MaxedOutMama

Attempts to loosen terms on hundreds of thousands of delinquent home loans may be hindered by so- called piggyback second mortgages that gained popularity during the U.S. housing boom, Federal Reserve researchers said.

Most of the piggyback loans, often used in place of down payments or mortgage insurance, are held by lenders different from the holders of the home loans, making it more difficult to secure approval needed for modifications, according to the study published in the December Federal Reserve Bulletin.

The Middle East is the canvas on which we can clearly see the kind of heroes the different societies produce and why. In most of the Arab world, it is the primal id demands that are most influential, yielding the most vicious kinds of ‘heroes,’ to the exclusion of almost everything else. Israel is a society that produces heroes of an altogether different sort. Israel is at the fore in providing aid, medical treatment and emergency assistance of all kinds, all over the globe.

The heroes of a progressive culture and society retreat from conflict whenever possible. Real heroes engage in conflict when necessary to preserve the safety and well being of their community. The heroes of broken and regressive societies seek conflict, real or imagined, to fend off progress and to promote dysfunction and hate.

“SCIENTISTS have warned that Christmas lights are bad for the planet due to huge electricity waste and urged people to get energy efficient festive bulbs.”

…and they want us to use plug-in electric cars…?
Must be grant application time again.

The Australian CSIRO (Commonwealth Scientific Research Organisation) was once a very well respected Government financed institution.

The finance has been gradually reduced for years and years, During the funding reducing periods many employees and researchers were fearful of their livelihood.

And then came AGW and a new lease of life.

There are some very committed researchers and scientists at the CSIRO - and you can take that to mean ambiguity

A power producer typically gets paid for the power it generates. In Texas, some wind energy generators are paying to have someone take power off their hands.

Because of intense competition, the way wind tax credits work, the location of the wind farms and the fact that the wind often blows at night, wind farms in Texas are generating power they can’t sell. To get rid of it, they are paying the state’s main grid operator to accept it. $40 a megawatt hour is roughly the going rate.

September and October are typically Long Beach’s busiest months as U.S. retailers take deliveries for holiday sales. This year, imports fell 15.8 percent from a year earlier in September, 9.5 percent in October and 13.6 percent in November.
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The Baltic Dry Index, a measure of shipping costs for commodities, is down 93 percent from a record in May, a sign that traders expect export volumes to stay depressed.

Slowing trade is both a cause and an effect of the first simultaneous contraction in the world’s largest economies since World War II.

At the adjacent ports of Long Beach and Los Angeles, together the largest in the U.S., trade has slowed about 10 percent this year, a record drop. In 2007, volumes slid for the first time in more than a quarter century.

China will loosen regulations on the prepayments companies can receive when exporting goods to help their cashflow as the global financial crisis hits overseas sales, the State Administration of Foreign Exchange said today.

Companies will be allowed to collect 25 percent of prepayments on exports in foreign currency, up from 10 percent, starting from today, the regulator said on its Web site.

While car and two wheeler sales dropped 24 per cent and 15 per cent y-o-y in November, commercial vehicle (CV) sales slumped 48 per cent.

If non-oil exports continue to fall at the same rate as in October until December 2008, then exports for the whole of 2008 will be around $108 billion, still a $15 billion increase over 2007. During the same period, oil and gas exports could reach $29 billion, or a 30 percent increase over last year.

If the December 2008 level of non-oil exports holds for the next 12 months, then exports in 2009 will be worth $96 billion -- a drop of 10 percent from this year -- while oil and gas exports, because of lower prices, will decline from $29 billion to $22 billion. Total Indonesian exports in 2009 will be around $118 billion -- a decline of 17 percent from the 2008 level.

These projections are based on the assumption that the draconian measures taken by industrialized countries start to show results in the second half of 2009.

While meeting the pair at his home yesterday, Madoff conceded that he was “finished,” that his advisory business is “all just one big lie” and “basically, a giant Ponzi scheme,” the government said. The business had been insolvent for years with losses of about $50 billion, he told the employees, according to the criminal and SEC complaints.

