With all the Health Care Reform brouhaha about losing the public option (which I want 100 %!) it may seem that we Democrats are losing the Health Care Reform battle – that’s not true.  Don’t believe the hype.

No,  we are not getting everything we want (neither is anyone else) but the chances of us getting everything we wanted with hundreds of law makers voting in Congress and needing 60 votes in the Senate was never realistic…it wasn’t going to happen; not ever.  There are too many politicians with specific political interests and geographical interests to make any one group or region completely happy.

But let us not forget the prize — Health Care Reform.  Let us re-focus. I know we’re in the middle of Hanukkah and Christmas is next week but we must get this done.

Even without the public option an additional 33 million Americans will receive health care benefits – we want that.  Even without the public option all insurance companies will legally have to cover you and me and our families and friends and neighbors regardless of pre-existing conditions – we want that.  We have NEVER had that in American health care before.  That is major!!! That is worth it to me. Plus there are other benefits even without the public option.

Don’t forget that when Health Care Reform is passed it WILL be tweaked in the upcoming months and even years to come so that things that seem to be lost now can be added later. 

The important thing is to PASS HEALTH CARE REFORM NOW so that we have a foundation to build on; we can always make the bill better later.  If we don’t pass Health Care Reform now the precedence will be set that says we really don’t care about Health Care Reform and we will probably never see health care pass in the next 30 years — we can’t wait 30 more years!!!  Remember that this fight has been going on for over 60 years!!!  This is the closest we have ever been so let’s get this done in 2009.

Please contact your elected officials and tell them to PASS AMERICA’S HEALTH CARE REFORM BILL BEFORE CHRISTMAS!!!

You’ll find links to e-mail, tweet, postal addresses, and phone numbers for key elected officials from our President to State Legislators at http://www.usa.gov/Contact/Elected.shtml.  All you have to do is enter your zip code and your elected officials’ information will pop up.

Keep your eyes on the prize.  Call your elected officials today!!!

Happy Holidays!

Why Now May Be a Good Time to Consider Refinancing a Mortgage

With mortgage rates hitting record lows, it may be time to think about refinancing.

The rate on a 30-year fixed mortgage with no points hit 5.01 this week, slightly up from 5 percent last week but down from 5.97 percent this time last year, and the 15-year fixed mortgage rate hit 4.46 percent, compared with 4.47 percent last week, according to the latest data released Wednesday from Bankrate.com. These rates are at, or close to, the lowest levels since the company’s tracking began in 1985.

At the same time, the Mortgage Bankers Association said interest rates on the 30-year fixed-rate mortgages it tracks fell for a sixth straight week, remaining below the 5 percent level, “widely viewed as a psychological tipping point” according to this article.

The record lows are thanks to a combination of the Federal Reserve showing no inclination to raise short-term interest rates and investors and foreign central banks maintaining a healthy appetite for debt issued or guaranteed by the United States government, said Greg McBride, Bankrate.com’s senior financial analyst. And they come as many homeowners are finding themselves owing more than their house is worth and are having trouble making mortgage payments.

There is also a limited-time government program that helps people to refinance if they are slightly underwater. The “Home Affordable Refinance Program” is not as widely discussed as the related loan modification program. And it has been criticized by some housing experts for helping financial players profit. Still, it aims to help homeowners who have a mortgage balance equal to or greater than the value of their home refinance and obtain more affordable monthly mortgage payments.

The program is available until June of next year to homeowners who meet certain qualifications, including having loans owned or guaranteed by Fannie Mae or Freddie Mac and having a first mortgage that does not exceed 125 percent of the current market value of the home. (See if you qualify and find out how to apply if you do here).

With the risk that rates may not stay this low for long and that the government program will end, “there is a window of opportunity” for refinancing that will not be available for long, Mr. McBride said. He recommended that those who think they may not qualify for the program to double check what their home is worth to confirm this. Then, even if you don’t ultimately qualify, he suggested considering trying to refinance anyway if you are paying a higher rate on a fixed-rate mortgage or have an adjustable-rate mortgage.

“Today’s record low mortgage rates represent an opportunity for homeowners to refinance at lower fixed rates or to trade out of an adjustable rate mortgage before an inevitable increase in rates and lock in permanent payment affordability,” he said.

Are you considering refinancing in this environment? Why or why not? If so, what kinds of problems and hurdles, if any, have you run into trying to refinance? (Find more information about mortgages here and more information about loan modifications here).

