In spite of having a top notch credit score for two decades, a strong self-employed job for two years next month, a two-income family, and a renter of half our building with the other half being rented in a month or two….I’ve been unable to find any local bank (or even a local "national" bank) willing to refinance so my sis and I can get away from an 8.5 per cent interest mortgage.

HERE’S MY QUESTION: are there ANY banks out there who are less stupid than the ones I’ve gone to and who ARE refinancing and WANT my money??? Can you name them to me? How can I find them without going through ALL the paperwork and time, only to be turned down over and over for one ridiculous reason after another?

PLEASE NOTE: I’m not asking why banks don’t refinance right now. I’ve heard those excuses. I’m just asking if ANY are refinancing commercial loans. lol .
I have no idea what the first answer below is talking about. I didn’t ask if I qualify for a commercial loan. I already HAVE a commercial loan. And getting a "straw buyer" seems like a poor idea. I’m just wanting to know if ANY banks are refinancing commercial loans for low-risk folks like myself, and HOW do I find them??

I have a commercial pocket listing. I told a mortgage lender I know that deal in commercial loans and told him if he had someone interested let me know. He calls me the other day and says he has an interested buyer BUT, there’s always a BUT. But, it’s not his buyer, he has another friend that is a commercial lender and it’s his buyer. The buyer does not have an agent so I will be facilitating the deal. The mortgage lender wants a 3% "finder’s fee" and my friend the lender wants 1% of the total purchase price from me (out of my commission, which is 2.5%), or they won’t bring the buyer to the table. Can the buyer’s lender get a 3% commission, my head and R.E. laws tell me NO, I already know I can’t pay my "friend" the lender 1% since he isn’t licensed? I am extremely perplexed by this, he tells me "it’s done all the time" I had never heard of it.

Can the buyer pay them a finder’s fee? My seller thinks they’re nuts, I am inclined to agree

Thanks for the help!

I had this sent to me, I like this idea instead

I’m against the BILLION bailout of AIG. Instead, I’m in favor of giving ,000,000,000 to America in a "We Deserve It" dividend. To make the math simple, let’s assume there are 200,000,000 bona fide U.S. citizens, aged 18+.
Our population is about 301 million counting every man, woman and child. So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide 200 million, 18+ adults into billion – that equals 5,000.00 each! Yes, my plan is to give that 5,000 to every adult as a "We Deserve It" dividend.
Of course, it would NOT be tax free. So, let’s assume a tax rate of 30%. Everyone would pay 7,500.00 in taxes. That sends .5 billion right back to Uncle Sam! It also means that every adult 18+ has 7,500.00 in their pocket. A husband and wife would have 5,000.00!
What would you do with 7,500.00 to 5,000.00?

Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads.
Put away money for college – it’ll really be there.
Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs .
Invest in the market – capital drives growth.
Pay for your parent’s medical insurance – health care improves.
Enable deadbeat parents to come clean – or else.
Remember this is for every adult U.S. citizen, 18 and older (including the folks who lost their jobs at Lehmann Brothers and every other company that is cutting back) and of course, for those serving in our Armed Forces.
If we’re going to re-distribute wealth let’s really do it! Instead of trickling out a puny ,000.00 "economic incentive".
If we’re going to do an billion bailout, let’s bail out every adult U.S. citizen!
As for AIG – liquidate it.

Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private s ector bargain hunters cut it up and clean it up.
We deserve the money and AIG doesn’t. Sure it’s a crazy idea, but can you imagine the coast-to-coast block party?!
How do you spell Economic Boom? W-e D-e-s-e-r-v-e I-t d-i-v-i-d-e-n-d! I trust my fellow adult Americans to know how to use the Billion "We Deserve It" dividend more than do the ‘geniuses’ at AIG or in Washington, D.C..
And remember, my plan only really costs .5 billion because .5 billion is returned instantly in taxes to Uncle Sam. Good idea? I think so.

The Birk Economic Recovery Plan

I’m totally against the ,000,000,000.00 bailout of AIG. Instead, I’m in favor of giving ,000,000,000 to America in a "We Deserve It" Dividend. To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18+.

So divide 200 million adults 18+ into billon that equals 5,000.00. My plan is to give 5,000 to every person 18+ as a "We Deserve It" Dividend. Of course, it would NOT be tax-free. So let’s assume a tax rate of 30%. Every individual 18+ has to pay 7,500.00 in taxes. That sends ,500,000,000 right back to Uncle Sam. But it means that every adult 18+ has 7,500.00 in their pocket. A husband and wife has 5,000.00.

