Do you know how U.S lost it's economy strength; And would you do something to help Stop the Jobs Bleeding?
nothingbutthetruth
2012/06/23 19:39:17
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McKinsey Global Institute estimated in 2006 that $18.4 billion in global information technology work and $11.4 billion in business-process services have been moved abroad. That's what sent the U.S economy downhill.
Now, Mitt Romney with his propaganda about he is the jobs creator, one of the very people who helped sink the U.S Economy Jobs growth and put millions out of work. Mitt Romney now wants the highest power so he can continue to outsource more jobs claiming "that's the way businesses make money."
<a href="http://www.barackobama.com/romney-outsourcing-offshored... Romney</a> wants to gain more power so he can outsource more jobs leaving U.S. jobless. He already said he will cut Government jobs such as Teachers, Firefighters and Police Officers. He already sent manufacture overseas including technology jobs.
No wonder Mitt Romney and his Republicans bureaucracy believe in less education and higher Institution cost. In that way they can continue with their ridiculous excuses of outsourcing more jobs overseas in order to make huge profits for themselves & their business buddies. Mitt Romney wants the people vote so he can strip them of their jobs.
<a href="http://www.barackobama.com/romney-outsourcing-offshored... WHERE MITT ROMNEY OUTSOURCE U.S JOBS.</a>
Now, Mitt Romney with his propaganda about he is the jobs creator, one of the very people who helped sink the U.S Economy Jobs growth and put millions out of work. Mitt Romney now wants the highest power so he can continue to outsource more jobs claiming "that's the way businesses make money."
<a href="http://www.barackobama.com/romney-outsourcing-offshored... Romney</a> wants to gain more power so he can outsource more jobs leaving U.S. jobless. He already said he will cut Government jobs such as Teachers, Firefighters and Police Officers. He already sent manufacture overseas including technology jobs.
No wonder Mitt Romney and his Republicans bureaucracy believe in less education and higher Institution cost. In that way they can continue with their ridiculous excuses of outsourcing more jobs overseas in order to make huge profits for themselves & their business buddies. Mitt Romney wants the people vote so he can strip them of their jobs.
<a href="http://www.barackobama.com/romney-outsourcing-offshored... WHERE MITT ROMNEY OUTSOURCE U.S JOBS.</a>
A solid businessman is a good choice for me... bark
p.s.forget the think tanks and their bs...
A fix for it is currently in Congress (and has been introduced into each session for over a decade.) It is currently H.R. 25 and S. 13. Click the link for more information. If this bill were to be enacted into law, the US economy would have a fantastic recovery. Even before it fully went into effect the confidence level would increase causing an economic improvement. Businesses would bring jobs back home from overseas. Businesses would grow locally. Both of these would result in large jobs gains.
By the way, this is a non-partisan bill with support from both Democrats and Republicans.
So if US Companies go to use Foreign labor, it is less expensive, and the product they make is therefore not only bought inside their country, but is easily exported back to Western Countries who don't have to spend so much money.
People benefit more by having and using Foreign Labor. Unless the American attitude changes and they accept lower wages. Which I doubt will happen.
But consider this. People think work or having a job is the only means to secure your housing. This is not true. Basing your security on a job, or work is the most insecure thing you can do. It is delusional. The simple reason is because you have no control over your own life.
Good News is I have come up with a way for people to secure their homes, and stop foreclosure, and increase the value of their homes.
Banks will embrace this as well.
See here:
http://www.sodahead.com/unite...
I have bought homes in the US, and a Foreign Country.
I think Banks will embrace this new means of financing homes. The banks problem is always getting someone to buy the homes and can make the payments.
If banks know that two home owners are willing to sell and buy each others home in periodic time frames, which means creating a new loan to pay off an existing one, this establishes Credit, and Equity. This means loans are stable, and there is a real base to the financial floor, I call pay dirt. Knowing this creates value, and knowing that value now exists; home price values can rise instead of fall.
The main reason home prices fell is because Banks rely on the theory that Jobs are a secure base for acquiring loans on a piece of property. When Jobs evaporate, there is nothing to support the mortgage pay back. So Banks scramble by including bad loans with good loans to sell to other banks to take them off the hook from t...
I have bought homes in the US, and a Foreign Country.
I think Banks will embrace this new means of financing homes. The banks problem is always getting someone to buy the homes and can make the payments.
If banks know that two home owners are willing to sell and buy each others home in periodic time frames, which means creating a new loan to pay off an existing one, this establishes Credit, and Equity. This means loans are stable, and there is a real base to the financial floor, I call pay dirt. Knowing this creates value, and knowing that value now exists; home price values can rise instead of fall.
The main reason home prices fell is because Banks rely on the theory that Jobs are a secure base for acquiring loans on a piece of property. When Jobs evaporate, there is nothing to support the mortgage pay back. So Banks scramble by including bad loans with good loans to sell to other banks to take them off the hook from the bad loans. And then that bank discovers this and does the same, to the point that soon banks realize there are no jobs, and they are stuck holding the bag, of unpayable mortgages.
My idea says we stop using Jobs as the base to secure loans, but to use the idea I presented in having 2 struggling home owners come together who will buy and sell each others home over an indefinite period of time. A one year time frame would be ideal.
That is I buy my neighbors home, and he buys mine. Our loans secure the bank payment. Then in one years time, I buy back my home from him, and he buys back his home from me. This would secure the bank payment again. And this goes on and on, each year, and both get to keep their homes, without ever moving.
The bank would always get it's money, and they could use those loans to sell to other banks to make a profit, since the loans are so stable.
If people do get jobs, they know they don't need to use their income to pay their mortgages. This means they save money and is the money they make to support other peoples jobs in the community.
That would mean new houses could be built, and growth realized. That means new mortgages for the banks, knowing they are now getting 2 homeowners who agree to buy and sell each other their homes throughout an indefinite period of time.
This means the Banks have secure loans, and make money, and the homeowners assured they will never have a default or foreclosure, and will be able to keep their homes.
Well there it is. I think it is doable, compared to all the other do nothing, can't fix, attitudes out there.
I think its worth going for.
The whole idea is that people are unemployed, so how do they save their house from foreclosure. My idea does that.
It is not a Ponzi Scheme.
Why? Because it involves only two people the homeowners. and the Bank. The Bank would love people to renew their mortgages.
You might as well call the IRS a Ponzi Scheme, or the Federal Reserve, who creates money out of thin air, and makes the people pay interest on nothing money.
So Ponzi your delusions else where. Nothing.