Original link: http://bucks.blogs.nytimes.com/2009/12/02/why-now-may-be-a-good-time-to-consider-refinancing-a-mortgage/

The Obama administration in a proactive move plans to announce a campaign on Monday, November 30 to pressure mortgage companies to reduce payments for many more troubled homeowners since the $75 billion taxpayer-financed effort aimed at slowing down foreclosures is stalling.

In an interview the Treasury Department’s Assistant Secretary for Financial Institutions Michael Barr said: “The banks are not doing a good enough job. Some of the firms ought to be embarrassed, and they will be.”

In recent months even as lenders have accelerated the pace at which they are reducing mortgage payments for borrowers a vast majority of loans modified through the program remain in a trial stage lasting up to only five months but only a tiny fraction of loans have been made permanent.

Mr. Barr said the government would try to use shame as a corrective, publicly naming those institutions that move too slowly to permanently lower mortgage payments. The Treasury Department also will wait until reductions are permanent before paying cash incentives that it promised to mortgage companies that lower loan payments. “They’re not getting a penny from the federal government until they move forward,” Mr. Barr said.

Lawyers who defend homeowners against foreclosure insist that mortgage companies amass ridiculously profitable fees from long-term delinquencies and that is more beneficial to them than lowering mortgage payments to affordable levels. In October an oversight panel created by Congress reported that less than 2,000 of the 500,000 loan modifications being processed had become permanent under the Making Home Affordable program. When the Treasury releases new numbers next month, it is expected to report a disappointingly small number of permanent loan modifications, with estimates in the tens of thousands out of the more than 650,000 borrowers now in the program.

Even as our economy tries to find its footing the Treasury department is under pressure to help every day Americans who should have been helped by the banks and financial institutions who benefited from the bailouts on Wall Street.  These financial institutions seem not to feel that they have any moral responsibility to help the hundreds of thousands of households falling into delinquency daily because of the economy and high unemployment numbers. These financial institutions are reporting massive profits but are not helping everyday Americans – they are lining only their own pockets.

The administration’s Making Home Affordable program was put into operation as a means of helping three to four million households from foreclosure but because of the greed of some financial institutions it seems that only 50% of those households will receive the help they should have received. The Obama administration is trying to outwit the financial institutions they helped by publicly putting pressure on these institutions to do what they promised to do.  A White House aide said that they will continue to refine the program as needed and will not be satisfied until more program participants are transitioned from trial to permanent mortgage modifications.

Six in ten Americans favor a ban on the use of federal funds for abortion. Fine.  But let’s not let that stop us from passing Health Care Reform. The abortion issue and Health Care Reform are two completely different issues.  Don’t be distracted.  Don’t lose your focus.

I personally don’t believe in abortions but I believe in a woman’s right to chose.  I am not God and will therefore not judge someone else’s circumstances.  I do not believe that “the public at large” or our law makers should create legislation that would prevent many women from getting their health insurance plan to cover the cost of an abortion, even if no federal funds are involved. That’s just too black and white — what about women who are in a medical crisis?

These same people who are screaming that government is too big are the same people who want to micro-manage other people’s reproductive organs and choices.  Hypocrites!!!

Most Americans like most of the current House bill.  They like the parts that add new regulations to the health insurance industry that will stop them from discriminating against pre-existing conditions and provide more coverage for people who can’t afford health care.  Americans also like the language in the bill that requires companies to provide health insurance to their workers. But most of us are not so sure about the language that requires people to get health insurance on their own if they don’t get it through another source.  We agree with and understand the philosophy behind it, but it’s worrisome.

Folks, let us work this out.  Let us create a bill that benefits the majority of Americans.  Let us pass Health Care Reform.  Send a letter via US mail or send an email or call your elected officials and tell them what you don’t like about the existing bill and what you do like and support. Your voice matters.

Participate in the process.  Let your voice be heard. Tell our law makers to make the current House bill even better but please continue to support Health Care Reform.

Contact your elected officials — everyone from our President, Vice President, Senators, US Representatives, Governors and State legislators — by going to http://www.usa.gov/Contact/Elected.shtml

  This morning, we are one step closer to achieving health care reform in the United States of America.  Can I get a “hip, hip!”

Nancy Pelosi and The House voted 220-215 on Saturday night on health care legislation that would provide way past due relief to Americans struggling to buy or hold on to health insurance.  One Republican, Representative Anh “Joseph” Cao of Louisiana voted with the Democrats.