What would you do with 7,500.00 to 5,000.00 in your family?
Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads
Put away money for college – it’ll be there
Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs
Invest in the market – capital drives growth
Pay for your parent’s medical insurance – health care improves
Enable Deadbeat Dads to come clean – or else

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman20Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny 00.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult U S Citizen 18+, instead of just one company whom are evidently idiots in money management anyway.

As for AIG – liquidate it. Sell off its parts. Let American General go back to being American General. Sell off the real estate. Let the private sector bargain hunters cut it up and clean it up. Here’s my rationale. We deserve it and AIG doesn’t. Sure it’s a crazy idea that can "never work." (or can it?) But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom? I trust my fellow adult Americans to know how to use the Billion "We Deserve It" Dividend more than I do the geniuses at AIG or in Washington DC. And remember, The Birk plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

This was created by a gentleman by the name of T. J. Birkenmeier.

I don’t know about the rest of you, but it sound pretty darn good to me!
I apologize. Unfortunately, I did not verify the mathematics of the Birk Plan. You would be correct about it being 5.00 and not 5,000. Sorry about that.
Actually, if I had my way, we’d give each family ,000,000 dollars, taxed of course, and let them do some of the things that Birk pointed out in his plan.

Imagine the possibilities!

Instead of bailing out AIG,
I’m in favor of giving ,000,000,000 to America in a
"We Deserve It For the BS" Dividend.

To make the math simple,
let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child.
So 200,000,000 might be a fair stab at adults 18 and up.
So divide 200 million adults 18+ into billon that equals 5,000 each
My plan is to give 5,000 to every person 18+

Of course, it would NOT be tax free.
So let’s assume a tax rate of 30%.
Every individual 18+ has to pay 7,500.00 in taxes.

That sends ,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has 7,500.00 in their pocket.
A husband and wife has 5,000.00.

What would you do with 7,500.00 to 5,000.00 in your family?

Pay off your mortgage = housing crisis solved.
Repay college loans = what a great boost to new grads
Put away money for college = it’ll be there
Save in a bank = create money to loan to entrepreneurs.
Buy a new car = create jobs
Invest in the market = capital drives growth
Pay for your parent’s medical insurance = health care improves
Enable Deadbeat Dads to come clean = or else

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny 00.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG, liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.
Sure it’s a crazy idea that wil never be.
But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the Billion

And remember, this plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Now doesn’t this sound better than bailing out AIG?

To ahandle101
You did not catch a math mistake, you caught a typing mistake. Not to worry, I’ll start typing with my other foot now. Eventually I will get up to both feet.

..
You know we don’t have 200 billion people in the country yet.
To Jake
Any time someone wants to give me 5,000 and take 30% of it back, I am all for it. I am a "Glassis half full" type of guy. You appear to be a "Glass is half empty"

..

Subject: Economic Recovery Plan

This idea sounds just crazy enough to possibly work, so naturally it won’t be given serious consideration. How great is our bureaucracy!!

An ,000,000,000.00 bailout of AIG??

Instead, how about giving ,000,000,000 to America in a "We Deserve It Dividend".

To make the math simple, let’s assume there are 200,000,000 bonafided U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into billion that equals 5,000.00.

My plan is to give 5,000 to every person 18+ as a We Deserve It Dividend.

Of course, it would NOT be tax free.

So let’s assume a tax rate of 30%.

Every individual 18+ has to pay 7,500.00 in taxes.

That sends ,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has 7,500.00 in their pocket.

A husband and wife has 5,000.00.

What would you do with 7,500.00 to 5,000.00 in your family?

Pay off your mortgage – housing crisis solved.

Repay college loans – what a great boost to new grads

Put away money for college – it’ll be there

Save in a bank – create money to loan to entrepreneurs.

Buy a new car – create jobs

Invest in the market – capital drives growth

Pay for your parent’s medical insurance – health care improves

Enable Deadbeat Dads to come clean – or else

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny 00.00 ( ‘vote buy’ ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG – liquidate it.

Sell off its parts.

Let American General go back to being American General.

Sell off the real estate.

Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can ‘never work.’

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the Billion

We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC

And remember, this plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

http://www.washingtontimes.com/news/2008/oct/18/whistleblower-hits-obama-friends-appraisal/

"In a complaint filed Thursday in the Circuit Court of Cook County, Kenneth J. Connor said that his reappraisal of Rita Rezko’s property was replaced with a higher one and that he was fired when he questioned the document.

