Posts - November 2008
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PAY OFF MORTGAGE
November 25, 2008We recognize that to remain at the top we must deliver trendsetting excitement giving our membership a way out of these economic doldrums and changing our inevitable chances.
What’s been created is first and foremost a true simple opportunity to allow each member a piece of the action. What needs to be done? Perhaps the most natural when time is of the essence.
“Pay off Your Mortgage”The campaign plan works like this – You join the member group and your cost is only twenty-four dollars a year. The initial membership requirement is a total of one hundred thousand to start our plan into motion. How do we get there? Through increasing awareness of the program.
Once the goal membership is achieved, the programs each members number is placed into the unique random number generator (members only) once per month and whatever members number pops up – That member will have their mortgage paid up to an amount not to exceed $100,000 to the institution holding said property mortgage note. It’s that simple!
Now it’s time to pose the Question? “ARE YOU IN?”
Your opportunity to improve your advantage is simplified. A straight clean cut program with possibilities to produce a desired result.
SO WHAT DO YOU THINK? Can a program like this work? It seems that the Federal Government is
gambling themselves by taking the taxpayers money and creating the BAILOUT - with hope of
profiting in the future.So why can't they just (pay off each taxpayer mortgage) with the bailout funds, again not
to exceed $100,000 as forementioned in this article. To easy huh!Well if a program was implemented as mentioned, for a lousy $24.00 a year with all those
members (100,000) we could easily help each mortgage holder to attain the "freedom"
from this lifelong debt.It's only a thought .... simple, but effective, maybe I'll form an organization to try
and get it off the ground .. anyone interested?
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DESPICABLE
November 24, 2008Today I'm annoyed, a feeling of dismay considering the affairs in the USA, gas prices, housing, mortgages, loss of people’s homes. Everywhere I turn something or someone is DESPICABLE. Someone hits you with a door. The sandwich shop burns your food while eating out. Your flight is cancelled twice.
A player goes all in and breaks you on the river. Over and over again I hear DESPICABLE! Everyone uses this word, in Merriam - Webster dictionary, "Despicable" means, (worthless or obnoxious as to rouse moral indignation behavior) Bull, no one feels this way when they take your money. That’s why there playing, to take every nickel you have!
I was having excellent luck. With $100 buy-in I ran it up to $1700. I didn't walk away from the table with this $$$$. Luck changed, it was so bad that on occasion I didn't even have toll money to get home.
Don't tell me your DESPICABLE, just tell me the truth, If I f ......up, it's a problem I have, and why do you give a shit. I was a bonehead for playing that horrible. Lucky, no way, I shouldn’t have chased all those cards to the river. Now that terrible player who beat me has all my chips.
Don't blow smoke, you know where. Is it truly DESPICABLE for winning pots, you've missed the boat buddy. Why are you sitting at the table? To win the other player's money, RIGHT!
The game of poker and the table you sit at should not be DESPICABLE.Does the HOBO feel sorrow after finding $10 on the street? Shit NO! ... Poker players should never feel DESPICABLE. Poker players should never apologize for winning, don't ever for playing well. Instead, take your winning and get the hell out!
So, what do you think? Can you find a way to stop saying wow that was DESPICABLE? Because if I hear it again from a winner, I hope they chock!
Good luck at the tables
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BAILOUT
November 20, 2008Poker is that kind of game we learn fairly fast. A game for all ages, young and old, and as players we all have our wins and losses, two words that we maintain in our playbook of our poker lives. But a new word has evolved _BAILOUT_ Wow! An easy word to say and a fun word to use and I don’t mean Jail _ “Bail me out!”
I’m thinking of the top 10 questions and answers about this world’s financial bailout, with businesses closing and people laid off from work, unemployment is at its worst in decades. So how do we get a full grasp of the word Bailout economically. Here are some questions and answers.
How much will bailout cast?
The total cost estimated at 750 billion dollars, the keyword here is estimate! So if the housing market keeps dropping and other financial turmoil continues, it could push the plan cost to $1 trillion.
What is Government actually going to purchase?
Primary focus is mortgage backed securities, whose value cracked due to foreclosures and home value declines, although government may add debt tied to auto loans, credit cards, student loans and packaged into the final bailout.
How long will the bailout plan be in place?
Possibly over the next two years, about $11 trillion in mortgages as listed as delinquent or in foreclosure. The plan allows the purchase of these mortgages in hope that one day reselling mortgages to investors for a profit. (Is this gambling?) No, just an investment, Oh! A twist of words, mmmm I see!
How much will the Government spend?
They don’t really know, they don’t need to buy the mortgages at fire sale prices, instead, they could pay market value for faulty mortgages to help stabilize things.
What if more than $750 billion is needed to bailout Wall Street?
If more funds are required beyond the initial plan proposed, Congress will have to approve additional funds. Factor – How purchases of bad mortgages impacts the market if bailout sends economy upward, the bailout would cost less than $750 billion.
How much will the plan cost an individual taxpayer?
Some estimate the bailout cost every US resident over $2,000 assuming the bailout plan works. However, depending on how the money is put to use, the liability owned by the new fund would exceed the value of the annual budget of the Pentagon.
