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Saundra Raynor
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SERVICERS CONTINUE TO MISBEHAVE
I'm so incensed, I don't know what to do.  I just drafted a letter to FHFA Director Mel Watt (to be mailed Monday, June 29, 2015), which reads as follows: June 29, 2015 Mr. Mel Watt, Director Federal Housing Finance Agency 400 7th Street SW Washington, D.C....
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UNDERWATER AMERICA: HOW THE SO-CALLED HOUSING "RECOVERY' IS BYPASSING MANY AMERICAN COMMUNITIES
 July 29, 2014 OUR RECOVERY?  NOT INCLUSIVE:  STOCK MARKET GAINS, YES.   HOUSING, NO. The Haas Institute for a Fair and Inclusive Society (UC Berkeley) published a recent study (July 2014) titled, "Underwater America - How the so-called housing "recovery" i...
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CAN YOU USE YOUR PART-TIME EARNINGS TO QUALIFY FOR A MORTGAGE OR REFINANCE?
If you supplement your income with part-time work, that income might not be considered if you are purchasing or refinancing a home.  According to syndicated columnist Kenneth R. Harney, income isn't always income.  In his Sept. 29, 2013 column, he asked:  I...
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I used to have a Jack Russell, also.  Now I have a ShihTzu.
One of my favorite pictures of my granddoggy, Lucy.
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Each step higher you take you become a target for the weak and desperate don't give in. They are just looking for recognition because they failed on their own.They are those you pity.
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HAVE YOU BEEN HELPED BY ANY FORM OF MORTGAGE RELIEF?
HAVE YOU BEEN HELPED BY ANY FORM OF MORTGAGE RELIEF?
HAVE YOU BEEN HELPED BY ANY FORM OF MORTGAGE RELIEF?
strugglinghomeownerssharestories.com
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Great column from Professor Krugman on tax inversions:

"In recent decisions, the conservative majority on the Supreme Court has made clear its view that corporations are people, with all the attendant rights. They are entitled to free speech, which in their case means spending lots of money to bend the political process to their ends. They are entitled to religious beliefs, including those that mean denying benefits to their workers. Up next, the right to bear arms?

There is, however, one big difference between corporate persons and the likes of you and me: On current trends, we’re heading toward a world in which only the human people pay taxes."

On paper corporate tax rates in the U.S. are high compared to other countries. The reality of course is that U.S. corporations have mastered the art of tax avoidance and inversions are their latest tool:

"Which brings us to the tax-avoidance strategy du jour: “inversion.” This refers to a legal maneuver in which a company declares that its U.S. operations are owned by its foreign subsidiary, not the other way around, and uses this role reversal to shift reported profits out of American jurisdiction to someplace with a lower tax rate.

The most important thing to understand about inversion is that it does not in any meaningful sense involve American business “moving overseas.” Consider the case of Walgreen, the giant drugstore chain that, according to multiple reports, is on the verge of making itself legally Swiss. If the plan goes through, nothing about the business will change; your local pharmacy won’t close and reopen in Zurich. It will be a purely paper transaction — but it will deprive the U.S. government of several billion dollars in revenue that you, the taxpayer, will have to make up one way or another."

Inversion is a tax scam that would make Mitt Romney proud (and I am sure many of his companies employ it). The net result of these corporate tax scams is that revenue from corporate taxes is decreasing dramatically:

"We’re not quite there yet: The federal government still gets a tenth of its revenue from corporate profits taxation. But it used to get a lot more — a third of revenue came from profits taxes in the early 1950s, a quarter or more well into the 1960s. Part of the decline since then reflects a fall in the tax rate, but mainly it reflects ever-more-aggressive corporate tax avoidance — avoidance that politicians have done little to prevent."

Who makes up this difference? Yup real people like you and me while the corporate personhoods use their savings from these tax scams to buy more corporate jets, more corporate retreats, more corporate penthouses in Aspen, and higher dividends for their shareholders.

There is a reason why corporate profits are at an all-time high while wages are stagnating for the 99%. Yet it is not enough, republicans not only don't want to rectify this institutionalized tax avoidance but they want to get rid of corporate taxes altogether. Yup that means higher taxes (or fewer benefits) for you and me.

I think all of us real flesh-and-blood personhoods can agree with Professor Krugman:

"So this should be easy. By all means let’s have a debate about how and how much to tax profits. Meanwhile, however, let’s close this outrageous loophole."
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UNDERWATER AMERICA: HOW THE SO-CALLED HOUSING "RECOVERY' IS BYPASSING MANY AMERICAN COMMUNITIES
 July 29, 2014   OUR RECOVERY?  NOT INCLUSIVE:  STOCK MARKET GAINS, YES.   HOUSING, NO. The Haas Institute for a Fair and Inclusive Society (UC Berkeley) published a recent study (July 2014) titled, "Underwater America - How the so-called housing "recovery"...
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