Mr. Connor, a real estate and commercial credit analyst at the Mutual Bank Corp. in Chicago, also noted in the complaint that the bank received a grand jury subpoena in October 2006 requiring it to produce information concerning Mrs. Rezko’s purchase, including the bank’s files on the property.

The complaint also said that the grand jury wanted information on Mrs. Rezko’s checking account and loan file and that the Federal Deposit Insurance Corp. (FDIC) had audited the Rezko file – although Mr. Connor’s lower reappraisal had been replaced with a higher amount. "

Subject: WE DESERVE IT DIVIDEND

I’m against the ,000,000,000.00 bailout of AIG.

Instead, I’m in favor of giving ,000,000,000 to America in
a "We Deserve It Dividend."

To make the math simple, let’s assume there are 200,000,000
bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman
and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into billon that equals 5,000.00.

My plan is to give 5,0 00 to every person 18+ as a
"We Deserve It Dividend."

Of course, it woul d NOT be tax free.
So let’s assume a tax rate of 30%.

Every individual 18+ has to pay 7,500.00 in taxes.
That sends ,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has 7,500.00 in their pocket.
A husband and wife has 5,000.00.

What would y ou do with 7,500.00 to 5,000.00 in your family?
Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads
Put away money for college – it’ll be there
Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs
Invest in the market – capital drives growth
Pay for your parent’s medical insurance – health care improves
Enable Deadbeat Dads to come clean or else

Remember this is for every adult U S Citizen 18+ including the folks
who lost their jobs at Lehman Brothers and every other compan y
that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out
a puny 00.00 economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG – liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can work.

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow ad ult Americans to know how to use the Billion
"We Deserve It Dividend" more than the geniuses at AIG or in Washington DC .
And remember, The Family plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Ahhh…I feel so much better getting that off my chest.

I received an email the other day with this rational. Of course it won’t work, but its still nice to think about it.

I’m against the ,000,000, 000.00 bailout of AIG. (That’s 85 BILLION DOLLARS).

Instead, I’m in favor of giving ,000,000, 000 to America in a "We Deserve It Dividend". To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up. So divide 200 million adults 18+ into billon that equals 5,000.00.

My plan is to give 5,000 to every person 18+ as a "We Deserve It Dividend". Of course, it would NOT be tax-free.

So let’s assume a tax rate of 30%. Every individual 18+ has to pay 7,500.00 in taxes. That sends ,500,000, 000 right back to Uncle Sam. But it means that every adult 18+ has 7,500.00 in their pocket.

A husband and wife has 5,000 .00. What would you do with 7,500.00 to 5,000.00 in your family?

Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads
Put away money for college – it’ll be there
Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs
Invest in the market – capital drives growth
Pay for your parent’s medical insurance – health care improves
Enable Deadbeat Dads to come clean – or else

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny 00.00 ( ‘vote buy’ ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult US Citizen 18+!

As for AIG – liquidate it. Sell off its parts. Let American General go back to being American General. Sell off the real estate. Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can ‘never work.’

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the Billion "We Deserve It Dividend" more than I do the geniuses at AIG or in Washington DC .

And remember, The Family plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Ahhh…I feel so much better getting that off my chest.

Kindest personal regards,
A Creative Guy & Citizen of the Republic
I am not saying its perfect or that I made it up! I received it on an email and it is the way the average citizen feels…just an idea…dang!!

And Fatima…I do understand the bail out of the banking system…as much as the next person…as much as the politicians want us to understand. Geez, girl…obviously you take this answers stuff TOO seriously!

I’m against the ,000,000, 000.00 bailout of AIG.

Instead, I’m in favor of giving ,000,000, 000 to America in a
"We Deserve It Dividend".

To make the math simple, let’s assume there are 200,000,000
bonafide U.S. Citizens 18+. (200 million)

Our population is a bout 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into billon that equals
5,000.00 per each adult.

My plan is to give 5,000 to every person 18+ as a
"We Deserve It Dividend".

Of course, it would NOT be tax free.

So let’s assume a tax rate of 30%.

Every individual 18+ has to pay 7,500.00 in taxes.

That sends ,500,000, 000 right back to Uncle Sam.

But it means that every adult 18+ has 7,500.00 in their pocket.

A husband and wife has 5,000 .00.

What would you do with 7,500.00 to 5,000.00 in your family?

Pay off your mortgage – housing crisis solved.

Repay college loans – what a great boost to new grads

Put away money for college – it’ll be there

Save in a bank – create money to loan to entrepreneurs.

