Stimulus funds have helped to give a push to health clinic budgets in Massachusetts. Maura Smith could not hold back her tears upon hearing that the Lowell Health Center had been sanctioned $9.35 million – thanks to the American Recovery and Reinvestment Act. The health unit has been running for nearly four decades in Lowell. [...]
01 Mar
Posted by Julia Redstone as Foreclosure
“A New Era of Responsibility”—President Barack Obama’s budget for 2011 has been announced. “Let’s invest in our people without leaving them a mountain of debt,” the president stated in his State of Union Address. “Let’s meet our responsibility to the citizens who sent us here.” It may be tempting to assume that a balanced budget [...]
26 Feb
Posted by Julia Redstone as Foreclosure
Potential tenants planning to rent a house that is undergoing foreclosures should think twice and not become a fool by rushing into it. The lenders of course cannot kick out the tenants as they have to respect the terms of the lease agreement. But that does not exclude the chances that toughs would stop from [...]
25 Feb
Posted by Julia Redstone as Foreclosures
A recent report issued by the Health and Human Services show that a number of insurers have resorted to steep insurance premium rate hikes.
Private health companies can only run if both groups of persons buy insurances – the sick as well as the healthy.
But with premiums having gone up, many of the healthy [...]
When Obama was a candidate for the presidential elections in 2008 he spoke eloquently telling the people that his top priority would “the people’s business”.
The people were concerned at that time about their jobs; jobs continue to be their main concern today also.
The economy is failing to give the opportunity for them to [...]
23 Feb
Posted by Julia Redstone as Foreclosure
People who are wondering whether to invest in real estate should think twice. There are some foreclosure deals happening in commercial real estate. There are many real estate properties that have been foreclosed by banks. The banks have not sold them yet but are instead leasing the properties.
Take, for instance, David Hogan. The vice president [...]
22 Feb
Posted by Julia Redstone as Foreclosures
The measure backed by the bank to expedite foreclosure cases has led to the Democrats agitatedly fighting back to restore the rights of the borrowers in the Legislature.
State Senator Dave Aronberg together with Rep. Darren Soto are thinking of introducing a “Foreclosure Bill of Rights” opposing a measure that has yet to be enforced.
The [...]
The budget released recently by White House includes more increases in spending to generate badly needed new jobs. The Republicans in the Senate accused the president for pushing up the deficit and cried out to the Democrats asking them to stop their “reckless” behaviour.
The deficit pointed to a gap of about $1.3 trillion in [...]
Some of those who have pocketed the highest bonuses have not been in the focus about hefty pay packets. The list is headed by John Stumpf the top brass of Wells Fargo that is based in San Francisco. Stumpf was awarded $18.7 million cash and stock – it being his best takings.
It is an [...]
Sighing and weeping will not help America out of this mess. It is necessary to look back at the past not to accuse and make charges but to learn lessons that will help the economy get back on its feet.
The undeniable fact is when the demand in the private sector is weak then the [...]
