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<channel><title>IPI PolicyBytes | Comments</title><description>News, Notes, and Opinions From the Institute for Policy Innovation (IPI)</description><link>http://www.policybytes.org/blog/policybytes.nsf/</link><language>en-us</language><lastBuildDate>Tue, 16 Mar 2010 01:39:15 AM -0500</lastBuildDate>
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<title>Total Tax Obedience          </title>
<pubDate>Tue, 16 Mar 2010 01:39:15 AM -0500</pubDate>
<dc:creator>Katina  maglott</dc:creator>
<dc:subject>Total Tax Obedience</dc:subject>
<description><![CDATA[tax fraud my ex boyfriend has been claming me for years i didnt sign for him to he is married so i dont see how thats possible i am not paying for him and his wife not taking care of there taxes]]></description>
<content:encoded><![CDATA[tax fraud my ex boyfriend has been claming me for years i didnt sign for him to he is married so i dont see how thats possible i am not paying for him and his wife not taking care of there taxes]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/total-tax-obedience.htm?opendocument&amp;comments#03162010123915AMWEB9TL.htm</link>
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<title>Ferrara discusses free market capitalism, &#8217;utopia&#8217;</title>
<pubDate>Thu, 11 Mar 2010 12:55:01 AM -0500</pubDate>
<dc:creator>gabs</dc:creator>
<dc:subject>Ferrara discusses free market capitalism, &#8217;utopia&#8217;</dc:subject>
<description><![CDATA[informative post.]]></description>
<content:encoded><![CDATA[informative post.]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/ferrara-discusses-free-market-capitalism-utopia.htm?opendocument&amp;comments#03112010125501AMWEBA5F.htm</link>
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<title>TaxBytes 7.01: The Real Cost of a Presidential Election</title>
<pubDate>Thu, 11 Feb 2010 02:23:48 PM -0500</pubDate>
<dc:creator>bob.hess</dc:creator>
<dc:subject>TaxBytes 7.01: The Real Cost of a Presidential Election</dc:subject>
<description><![CDATA[was a disclosure of where the $741 million , money came from?]]></description>
<content:encoded><![CDATA[was a disclosure of where the $741 million , money came from?]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/taxbytes-7.01-the-real-cost-of-a-presidential-election.htm?opendocument&amp;comments#02112010022348PMWEBRWX.htm</link>
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<title>There’s gold in them thar hills</title>
<pubDate>Wed, 10 Feb 2010 01:00:34 PM -0500</pubDate>
<dc:creator>Dave</dc:creator>
<dc:subject>There’s gold in them thar hills</dc:subject>
<description><![CDATA[Yes, the taxcode is incomprehensible. Use this to your advantage. Is it not impossible to comply with something that is impossible to comprehend in itself? The quotes in this post would be great evidence that the tax code is impossible to comprehend. I would sure love to find the primary sources of the ex-secretary quotes to build an evidence base.]]></description>
<content:encoded><![CDATA[Yes, the taxcode is incomprehensible. Use this to your advantage. Is it not impossible to comply with something that is impossible to comprehend in itself? The quotes in this post would be great evidence that the tax code is impossible to comprehend. I would sure love to find the primary sources of the ex-secretary quotes to build an evidence base.]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/there’s-gold-in-them-thar-hills.htm?opendocument&amp;comments#02102010010034PMWEBQAW.htm</link>
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<title>TaxBytes 4.46:“How Bad Can It Be?”  We’re Finding Out </title>
<pubDate>Tue, 12 Jan 2010 03:25:58 AM -0500</pubDate>
<dc:creator>Aliza</dc:creator>
<dc:subject>TaxBytes 4.46:“How Bad Can It Be?”  We’re Finding Out </dc:subject>
<description><![CDATA[thanks, it's very useful]]></description>
<content:encoded><![CDATA[thanks, it's very useful]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/taxbytes-4.46“how-bad-can-it-be”--we’re-finding-out-.htm?opendocument&amp;comments#12.01.2010032558WEBD3S.htm</link>
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<title>SoundBytes 173: Have You Gotten Your Farm Subsidy Yet?</title>
<pubDate>Mon, 28 Dec 2009 07:59:03 AM -0500</pubDate>
<dc:creator>Edward</dc:creator>
<dc:subject>SoundBytes 173: Have You Gotten Your Farm Subsidy Yet?</dc:subject>
<description><![CDATA[Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful and beneficial to your readers.]]></description>
<content:encoded><![CDATA[Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful and beneficial to your readers.]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/soundbytes-173-have-you-gotten-your-farm-subsidy-yet.htm?opendocument&amp;comments#28.12.2009075903WEBJEG.htm</link>
