Thursday, February 16, 2023

LinkedIn 13.5 minute Documentary Exposes LinkedIn Banning Policies gone awry, economically harming unknown numbers of good people.

Artificial Intelligence protocols are harming human beings, and LinkedIn appears to be harming unknown numbers of long time LinkedIn members in good standing. Banned by LinkedIn, a 13.5 minute documentary that hopefully will lead to a Class Action Lawsuit.

Both Quora and Facebook have Banned by LinkedIn Groups.

Thursday, December 15, 2022

CNN is forever destroying U.S. History with Trump denialism in which they refuse to Credit Trump for anything Trump was right about.

The Clown News Network  refuses to admit that Trump was right about the Border Wall. Now, just before Trump's Order 42 ends and with everyone finally acknowledging the influx of Undocumented will adversely affect the entire U.S., The Clown News Network is actually pinioning their view of Trump's border wall rhetoric as being the reason for the ongoing Border wall controversies. 

Clown News Network's recent borderwall headline "Everyone can now agree - the US has a border crisis" reveals an over the top Gaslighting Narcissism in which Clown News seems to be agreeing that now everyone agrees with their delusional view of the Borderwall! Finally, after five years of Trump, we can talk about the impending Borderwall crisis, the one that never existed during Trump's years as President because Trump was in charge. Just one more insurrection against Trump that will never be mentioned by the mainstream media.

Comprehending Clown News Network's insane analysis ..."Former President Donald Trump’s extreme rhetoric and chaotic hardline approach further poisoned the well over this issue and left the immigration system in chaos." end quote, one has to remember that it was the same mainstream media revisionist editing of Trump's border wall comments in which they the mainstream media would show images of family caravans crossing into the U.S. while quoting Trump talking about the drug cartels that profit by smuggling drugs AND charging family caravans to cross into the U.S border.

Trump was referring to Drug Cartels as being mean vicious dangerous murdering people, yet our mainstream media would show images of family caravans crossing over words Trump meant for the Drug Cartels.

Now,  as the Trump's order 42 is set to expire on December 20 2022, rather than credit Trump for stemming the tide of Undocumented into the U.S. the mainstream media continues to blame Trump for their own Progressive shitsanity when it comes favoring Undocumented over American Citizens.


Monday, May 4, 2020

Alessandro Machi, 60 Minutes Lesley Stahl reluctantly reveals going to t...

I'm begging you to watch this. If you agree, please share.

Please consider signing the Debt Neutrality Petition by clicking here.

Wednesday, October 3, 2018

Trump apparently is allowing for dumping of Coal Waste into Rivers but his press conference makes no mention of this.

The Progressives claims that Donald Trump just signed a bill to allow coal waste to be dumped into rivers, yet at his White House News conference celebrating the reduction in coal dumping restrictions, nothing is mentioned about what the bill to rescind coal waste dumping actually does.

How can we ever have intelligent discussions about anything if both sides just ignore each other?

Monday, August 11, 2014

AlexLOGIC WORDS and PHRASES: Forever Debt.

AlexLOGIC WORDS and PHRASES: Forever Debt.: What is Forever Debt? Forever Debt is debt that is downplayed by economists as "serviceable" on a monthly basis. However what economists fail to mention is that serviceable debt needs to be multipled by 2.5 to determine what it would actually take to pay off the debt...(read more at link above).

Thursday, April 17, 2014

The Best Job to have in 2014 and how it is about to destroy millions of homeowners.

Here is a link that lists the best and worst jobs to have in 2014. You don't have to go farther than number one to see who is about to destroy the lives of homeowners who have spent 10, 20, 30, 40, or 50 years attaining home ownership, it's the Actuary.

Click on Image to Enlarge.

An Actuary calculates the mathematical "sweet spot" where financial services can competitively offer their Insurance products and money loan products, while making a profit.

Think of an Actuary as the Guy behind the Curtain in the final scene of the Wizard of Oz, they pull all the knobs and dials that makes things go boom, but they are kept hidden from the masses. It can be said that Actuaries live in their own gold plated glass bubble.

Actuaries help set HELOC guidelines. A HELOC, (Home Equity Line of Credit) is possibly one of the SAFEST investment opportunities a bank can make if they are the first lien holder on a home property being used as collateral for a HELOC.

Here is one explanation of how a first lienholder HELOC would work. A homeowner has a paid off home. It may have taken the homeowner 30 years to pay off that home, they are now advancing in years, probably retired, and their income is most likely dropping. Their home, having taking so long to be paid off, may now be worth anywhere from 2x to 5X the value of the original purchase price (for non homeowners please keep in mind that many times the appreciation in value is significantly balanced out by all the maintenance, upgrades, yearly property taxes and insurance costs homeowners will typically pay over the course of 30 years time). 

The Home Owner is able to draw money out of their paid off home via a HELOC and they can pay back the loaned amount at interest only payments for the first 10 years, this is called the draw period.

After the 10 year draw period, the homeowner now has to pay back interest and principle for the next 15 years on the HELOC, which can cause the monthly payment to suddenly almost triple. 

