obama

Making Home Affordable expanded again - borrowers allowed to refinance loans up to 125 percent of value

When the Obama administration first announced the details of the Making Home Affordable program in March, the guidelines for the refinance portion stated that the loan refinanced c

Obama Eases Treasury Costs with At-Home Money Printing Stimulus

Everyone is feeling the economic crunch these days, and that includes the Treasury department. It’s no news to anyone here that there has been increasing unhappiness with President

Details of Obama's mortgage plan released - Will you benefit?

Today the Obama administration officially released the final details of the mortgage plan that was announced a few weeks ago. Here is a quick summary on what is in the plan and h

Will Obama's new mortgage plan really reward responsibility?

Today President Obama announced a new $75 billion Homeowner Affordability and Stability Plan to the world. It is touted as a plan that helps responsible homeowners who have not

Recession Journal Part II: Broke or Poor?

We must understand fundamentally while some of our exercises in saving go for naught and why when things turn around, we forget our lessons. Unfortunately in America just eat one b

Could the last person to leave America please turn out the light.

I don’t know about you, but I’m more than a little worried by recent economic events. First Freddie Mac and Fannie Mae, then Lehman Brothers, and now an $85 billion loan to AIG. So

Investment Gains Taxes Increase - The Worst Tax Policy Ever?

Yesterday Paul Michael wrote an article comparing the income tax policies of McCain and Obama and suggested that he would vote for Obama because Obama's tax policy would benefit ev

McCain or Obama? Who’ll be better for your wallet?

I want to keep this factual. This is not an article on who should be the next President, or as these campaigns usually go, who shouldn’t be President. This is a simple presentation