Buy a new car – create jobs

Invest in the market – capital drives growth

Pay for your parent’s medical insurance – health care improves

Enable Deadbeat Dads to come clean – ends the welfare crisis

Remember this is for every adult U S Citizen 18+ including the folks
who lost t heir jobs at Lehman Brothers and every other company
that is cutting back. And of course, for those serving in our Armed
Forces.

If we’re going to re-distribute wealth le t’s really do it…instead of
trickling out a puny 00.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult
U S Citizen 18+!

As for AIG – liquidate it. Sell off its parts.

Let American General go back to being American General.

Sell off the real estate.

Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Su re it’s a crazy idea that can "never work."

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the Billion
"We Deserve It Dividend" more than I do the geniuses at AIG or in
Washington DC .

And remember, The Family plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Ahhh…I feel so much better getting that off my chest.

I got this email yesterday and thought it was a GREAT idea! What do you think?:

I’m against the ,000,000,000.00 bailout of AIG. Instead, I’m in favor of giving ,000,000,000 to America in a "We Deserve It Dividend." To make the math simple, let’s assume there are 200,000,000 bona fide U.S. Citizens 18 and over. Our population is about 301,000,000 ± counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up. So divide 200 million adults 18 and up into billion that equals 5,000.00.

My plan is to give 5,000 to every person 18 and up as a "We Deserve It Dividend." Of course, it would NOT be tax free. So let’s assume a tax rate of 30%. Every individual 18 and up has to pay 7,500.00 in taxes.

That sends ,500,000,000 right back to Uncle Sam.

But it means that every adult 18 and up has 7,500.00 in their pocket. A husband and wife has 5,000.00. What would you do with 7,500.00 to 5,000.00 in your family? Pay off your mortgage – housing crisis solved.

Repay college loans – what a great boost to new grads Put away money for college – it’ll be there Save in a bank – create money to loan to entrepreneurs. Buy a new car – create jobs. Invest in the market – capital drives growth Pay for your parent’s medical insurance – health care improves Enable Deadbeat Dads to come clean – or else.

Remember this is for every adult U S Citizen 18 and up including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny ,000.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President. If we’re going to do an billion bailout, let’s bail out every adult US Citizen 18 and up!

As for AIG – liquidate it. Sell off its parts. Let American General go back to being American General. Sell off the real estate. Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t. Sure it’s a crazy idea that can "never work." But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the Billion "We Deserve It Dividend" more than I do the geniuses at AIG or in Washington DC. And remember, The Birk plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Come on people…this was JUST FOR FUN! Geesh…you would think this forum was to be taken seriously or something! lol

Being partially self employed at the whim of clients and struggling to obtain a better license to move foreward in career(commercial appraiser trainee). Feeding a family of 5, 2 dogs, 2 rabbits. Cut expenses to the bones and looking at being out on the street in 30 days.

As usual most will say go get a job. Here is your answer to that I have 2. Just no orders coming in on the residential and commercial side. One order for residential = 1 weeks pay for minimum wage. 1 Commercial job = 1 month minimum. So a part time job would be replaced rather eaisly. Over qualified for most jobs and most wont hire you because of that fact even for part time work. And yes I have applied.

As far as public assistance Answer from the "You are not entitled because you are self employed". So I pay taxes for benefits I can’t recieve. How do you like that? They take to give to people who dont want to work and can’t give to the people who do want to work and can work and do work.

I saw someone post similar question and everyone was GET A JOB!.

Find out the circumstances first. Take all of your money out of your pocket out of your bank account and no access to it. Further place yourself at an age 40-50 ish and place yourself with out parents both dead and both grandparents gone and your an only child. Spouse has parents but have given all help they can. Then realize that you have not the funding to propel your vehicle to do work when you can and not being able to get public assistance for just a short get me over the hump and this plagues your credit so much you cannot get a loan to help out. All the while you have reduced expenses to Rent, 1 auto payment, utilities (electric), phone and internet (necessity for work sending orders electronically and using net based services for your work).

Then pass your judgement.

So What would and what could you do?
Edit. #1

I hear what your saying cutting grass. (market cornered in maryland by day labor and most people do it themselves.) Pick up dead animals (covered by county employees.)
I also have not been sitting around doing nothing. I have been applying but over qualified most cases even part time just to get by. It’s beyond frustrating.

As for the person who I came here to train under. He has been a godsend. He however cannot control the orders coming in.

