Political

Bill Gates – Depopulation Through Vaccines

5 minute excerpt
…

America Rising: An Open Letter to Democrat Politicians

America Rising: An Open Letter to Democrat Politicians

Read more...

United States Constitution Article 1

Article I Section 1. All legislative powers herein granted shall be vested in a Congress of the United States, which shall consist of a Senate and House of Representatives. Section 2. The House of Representatives shall be composed of members chosen every second year by the people of the several states, and the electors in each state shall have the qualifications requisite for electors of the most numerous branch of the state legislature. No person shall be a Representative who shall not have attained to the age of twenty five years, and been seven years a citizen of the

Read more...

Home Refinance and Loan Modifications

A home loan program should be created to provide all homeowners, especially the majority of those who are current on their monthly mortgage payments, with the ability to refinance their existing home loan.  The new loan could be with either their existing lender or a new FHA-guaranteed lender at a lower 4.0% fixed interest rate, 30-year fully amortizing loan, with no prepayment penalty and total refinancing loan fees and all closing and escrow costs not to exceed 2% of the new refinancing loan amount.  Those homeowners Read more…

The Government Should Purchase the Existing Mortgage-Backed Securities.

The Government Should Purchase the Existing Mortgage-Backed Securities. In order to help stabilize and bring liquidity and confidence back to the market and to help “Main Street,” not just Wall Street, the Federal Government should purchase the existing mortgage-backed securities, or at least the “toxic” ones where a significant percentage of the loans have defaulted.  The Government should Read more…

Reduce All Taxes.

Reduce All Taxes. All taxes, including capital gains tax, should be reduced across the board to stimulate growth, investment and unleash the American entrepreneurial spirit.  Any federal tax reduction should include a provision that prevents the states from simply increasing their taxes to eliminate the benefit of a federal tax cut.  Waste in all Government Read more…

Institute a Real Genuine Energy Independence Program.

Institute a Real Genuine Energy Independence Program.   The Government should implement a new Energy Independence Program that will permit America, without environmental obstacles and delays, to immediately start drilling for oil HERE & NOW in the U.S.A.  All areas showing real potential to yield oil, Read more…

Adopt Reasonable Reforms & Regulations / Invest in a National Public Works Program

Adopt Reasonable Reforms & Regulations.   Reasonable reforms and regulations should be developed to provide prudent oversight to avoid the mistakes and abuses of the past; but the regulations should permit and even encourage the free enterprise system to thrive, Read more…

Temporary Suspension for 3 to 6 Months of the Federal Payroll Withholding Tax.

Temporary Suspension for 3 to 6 Months of the Federal Payroll Withholding Tax.   In order to increase the average worker’s take-home pay by 20% to 25%, and thereby increasing disposable income back into the economy, the Federal Payroll Withholding Tax should be suspended for three to six months.  Read more…

Credit Card Interest-Free Holiday.

Credit Card Interest-Free Holiday.   A temporary suspension of all credit card interest for one year to both encourage responsible consumer stimulus spending and also assist all credit card debtors to pay down, reduce and/or pay off entirely their credit card debt. Credit card companies would be paid 6% interest on all the outstanding pre-existing credit card debt at the time and date of the implementation of this One-Year Credit Card Interest-Free Holiday for one year. Cardholders would have a choice as to whether or not they opt into a Special Repayment Program. For those who do opt into the Special Repayment Program, there could be specific requirements, (for example, to encourage possible credit card debt counseling and learning the Dave Ramsey principles of how to get out of debt) to help the cardholders be more responsible with personal finances and to encourage the cardholders and the credit card companies to negotiate in good faith to reach a realistic repayment program:

(a) The cardholders who freely choose to opt in to the Special Repayment Program would agree that during the one-year period of the Credit Card Interest-Free Holiday, they would not accumulate any new credit card debt until all of their existing credit card debt is paid off in full.

(b) While the cardholders are not paying interest for one year, they would be required to pay a minimum monthly payment of 5% of their outstanding credit card balance; and under some special hardship cases, the minimum monthly payment could be less as negotiated and agreed to between the cardholder and the credit card company. Each monthly payment shall be applied first to the oldest “principal” charges on the credit card, thus reducing on a monthly basis the interest payments required to be made by the Government (WE, the Taxpayers).

(c) As soon as the credit card balance is paid off, any new credit card debt would bear interest at a rate not to exceed 6% per annum on the unpaid balance during the Credit Card Interest-Free Holiday period and not to exceed 9% per annum after the One-Year Credit Card Interest-Free Holiday time period; and, of course, if the cardholder pays the monthly credit card charges in full each month by the due date, no interest will be charged or paid.

Commencing with the implementation of the One-Year Credit Card Interest-Free Holiday, the following credit card fees and limitations would apply for all new credit card debt and for all existing credit card debt of consumers who do not opt into the One-Year Credit Card Interest-Free Holiday Special Repayment Program:

(d) For the one-year period during the Credit Card Interest-Free Holiday, interest on all pre-existing credit card debt shall be paid by the Government to all credit card companies predicated on 6% per annum. Any and all new credit card charges and debt incurred after the date and time of the implementation of this Credit Card Interest-Free Holiday shall be paid by the cardholder and shall be subject to interest at 6% per annum on the unpaid balance during the One-Year Credit Card Interest-Free Holiday. Interest on credit card charges shall not exceed 9% per annum after the expiration of the one-year holiday time period. As is the case now, for those cardholders who pay their monthly credit card charges in full on time, there will be no interest rate charges. The grace period for payment cannot be less than 20 calendar days.

(e) Commencing with the implementation of the One-Year Credit Card Interest-Free Holiday and thereafter, the minimum monthly payment required for all outstanding credit card debt shall be 5 percent of the monthly credit card debt balance.

(f) Credit card companies will be limited to initiation and annual renewal fees in a range between $0 to $125, to allow flexibility for those who have better credit card payment history and credit.

(g) Late payment fees shall not exceed $10 per month.

(h) No new charges of any description could be charged by the credit card company to the consumer for the right to have and maintain a credit card. However, credit card companies could require reasonable credit criteria for issuing credit cards.

The laws governing unlawful debt collection practices should be greatly strengthened and modified to prevent existing and future abuses.

The cost. The Government is already subsidizing most Banks with troubled credit card debt. It is only fair that the Taxpayers expect and demand in return that the obscene interest rates and fees be curtailed, the abusive collection tactics stopped, and consumers get a reasonable break to be able to pay off their credit card debt.

The current estimated outstanding credit card debt in America is approximately $900 billion. Assuming a 6% fixed interest rate that the Government would pay all banks and credit card companies on the pre-existing credit card debt during the One-Year Credit Card Interest-Free Holiday, the cost to Taxpayers would amount to approximately $54 billion for the full year, or $4.5 billion per month. However, the actual cost would likely be much less. Approximately 60% of credit card holders pay their account in full each month; and more than 90% of all cardholders are paying their credit cards as agreed. Most Americans would appreciate this opportunity to get their personal and business credit card debt and financial affairs in order and will wisely utilize this One-Year Credit Card Interest-Free Holiday to dramatically reduce and pay off their credit card debt, thus reducing the credit card debt balance each month so that the total cost to the Government (WE, the Taxpayers) should be less.

http://www.saveoureconomy.com/theplan.html