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<title>SoundBytes 173: Have You Gotten Your Farm Subsidy Yet?</title>
<pubDate>Tue, 27 Oct 2009 03:38:52 AM -0500</pubDate>
<dc:creator>martin</dc:creator>
<dc:subject>SoundBytes 173: Have You Gotten Your Farm Subsidy Yet?</dc:subject>
<description><![CDATA[Are these subsidies that necessary? I am not sure about that...<br /><br />Regards, Martin<br /><br />{ <a href="http://rapid4me.com" target="_blank" title="Link: rapid4me.com">Link</a> }]]></description>
<content:encoded><![CDATA[Are these subsidies that necessary? I am not sure about that...<br /><br />Regards, Martin<br /><br />{ <a href="http://rapid4me.com" target="_blank" title="Link: rapid4me.com">Link</a> }]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/soundbytes-173-have-you-gotten-your-farm-subsidy-yet.htm?opendocument&amp;comments#27.10.2009033852WEBDBU.htm</link>
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<title>SoundBytes 210: Should Government Support the Arts?</title>
<pubDate>Tue, 20 Oct 2009 07:33:27 AM -0500</pubDate>
<dc:creator>Tom Bozikis</dc:creator>
<dc:subject>SoundBytes 210: Should Government Support the Arts?</dc:subject>
<description><![CDATA[In this sound bite, there is an historical perspective that art and artists was part of the counterculture. There is a change that has taken place, especially with this administration. The change is that the counterculture is now in charge, and the artistic community, for the most part, is now in power. Could it be that those of us who are in disagreement with our government are now the new counterculture?]]></description>
<content:encoded><![CDATA[In this sound bite, there is an historical perspective that art and artists was part of the counterculture. There is a change that has taken place, especially with this administration. The change is that the counterculture is now in charge, and the artistic community, for the most part, is now in power. Could it be that those of us who are in disagreement with our government are now the new counterculture?]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/soundbytes-210-should-government-support-the-arts.htm?opendocument&amp;comments#10202009073327AMWEBGQY.htm</link>
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<title>SoundBytes 209: Is the Earth Actually Cooling?</title>
<pubDate>Thu, 1 Oct 2009 03:36:42 PM -0500</pubDate>
<dc:creator>Kerri Toloczko</dc:creator>
<dc:subject>SoundBytes 209: Is the Earth Actually Cooling?</dc:subject>
<description><![CDATA[Well done. Maybe we should send Algore a fur coat for Christmas.]]></description>
<content:encoded><![CDATA[Well done. Maybe we should send Algore a fur coat for Christmas.]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/soundbytes-209-is-the-earth-actually-cooling.htm?opendocument&amp;comments#10012009033642PMWEBS6Z.htm</link>
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<title>TechBytes 6.37: The Economy of Creative Exports</title>
<pubDate>Tue, 22 Sep 2009 09:50:51 AM -0500</pubDate>
<dc:creator>NJ Paust</dc:creator>
<dc:subject>TechBytes 6.37: The Economy of Creative Exports</dc:subject>
<description><![CDATA[This is an interesting perspective you present and viable in many ways:<br /><br />"All of us—informed citizens as well as elected officials—need to be reminded that the creative economy is one of the U.S.’s most important economic resources, and the creative economy creates not just jobs but high-paying jobs. The creative economy is one of the few areas where the U.S. runs an enormous trade surplus with the rest of the world, and any thought of economic recovery and continued U.S. economic expansion must factor in continued U.S. global dominance in the creative economy. "<br /><br />It is imperative to also make cost of goods competitive during the production cycle so that those high paying jobs don't go elsewhere--like Canada--using the film industry as one example. Having worked with IATSE for many years there is always an on-going battle in terms of union vs. non-union wages and labor.<br /><br />An intelligent question might be how do we maintain and expand a creative trade surplus as we address peripheral issues that contribute to the outsourcing of the labor & locales to countries that maintain lower costs of doing business while offering better tax incentives? It's not always just about the "higher paying" jobs.<br /><br />Respectfully,<br /><br />NJ Paust]]></description>