Some Democrats said they voted for the legislation so they could seek improvements in it. “This bill will get better in the Senate,” said Representative Jim Cooper, D-Tennessee who has been outspoken in his criticism of some provisions of the bill but decided to support it. “If we kill it here, it won’t have a chance to get better.”  “Our plan is not perfect, but it is a good start toward providing affordable health care to all Americans,” said Representative Peter A. DeFazio D-Oregon.

Senate Majority Leader Harry Reid and The Senate still have to bring their health care plan to the floor for debate. Once their decision is made then the House and Senate will bargain and hopefully reach a deal on a final bill that will go to President Obama for signing.

The health care legislature passed last night will be paid for through new fees and taxes along with strategic cuts to Medicare.  The plan will extend coverage to 36 million people now without insurance while creating a government health insurance program. It would end insurance company practices like not covering pre-existing conditions or dropping people when they become ill.  Most employers would have to provide coverage or pay a tax penalty of up to 8 percent of their payroll. The bill would significantly expand Medicaid and would offer subsidies to help moderate-income people buy insurance from private companies or from a government insurance plan. It would also set up a national insurance exchange where people could shop for coverage.

“We did what we promised the American people we would do,” said Representative Steny Hoyer, Democrat of Maryland and the majority leader, but he also warned, “Much work remains.”

The successful vote came after President Obama traveled to Capitol Hill to make a personal appeal for lawmakers to “answer the call of history” and support the bill.

During the private meeting with Democrats in the Cannon Caucus Room, the President acknowledged the political difficulty of supporting major legislation in the face of unanimous Republican opposition and tough criticism from conservatives.

Lawmakers credited President Obama with converting a final few holdouts during his appearance at a closed-door meeting with Democrats just hours before the vote. Democratic officials said that the President’s conversation Saturday with Representative Michael H. Michaud, D-Maine, was crucial in winning one final vote.

After the vote, Mr. Obama issued a statement praising the House and calling on the Senate to follow suit. “I am absolutely confident it will and I look forward to signing comprehensive health insurance reform into law by the end of the year.”

But don’t forget, there’s lots of work still to be done.  We will have to make calls, send letters and send emails to our Senators in the upcoming weeks so that they will pass a health care plan.

  The New York courtship of LeBron James began in earnest when the scheduling gods curiously put his only appearance at Madison Square Garden on the same day as the Yankees’ World Series victory parade.

  If you believe in conspiracy theories, then this is right up there with the “chilled” envelope pulled by David Stern in the 1985 Draft lottery, putting Patrick Ewing in New York. You mean LeBron, a die-hard Yankees fan, gets an up-close look while the city is being painted in pinstripes? Is there a better marketing opportunity?

Is this better than anything Madison Avenue could dream up?

  The Knicks hope the intoxicating celebrity factor will be enough to sway LeBron next summer as a free agent, because that’s all the Knicks really have in their favor. They can’t offer more money. They can’t offer a better collection of teammates, at least not right away. They can offer Spike Lee while Cleveland offers Drew Carey. They can (and will, you watch) get Spike and Chris Rock, among other celebrity row fixtures, to make a recruiting film in which famous people explain to LeBron why playing in New York will be far more enjoyable than playing in Cleveland.

(Sample pitch from Rock: “Hey LeBron, where you celebratin’ after a tough game in Cleveland? Arby’s?”)

  A handful of the Yankees, still smelling of champagne, will be strategically seated at courtside Friday, making LeBron the second-most loved athlete in the house … if Derek Jeter shows up.

  Then there’s C.C. Sabathia, big basketball fan and friend of LeBron’s from when Sabathia played in Cleveland; he left for New York and scored an instant jackpot, both with money and a ring. The video screen will constantly show their faces and they’ll get a standing ovation, all designed to show LeBron what it’s like to be a champion in New York. And the fans, no doubt, will chime in, cheering LeBron at warmups (like, who else will they cheer this year?), gushing whenever he does something spectacular and chanting “MVP,” as they did last year, when he dropped 52 on the Knicks.

  All this will play to LeBron’s ego and convince him that a star of his magnitude needs to be in New York. That theory, by the way, is obsolete. Maybe 20-25 years ago, a star could receive better perks in New York, as Reggie Jackson did when he left the small market A’s. But with the global media and advertising of today, that’s not really necessary. LeBron blew up commercially without ever leaving Cleveland, and that will continue to be the case if he stays in Cleveland.