I may feel sorry for my self some but I know there are others worse off than I even though we will be out on the street within 30 days and no place to go and no assistance available because "your self employed".

Options are nearly exhausted and funding gone. Not even child care available.

Signed
Hopeless in Maryland.

Thank you for the input. It is much appreciated.

I stole this from another person on y/a. Could you please tell me why this wouldn’t work.Open QuestionShow me another »
What to do with Billion?
Instead of bailing out AIG,
I’m in favor of giving ,000,000,000 to America in a
"We Deserve It For the BS" Dividend.

To make the math simple,
let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child.
So 200,000,000 might be a fair stab at adults 18 and up.
So divide 200 million adults 18+ into billon that equals 5,000 each
My plan is to give 5,000 to every person 18+

Of course, it would NOT be tax free.
So let’s assume a tax rate of 30%.
Every individual 18+ has to pay 7,500.00 in taxes.

That sends ,500,000,000 right back to Uncle Sam.
But it means that every adult 18+ has 7,500.00 in their pocket.
A husband and wife has 5,000.00.

What would you do with 7,500.00 to 5,000.00 in your family?

Pay off your mortgage = housing crisis solved.
Repay college loans = what a great boost to new grads
Put away money for college = it’ll be there
Save in a bank = create money to loan to entrepreneurs.
Buy a new car = create jobs
Invest in the market = capital drives growth
Pay for your parent’s medical insurance = health care improves
Enable Deadbeat Dads to come clean = or else

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny 00.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG, liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.
Sure it’s a crazy idea that wil never be.
But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?
I trust my fellow adult Americans to know how to use the Billion

And remember, this plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Now doesn’t this sound better than bailing out AIG?

13 minutes ago – 3 days left to answer.

McCain on the Housing Crisis: Quick, Do Nothing!
Don’t just do something, stand there! And wait for somebody else to suggest a course of action.

That appears to be John McCain’s approach to the housing credit crisis. On Tuesday, he delivered what his campaign billed as a major address on the housing crisis. What made it notable was that it contained nothing notable.

McCain started off stating the obvious: there was a housing bubble: "speculators move into markets, and these players begin to suspend the normal rules of risk and assume that prices can only move up — but never down….The normal market forces of people buying and selling their homes were overwhelmed by rampant speculation. Our system of market checks and balances did not correct this until the bubble burst." Lenders went wild and some Americans bought homes they could not afford. And, he added, "the housing bubble was made worse by a series of complex, interconnected financial bets that were not transparent or fully understood….Because managers did not fully understand the complex financial instruments and because there was insufficient transparency when they did try to learn, the initial losses spawned a crisis of confidence in the markets."

Anyone who watches a cable business show–even only during the commercial breaks on American Idol–knows this. The question is, what would a President McCain do about it. Short answer: not much.

"I will not play election year politics with the housing crisis," he declared, adding, "I have always been committed to the principle that it is not the duty of government to bail out and reward those who act irresponsibly, whether they are big banks or small borrowers." That’s a fine sentiment. Tough love. Let the markets take care of things. But does he have any idea how to make the system work better? How to make sure that people victimized by predatory lenders have a shot at solvency? How to ensure that whole neighborhoods don’t collapse?

Not really. Instead McCain only offered guidelines for what might be acceptable; he did not offer any specific initiatives:

In our effort to help deserving homeowners, no assistance should be given to speculators. Any assistance for borrowers should be focused solely on homeowners, not people who bought houses for speculative purposes, to rent or as second homes. Any assistance must be temporary and must not reward people who were irresponsible at the expense of those who weren’t. I will consider any and all proposals based on their cost and benefits.
He called for greater transparency and a high standard of ethics in the mortgage business and noted that home buyers ought to provide "responsible" down payments. "I am prepared to examine new proposals and evaluate them based on these principals," McCain said. In other words, let someone else come up with a good idea.

McCain did call for a "meeting of the nation’s accounting professionals," and he urged the top mortgage lenders "to do everything possible to keep families in their homes and businesses growing." But his general approach was clear: hands off. He’s not offering much to voters who are hurting financially or nervous about the housing crisis.

If this is a preview of McCain’s fall campaign, Democrats ought to be heartened. Assuming that economic insecurity will be an issue in the general election, will voters be hankering for a laissez-faire champion who says that the markets will sort it all out and who is willing to do no more than to beseech big financial firms to do right by the little guy and gal? McCain’s speech signaled he might be even less of an economic activist than George W. Bush. If so, that could set up a fall contest reminiscent of the Bill Clinton-George Bush match of 1992–whether or not a Clinton is involved.