<content:encoded><![CDATA[This is an interesting perspective you present and viable in many ways:<br /><br />"All of us—informed citizens as well as elected officials—need to be reminded that the creative economy is one of the U.S.’s most important economic resources, and the creative economy creates not just jobs but high-paying jobs. The creative economy is one of the few areas where the U.S. runs an enormous trade surplus with the rest of the world, and any thought of economic recovery and continued U.S. economic expansion must factor in continued U.S. global dominance in the creative economy. "<br /><br />It is imperative to also make cost of goods competitive during the production cycle so that those high paying jobs don't go elsewhere--like Canada--using the film industry as one example. Having worked with IATSE for many years there is always an on-going battle in terms of union vs. non-union wages and labor.<br /><br />An intelligent question might be how do we maintain and expand a creative trade surplus as we address peripheral issues that contribute to the outsourcing of the labor & locales to countries that maintain lower costs of doing business while offering better tax incentives? It's not always just about the "higher paying" jobs.<br /><br />Respectfully,<br /><br />NJ Paust]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/techbytes-6.37-the-economy-of-creative-exports.htm?opendocument&amp;comments#09222009095051AMWEBKEU.htm</link>
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<title>TechBytes 6.37: The Economy of Creative Exports</title>
<pubDate>Tue, 22 Sep 2009 09:50:33 AM -0500</pubDate>
<dc:creator>NJ Paust</dc:creator>
<dc:subject>TechBytes 6.37: The Economy of Creative Exports</dc:subject>
<description><![CDATA[This is an interesting perspective you present and viable in many ways:<br /><br />"All of us—informed citizens as well as elected officials—need to be reminded that the creative economy is one of the U.S.’s most important economic resources, and the creative economy creates not just jobs but high-paying jobs. The creative economy is one of the few areas where the U.S. runs an enormous trade surplus with the rest of the world, and any thought of economic recovery and continued U.S. economic expansion must factor in continued U.S. global dominance in the creative economy. "<br /><br />It is imperative to also make cost of goods competitive during the production cycle so that those high paying jobs don't go elsewhere--like Canada--using the film industry as one example. Having worked with IATSE for many years there is always an on-going battle in terms of union vs. non-union wages and labor.<br /><br />An intelligent question might be how do we maintain and expand a creative trade surplus as we address peripheral issues that contribute to the outsourcing of the labor & locales to countries that maintain lower costs of doing business while offering better tax incentives? It's not always just about the "higher paying" jobs.<br /><br />Respectfully,<br /><br />NJ Paust]]></description>
<content:encoded><![CDATA[This is an interesting perspective you present and viable in many ways:<br /><br />"All of us—informed citizens as well as elected officials—need to be reminded that the creative economy is one of the U.S.’s most important economic resources, and the creative economy creates not just jobs but high-paying jobs. The creative economy is one of the few areas where the U.S. runs an enormous trade surplus with the rest of the world, and any thought of economic recovery and continued U.S. economic expansion must factor in continued U.S. global dominance in the creative economy. "<br /><br />It is imperative to also make cost of goods competitive during the production cycle so that those high paying jobs don't go elsewhere--like Canada--using the film industry as one example. Having worked with IATSE for many years there is always an on-going battle in terms of union vs. non-union wages and labor.<br /><br />An intelligent question might be how do we maintain and expand a creative trade surplus as we address peripheral issues that contribute to the outsourcing of the labor & locales to countries that maintain lower costs of doing business while offering better tax incentives? It's not always just about the "higher paying" jobs.<br /><br />Respectfully,<br /><br />NJ Paust]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/techbytes-6.37-the-economy-of-creative-exports.htm?opendocument&amp;comments#09222009095033AMWEBKEN.htm</link>
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<title>SoundBytes 204: Is the White House Monitoring Your Political Discussions?</title>
<pubDate>Mon, 31 Aug 2009 02:34:31 AM -0500</pubDate>
<dc:creator>mark J</dc:creator>
<dc:subject>SoundBytes 204: Is the White House Monitoring Your Political Discussions?</dc:subject>
<description><![CDATA[Where is the justis department? O that's right. Kiss our freedoms by by. Nice job stupid voters]]></description>
