their children to not adopt our financial
institutions’ trap of needing “credit.”

The American public I also hope is now savy and intelligent enough to say, “No” to
credit cards and bank loans. Americans will have to establish an underground economy
to trade and barter until Americans are able to take back their country and freedoms at
the ballot box and by saying, “No” to Obama’s national banking system. More challenging
and harder times are coming! It is inevitable. Will you be prepared?

Saving the American Dream 800.826.1929

P.S. If you are upside down in your home and want
to keep your home and get control of your finances, consider
a Principal Balance Mortgage Reduction.

David Brigle, Managing Member
Foreclosure Prevention Institute, LLC
271 Viking Dr
Battle Creek, MI 49017
800 826-1929 Call Today!

http://ForeclosurePreventionInstitute.com