I qualify for residential loan and I currently own a home..someone said I could use the equity…I’m new at buying a commercial property and I simply want to use 1 of the buildings for an art gallery and the other building as a small house…the other building is already a "house" w/ bedroom, kitchen, bathroom, etc. The property is in Harris/Houston…they have very few zoning restrictions as it is.

This is a little long, sorry, but I thought it was kinda funny how an "Average Joe" can make so much sense.

The Birk Economic Recovery Plan

Hi Pals,

I’m against the ,000,000,000.00 bailout of AIG.

Instead, I’m in favor of giving ,000,000,000 to America in a ‘We Deserve It Dividend’.

To make the math simple, let’s assume there are 200,000,000 bon-a-fide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into billon that equals 5,000.00.

My plan is to give 5,000 to every person 18+ as a ‘We Deserve It Dividend’.

Of course, it would NOT be tax free. So let’s assume a tax rate of 30%.

Every individual 18+ has to pay 7,500.00 in taxes. That sends ,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has 7,500.00 in their pocket. A husband and wife has 5,000.00.

What would you do with 7,500.00 to 5,000.00 in your family?
Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads
Put away money for college – it’ll be there
Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs
Invest in the market – capital drives growth
Pay for your parent’s medical insurance – health care improves
Enable Deadbeat Dads to come clean – or else

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny 00.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG – liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can "never work."

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the Billion ‘We Deserve It Dividend’ more than I do the geniuses at AIG or in Washington DC .

And remember, The Birk plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Ahhh…I feel so much better getting that off my chest.

Kindest personal regards,

Birk

T. J. Birkenmeier, A Creative Guy & Citizen of the Republic

PS: Feel free to pass this along to your pals as it’s either good for a laugh or a tear or a very sobering thought on how to best use Billion!!

[clue: Before you accuse "you people" of being illiterate, please check your grammar and punctuation first.]

This was meant as a joke; obviously I placed it in the wrong place. My appologies.
Sorry typo, I meant apologies.

I talked to one "businessman" who wants to borrow money at 100% interest rate. He says that in California there is no limit on hard money loans. Is he trying to scam people?

>
>
> Here’s a plan to solve the current economic crisis, what do you
think?
>
> Here’s a plan lots of folks could get behind!!!
> ================================
> I’m against the BILLION bailout of AIG. Instead, I’m in
favor of
giving ,000,000,000 to America in a "We Deserve It" dividend. To
make the
math simple, let’s assume there are 200,000,000 bona fide U.S. Citizens,
aged 18+.
>
> Our population is about 301 million counting every man, woman and
child. So, 200,000,000 might be a fair stab at adults 18 and up. Now, divide
200 million, 18+ adults into billon – that equals 5,000.00 each!
Yes, my plan is to give that 5,000 to every adult as a "We Deserve
It"
dividend.
>
> Of course, it would NOT be tax free. So, let’s assume a tax rate
of
30%. Every recipient would pay 7,500.00 in taxes. That sends .5
billion right back to Uncle Sam! It also means that every adult 18+ has
7,500.00 in their pocket. A husband and wife would have 5,000.00!
>
> What would you do with 7,500.00 to 5, 000.00?
> . Pay off your mortgage – housing crisis solved
> . Repay college loans – what a great boost to new grads
> . Put away money for college – it’ll really be there
> . Save in a bank – create money to loan to entrepreneurs
> . Buy a new car – create jobs
> . Invest in the market – capital drives growth
> . Pay for your parent’s medical insurance – health care
improves
> . Enable Deadbeat Dads to come clean – or else
>
> Remember this is for every adult U.S. Citizen, 18 and older
(including the folks who lost their jobs at Lehmann Brothers and every other
company that is cutting back) and of course, for those serving in our Armed
Forces.
>
> If we’re going to re-distribute wealth let’s really do it!
Instead
of trickling out a puny ,000 economic incentive.
>
> If we’re going to do an billion bailout, let’s bail out
every
adult U.S. Citizen!!
>
> As for AIG – liquidate it.
> . Sell off its parts.
> . Let American General go back to being American General.
> . Sell off the real estate.
> . Let the private sector bargain hunters cut it up and clean
it up.
>
> We deserve the money and AIG doesn’t. Sure it’s a crazy
idea, but
can you imagine the coast-to-coast block party?!
>
> How do you spell Economic Boom? W-e D-e-S-e-R-v-e I-t
d-I-v-I-d-e-n-d!
>
> I trust my fellow adult Americans to know how to use the Billion
"We Deserve It" dividend more than I do the geniuses at AIG or in
Washington, D.C.
>
> And remember, this plan only really costs .5 billion because
.5 billion is returned instantly in taxes to Uncle Sam.
>
>