<content:encoded><![CDATA[Where is the justis department? O that's right. Kiss our freedoms by by. Nice job stupid voters]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/soundbytes-204-is-the-white-house-monitoring-your-political-discussions.htm?opendocument&amp;comments#08312009023431AMWEBAW5.htm</link>
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<title>TaxBytes 6.32: Son of Cash for Clunkers</title>
<pubDate>Tue, 11 Aug 2009 02:18:48 PM -0500</pubDate>
<dc:creator>Steve Pociask</dc:creator>
<dc:subject>TaxBytes 6.32: Son of Cash for Clunkers</dc:subject>
<description><![CDATA[Also, the cash for clunkers is a subsidy for those who can afford new automobiles and leads to a reduction in supply for second hand cars. Not only has it not helped the economy, it probably has not helped the environment. Read our piece on this at ...<br /><br />{ <a href="http://www.theamericanconsumer.org/2009/06/30/cash-for-clunkers-may-not-benefit-consumers-or-the-environment/ " target="_blank" title="Link: www.theamericanconsumer.org/2009/06/30/cash-for-clunkers-may-not-benefit-consumers-or-the-environment/ ">Link</a> } <br /><br />Steve]]></description>
<content:encoded><![CDATA[Also, the cash for clunkers is a subsidy for those who can afford new automobiles and leads to a reduction in supply for second hand cars. Not only has it not helped the economy, it probably has not helped the environment. Read our piece on this at ...<br /><br />{ <a href="http://www.theamericanconsumer.org/2009/06/30/cash-for-clunkers-may-not-benefit-consumers-or-the-environment/ " target="_blank" title="Link: www.theamericanconsumer.org/2009/06/30/cash-for-clunkers-may-not-benefit-consumers-or-the-environment/ ">Link</a> } <br /><br />Steve]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/taxbytes-6.32-son-of-cash-for-clunkers.htm?opendocument&amp;comments#08112009021848PMWEBQNB.htm</link>
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<title>Reagan didn&#8217;t hesitate to confront totalitarians and stand up for freedom</title>
<pubDate>Mon, 22 Jun 2009 10:59:39 PM -0500</pubDate>
<dc:creator>Susan Finston</dc:creator>
<dc:subject>Reagan didn&#8217;t hesitate to confront totalitarians and stand up for freedom</dc:subject>
<description><![CDATA[Hi Tom, If you missed the talking heads yesterday, many mainstream Republicans appear to disagree, including George Will, and even Senator McCain seems satisfied with where President Obama is coming out on the issues in Iran now. None characterize it as a "kowtow" by any means. <br /><br />Also, when Republicans are in office we hear a lot about how politics should end at "the waters' edge," and that foreign policy should be non-partisan, particularly during a time of crisis. This seemed important to the R's in the past. Of course I am not saying that Dems are all that good at this . . . . <br /><br />I'm just saying . . . .]]></description>
<content:encoded><![CDATA[Hi Tom, If you missed the talking heads yesterday, many mainstream Republicans appear to disagree, including George Will, and even Senator McCain seems satisfied with where President Obama is coming out on the issues in Iran now. None characterize it as a "kowtow" by any means. <br /><br />Also, when Republicans are in office we hear a lot about how politics should end at "the waters' edge," and that foreign policy should be non-partisan, particularly during a time of crisis. This seemed important to the R's in the past. Of course I am not saying that Dems are all that good at this . . . . <br /><br />I'm just saying . . . .]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/reagan-didnt-hesitate-to-confront-totalitarians-and-stand-up-for-freedom.htm?opendocument&amp;comments#06222009105939PMWEB6PU.htm</link>
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<title>TaxBytes 6.24: Affordable Coverage Starting at $60k</title>
<pubDate>Thu, 18 Jun 2009 11:50:38 PM -0500</pubDate>
<dc:creator>Party Free Party</dc:creator>
<dc:subject>TaxBytes 6.24: Affordable Coverage Starting at $60k</dc:subject>
<description><![CDATA["And here’s the kicker: The Congressional Budget Office (CBO) just “scored” Sen. Kennedy’s (D-MA) health reform proposal as costing $1 trillion, but with only a net gain of 16 million insured. That’s because lots of people paying for private insurance would drop it and jump the government bandwagon."<br /><br />Voters out there really need to start looking at the details of these plans before blindly supporting them. Partisanship gets in the way of making fiscally sound policies and decisions.<br /><br />We've created a forum to try to get moderates/independents and non affiliated voters to really look and discuss these type of issues without partisanship. This site is a valuable resource we will use..thanks.<br /><br />{ <a href="http://www.partyfreeparty.com/index.php" target="_blank" title="Link: www.partyfreeparty.com/index.php">Link</a> }]]></description>