Madoff said he had about $200 million to $300 million left and planned to distribute money to select employees, family and friends before surrendering to authorities in about a week, the government said.

One of the great blessings of my life is the consistent, long-term presence of many friends. There are three very important people who have been in my life since first or second grade. More than a dearth of blood relatives makes those people my family; we have shared 30 years of ups and downs on the dizzying carousel ride of life.

Two of those people, and my closest blood relative, are gay.

I have been tangentially immersed in the gay culture for so long, it’s a natural and common aspect of life. Three decades of loving these friends and family and sharing their successes in managing careers and raising families has jaded me to the hatred and prejudice many people harbor against the gay community. It’s easy for me to let my guard down and take gay culture for granted. As a middle-aged, overweight white guy with graying facial hair, I am America’s ruling demographic, so the gay rights struggle is something I experience secondhand, like my black friends’ struggles and my wheelchair-bound friend’s struggles.

In the interest of full disclosure, at least three women I dated in college subsequently declared themselves gay, so I’ve directly contributed to the community’s growth.

Because I have such intense love and respect for the people in my life who are gay, it never makes sense to me when I hear someone preaching anti-gay rights propaganda. I can never understand why they care.

It’s basic Golden Rule territory: don’t judge people for the color of their skin or their physical challenges, and don’t judge them for their sexuality. I know that is a simplified and naïve statement, but for me, the issue really is that simple. There are people who are so strongly anti-gay rights, they lust for legislation to limit the gay community’s freedoms. That makes no intellectual or moral sense to me. Some of this prejudice is based in religion. I find it confusing that people who believe in a savior who opens his arms to everyone think he’ll draw those same arms shut to keep gay people away.

And do not tell me you are “tolerant” or “tolerate” gay people. Stop for a moment and think about how condescending and evil that attitude is.

Every month, some anonymous reader sends me a packet of articles photocopied from newspapers. These articles are about gay rights, marked up with a red pen that bleeds exclamation points with scrawls of “HIV” and “AIDS Doom” all over them. I recognize the envelope now, and it lands, unopened, in the trash.

On March 26, I moderated a town hall meeting sponsored by Equality Ohio and Equality Toledo. The meeting, “A Level Playing Field,” dealt with issues of employment discrimination against gay people. It was lightly attended, but the attendees, including a couple who drove from Youngstown, were clearly invested in the issue. The panelists were Michelle Stecker, attorney and interim executive director of Equality Toledo; Kim Welter, program manager for education and outreach for Equality Ohio; and Rob Salem, a clinical professor of law at the UT College of Law.

There were many interesting discussions, and I learned a lot about Ohio’s gay rights laws, or lack thereof. I left the forum with a vague sadness — sadness that there is so much needless public struggle and strife based on something as private as sexuality, and sadness that I have been ignorant to the struggles some of my closest friends endure.

One message that came through was how far behind Ohio is in gay rights. A single gay Ohioan may adopt a child, but a gay Ohio couple cannot. A gay couple may raise a child, but if something happens to the biological parent or primary caregiver, the partner may find him or her self without legal access to the child.

The frequent denial of health care benefits leads to horror stories. According to the panelists, UT has offered domestic partner benefits since then-president Dan Johnson signed them into effect. The Medical University of Ohio did not offer those benefits. When the institutions merged, UT employees retained the domestic-partner benefits, but MUO employees were not offered them. So, people working for the same employer do not have access to the same benefits. According to the panel, it may be 18 months before the situation is addressed. Eighteen months is a very long time to live (and work at a medical facility) without health benefits.

Ohio’s policies have a direct impact on economic development. The panelists have specific examples of companies who will not consider locating in Ohio because they have gay employees who would lose benefits.

There have been studies that show how much states benefit economically from offering equal rights, and how much money is left on the table by states that put prejudice before profit. It would be in the best interest of the local Meta-Plan groups to host a presentation by Equality Ohio to learn just how great our competitive disadvantage is.