I have a start-up business. I haven’t sold or bought anything, due to the fact I don’t have any start-up funds. I have never used a credit card so I have no clue what my credit score is or even if i have one. I need a line of credit of at least 0,000. I don’t have anything to use as collateral except stock in my company. Where can I get a line of credit that my business would qualify for? And yes I do have a business plan.
My business plan has down a Line of Credit as the source of start-up funds and/or investors i.e. selling shares of the company. But regardless I need at least 0,000 to start it up.
I live in Idaho. Hopefully that covers enough informationwithout me having to make to many "Add details" hehe.

IT WORKS FOR ME! Where do we go to sign the Petition?????
I’m against the ,000,000,000.00 bailout of AIG.

Instead, I’m in favor of giving ,000,000,000 to America in a "We Deserve It Dividend".

To make the math simple, let’s assume there are 200,000,000 bonafide U.S.A Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into billon that equals 5,000.00.

My plan is to give 5,000 to every person 18+ as a We Deserve It Dividend.
Of course, it would NOT be tax free.
So let’s assume a tax rate of 30%.

Every individual 18+ has to pay 7,500.00 in taxes.
That sends ,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has 7,500.00 in their pocket.
A husband and wife has 5,000.00.

What would you do with 7,500.00 to 5,000.00 in your family?
Pay off your mortgage – housing crisis solved.
Repay college loans – what a great boost to new grads Put away money for college – it’ll be there Save in a bank – create money to loan to entrepreneurs.
Buy a new car – create jobs Invest in the market – capital drives growth Pay for your parent’s medical insurance – health care improves Enable Deadbeat Dads to come clean – or else Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehmann Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny 00.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG – liquidate it.
Sell off its parts.
Let American General go back to being American General.
Sell off the real estate.
Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can "never work."

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the Billion We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC.

And remember, The Birk plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Ahhh…I feel so much better getting that off my chest.

Kindest personal regards,

Birk Birkenmeier, A Creative Guy & Citizen of the Republic

I’m against the ,000,000,000.00 (BILLION) bailout of AIG.

Instead, I’m in favor of giving ,000,000,000 to American citizens in a " We Deserve It " Dividend.

To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.

Our population is about 301,000,000 +/- counting every man, woman and child. So 200,000,000 might be a fair stab at adults 18 and up..

So divide 200 million adults 18+ into billion that equals 5,000.00.

My plan is to give 5,000 to every person 18+ as a " We Deserve It " Dividend.

Of course, it would NOT be tax free.

So let’s assume a tax rate of 30%.

Every individual 18+ has to pay 7,500.00 in taxes.

That sends ,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has 7,500.00 in their pocket.

A husband and wife has 5,000.00.

What would you do with 7,500.00 to 5,000.00 in your family?

Pay off your mortgage – housing crisis solved.

Repay college loans – what a great boost to new grads

Put away money for college – it’ll be there

Save in a bank – create money to loan to entrepreneurs.

Buy a new car – create jobs

Invest in the market – capital drives growth

Pay for your parent’s medical insurance – health care improves

Enable Deadbeat Dads to come clean – or else

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny 00.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG – liquidate it.

Sell off its parts.

Let American General go back to being American General.

Sell off the real estate.

Let the private sector bargain hunters cut it up and clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can "never work."

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the Billion

We Deserve It Dividend more than I do the geniuses at AIG or in Washington DC .

And remember, The Birk plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

I DID NOT COMPOSE THIS ! i only seen it and pasted it.
IT"S A JOKE you people, A JOKE !!!!

Now here’s a bail out plan that works!

I’m against the ,000,000,000 bailout of AIG.

Instead, I’m in favor of giving ,000,000,000 to America in a "We Deserve It Dividend".

To make the math simple, let’s assume there are 200,000,000 bonafide U.S. Citizens 18+.

Our population is about 301,000,000 ± counting every man, woman and child. So 200,000,000 might b e a fair stab at adults 18 and up.

So divide 200 million adults 18+ into billon that equals 5,000.00.

My plan is to give 5,000 to every person 18+ as a "We Deserve It Dividend".

Of course, it would NOT be tax free.

So let’s assume a tax rate of 30%.