<content:encoded><![CDATA["And here’s the kicker: The Congressional Budget Office (CBO) just “scored” Sen. Kennedy’s (D-MA) health reform proposal as costing $1 trillion, but with only a net gain of 16 million insured. That’s because lots of people paying for private insurance would drop it and jump the government bandwagon."<br /><br />Voters out there really need to start looking at the details of these plans before blindly supporting them. Partisanship gets in the way of making fiscally sound policies and decisions.<br /><br />We've created a forum to try to get moderates/independents and non affiliated voters to really look and discuss these type of issues without partisanship. This site is a valuable resource we will use..thanks.<br /><br />{ <a href="http://www.partyfreeparty.com/index.php" target="_blank" title="Link: www.partyfreeparty.com/index.php">Link</a> }]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/taxbytes-6.24-affordable-coverage-starting-at-60k.htm?opendocument&amp;comments#06182009115038PMWEB7PP.htm</link>
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<title>On the Pirate Bay verdict</title>
<pubDate>Sat, 18 Apr 2009 03:20:49 AM -0500</pubDate>
<dc:creator>Vincent</dc:creator>
<dc:subject>On the Pirate Bay verdict</dc:subject>
<description><![CDATA[You can't be more wrong and I can see that you have closed your eyes for the real truth. Calling the guys 'crooks' because they have a different view (under different law I might add) is were you can see best how you have closed up. Calling them names will not make them more guilty than they are (not). <br /><br />Furthermore, TPB did not steal anything, they showed people where to find copies of digital material (just like google does). <br /><br />You can't steal digital content, but you can copy it. That is a big difference! If I steal your car, you don't have a car anymore. If I copy the design of your house, you still have your house. See where the big difference is between the two? <br /><br />And finally, the big and mighty corporations have drained the common people and the artists of the bulk of their money for decades and now that is biting them in the ass. People take back what is rightfully theirs and you can't stop them by winning a small case like this one. <br /><br />So, no good and no bad riddance, they are still here, even stronger than before!<br /><br />With regards,<br /><br />Vincent]]></description>
<content:encoded><![CDATA[You can't be more wrong and I can see that you have closed your eyes for the real truth. Calling the guys 'crooks' because they have a different view (under different law I might add) is were you can see best how you have closed up. Calling them names will not make them more guilty than they are (not). <br /><br />Furthermore, TPB did not steal anything, they showed people where to find copies of digital material (just like google does). <br /><br />You can't steal digital content, but you can copy it. That is a big difference! If I steal your car, you don't have a car anymore. If I copy the design of your house, you still have your house. See where the big difference is between the two? <br /><br />And finally, the big and mighty corporations have drained the common people and the artists of the bulk of their money for decades and now that is biting them in the ass. People take back what is rightfully theirs and you can't stop them by winning a small case like this one. <br /><br />So, no good and no bad riddance, they are still here, even stronger than before!<br /><br />With regards,<br /><br />Vincent]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/on-the-pirate-bay-verdict.htm?opendocument&amp;comments#04182009032049AMWEBBT3.htm</link>
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<title>On the Pirate Bay verdict</title>
<pubDate>Fri, 17 Apr 2009 06:44:31 PM -0500</pubDate>
<dc:creator>Sagar Patel</dc:creator>
<dc:subject>On the Pirate Bay verdict</dc:subject>
<description><![CDATA[It seems that the pirates, of all kinds, are having a bad week.]]></description>
<content:encoded><![CDATA[It seems that the pirates, of all kinds, are having a bad week.]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/on-the-pirate-bay-verdict.htm?opendocument&amp;comments#04172009064431PMWEBVUD.htm</link>
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<title>SoundBytes 173: Have You Gotten Your Farm Subsidy Yet?</title>
<pubDate>Wed, 18 Mar 2009 06:52:39 AM -0500</pubDate>
<dc:creator>CHARLES</dc:creator>
<dc:subject>SoundBytes 173: Have You Gotten Your Farm Subsidy Yet?</dc:subject>
<description><![CDATA[ARE FARM SUBSIDIES TAXABLE AS ORDINARY INCOME?]]></description>
