http://www.sydneyfinancialgroup.com/blog Get out of debt and Payoff Mortgage loans with a Home Equity Line of Credit Mon, 30 Mar 2009 22:10:28 +0000 http://backend.userland.com/rss092 en It’s no secret that the government has to play a juggling act to please the crowd. There are the obvious competing interests between the taxpaying citizen and the worried investors and banks. Now as Graham Bowley and Mary Williams Walsh point out in their recently written article, “Dissecting Bank Plan for ... http://www.sydneyfinancialgroup.com/blog/2009/03/30/will-the-new-plan-for-banks-help-investors-or-taxpayers/ Last summer a bill (called HOPE) was passed that would set aside $300 billion to help an estimated 400,000 families avoid foreclosure. Apparently 752 people applied to benefit from this bill, and so far only one person was given an insured loan. Here we learn all about what happened. In this ... http://www.sydneyfinancialgroup.com/blog/2009/03/30/is-there-hope-for-anybody/ John Hussman sums it up when he says: “We simply cannot make these bad investments whole unless we are willing to hand the next 10-20 years of U.S. private savings over to the bondholders who financed reckless lending. Those bondholders should, and ultimately must, take a portion of these losses, and ... http://www.sydneyfinancialgroup.com/blog/2009/03/27/government-plays-robinhood-for-bondholders-forcing-taxpayers-to-play-role-of-sherriff-of-nottingham/ Mike Shedlock would answer that he is not. Read this article to find out why: “Geithner's Galling (and Dangerous) Plan For Bad Bank Assets”. Shedlock takes on some of Geithner’s main premises for his current fiscal policy. First, Geithner claims that the causes are far-spread and complex for our current crisis. Shedlock ... http://www.sydneyfinancialgroup.com/blog/2009/03/27/is-geithner-dealing-with-toxic-bank-assets-the-right-way/ A business that specializes in predicting movements in the United States (Move, Inc.) has said that about 20% of Americans plan to move within the next five years. This comes at a time when half of these same surveyed persons said they believe that they or someone they know will ... http://www.sydneyfinancialgroup.com/blog/2009/03/27/who-plans-on-buying-a-house/ On 60 minutes President Obama and Steve Kroft discussed some of the biggest issues that the economy will be facing in the next little while. Kroft asked a couple key questions as to from where the “bailout” money would be coming and whether there was a limit on how much ... http://www.sydneyfinancialgroup.com/blog/2009/03/27/obama-admits-limit-on-%e2%80%9cstimulus%e2%80%9d-money/ If you want to read an interesting article about lawsuits and knock-down dragged out fight between mortgage corporations, here is where to go: http://www.housingwire.com/2009/03/19/american-home-fires-back-sues-carrington-for-racketeering/. American Home Mortgage Servicing, Inc. was sued by Carrington, and then counter-sued—accusing Carrington of racketeering and making illegal and misrepresented profits for itself. Here is an excerpt from ... http://www.sydneyfinancialgroup.com/blog/2009/03/26/american-home-mortgage-servicing-vs-carrington-capital/ Many sources are blaming Timothy Geithner completely for the scrutinized AIG bonuses that executives received just after the tax-payers bailed out their business. In the article “Conflicting Accounts About Geithner’s Involvement With AIG Bonuses,” Sharona Coutts discusses the differing versions given about Geithner. The article also delves into the juicy political ... http://www.sydneyfinancialgroup.com/blog/2009/03/26/how-was-geithner-really-involved-in-the-aig-bonuses/ Paul Roberts goes into disconcerting detail concerning the economy in this article: http://www.counterpunch.org/roberts03192009.html. He poses serious and important question about whether we are all aware enough about our country’s economic “stimulus” packages. He also explicates the enigma that allowed executives of a tax-funded bank to withdraw incredible bonuses: “The US government ... http://www.sydneyfinancialgroup.com/blog/2009/03/26/the-rich-elite-profit-from-government-interference-with-the-economy/ In this article Rolfe Winkler explains why our economy is going down the John. He explains that there are two main elements that will combine for a potent explosion. The first that he describes is our current fiscal policy; the second is our monetary policy. According to Winkler, our fiscal policy ... http://www.sydneyfinancialgroup.com/blog/2009/03/26/public-debt-passed-11-trillion-two-time-bombs-are-placed/