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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (95362)11/15/2010 4:01:28 PM
From: Hope Praytochange1 Recommendation  Respond to of 224858
 
Federally Insured Program Helps Seniors (such as kennyboy) Stay Home for the Holidays 11/15 01:29 PM
are better OFF under idiot odumba admin ????


TAMPA, Fla.--(BUSINESS WIRE)-- Joint Center for Housing Studies of Harvard University reports that 95% of seniors over the age of 75 want to remain and age in their home. Few seniors understand that there is a Federally Insured Program that can help them fulfill their desire.
Senior women may have an even more difficult time remaining in their homes through retirement. Currently, nearly 40% percent of older women living alone depend on Social Security for almost all of their income. WISER (Women’s Institute for a Secure Retirement) recently released a study billed as a “blueprint for change”. The solutions pointed to by the study are useful – and not just for women. The report describes the need to move toward a greater use of products like income annuities, long-term care insurance policies and reverse mortgages.
Tampa Bay resident Eloise Pruitt, an 85 year old widow, like most women has outlived her retirement savings. “I had mounting bills to pay and a home in bad need of repairs. I had heard about a Federally Insured Program that could help me and decided to contact Senior Lending for more information,” stated Eloise.
To qualify for the HUD Federally Insured Reverse Mortgage. First, the individual on title must be 62 or older and second, the individual must own the home with a low mortgage or no mortgage balance.
For Eloise her story has a happy ending because Senior Lending was willing to help her. “Why on earth aren’t more people telling seniors about this Federally Insured Program? I know that I am truly blessed to no longer have a monthly mortgage payment. The repairs were made on my home. Plus, I have the additional cash in my pocket each month. I love working in my yard planting flowers, tending to my garden and going to my exercise classes three times a week. I feel great and for as long as I can, I want to remain independent in my home,” shared Eloise.
The HUD Federally Insured Program can help seniors from losing their homes to foreclosure, provide an option to pay off debt to avoid bankruptcy and also pay for in home care. For complete details on the HUD Federally Insured HECM (Home Equity Conversion Mortgage), please visit www.SeniorLendingFlorida.com.
Source: Senior Lending ------ kennyboy is qualified



To: Kenneth E. Phillipps who wrote (95362)11/15/2010 4:03:01 PM
From: Hope Praytochange  Respond to of 224858
 
Record Number of Americans Continue to Go Hungry under idiot odumba 11/15 01:28 PM



WASHINGTON--(BUSINESS WIRE)-- One in seven, or 14.7 percent, of American households suffered from food insecurity in 2009, according to the most recent data on hunger released today by the U.S. Department of Agriculture (USDA). While the numbers remain unchanged since 2008, they are still the highest recorded levels since the USDA first began publishing figures on food insecurity.
“These numbers are still far too high. There are 12.9 million households in all of California, and the number of U.S. households who struggle to put food on the table is higher still than that. We must do more and we must do it better,” said Bread for the World President David Beckmann. “With record-breaking unemployment rates and the impact of the recession, Congress needs to ensure that programs designed to mitigate hunger -- like SNAP, the national school meal programs, and WIC -- are well-funded.”
The most recent data was released as Congress reconvenes for its lame duck session. Several important items on the congressional agenda remain unfinished. They include extending tax benefits for low-income working families and reauthorizing the Child Nutrition Act, which will improve the school breakfast and lunch programs along with WIC and summer food sites.
Currently about 42 million people—more than one in eight Americans—participate each month in the Supplemental Nutrition Assistance Program (SNAP, formerly called food stamps). This figure is projected to rise to 43.3 million in 2011.
“Had it not been for social safety nets such as SNAP, unemployment insurance, and federal feeding programs—along with increased funding in the Recovery Act—the figures would have been much worse,” Beckmann added. “These programs served as a lifeline for many American families in 2009 and should be funded at levels to support this time of need.”
According to the USDA figures, nearly 27 percent of Hispanics and nearly 25 percent of African-Americans suffer from food insecurity, compared to 11 percent of white non-Hispanic households. Nearly one in four -- or 17 million -- children live in households that struggle to put food on the table.
For additional information on food insecurity, visitwww.bread.org.
Bread for the World (www.bread.org) is a collective Christian voice urging our nation’s decision makers to end hunger at home and abroad.
Source: Bread for the World



