ACORN Housing Corporation Statistics

AHC Stats 1986-2006


Clients counseled

250,226

Mortgages created

79,539

Mortgage Amount

$10,080,912,633

Clients educated

284,758

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.

http://www.acornhousing.org/index.php

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.

Tax Exempt Organization

Tax Exempt Foundations:

http://www.irs.gov/instructions/i1023/ar01.html


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.

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 www.reason.com/news/show/29339.html . 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!

A Senior's Take On Medicare

As a seventy-one year old retiree I believe Medicare as we know it today should be phased out. The total that each individual has thus far contributed has been tracked by the social security administration. These funds with no allowed accrued interest should be considered vested at various rates based upon age. The government should issue zero coupon bonds which would mature at age 65 to all individuals who choose to have an MSA. Vested percentages would start at age 25 at 3% increasing proportionately to 75% by age 50. Those individuals over 50 at the time of inception of this plan would have the option to receive Medicare benefits at age 65 at today’s rate with no future cola allowances. Current recipients now receiving Medicare could be phase out as they reach room temperature.

The only feature under the current Medicare model that is worthwhile is the Advantage plans where by some insurance companies assume the contractual liability for workers Payroll taxes that have been incurred for Medicare since 1965. Current retirees on these plans should be allowed to redirect 80% of this premium (No Obama, it’s not a subsidy) to their own Health Savings Accounts. This feature alone could save $17 billion dollars a year.

Is Common Sense Dead

Yesterday, I finally got up the energy and determination to get my tri-annual check up with Dr O’Bama (he’s 1/8th Irish). The good doctor told me that I was grossly overweight, sluggish and immobile and a victim of that evil profit making fast food industry. His prognosis was either liposuction or a visit to his associate Dr Kervokian down the hall. I was not comfortable with his assessment and decided to get a second opinion. I decided to see Dr Du Quack whom my eccentric neighbor assured me he would look at more than my symptoms and get at the cause of my problem. Whoa, after a brief review of my background and daily routine he told me that if I followed a recommended diet and start an exercise program I could slowly regain my youthful physique. The cause of my health problems was my own overeating. Then he said that you did not just get in your condition overnight you’ll need to get back where you should be with a slow and methodical approach.

Signed’
Americus Commonie Sensical.

A Simple Healthcare Bill

A Simple Health Care Bill

1) Quadruple Current Healthcare Contribution Limits for HSA's from $3000/$5950 to $12000/$24000 for self or family in addition to any employer contribution.
2) In addition to currently allowed coverage expenditures, allow for purchase of medical catastrophe insurance coverage. Minimum deductible equal to poverty limit.
3) Furthermore allow interest free loans or gifts from one HSA to any other HSA.
4) In recognition of current and future retirees prior funding of Medicare coverage, allow age 65 or orders individuals to receive 60% of the average monthly Advantage (Currently estimated at $700 per month) to be deposited in their respective HSA’s for electing out of government plan.
5) Provide HSA’s to families in the form of Health stamps for all lawful citizens whose annual income are less than 150% of poverty level.
6) Establish a Non-governmental organization (similar to Center for Health Transformation) with $10 Billion (decreasing to $1 Billion) for ten years for funding to set up standardization of medical records for mining purposes etc, but restricting access of individual records to patient and doctor only.