Eve ry individual 18+ has to pay 7,500.00 in taxes.

That sends ,500,000,000 right back to Uncle Sam.

But it means that every adult 18+ has 7,500.00 in their pocket.

A husband and wife has 5,000.00.

What would you do with 7,500.00 to 5,000.00 in your family?

Pay off your mortgage – housing crisis solved.

Repay college loans – what a great boost to new grads

Put away money for college – it’ll be there

Save in a bank – create money to loan to entrepreneurs.

Buy a new car – create jobs

Invest in the market – capital drives growth

Pay for your parent’s medical insurance – health care improves

Remember this is for every adult U S Citizen 18+ including the folks who lost their jobs at Lehman Brothers and every other company that is cutting back. And of course, for those serving in our Armed Forces.

If we’re going to re-distribute wealth let’s really do it…instead of trickling out a puny 00.00 ( "vote buy" ) economic incentive that is being proposed by one of our candidates for President.

If we’re going to do an billion bailout, let’s bail out every adult U S Citizen 18+!

As for AIG – liquidate it.

Sell off its parts.

Let American General go back to being American General.

Sell off the real estate.

Let the private sector bargain hunters cut it up a nd clean it up.

Here’s my rationale. We deserve it and AIG doesn’t.

Sure it’s a crazy idea that can "never work."

But can you imagine the Coast-To-Coast Block Party!

How do you spell Economic Boom?

I trust my fellow adult Americans to know how to use the Billion "We Deserve It Dividend" more than I do the geniuses at AIG or in Washington DC.

And remember, this plan only really costs .5 Billion because .5 Billion is returned instantly in taxes to Uncle Sam.

Ahhh…I feel so much better getting that off my chest.

You don’t want to even hear what I think about the stupid mortgage companies that loaned out billions of dollars to people who they knew had no way of paying back the loans, with both sides of the equation interested in one thing…fast money.

But it didn’t work, and now we’re supposed to bail out those idiots too???

Kindest personal regards,

Fr. Dave Adams

—————————————-

Note: How is this any crazier than the plan already before congress?
BTW – I do realize this is a joke…
Like I said… I merely copied and pasted this without checking the math…

"Federal Deposit Insurance Corp. Chairman Sheila Bair said she expects her agency will finance as much as 0 billion in purchases of residential and commercial real estate loans."

I’m sorry, can some other please read this news story from yesterday very, very, very carefully, and tell me, does it or does it not explain that a private investor can put up 00 and acquire 0,000 worth of real estate with the government matching 00 and loaning ,000 from the FDIC?

http://news.yahoo.com/s/ap/20090324/ap_on_go_ca_st_pe/bank_rescue_88

So, for ,000, a private investor can acquire a 0,000 property, forget the ,000 matching grant, and slowly repay the government 2,000?

What happens if that investor defaults? Who covers the loan payments to the FDIC so that it will stay solvent?

Since when does the FDIC make billions in loans?

The last I read about the FDIC a few months ago said it did not have enough money then to cover everyone’s deposits if the banks all collapse.

Why then would it be tapped to send 0 billion out its doors on a dubious economic rescue plan with full understanding that the whole plan is a risk and may fail?

The rich bankers will get their money from the government loans as speculators and the naive rush to get these properties that they won’t be ablle to make money off of in this economy — lol, the banks cannot make money off of them, by what magic will the private investor using government money to get them from the banks be able to make money off them?

So, the banks and those who own them will be held up for awhile, but when the problem behind this economic mess is not truly addressed, they will run the risk of failing again and there will be no money in the FDIC to cover the consumer’s deposits? But the rich will have their money, courtesy of 0 billion from the FDIC?

Oh my.

Is that what is happening here?

I would really like to get into real estate investing, but do not have the funding available to me.

I am not new to real estate and have worked with pre-foreclosures before. I used to find them, work out deals (sometimes short-sales) with the banks and then submit them to a network of buyers that I am affiliated with.

What I want to do now, however, is invest in real estate for myself rather than collecting small finders fees after doing all the work. I am an expert at finding nice properties for pennies on the dollar, but am unable to purchase these properties myself because of a lack of funds.

This would not be as big of a problem if it weren't for my own poor credit score. Which makes it impossible for me to secure a loan using traditional techniques. So what would be required is either a true "equity based" loan or "no doc" loan; or a private investor.

Does anyone know how I can get money to make these investments, i.e. private loans, hard money, etc. and more specifically how to get in touch with them?

Thank you in advance.