Barb’s Blog » Entries tagged with "credit"
Obama Mortgage Program
After reading the Yahoo Article, I think the last quote sums the whole thing up in an interesting way, but gee, one wonders what is really going on with this administration. “It’s sad that they didn’t put the same amount of resources into helping families avoid foreclosure as they did helping banks.” Moving on to the article: The Obama administration’s flagship effort to help people in danger of losing their homes is falling flat.More than a … Read entire article »
Filed under: News Items
Fine Print Police
Obama wants fine-print police for consumer products – and that’s good, I guess. “Those ridiculous contracts with pages of fine print that no one can figure out — those things will be a thing of the past,” the president said in a statement accompanying the 152-page draft bill. “And enforcement will be the rule, not the exception.” Let’s face it, credit card companies have used complicated lawyer speak on their policies and statements for years. I have to wonder though, if Obama is so upset at long, complicated pages from seller to consumer, why doesn’t he apply that to Congress? We have a cap and trade bill passing the house, with hundreds of pages, millions of dollars, doing it in a hurry, and admittedly our lawmakers haven’t even read it. Says Michelle Malkin: When I live-blogged … Read entire article »
Filed under: News Items
Debt and Covetousness
Money is a terrible master, but it’s a good servant. I don’t think that I am a materialistic person, however we learned in a sermon by Dr. Michael Duffy in church a few Sundays ago, that ‘wanting stuff’ is basically in our fallen nature. He went on to say, “You don’t really have to teach a child how to want stuff, you do have to teach them to SHARE.” He defined covetousness as “valuing stuff over relationships.” It’s a destructive sin. It’s a trap and a lie we believe (hence the commerical ads on television making us believe we need the latest and greatest). It never bring satisfaction, in fact, intensifies the lust. Enough is never enough. Mike Duffy went on to share that if you didn’t believe that we don’t have enough stuff, take a look … Read entire article »
Filed under: General
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