Health Care Reform: Even Without The Public Option It’s BETTER Than What We Have Now!!!

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!

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Economy: Why NOW May Be A Good Time To Refinance A Mortgage

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

By JENNIFER SARANOW SCHULTZ

 

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/

Health Care Reform: House Vote Brings Us One Step Closer To Success

  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.

VOTE!!! IMPORTANT Elections on Tuesday, November 3rd, 2009

Do you have an election in your community this week?  If you do, go out and VOTE and take a friend with you.

Folks, there are elections all across the country on Tuesday, November 3 and THEY MATTER. 

We’ll see important elections for Governor in New Jersey and Virginia and important Mayoral elections in Atlanta, Houston, New York and other cities and we should be focused on them.  Plus races for City Council, State Legislature and other positions are also up for grabs.  These elections might not receive as much publicity and hype and may not seem to be as ‘sexy’ as the Presidential elections but they are more important in many ways.

These elections will affect our daily lives: The raising of fees, property taxes, making our schools more effective, fighting disparities in our criminal justice system are all determined by the City Council, Commissioner’s Court, Sherriff’s office and by local and state judges yet we ignore these elections.  We should gladly spend time in lines to make sure our votes are counted in our local elections.

Even though President Obama is the leader of our country and the leader of the Democratic Party, once he authorizes monies to go to our communities our local elected officials are the ones who decide HOW to spend the monies. 

Our President is VERY important but our local elected officials are the people who allocate these funds in a meaningful way or waste it to serve their own personal agendas.

In order for President Obama’s policies to be effective, we need local politicians in office who have a similar vision.

Know which local politician(s) in your community will do the most for you and your family.  Share this information with your neighbors and friends and please make sure everyone in your household go out and vote and make sure each person takes a friend with them to the polls.

Keep your eyes on the prize — vote on Tuesday!!!

President Obama Honors Fallen American War Heroes At Dover

As he weighs whether or not to send more troops into the Afghan war zone, late last night President Barack Obama made a solemn trip to Dover Air Force Base to honor some of our fallen soldiers by being there personally to greet the 18 flag-draped caskets of young American soldiers killed in action this week.

When he arrived in Dover, Delaware our President travelled directly to a base chapel where he met privately with families of the fallen Americans. Former President George W. Bush visited the families of hundreds of fallen soldiers but did not attend any military funerals or go to Dover to receive the coffins.

The Dover base is about 100 miles from the White House and is the entry point for service personnel killed overseas.

Asian Countries Uniting To Form EU Type Power Structure

As some Americans sit around huffing and puffing and thinking small;  as they continuously work on dividing and conquering the United States of America, the Association of Southeast Asian Nations (ASEAN) met last week and made moves toward uniting socially and economically in an EU-style community which would encompass half the world’s population.

So as we continue to fight amongst ourselves in America and dither on the brink of insanity and weaken our social and economic infrastructure instead of working together to make America better and stronger leaders at a summit of 16 Asian nations met in Thailand and listened as the prime ministers of Australia and Japan set out competing visions for a regional bloc that would boost Asia’s global clout.

A central question at their summit was what role that the United States and China would play in any future grouping.

Not wanting to miss out on the potential power that the Asian bloc of countries have, Russia has applied to join the East Asia Summit – a group that includes China, Japan, South Korea, India, Australia and New Zealand that works in conjunction with ASEAN.

In November U.S .President Barack Obama will hold the first ever summit with ASEAN leaders as well as attending the Asia-Pacific Economic Cooperation forum in Singapore to keep America relevant in Asia.

Some countries want the United States to be part of a future Asia regional framework as a counterbalance to China’s influence said one diplomat.

Japanese premier Yukio Hatoyama pushed his plan at the summit for an East Asian community that could “lead the world”.  He said that he would not want to see an extensive US involvement with ASEAN or the East Asia Summit despite Tokyo’s close ties to Washington.

Australian leader Kevin Rudd’s vision for an Asia-Pacific Community by 2020 explicitly includes Washington.

“Whether we like it or not, I think we could not avoid a US role because the US is a big country which has powers both in economic and security matters,” said Chaiwat Khamchoo, an analyst at Bangkok’s Chulalongkorn University.

“Some countries in the region are suspicious of each other so they want the U.S. to play a role.”

After the distractions of Iraq and Afghanistan, the United States has only recently re-engaged with the region, particularly in Southeast Asia where Washington’s hard line on military-ruled Myanmar kept it at a distance.

With Japan kept busy by its economic woes, China has boosted its influence across the region in recent years, signing a free trade agreement with the 10-member Association of Southeast Asian Nations (ASEAN).

India has tried to play catch-up, belatedly signing its own trade pact with the bloc.

Earlier this year US Secretary of State Hillary Clinton announced that the “US is back in Southeast Asia”.

Asian leaders agreed at this weekend’s summit that they need some new framework to hold together their diverse and sometimes fractious region. A closer community would help Asia capitalize on its relatively quick recovery from the global economic crisis and to cut its dependence on the West to drive growth.

Thai Prime Minister Abhisit Vejjajiva said in his closing remarks to the summit on Sunday that the “old growth model in which Asia relies on consumption in the West will no longer serve us as we move into the future.”

Americans — united we stand, divided we fall.  Let’s stand together and build a better and stronger U.S. of A!