Example, 40 years ago a homeowner purchased their home for 100,000 dollars and it is now worth 375,000. The home was paid off after 30 years. The homeowner then decided to take out 100,000 dollars worth of home equity via a HELOC over a ten year time frame. Since the 10 year draw period is about end, and the new payment will be almost triple, the homeowner would rather simply use another 100,000 dollars of home equity, aka a RE-HELOC, to pay off the first 100,000 HELOC, in essence getting another 10 years of interest only payments. Maybe the homeowner wants to  do a RE-HELOC for 125,000 (which is also tax deductible) so they can use the extra 25,000 to pay off their high interest rate credit cards or their kid's student's loans.

A RE-HELOC is an extremely safe investment for all concerned if the homeowner is keeping the RE-HELOC versus overall value of the home at reasonable ratios. In our 375,000 home value example, the 125,000 dollars is 33% value of the home, and there is no mortgage. Should the homeowner default during the RE-HELOC 10 year draw, there should be no risk to the bank that they will recoup their investment as the first lien holder.

But here is where it gets icky, the Actuaries who set the income verification and credit ratings requirements may have set the income levels or credit score requirement so high that it prevents the homeowner from RE-HELOCing their own owned home even if they never missed a payment on their first HELOC, and the HELOC to overall value of the home is extremely safe. Suddenly the homeowner has a 100,000 dollar HELOC, a home worth 375,000, but they can't RE-HELOC their FIRST LIEN HELOC even though there is virtually NO RISK to the banks to do so.

The inability to RE-HELOC a HELOC is how the Actuary is about to ruin the lives of millions of homeowners who took HELOC's out 10 years ago. A scenario has been created in which the banks have one of the absolutely safest investment products on the market because it is completely collateralized and in many instances are the bank is the first lienholder, and they are now going to begin denying RE-HELOC's to millions of american homeowners because either their income is too low or their credit score is too low.

Or, the interest rate will be jacked up because the homeowner will be considered a "risk" even though the bank is the first lien holder on a home that has so much more equity remaining in it versus what is being RE-HELOC'd that there is virtually no danger to the bank of losing their financial stake in the home.

One of the dangers of thinking politically is it can lead to believing that evil is being created by either the left or the right, yet there are plenty of examples where it is just math that is being used to cause grief for millions. Actuaries who have set first lien, no risk RE-HELOC guidelines unnecessarily high are causing hardship to millions of american homeowners with impeccable payment histories.

And this brings another disturbing issue to bear, It seems as if the banks and their money suppliers are truly bored with sure thing investments and relatively low interest rates. During the 2000's, wasn't the economy was first over revved, and then crashed, specifically because banks and their investors became "bored" with lower interest rate, extra safe investments and wanted to "hedge" their bets with securitization schemes that actually banked on homeowners failing?

Thursday, February 13, 2014

"Frozenomics" is all cracked up.

The belief that the world's economy must continue to grow all the time is ridiculous. Growth leads to wars to rebuilding to debt to more strain on the planet's resources.

Economists paint the 2013 / 2014 winter storms, aka frozenomics as being bad for the economy because it forces people to hibernate indoors. Could you imagine if Bears ran the planet and worried about frozenomics? Air raid sirens would go off every hour to wake up  hibernating bears, otherwise the economy would sputter! Wouldn't that be just sheer madness, waking bears up with sirens because hibernation was believed to be bad for the economy!

One way to save the planet is to let people sort of "float" along at times. Winter weather, people can't work. Rather than moan and gasp that frozenomics is wreaking havoc with our happiness, can't we all just agree that not all work is essential all the time.

One mayor actually pleaded for people "not to be stupid" and instead to stay home during the terrible winter storms. The reasoning was sound. The more people that went out, the more that got stuck and clogged the roadways, the more city workers would be endangered trying to find and save those who got stuck. Plus, can't clear the roadways of snow if they are littered with stranded cars.

Restaurants are fearful of losing 75% of their revenue during harsh weather. Isn't it sad that just because wealth already exists that the elite wealth owners that run the planet literally force people to work all the time or risk losing their assets, or even their home?

Is this method really necessary? Lets ask a hibernating bear, but lets wait until they wake up.

Sunday, February 2, 2014

Debt Suspension Rights: Government Sequestration of the Elderly a 100% Success. )ver 98% of the Elderly Collecting Social Security won't Qualify for a HELOC no matter how much Equity is in their Home!

The U.S. government has sequestered the home equity wealth of the elderly. The U.S. government has done this by declaring that anybody who makes less than 3,000 dollars a month is not eligible for virtually any type of a loan, even if that person owns a home and has an abundance of equity in the home...(click link above to read more).

Sounds like 99% of the elderly have been shut out of loans no matter how much equity they have in their home, wow.

Please consider signing the Debt Neutrality Petition by by clicking here.

Sunday, December 8, 2013

2013 Thanksgiving Occupy WalMart Television Reporting compromised over strange technicality.

I used to think that if a protest or strike received "sympathy" protesting support, that that would be viewed in a favorable light by the media. In the case of the 2013 Occupy Thanksgiving WalMart protest, outside support would be reported in a negative light.

