NPR : Oil Prices Romp Toward $100 Per Barrel

NPR : Oil Prices Romp Toward $100 Per Barrel: "NPR.org, November 7, 2007 � The price of light sweet crude oil pushed above $98 a barrel for the first time on Wednesday and was poised to cross the landmark $100 threshold, driven by worries about a winter fuel crunch."

You know these games are played with the American public every year and every year we put up with it. They add ethanol to our gas to keep water out and to keep low gas prices but i can tell you that my car hates it. I get the worst gas mileage with ethanol in my gas and i have no choice but to buy it. If you don't feel scammed by the greedy SOB's that run this industry you should . I believe they just think we are stupid sheep that will believe anything we are told on TV. The sad truth is that they are correct we believe everything we see on TV because we are programed to. I think it is time for the American public to call there bluff and stand up for our rights for a change if we all stood together and said we were not going to go to work until the prices drop i am willing to bet that the price would be down by 10 o'clock in the morning. I know we would have a hard time getting every one to do this because most of the country lives in fear of loosing everything they have worked so hard for . That comes from the TV showing you how bad everyone else in the world lives compared to us. Programed once again to believe you have to work to enjoy only a small percent of your life controlled by the few that show you what you can have if you are a good little sheep and do what they say. The funny thing is the ones that have what you want are using you to get it. Think about it let me know what you think.

Good Day Have Fun and live life

Wayne

Schumer Urges Countrywide to Help Refinance Loans (Update4)

I was reading the below BLOG and find it hard to believe that the United States Government can not find a solution to help Americans that are in foreclosure.

Bloomberg.com: Worldwide: "Aug. 29 (Bloomberg) -- U.S. Senator Charles Schumer called on Countrywide Financial Corp. to waive prepayment penalties, refinance loans and eliminate ``above-market fees'' to help homeowners struggling to make payments on subprime mortgages. Countrywide, the biggest U.S. mortgage lender, should stop paying higher commissions to brokers who steer borrowers to high-cost loans that ``are designed to fail,'' Schumer told reporters in Washington today. ``I am calling on Countrywide, as our nation's largest lender, to bury its bad business practices and reverse some of the damage it has already inflicted on our housing market,'' the New York Democrat said. Schumer, a member of the Senate Banking Committee, has been among the most vocal lawmakers seeking tighter restrictions on mortgage brokers. He introduced legislation in May to set U.S. standards for brokers, including requiring them to assess a borrower's ability to repay at a loan's highest interest rate."

You know there is a fairly simple solution to solve these problems.
1st the government needs to set up a government funded loan company that buys notes on houses in foreclosure. They then need to reevaluate the terms of that loan allowing for a cheaper payment. This may require them to stretch the note over 40-50 years. I know there response is that the shouldn't need to bail these people out. Well that may be true. You cant say the government leads by example they show us exactly how to misappropriate funds we are in how many trillions of dollars in debt? Are Social Security is in what shape? The fact is that the government should help the people instead they find new ways to screw the people. The government also has an obligation to turn this country into a profit making country not a debt creation country. By creating these loans they will start making money with our tax dollars instead of spending it. If they would adopt this new philosophy we may find that we create a new richer country. Any good corporation is always on top of the day they know times change and if you don't stay ahead of the competition you will loose. The United States needs to take a good look at this country as a corporation and realize to be strong the key is to teach its people how to manage money well. Our country is the greatest country in the world. I just wonder for how long with the retards we choose to elect. Most of them have companies that are successful you would think they could come up with a good way for us to make money besides taking it from us.

Please comment

Wayne Money