Go Yankees!!!

President Obama — Nobel Peace Prize Winner!

  This morning, while most Americans slept the Nobel Committee in Oslo, Norway announced that President Barack Hussein Obama had been awarded the 2009 Nobel Peace Prize.  The Nobel Committee awarded this honor to President Obama for his “extraordinary efforts to strengthen international diplomacy and cooperation between peoples.” The committee also pointed out our President’s efforts to rid the world of nuclear weapons, “He has created a new international climate,” the committee said.

There are many cynics who choose to pretend that they are naïve by saying that our President does not deserve this honor.  I disagree.  Our world has been in a state of turmoil with the potential of war bubbling to the surface in the Middle East and Asia for the past several years.  Our President was courageous enough to go to South America, Egypt and Africa and Europe and speak peace to the world.  He did the same thing at the United Nations.  By his words and actions he has smoothed the feathers of leaders and put out fires that could easily be ignited in the East and West from North Korea’s Kim Jong-Il to Cuba’s Raul Castro to Russia’s Vladimir Putin to Palestine’s Mahmoud Abbas to Israel’s Benjamin Netanyahu to Iran’s Mahmoud Ahmadinejad.  Whether the cynics want to believe it or not, the fact is, our world is safer because of President Barack Obama and therefore this honor bestowed upon him is not premature.

Which other world leader has put their reputation on the line and has spoken peace and responsibility to the world in this bold manner?

  Today in the Rose Garden President Obama said he was “surprised and deeply humbled” by the committee’s decision, and quickly put to rest any speculation that he might not accept the honor. Describing the award as an “affirmation of American leadership on behalf of aspirations held by people in all nations,” he said he would accept it as a “call to action.” 

Here are President Obama’s own words:

OBAMA: Good morning. Well, this is not how I expected to wake up this morning. After I received the news, Malia walked in and said, “Daddy, you won the Nobel Peace Prize, and it is Bo’s birthday!” And then Sasha added, “Plus, we have a three-day weekend coming up.” So it’s good to have kids to keep things in perspective.

I am both surprised and deeply humbled by the decision of the Nobel Committee. Let me be clear: I do not view it as a recognition of my own accomplishments, but rather as an affirmation of American leadership on behalf of aspirations held by people in all nations.

To be honest, I do not feel that I deserve to be in the company of so many of the transformative figures who’ve been honored by this prize — men and women who’ve inspired me and inspired the entire world through their courageous pursuit of peace.

But I also know that this prize reflects the kind of world that those men and women, and all Americans, want to build — a world that gives life to the promise of our founding documents. And I know that throughout history, the Nobel Peace Prize has not just been used to honor specific achievement; it’s also been used as a means to give momentum to a set of causes. And that is why I will accept this award as a call to action — a call for all nations to confront the common challenges of the 21st century.

These challenges can’t be met by any one leader or any one nation. And that’s why my administration has worked to establish a new era of engagement in which all nations must take responsibility for the world we seek. We cannot tolerate a world in which nuclear weapons spread to more nations and in which the terror of a nuclear holocaust endangers more people. And that’s why we’ve begun to take concrete steps to pursue a world without nuclear weapons, because all nations have the right to pursue peaceful nuclear power, but all nations have the responsibility to demonstrate their peaceful intentions.

We cannot accept the growing threat posed by climate change, which could forever damage the world that we pass on to our children — sowing conflict and famine; destroying coastlines and emptying cities. And that’s why all nations must now accept their share of responsibility for transforming the way that we use energy.

We can’t allow the differences between peoples to define the way that we see one another, and that’s why we must pursue a new beginning among people of different faiths and races and religions; one based upon mutual interest and mutual respect.

And we must all do our part to resolve those conflicts that have caused so much pain and hardship over so many years, and that effort must include an unwavering commitment that finally realizes that the rights of all Israelis and Palestinians to live in peace and security in nations of their own.

We can’t accept a world in which more people are denied opportunity and dignity that all people yearn for — the ability to get an education and make a decent living; the security that you won’t have to live in fear of disease or violence without hope for the future.

And even as we strive to seek a world in which conflicts are resolved peacefully and prosperity is widely shared, we have to confront the world as we know it today. I am the commander in chief of a country that’s responsible for ending a war and working in another theater to confront a ruthless adversary that directly threatens the American people and our allies. I’m also aware that we are dealing with the impact of a global economic crisis that has left millions of Americans looking for work. These are concerns that I confront every day on behalf of the American people.

Some of the work confronting us will not be completed during my presidency. Some, like the elimination of nuclear weapons, may not be completed in my lifetime. But I know these challenges can be met so long as it’s recognized that they will not be met by one person or one nation alone. This award is not simply about the efforts of my administration — it’s about the courageous efforts of people around the world.

And that’s why this award must be shared with everyone who strives for justice and dignity — for the young woman who marches silently in the streets on behalf of her right to be heard even in the face of beatings and bullets; for the leader imprisoned in her own home because she refuses to abandon her commitment to democracy; for the soldier who sacrificed through tour after tour of duty on behalf of someone half a world away; and for all those men and women across the world who sacrifice their safety and their freedom and sometimes their lives for the cause of peace.

That has always been the cause of America. That’s why the world has always looked to America. And that’s why I believe America will continue to lead.

Thank you very much.

Congratulations President Obama!