Saturday, September 26, 2009

ACORN Housing Corporation Statistics

AHC Stats 1986-2006

Clients counseled


Mortgages created


Mortgage Amount


Clients educated


29 offices nationwide

The information above was copied off ACORN Housing Corporation website. Note the average mortgage $126,742
For the 21 year period from the 29 offices. That computes to nearly 11 loans per month assuming all 29 offices were operational over that period of time. But notice In that same period they also educated 284, 758 and counseled 250, 226.

I sure would like to know what percent of these loans were forfeited or renegotiated. Also, prudence would dictate that
the principal breadwinner of each home should have an income equal to or more than 1/3rd of the amount borrowed.
It would be interesting to see how close the actual number was.

Obama Health Insurance Reform?!

So the Obama administration does not want insurance companies who offer the only worthwhile Medicare program available (Advantage Plans) to express their disagreements concerning their omniscient health plan. Good, I too would just as soon see all health insurance (including governmental) abolished. The solution is simple: Health Savings Accounts (HSA’s). Then honor the contractual obligation the Government forced upon the citizens since 1966 & remit 80% of the so-called “subsidy” now paid the Advantage Plans to seniors who elect to be self-insured.

Let me and my doctor decide how to spend my HSA, and allow me to give funds out of my HSA to others for their medical needs and ultimately pass on this HSA to my heirs. I can join with other like HSA members to form an Alliance whose dual purpose will be to gather electronic historical medical information and encourage health providers to publish their fee structure and discounts.

This approach will let the government concentrate on only those concerns we expect of them as outlined in our constitution.

Wednesday, September 23, 2009

Tax Exempt Organization

Tax Exempt Foundations:

If you click on the above link and scroll down half way on the page, you will see the QUALIFICATIONS of a Section 501 ( C ) (3) Organization. It should be clear that for years now the IRS, probably with congressional restraint, has been turning their heads when it comes to Organizations such as Acorn, NEA et al whose mission is to destroy our freedom loving capitalistic society. Maybe we should call or write to our representatives and ask them to review all these organizations with assets greater than $100,000. An annual pamphlet listing these organizations should be published for dissemination to a vigilant public upon asking for same.

Wednesday, September 16, 2009

The Wrong Train Ride

Let’s assume you have been offered a great job in Chicago, but as you hate to fly you decide to take the train to move to your new location. Down to the depot you go, hop on the train which immediately takes off and you settle down in a window seat to view the scenery. Suddenly you realize that the train is headed west to California. Now is the time for decision and action. THE BIG QUESTION... When are you going to get off this train?

Well, fellow Americans, you got on the wrong train back in 1965 when Medicare was adopted, now the politician-porters are trying to convince you that you’ll enjoy for ever the fairyland in the horizon. Since you didn’t do your homework then you have just enough time to get a dose of reality by reading a paper by Steven Hayward and Erik Peterson “ The Medicare Monster” January 1993 Reason Magazine . See how the good intentions then led congress to believe that Medicare deficit would only be $12 billion by 1990 adjusted for inflation but actually became $107 billion.

Now, the new senate plan is only projected to be $880 billion. Get off your duff and off this train: go to the exit door now for the next stop, and do us all a favor and throw out the window immediately any politicians you see on your way!