Ron Paul is Right Again

Too bad the two knuckle head TV hosts from CNBC don’t understand the importance of what Mr. Paul is saying.

Great comment on the youtube page that hosts this clip: “allergic to the truth”

Truth in Foreclosure Takes on the Obama Housing Plan

Todd at the Truth in Foreclosure website is keeping on top of the new Obama housing plan, which is designed to help troubled homeowners. His new post goes beyond the basics and starts to answer some of the tough questions the media and the administration are not answering.

I admit the housing plan sounds good in a speech, but when you get to the details, the plan does not look so good…

At the Truth in Foreclosure site, they really break down the plan and you start to see how limited the help for distressed homeowners will be. In my opinion, this plan will help a very small number of homeowners in the end.

Some points from the article…
This plan clearly will not help large numbers of people.
The plan will only help homeowners with their first mortgage
There are many more limitations to the plan, so head over to Todd’s site and get the details on Obama housing plan.

There will be a part three coming out. We will keep you posted.

President Obama’s Foreclosure Plan – The Basics

Our good friend Todd over at the truth in foreclosure website has written a nice blog post on how the new Obama housing plan will effect homeowners, particularly those in distress.

If you are a homeowner, you should read his post as it clearly breaks down the options available.

This is part of a series, so we will keep you posted as Todd updates us.

You should also follow Todd on Twitter.

Obama Caps Executive Pay Tied to Bailout Money

President Barack Obama on Wednesday imposed $500,000 caps on senior executive pay for the most distressed financial institutions receiving federal bailout money.

ABOUT TIME. Taking our money to go on vacations in Vegas and buy private jet’s. While the country sheds 500,000 jobs a month. This nonsense needs to end immediately!