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POPSRupeetalk - Home loan, Personal Finance nline credit cards, home loans, personal loans, business loans, health & life insurance services from Rupeetalk, a financial portal in India advices Indian consumers on personal finance. It helps consumers choose the right product offered by various financial institutes.
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POPSYOU HAVE TO READ THIS Granholm try not spending as much, your tax breaks to business might have to be looked at, expand it get business to come here, they hire workers, workers pay taxes, problem solved.
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POPSOBAMA and the NOBEL PRIZE Granting the Nobel Peace Prize to Barack Obama provides legitimacy to the illegal practices of war, to the military occupation of foreign lands, to the relentless killings of civilians in the name of "democracy".
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POPSCan you hear me now???? I had a former employee call me earlier today inquiring about a job, and at the end of the conversation he gave me his phone number. I asked the former employee if this was a new cell phone number and he told me yes this was his “Obama phone.” I asked him what an “Obama phone” was and he went on to say that welfare recipients are now eligible to receive (1) a FREE new phone and (2) approx 70 minutes of FREE minutes every month. I was a little skeptical so I Googled it and low and behold he was telling the truth. TAX PAYER MONEY IS BEING REDISTRIBUTED TO WELFARE RECIPIENTS FOR FREE CELL PHONES. This program was started earlier this year. Enough is enough, the ship is sinking and it’s sinking fast. The very foundations that this country was built on are being shaken.. The age old concepts of God, family, and hard work have flown out the window and are being replaced with “Hope and Change” and “Change we can believe in.”
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POPSThe Poor are not Only With Us: They Are "Us". Wonder where the wealthiest 5% got their money from? Why, they got it from you and me. And furthermore, they plan to keep it. While their income grows, their numbers do not. That's because they have no desire to share that little pink cloud they're on. For the rest of us, it's a downhill race and there is always more room on the Poverty Train. All hail Capitalism! See you at the bottom!
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POPSTop Percenters - Raise our Taxes Now We would see a minimal tax increase -- from 35% to 39.6%, a rate still far lower than the one under President Reagan -- but the increased revenue would raise an estimated $43 billion per year. The group’s founders include Chuck Collins, who inherited some of the Oscar Mayer meat fortune and who has long been involved in agitating on income-inequality issues. He may be best known for co-authoring the 2003 book "Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes" with Bill Gates Sr. The book made the case for retaining the federal estate tax. Wealth for the Common Good on Tuesday sent its request to President Obama and to House and Senate leaders, including a petition with more than 1,000 signatures.
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POPSSan Francisco test drives Universal Health Care: Result - Good More: The program, now in its third year, is proving popular. More than 43,000 people were enrolled as of June, up from 24,000 a year before. One reason for the jump: the income test for eligibility was relaxed in February to include people whose income was 500 percent of the poverty level--about $54,000 for a single person and $110,000 for a family of four. The program costs San Francisco about $280 per person per month. How are the results? Hospital admissions of plan members have dropped, and the average stay for those who wind up in the hospital has been cut almost in half, Varney reports. Those changes suggest chronic illnesses, such as diabetes, asthma and hypertension, are being managed better, reducing the need for crisis care.
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POPSACORN foresaw the foreclosure crisis in 2001
More: Moreover, Oakland's law would have gone much farther than requiring that borrowers could afford loans. In 2001, ACORN officials already recognized that the driving force behind the subprime lending was the ability of brokers to chop up risky mortgages, repackage them with good loans as "securities," and sell them to other banks on a largely unregulated market. When homeowners who couldn't afford their loans later defaulted on them, these securities became widely known as "toxic assets" and were the primary cause of the world financial crisis… But if Oakland's law had been widely adopted, the bailout likely would have been unnecessary and the worst economic downturn since the Great Depression probably averted. Why? Because the city's ordinance not only would have held mortgage brokers liable for making bad loans, but also every other bank that later bought pieces of those bad loans after they were securitized. In short, the market for subprime loans would have dried up.
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POPSGenius: Mortgage Program Will Spend $3,000,000 per Loan Repair 
Three million mortgages are believed to be eligible for HAMP with 500,000 in a trial phase. The trial was supposed to last three months, but it has since been stretched to five months . The Doctor believes that many of these "repaired" loans will simply re-default. Why? For one reason, the underwriting (courtesy of TurboTax Tim) for the program uses "stated income", not verified income. These are the very same "liar's loans" that helped trigger the mortgage meltdown! Examining the chart, of the 50,130 trial modifications entered into in May, only 1,711 (or only 3%) resulted in a permanent modification! As The Huffington Post reported a few days ago, the low number of permanent modifications is still appallingly low ("HAMP will come nowhere close to keeping up with foreclosures"). Among the reasons for the low conversion rate: failure to make timely payments (doh!), failure to assemble necessary documentation (like income verification), and other . . .
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POPSHow Much Obamacare Costs the Average Family That Obama is charging premiums to those living at or on the border of poverty is absolutely incredible! And this from a candidate who pledged that he would not tax the middle class! If you have insurance, you will get hit by his proposed 40 percent tax on insurance premiums. When the tax -- and the legislation -- takes effect in 2013, all families making about $120,000 or more in combined household income (14 percent of all families or one in seven) will have to pay the tax. By the next year, 2014, the tax will hit every family making more than $100,000 (about 18 percent of all families or one in six). By 2019, 10 years hence, the tax will reach down to affect every family making more than $75,000 a year (31 percent of families or one in three). The tax will take 40 percent of all premiums above $21,000. So if you don’t have insurance, you will be socked with a mandate to buy coverage and pay a hefty proportion of your income to do it; and if you have insurance . . .
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POPSObamaCare To Thwack Middle Class With Up To 70% Marginal Tax Rate Jim Capretta, a fellow at the Ethics and Public Policy Center, calculates that when combined with other policies like the Earned Income Tax Credit that also phase out, the effective marginal rate would rise to nearly 70% at twice the poverty level. (HT: hot air Handcrafted by Flip
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POPSNational Gaps Between Rich & Poor - USA is No. 3
When I saw this headline, I thought for sure the ole USA would be at the top of the list but NO there really are greedier nations (people) residing on this Earth. Though only 2, for USA hit the number 3 slot. It's a pity that the human race has yet to understand that we are all one, all traveling in the same direction of unknowing. Yet material-wise we struggle to have a one-upmanship on one another; a need of sorts to look down your nose at those financially beneath you due to hard luck or heritage. The visualization of this gap is hardest to stomach. With architecturally handsome buildings on one side of the picture (You can envision those within these structures looking out their ivory tower windows at the ants below.) and poor people, on the other side, in fetal-like positions, huddled against buildings to protect themselves from the elements, cold, hungry and hopeless. It’s the food-chain, only the winners aren’t the fittest but the greediest.
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