THE CORRECT PATH TO TAKE ASSURING SAVINGS FOR RETIREMENT
... for today's workers under age 25 is to eliminate the ability of banks to steal from each of them via a 'mortgage' for 30 of forty working years. This savings ... equal to twice the initial purchase price of any home subjected to a 'mortgage' ... could instead be either saved or invested by workers. Instead... it is stolen by banks via the clever mechanism of mortgaging and then invested on behalf of banks.
The charade of 'mortgaging' by banks must be ended. An ever more aging and thus ever more obsolescent home must never 'appreciate' in price but instead should only ever solely 'depreciate' (devalue)... over time.
Barack Obama really does have a plan for the next four years. When he thought he was speaking off the record to the Des Moines Register the other day, he said he wanted to negotiate a "grand bargain" with the congressional Republicans. It would include spending reductions and tax increases to reduce forecasted federal deficits.
About the same time that the president was giving his interview, more than 80 CEOs of some of the nation’s largest companies were making a similar announcement. To get the country’s fiscal house in order, they said, we need both spending reductions and...
it's actually no different that investing in a company; you expect a return on your investment,there's no reason the lender shouldn't expect a return on their loan. After all,you have THEIR money for a long time,when they could have invested it elsewhere.
You must be a communist or believe in Sharia Law,where such loans are forbidden.