To: Kenneth E. Phillipps who wrote (95362)11/15/2010 4:03:29 PM
From: Hope Praytochange  Respond to of 224858
 
Liberals in U.S. Congress press on tax cuts 11/15 01:27 PM



* "Lame duck" session started Monday
* Bush-era tax cuts expire at year end (Adds House leader Hoyer and quotes)
WASHINGTON, Nov 15 (Reuters) - Liberals in the U.S. House of Representatives pressed their case against extending Bush-era tax cuts for the wealthiest Americans, seeking a meeting with Democratic leader Nancy Pelosi on the issue.
Lawmakers returned to the Capitol on Monday in a "lame duck" session after Democrats were routed in the Nov. 2 elections, with time short to enact a 2011 budget and a New Year's Eve deadline on whether to extend tax cuts enacted under former President George W. Bush.
The parties agree on an extension of lower rates for individuals earning less than $200,000 but disagree whether to extend those rates for the highest earners. Republicans say the economy cannot stomach higher taxes; Democrats say the nation cannot afford the cost of lower rates for the wealthiest taxpayers.
In the meantime, other tax-cut ideas surfaced, including one by Democratic Senator Charles Schumer to cut taxes for anyone with an annual income below $1 million.
House Majority Leader Steny Hoyer said Schumer's proposal was one of many under consideration.
Don Stewart, a spokesman for Senate Minority Leader Mitch McConnell, said Schumer's approach was arbitrary, with "a number plucked out of the air with no economic basis."
House liberals appealed to Pelosi to limit the scope of tax legislation.
"We believe extending the Bush tax cuts would be a giveaway to the nation's wealthiest people and would significantly increase government debt," Democratic Representatives Raul Grijalva and Lynn Woolsey, the co-chairs of the Congressional Progressive Caucus, said in a letter to Pelosi dated Friday.
The caucus has more than 80 members, the biggest subset among the Democrats. Many moderates lost seats in the mid-term elections, likely giving liberals a bigger say in the party in the House.
Democrats and Republicans in the House and Senate were huddling this week to pick leaders for next year's Congress and to plot legislative strategy for the rest of this year.
Many analysts expect a one- or two-year extension of all the current tax rates. President Barack Obama, however, wants to make any renewal of the current rates for individuals earnings $200,000 and under permanent, while making an extension of tax cuts for taxpayers earning more than that temporary.
Proposal such as Schumer's might face tough odds in the short lame-duck session since they would require more of a rewrite of current law. Some members of Congress likely would demand time-consuming hearings.
Obama has asked congressional leaders to meet with him on Thursday to discuss tax cuts. Legislation is not expected to be voted on until after next week's Thanksgiving break at the earliest. (Reporting by Kim Dixon and Richard Cowan; Editing by Leslie Adler)



To: Kenneth E. Phillipps who wrote (95362)11/16/2010 6:34:56 AM
From: FJB1 Recommendation  Read Replies (1) | Respond to of 224858
 
New York state manufacturing plunges: NY Fed

On Monday 15 November 2010, 21:44 SGT

New York state manufacturing unexpectedly plunged in November, the first contraction since July 2009 when the US economy exited recession, official data showed Monday.
The Federal Reserve Bank of New York reported its manufacturing activity index dropped to minus 11.1 points in November, from a positive 15.7 points in the previous month.
The Empire State Manufacturing Survey index is considered a bellwether of the manufacturing sector which has been a key strength in the economic recovery.
It was the first time the index fell below zero since July 2009, the month after the worst recession in decades was officially declared over.
The sharp 27-point decline surprised analysts, who had forecast on average a slip to a positive 11.7-point reading.
The new orders index plummeted to minus 24.4 points, from positive 12.9 points in October.