<content:encoded><![CDATA[ARE FARM SUBSIDIES TAXABLE AS ORDINARY INCOME?]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/soundbytes-173-have-you-gotten-your-farm-subsidy-yet.htm?opendocument&amp;comments#03182009065239AMWEBH4Y.htm</link>
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<title>I have a new goal in life</title>
<pubDate>Tue, 10 Feb 2009 04:49:42 PM -0500</pubDate>
<dc:creator>chris pike</dc:creator>
<dc:subject>I have a new goal in life</dc:subject>
<description><![CDATA[Dear Tom,<br /><br />You say that other planets are warming. How do you know this? Have you been to the other planets to measure their temperature? How can anyone measure, for example, the temperature of Jupiter, or Saturn, or Pluto? Do you know how far away these planets are? To the best of my knowledge, there are no thermometers on Jupiter. Scientists can barely even see Pluto with modern telescopes. What technology would you use to carry out measure temperatures on other planets? <br /><br />As you are probably aware, getting a reliable measurement of the global temperature is quite difficult even here on earth. Now, can you imagine how much more difficult it would be to get a reliable measure of temperature on Jupiter?<br /><br />Before you spread the claim that other planets are warming, I suggest you look into it a little more thoroughly and ask questions, like "How would anybody be able to establish this?"<br /><br />Thanks, Chris]]></description>
<content:encoded><![CDATA[Dear Tom,<br /><br />You say that other planets are warming. How do you know this? Have you been to the other planets to measure their temperature? How can anyone measure, for example, the temperature of Jupiter, or Saturn, or Pluto? Do you know how far away these planets are? To the best of my knowledge, there are no thermometers on Jupiter. Scientists can barely even see Pluto with modern telescopes. What technology would you use to carry out measure temperatures on other planets? <br /><br />As you are probably aware, getting a reliable measurement of the global temperature is quite difficult even here on earth. Now, can you imagine how much more difficult it would be to get a reliable measure of temperature on Jupiter?<br /><br />Before you spread the claim that other planets are warming, I suggest you look into it a little more thoroughly and ask questions, like "How would anybody be able to establish this?"<br /><br />Thanks, Chris]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/i-have-a-new-goal-in-life.htm?opendocument&amp;comments#02102009044942PMWEBUS5.htm</link>
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<title>Think twice about Obama&#8217;s Stop Fraud Act</title>
<pubDate>Mon, 2 Feb 2009 03:39:53 AM -0500</pubDate>
<dc:creator>pauline</dc:creator>
<dc:subject>Think twice about Obama&#8217;s Stop Fraud Act</dc:subject>
<description><![CDATA[So you think it is fair for the sub-prime lending industry to charge 3 times the "credit worthy" interest rate to people who are tired of having their rented homes sold out from under them? My personal experience is that the sub-prime lenders have preyed on people with less than perfect credit or people who have started a business and have had to opted for a "no doc" loan due to a time factor imposed upon them by an unscrupulous landlord. My husband and I have one of these outrageous loans due to the landlord situation described above and now have a 30 year mortgage with a balloon payment due at the end of the term that is about equal to half the original loan! This is absolutely insane and disheartening! And then they wonder why so many are losing their homes! We'll be in our 80's by the time the 30 years are up, who's going to refinance our house when we're that old?]]></description>
<content:encoded><![CDATA[So you think it is fair for the sub-prime lending industry to charge 3 times the "credit worthy" interest rate to people who are tired of having their rented homes sold out from under them? My personal experience is that the sub-prime lenders have preyed on people with less than perfect credit or people who have started a business and have had to opted for a "no doc" loan due to a time factor imposed upon them by an unscrupulous landlord. My husband and I have one of these outrageous loans due to the landlord situation described above and now have a 30 year mortgage with a balloon payment due at the end of the term that is about equal to half the original loan! This is absolutely insane and disheartening! And then they wonder why so many are losing their homes! We'll be in our 80's by the time the 30 years are up, who's going to refinance our house when we're that old?]]></content:encoded>
<link>http://www.policybytes.org/blog/policybytes.nsf/dx/think-twice-about-obamas-stop-fraud-act.htm?opendocument&amp;comments#02022009033953AMSERDCG.htm</link>
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