It’s a sad irony that I embrace so many gay people without fully understanding their challenges; as the people who know me best could tell you, I’m on a very long learning curve. But I’m willing to learn.

I read with great interest Michael Miller’s April 6 column, "Gay Rights and Wrongs."

I respectfully submit a different perspective for Miller and Toledo Free Press readers to consider.

First, human beings, regardless of their choices in life, are of ultimate value to God and should be viewed the same by others. At the same time, one’s personal choices lead to outcomes either positive or negative.

As a Black woman who happens to be an alumnus of the University of Toledo’s Graduate School, an employee and business owner, I take great umbrage at the notion that those choosing the homosexual lifestyle are "civil rights victims." Here’s why. I cannot wake up tomorrow and not be a Black woman. I am genetically and biologically a Black woman and very pleased to be so as my Creator intended. Daily, thousands of homosexuals make a life decision to leave the gay lifestyle evidenced by the growing population of PFOX (Parents and Friends of Ex Gays) and Exodus International just to name a few. Frequently, the individuals report that the impetus to their change of heart and lifestyle was a transformative experience with God; a realization that their choice of same-sex practices wreaked havoc in their psychological and physical lives. Charlene E. Cothran, publisher of Venus Magazine, was an aggressive, strategic supporter of gay rights and a practicing lesbian for 29 years, before she renounced her sexuality and gave Jesus Christ stewardship of her life. The gay community vilified her angrily and withdrew financial support from her magazine, upon her announcement that she was leaving the lesbian lifestyle. Rev. Carla Thomas Royster, a highly respected New Jersey educator and founder and pastor of Blessed Redeemer Church in Burlington, NJ, married to husband Mark with two sons, bravely exposed her previous life as a lesbian in a tell-all book. When asked why she wrote the book, she responded "to set people free… I finally obeyed God."

Economic data is irrefutable: The normative statistics for a homosexual in the USA include a Bachelor’s degree: For gay men, the median household income is $83,000/yr. (Gay singles $62,000; gay couples living together $130,000), almost 80% above the median U.S. household income of $46,326, per census data. For lesbians, the median household income is $80,000/yr. (Lesbian singles $52,000; Lesbian couples living together $96,000); 36% of lesbians reported household incomes in excess of $100,000/yr. Compare that to the median income of the non-college educated Black male of $30,539. The data speaks for itself.

The reference to the alleged benefits disparity at the University of Toledo was rather misleading. When the University of Toledo and former Medical University of Ohio merged, both entities had multiple contracts for different benefit plans at substantially different employee cost sharing levels. To suggest that homosexual employees on one campus are being denied benefits avoids the fact that ALL employees across the two campuses regardless of their sexual orientation, have different benefit plans. The university is working diligently to address this issue in a reasonable and cost-efficient manner, for all employees, not just one segment.

My final and most important point. There is a divine order. God created human kind male and female (Genesis 1:27). God created humans with an inalienable right to choose. There are consequences for each of our choices, including those who violate God’s divine order. It is base human nature to revolt and become indignant when the world or even God Himself, disagrees with our choice that violates His divine order. Jesus Christ loves the sinner but hates the sin (John 8:1-11.) Daily, Jesus Christ is radically transforming the lives of both straight and gay folks and bringing them into a life of wholeness: spiritually, psychologically, physically and even economically. That is the ultimate right.

Crystal Dixon lives in Maumee.

As set forth more fully in the following paragraphs, Levine and Cellini, in order to keep their control over TRS, agreed to an accommodation with Rezko and Kelly that Rezko and Kelly would use their influence with ROD BLAGOJEVICH to stop the consolidation of TRS with other pension boards and, in exchange, Levine and Cellini would assist investment firms named by Rezko and Kelly to receive TRS money because those investment firms had made or would make political contributions to ROD BLAGOJEVICH.