  Obviously, the big factor for LeBron is collecting championships and whether his best chance is in Cleveland with a Cavs’ team that’s probably third-best behind Boston and Orlando and lacks a starry supporting cast, or a Knicks team being furiously stripped and rebuilt on the fly. The Knicks hope it also comes down to the stars and whether LeBron wants to hang with his buddy Jay-Z after the game, or retire to his palatial pad in Cleveland and call it a night.

That’ll be LeBron’s decision to make next July. And guess what? The Yankees should be in first place then, too.

Friday, November 6 @ 8pm EST on ESPN Cleveland Cavaliers at New York Knicks!

It started way early this year. Walking around coughing. Runny nose. Deep congestion. Unsettled stomach.  Waking up at 3am and not being able to fall back asleep.  Despite the make-up I was wearing, I looked sick but I didn’t have a severe fever.  Yes I had muscle aches and chills and went from hot to cold in a nanosecond and a temperature higher than 98.6 but I didn’t have a severe fever.

I live in Florida so usually the flu doesn’t hit us until February – not this year; the flu came early.

Everyone who looked at me, and saw me blowing my nose, or coughing, probably thought I had the swine flu. I stopped at a local pharmacy and bought cough drops, aspirin and two different types of flu and cold medicine, as well as a large carton of orange juice. As the cashier saw me approaching, her eyes got big. She began to hesitate — as if she didn’t want me to approach her register. I could tell she thought I had the swine flu.

I tried to comfort her — telling her it was simply a pre-emptive strike. I said I was fine, but simply had a sore throat. I said I wanted to start drinking orange juice early just to play it safe. I doubt she fell for anything I said.

It seems like the different viruses, colds and other bad bug strains out there may be packing a little bit more punch this year. Most folks who get sick now automatically assume they’ve got the swine flu. I did, and it was kind of scary. I even went to the ATM machine and took out money — fearing I could end up in the hospital in a matter of hours.  Don’t ask the logic behind that thinking.

Since we don’t usually see a full blown outbreak of the seasonal flu in Florida until February health officials believe most of the influenza activity we are seeing right now is H1N1, and not the seasonal flu. So we could be looking at a double dose of flu activity this year. Swine flu now and seasonal flu later this winter. Hopefully that won’t be the case, but things are certainly off to a bad start.

It’s starting to look like we are in for a long and rough flu season. I’ve got my hand sanitizer ready. I’m sick now and I have no desire to get sick again.

The 2009 virus circulating the world isn’t strictly swine flu; rather, it’s a mix of swine, avian and human influenza that has never been seen before in humans. In the upcoming months, we’ll be dealt the double whammy of seasonal flu season and a potential second wave of swine flu.

Some people already have enough trouble determining if they have a cold or the flu; the symptoms are similar, although the flu’s symptoms are a bit more intense. But it may be especially difficult to know if you have swine flu or seasonal flu, since the symptoms are extremely similar. Symptoms include fever, cough, sore throat, stuffy or runny nose, body aches, headache, chills and fatigue. Swine flu patients also report diarrhea and vomiting, not usually present in seasonal flu.

A laboratory test is the only way to confirm a case of swine flu, but few tests have been done as most swine flu cases thus far look like a bout with seasonal flu. Many people recover without needing any medication or hospitalization, and some might not even know they’re ill. The mild nature of swine flu has led some to question why there needs to be any worry, as deaths have been far less than those attributable to seasonal flu.

However, because the current H1N1 influenza is completely new and no one has immunity, public health officials warn that swine flu could eventually cause more complications than seasonal flu does. Not only will there be more complications, they’ll likely be more serious. So far, doctors have reported that swine flu is more likely to result in viral pneumonia, as opposed to bacterial pneumonia often seen in seasonal flu cases; the bacterial version is much easier to treat than the viral kind.

Even if you don’t know if you have swine flu or seasonal flu, head to the doctor if you start to experience symptoms that aren’t part of a typical flu experience; these may be the warning signs of serious swine flu complications. That means everyone needs to remain vigilant about their health in the coming months.

Because swine flu and seasonal flu are transmitted in the same way, everyone should be on watch when it comes to prevention. Cover your mouth with your elbow when you cough or sneeze, wash your hands often, stop touching other people’s stuff in the office, don’t touch that door handle, stop talking in other people’s face and stay home when you’re sick. Whether you have seasonal or swine flu, you’ll be doing everyone around you a favor.

I’m GLAD that I don’t have the ‘swine’ — just a bad case of the good old seasonal flu which takes about five to ten days to shake — according to the doctor.