I was watching KNBC Los Angeles news report about the 2013 Walmart Thanksgiving protest when suddenly the reporter brought up the issue that many of the protestors were the equivalent of "moles". The reporter further revealed that perhaps only 20% of the protestors were actually WalMart employees.

One protestor brought up the point that WalMart employees in fear of losing their jobs did not protest. How is one to count those invisible protestors I wondered to myself?

So there you have it. If only Walmart employees show up to a Walmart Thanksgiving day protest, the protest will downplayed as just a few malcontents trying to get attention. If a lot of Walmart employees protest, the loss of face and potential stock market value could cause the company to fire many of the protesting workers.

If however there is a solid blend of core WalMart employee protestors backed by many more probably union based protestors, that too is called into question by the reporter.

Ouch, it's a no win situation, I sure wish the reporter had at least pointed out that nugget of truth. I am pretty sure the video I saw was on KNBC Los Angeles, but I cannot find it on google, how strange is that? Perhaps because the report was done on location in front of a Wal Mart it was not actually saved?

Wednesday, September 4, 2013

Perplexed Politicians don't understand why majority of public does not want war with Syria.

The same out of touch politicians who can't be bothered to learn about the lack of debt suspension rights for consumers are shocked that the majority of the U.S. public does not want a war with Syria over the alleged Syrian government chemical bombing of their own populace.

I would suggest that the U.S government's inability to catch up with social media rules is the underlying reason. The U.S. still demands complete compliance and secrecy with all it's own secret actions, even if those actions are questionable or illegal, but wants sympathy and support when other governments do wrong.

The U.S. condemns Bradley Manning and Edward Snowden for leaking secrets of potential wrong doing but wants full support when another country does wrong against its own peoples.  

When does the U.S. begin to be more transparent?

When the day of more meaningful transparency occurs, than that is probably the day when more people would want the U.S. involved in Syria.

I personally would also like to see drones used to spy and collect data in potential hotspots, and that information shared with the public on an ongoing basis until it becomes rather obvious the present Syrian regime needs to be replaced.  

We have drones to bomb places but not to spot sarin gas being used? I would suggest our drone priorities are misplaced.

Tuesday, August 13, 2013

Don't Fight the Elite, Fight the Inane Rules the Elite Create to Siphon Wealth from Main Street.

One aspect I've never liked about Occupy Wall Street is the apparent rabid hate for the Wall Street Elite at the greater expense of truly helping main street. I fear that a very small inner circle group of OWS has a very intense vendetta against the Wall Street Elite, perhaps because they never made it into the Wall Street inner circle themselves. Ouch!

It is almost of an conspiratorial level that some would prioritize punishing the wall street elite ahead of helping main street. I suggest it is better to fight the Inane rules that Wall Street, the big banks, and our own government create rather than bitterly hate these entities and blame them directly.

Here are three mega impactful anti consumer practices being inflicted on consumers on a daily basis that if rescinded would help prevent the ongoing erosion of middle class wealth and their happiness as well.

1. 2% monthly minimum credit card payments... are destructive to a person's economic well being because they allow a debtor to attain levels of debt over time that are just too high to ever pay off. Additionally, consumers have been over charged by a factor of 1000% to 2000% for credit card debt suspension insurance that would PREVENT many credit card defaults from ever occurring.

2.  Judges make no distinction in court between a strategic credit card default and an involuntary credit card default. What is even more outrageous is that some involuntary credit card defaulters could have avoided their involuntary credit card defaults if Credit Card Debt Suspension Insurance had been fairly priced. In essence, judges routinely ignore the fraud of credit card debt suspension insurance premiums that are 1,000% to 2,000% too high, but allow the resulting consumer credit card default to proceed.

3. Over priced credit card debt suspension insurance. As mentioned above, using our courts to legally punish consumers who rightfully avoided debt suspension insurance because it was DRAMATICALLY overpriced by 1,000% to 2,000% but subsequently defaulted on their credit card debt is patently unfair.

4. Reverse Mortgage scams. Forcing elderly homeowners to take everyone's name off of the deed but one, while also charging that person for mortgage insurance based on the full value of the home is a rip off, plain and simple. It appears the government, in setting up reverse mortgage programs, never considered the option of a homeowner agreeing to a very modest monthly draw that even after 10 years time would not jeopardize the value of the home versus the equity taken out. What a horrible way to treat our elderly, many of whom have practiced frugality their entire lives.

These are four anti consumer issues, that if fixed, would basically rebalance the distribution of wealth between those on main street who have earned it versus those on wall street who want their unearned cut.

I would suggest that if Occupy Wall Street wants to truly have a positive impact on our society, focus more attention on first FIXING the bad rules rather than punishing the schmucks who created the bad rules.

I have mentioned before my concept of credit card reparations for consumers. Reduce everyone's credit card debt by 65% and simultaneously raise their monthly minimum payments requirement from 2% to 5%. This one action alone would do more to fix the economy than virtually any idea I have heard proffered by our politicians and so called money experts.


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