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i am a family physician who was diagnosed with
early mild cognitive impairment(mci) amnestic type on december 21, 2010
this is a precursor to alzheimers disease
because of this diagnosis i have opted to stop practicing medicine
this blog will be about my journey with this disease
please feel free to follow me along this path
i will continue blogging on organic gardening, green living,
solar power, rainwater collection, and healthy living
i will blog on these plus other things noted to be interesting

Showing posts with label derivatives. Show all posts
Showing posts with label derivatives. Show all posts

Wednesday, February 25, 2015

there you go again

THERE YOU GO AGAIN
Image result for ronald reagan
president reagan said those famous words years ago
at a political debate
now
i think
elizabeth warren mutters it everyday
Image result for elizabeth warren
i think whether you are a democrat or republican or independent
or nothing
you need to like her
since
like ive said before she is on our side
she is watching out for our best interest
the not rich guys
no matter their political persuasion

we have to have someone like her up there
to be a thorn in the side of those who
got us in all that financial mess we were in

i think you will like her if you just focus on the things
she does to protect all of us
just forget about politics

now i realize she is too liberal on other issues to ever be
elected president
but
i wish we could get someone running that had
that fire in her belly that she does
someone who was really truly
on our side

i noticed her standing beside the president when he was
talking about excessive fees that many of you are paying
for your investments
not me my fees are the lowest there is
any move to decrease these are being met with resistance
and
big money is being put up to fight it
since those too big to fail folks
the ones we saved and it seems are set up to save again
if need be
are some of the ones set to fight it

derivatives that dirty word is back again
you go senator warren fight those things for us
our great grandkids will be paying for the last bailout
on those things
and
we i should say our great great grandkids will be on
the hook for the new derivatives
why cant we learn
oh thats right
follow the money where it flows
to both the democrats and republicans
thats why all this stuff happens
they work together to protect those with the money
and
we all have to pay for it

in sundays local paper i read this article on
low down payment mortgages at many loan places
now
these are the ones that started the mess that
almost destroyed our country financially
sending us down an abyss that we are still
trying to get out of

the freddie mac is allowing these 3% down loans
fixed rates to be done
lets see 3% on a $100,000 house
thats $3000
im sorry this doesnt feel right to me
makes me feel real uncomfortable

my thought is that
you dont have the money for a larger down payment
then
you just keep on renting your apartment or house
many folks are better off doing it this way anyway
you cant default on rent

lets dont put all of those folks at high risk of personal
financial collapse again

in the words of ronald and elizabeth
there you go again

just dont do it please

the organicgreen doctor

Monday, December 15, 2014

this is troubling

THIS IS TROUBLING
remember these words from a few years ago
to big to fail
derivatives
bank bailout

bad dirty words for us the middle class
whether we are republican democrat or independent
or
even if you arent anything

those word have returned again
to haunt us into the future
since
we are the ones that will pay for it all

citigroup was one of the too big to fail banks
that has used its influence on congress
yes on both democrats and republicans
to get what they want

they received a 1/2 trillion dollars
thats $500,000,000,000 of our dollars
yours and mine

to be to big to fail
to use those derivative things again
with our guarantees if they fail
thats you and i

a continued bank wall street bailout

now senator elizabeth warren spoke out
one of the few who did
against all this
wonder why the others didnt speak out

she after all is on our side
whether we are democrat republican or independent

below is her speech on the floor of the senate
listen to it
forget she is a democrat
she is speaking the truth
she is speaking for us the middle class

listen as she explains what is happening
this is troubling

or click on this link

remarks by senator warren on citigroup and its bailout provision

its disturbing that this all continues
leading us back to where we were
just six years ago

we know now who really controls things up there
its not us

we sent those people up there
to work for us not them

so
i guess some of this is our fault
since
we just send them back year after year

yes this is troubling

the organicgreen doctor