Who will be in charge of the new fund?
The plan gives unprecedented power to the Treasury Secretary right now some provisions in the bill are being frowned upon by members in Congress and will probably altered before a final bill passes.
Will executives still be eligible for so-called “Golden Parachutes”?
Past few days lawmakers on both sides Democrats and Republicans have agreed to limit the executive pay for companies that take part in the bailout program. It seems no more big payouts to CEO’s of companies who are in trouble.
Is the Government taking other steps to help the markets?
Government stopped traders from short-selling shares of financial companies – short selling is a bet that the company stock will go down and in a small way helped drive some institutions out of business.
Some say Federal Reserve may have to raise interest rates if the market thinks the Treasury overpaid for the mortgages, and because of the bailout the President has asked Congress to raise the national debt ceiling for the fiscal year 2009.Has anything like this happened before?
Historically, not unprecedented, dating back to the financial crisis in 1792. In 1930”s the US was sinking into the middle of the Great Depression, at that time 1,000 people per day were losing their homes to banks. President Franklin Roosevelt and Congress created Home Owners Loan Corp. to help prevent larger scale foreclosures, issuing mortgages backed by the Government.
In 1980’s Savings and Loan crisis struck US, the S&L’s industry broke down when interest rates jumped and financial institutions began to collapse. Over 3,234 S&L’s closed from 1986-1995. The Government wound up owning shopping centers, homes, resorts and other assets after buying up the Savings and Loan assets, in the end it cost the US taxpayer $124 billion.
So where does this leave us? Hoping to avoid a long term economic slowdown globally, even a depression. The old adage seems to be true and Governments throughout the world are all set to “Shuffle up and Deal” and we’re all paying for the action.
Good Luck – Good Life – Good Horrors.. YOU CHOOSE!
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Stand out from the Crowd
November 13, 2008Want to be a millionaire? Like making Money? So, let’s assume you’re on the way to doing this. You must be dabbling in some sort of investing like venture capital, stocks, real estate, gold or NAH! You can’t be playing POKER? Or can you?
If you’re playing poker then you must have one of those simple secret systems that you had to purchase. You know the one’s that tell you in a few months you’ll be a winner and the money will be rolling in. Wow! Those entire secret’s at your fingertips just for the price of the books, tapes, videos or cd’s.
Hey we’re all hoping for that magic mystical system that leads us to the end of the rainbow and that pot of gold. The simplest secret I can tell you from all those magical systems is “When you got the Hand” like the sneaker company Nike says “Go for It” – You don’t have to be brilliant (you know a rocket scientist) to understand, we’re all trying to win your money, me included!.
The better way of doing this is with bets – Solid Bets. Why? This helps you gain information on your opponents; it narrows the type of hands an opponent is likely holding. Betting to small may encourage your opponent to go for that hand he’s chasing.The sequence of betting on the flop with a small bet is common, but, bigger betting the turn is now making your opponent think. A wimpy bet on the turn may just fire up your opponent and give him the advantage of calling to catch that card on the river.
Remember again, don’t make it easy for your opponents to stay in, you will fail in getting informed on a type of hand he or she holds. We all know there’s no money back guarantee, especially in (low-limit stakes games) where the players call a lot. Hopefully you can reduce the possibility of them calling.
I don’t have all the secrets, we’re all learning from day to day, game to game. I know you understand me. This useful tool may someday make you that better player, because of the decisions you make over the average player. So, “Go for It!”
Good Luck or Good “Horrors” at the tables
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FOOD for THOUGHT
November 04, 2008Hungry, Famished? Wow, you certainly can woof down that meal you’re eating. We know you need it – You want to fuel the brain cells for those tough decisions at the poker table. Boy! This stuff tastes good.
Ah! Now that I’m full and contented, I can sit back down and win, win, win. Good meal or is it?
Let’s test our taste buds and see exactly what we just consumed. It’s not like knowledge or is it? Oh, yes, we maintain knowledge in our memory. So guess what we just stored what we ate in our bodies.
Hey, remember in poker you go with the ups and downs, the swings, so called. With all the calories, fat, and cholesterol is it possible we just ate a loaded lunch? Even eating healthy can be heavy.
Chicken sandwich – 320 calories Caesar Salad – 190 calories Soda/Sprite – 130 calories that’s a total of 640 calories.
Cheeseburger and fries - kids’ size – 610 calories Sub/sandwich 6 in double meat Italian – 630 calories.
McDonalds double quarter pounder with cheese – 740 calories and a heart clogging 155 milligrams of cholesterol. But, nothing beats out Burger King triple Whopper with cheese – 1230 calories, 82 grams of fat, 275 milligrams of cholesterol.
Remember, most nutritional information maybe on the food wrapper or posted somewhere in the establishment. So I guess the old adage applies “you are what you eat”.
With just a little research you can find out exactly what you are eating. Just like when you have a poker question and do the RESEARCH. In this way, you’ll be able to finish this great game of poker and come out a winner.
Oh! Excuse me is this cholesterol heaven? No, just the clogged artery playground, thanks but no thanks .... YOU DECIDE!
