Greenspan explains the Credit Crisis Tsunami

CNN Oct 23rd 2008

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Are you laid off or unemployed due to no fault of your own? You are facing credit card debt, bills with no way to repay, mortgage payments, maybe only way out is bankruptcy. Do not believe the lies of satan and the credit reports, or threatening intimidating letters from creditors. When you belong to YAHUSHUA/JESUS worship, serve, obey HIM, your bank acct is overflowing in Heaven. Prophecy 96 – Year Of Jubilee, YAHUVEH Says, Cast Your Dead Weight Off! – Given to Prophet Elisabeth Elijah on May 3, 2008. www.amightywind.com www.almightywind.com “This is what I think of these credit card companies. This is what I think of these debt collectors. Hospitals who raise their prices so high that even when a person lives, because of the crushing debt each day they die. Leeches! Vultures! Vampires, these financial institutions are. Mortgage companies shall come down! They shall lay in ruins for foreclosing on homes without any mercy. MY Wrath they shall feel and they themselves shall be homeless! For they shall reap what they have sown. I love you MY son. Oh please listen this day. It was no accident I sent this Prophet this way. I do not give this Ringmaiden a Word for everyone. For she would not have the physical strength to do so, but because you asked for nothing, I bless you this day. You asked to see MY face. Instead I give you forth this Word for you cannot look on the face of YAHUVEH and live but you can look upon the face that is MY Son. Ask to see the face of YAHUSHUA. One

Credit Reports Lie, Not True Value of a Person (1/2)

Are you laid off or unemployed due to no fault of your own? You are facing credit card debt ,bills with no way to repay, mortgage payments, maybe only way out is bankruptcy. Do not believe the lies of satan and the credit reports, or threatening intimidating letters from creditors. When you belong to YAHUSHUA/JESUS worship, serve, obey HIM, your bank acct is overflowing in Heaven. Prophecy 96 – Year Of Jubilee, YAHUVEH Says, Cast Your Dead Weight Off! – Given to Prophet Elisabeth Elijah on May 3, 2008. www.amightywind.com www.almightywind.com “This is what I think of these credit card companies. This is what I think of these debt collectors. Hospitals who raise their prices so high that even when a person lives, because of the crushing debt each day they die. Leeches! Vultures! Vampires, these financial institutions are. Mortgage companies shall come down! They shall lay in ruins for foreclosing on homes without any mercy. MY Wrath they shall feel and they themselves shall be homeless! For they shall reap what they have sown. I love you MY son. Oh please listen this day. It was no accident I sent this Prophet this way. I do not give this Ringmaiden a Word for everyone. For she would not have the physical strength to do so, but because you asked for nothing, I bless you this day. You asked to see MY face. Instead I give you forth this Word for you cannot look on the face of YAHUVEH and live but you can look upon the face that is MY Son. Ask to see the face of YAHUSHUA. One

In this video I discuss why I believe it is perfectly moral to breach a contract under certain circumstances when dealing with particular types of contracting partners. I do not advocate breaching contracts where it is not moral to do so; however, Americans have a sense of fair play and integrity that makes them reluctant to breach even where doing so is perfectly fair (considering all the circumstances involved). To continue to be conditioned into not breaching in a world full of contract partners that consistently play by their OWN set of rules; is not good for the community. Note: I refer to ‘corporations’ as being the ‘evil-doers’ here; but of course I don’t mean to imply that every single corporation in the world is run without a moral compass. It’s obvious though that almost every major multinational corporation disregards Contract related ethics when dealing with relatively powerless individuals.

CREDIT CARD BAD BOYS

Executives from the financial institutions who received funds from the 0 billion banking bailout faced their critics on the House Financial Services Committee on Wednesday February 11, 2009 in Washington. The chief executives at the hearing are: Kenneth D. Lewis of Bank of America, Robert P. Kelly of Bank of New York Mellon, Vikram Pandit of Citigroup, Lloyd C. Blankfein of Goldman Sachs, Jamie Dimon of JPMorgan Chase, John J. Mack of Morgan Stanley, Ronald E. Logue of State Street, and John G. Stumpf of Wells Fargo. Their silent response to the questioning tells the whole story. Since this time, these companies have offered little relief to consumers. In fact, they have raised rates on millions of more Americans to help pay for growing credit card losses. The apathy of the American public to this additional “taxation” by the banks is beyond belief. Add to this the fact that Executive pay at the banks is going back up in 2009 (NYTIMES APRIL 25th 2009), and you see we are no longer a nation that believes in “United We Stand,” but rather “Everyman for Himself.”

2 Days Until The End Of Freedom In America — Obama lets loose that he wants to build a civilian security force more powerful than the US military? What for? We already have police, fire, national guard, why does he need his own Schutzstaffel? Maybe to break down all of our doors once the “Fairness” Doctrine comes back into effect – dissent will be disallowed. Or maybe so come get our wealth for spreading. Now he wants to bankrupt the coal industry – what happens if all of a sudden its YOUR industry that he wants to bankrupt – like he destroyed Joe The Plumbers American Dream. Obama’s version of the American Dream is “handout” Obama will pay for my mortgage, Obama will pay for my gas, Obama will save my family. No Obama won’t. Its the rest of us who will pay. And pay. And pay… — thinkfuture.com http noon8.com

Robert Kiyosaki – New Rules of Money

November 21, 1992 www.amazon.com The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S&L crisis) was the failure of 745 savings and loan associations (S&Ls aka thrifts). An S&L association is a financial institution in the United States that accepts savings deposits and makes mortgage loans. The ultimate cost of the crisis is estimated to have totaled around 0.1 billion, about 4.6 billion of which was directly paid for by the US government—that is, the US taxpayer, either directly or through charges on their savings and loan accounts — which contributed to the large budget deficits of the early 1990s. The concomitant slowdown in the finance industry and the real estate market may have been a contributing cause of the 19901991 economic recession. Between 1986 and 1991, the number of new homes constructed per year dropped from 1.8 million to 1 million, which was at the time the lowest rate since World War II. The United States Congress granted all thrifts in 1980, including savings and loan associations, the power to make consumer and commercial loans and to issue transaction accounts. Designed to help the thrift industry retain its deposit base and to improve its profitability, the Depository Institutions Deregulation and Monetary Control Act (DIDMCA) of 1980 allowed thrifts to make consumer loans up to 20 percent of their assets, issue credit cards, accept negotiable order of withdrawal (NOW) accounts from individuals and nonprofit

Starting up a business and becoming own boss is definitely a value adding idea. However, there is chance of missing it when your idea does not keep pace with your actual planning. For the success and implementation of business planning, external financial assistance facilitates most of your cash flow problems. Of course, it is very hard for everyone to remain prepared with the necessary fund all the time while money deficit could erupt at any point of time in a business operation. There are sudden emergencies while injection of additional capital that not only increase the profitability of the project but also facilitate its growth. For this reason, loans available in the UK financial market balance your business sheet in a reasonable shape. These external monetary provisions help you to break the crippling effect of any time cash crisis in running an enterprise with profit and growth. Lenders of the UK loan market make attempt to categorise commercial loans into secured and unsecured forms. The commercial loans rates vary according to the nature of the loan plans. Secured commercial loans are basically security-backed money provisions at borrower-friendly terms and conditions. You need to offer security in support of the loan. The security is generally the immovable assets as their value is constantly increasing. Borrowers of any credit situation(whether good or bad) can obtain fund anywhere from 3000 to 75000 for their business ventures if they pledge an immovable

January 21, 2009 Maxine Waters deals with the marathon in contacting banks to refinance mortgages.