How far back was it that bank’s were for the most part deregulated?

By pwsadmin | December 20, 2017 | 0 Comments

Basically 1995 under the Clinton administration. Not only did this start the loaning of money in excess of value, but allowed banks to jump into the securities business. The prime rate was around 7.5%. between 1995 thru 2000. If you recall you probably received many offers from banks and lending intuitions in your mail to refinance your home at a lower interest rate and could get as much as 130% of appraised value. I myself took advantage three times between 2000 and 2004 , refinanced my home at the time at the lowering interest rates. I advised anyone who would listen to not go for taking money out because most of the loan offers were at the rates offered with a 5 year balloon. I believe most people who took the lending intuitions up on these offers never considered this fact and believed the low interest rates would stay steady. Between 2000 and 2002 interest rates had dropped from about 7.5% to 4% the rates stayed pretty much steady until mid 2004 when these loans were starting to come to the end of their 5 year balloons and then the Prime rate started a steady climb from 2004 thru mid …

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The Presidents Calls for Tariffs

By pwsadmin | April 29, 2018 | 0 Comments

I want to express my opinion regarding his call for 25% tariffs on goods from China. First of all, the news media as well as those associated with all the different forms of media that proclaim to be “experts” should bow out of the conversations all together. In the second place, does anyone believe that our representatives in both houses of government would vote or support instantly raising the cost of living for the American Public by 25%?  We may not give them much credit these days or for that matter for years of being able to act like responsible law makers. But this just isn’t going to happen. The president has ulterior motives for suggesting such action in order to get something else accomplished. Whether it’s South America, Europe, or Asia, everyone should just back off from any speculation. Our government is notorious for throwing up smoke screens or outright lying in order to manipulate the US people and foreign governments. I fully expect this subject to fall to the wayside. I’m involved in the importing goods from China and when I’ve reviewed the bills from the freight companies and see generally see 5% or less duty charges. I …

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SAFE Access to filling your car with GAS

By pwsadmin | December 8, 2018 | 0 Comments

When selecting your next car, make sure the access to the gas tank is on  the “DRIVERS SIDE”. WHY YOU ASK? You won’t have to open the car door into the traffic lane. (SAFETY) You won’t have to walk in the traffic lane. (SAFETY) All cars traveling in the same direction maintains an orderly, friendly and safe process. DO YOU AGREE GAS FILLERS MUST BE ON THE DRIVERS SIDE OF CARS

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By pwsadmin | January 19, 2019 | 1 Comment

17 December 2018 Russia’s meddling in the 2016 election. Really? The government of the United States of America has meddled in the elections of foreign governments since who knows when. I am really shocked at the arrogance of our elected officials suggesting that we should waste our elected official’s time and our tax money to prove or disprove this alleged activity. Even wi going back to after the end of world war II, let me bring this to your attention… Taken from :  “The CIA ended its involvement in Radio Free Europe’s financing and operation in 1971, and control was transferred to a Board for International Broadcasting appointed by the U.S. president”. More Information: Available to anyone on the internet… RADIO FREE EUROPE.  RFE/RL MISSION COMMUNIST RESPONSE THE EARLY COLD WAR YEARS DÉTENTE AND THE COLLAPSE OF COMMUNISM BIBLIOGRAPHY Radio Free Europe (RFE), established in 1949, and Radio Liberty (RL), established in 1951, were the most successful propaganda vehicles of American psychological warfare during the four decades of the Cold War. The radio stations run by the United States government contributed to a great extent to the survival of democratic values and desire for freedom among the people of …

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Michigan Tax .. Where Did It GO

By pwsadmin | February 11, 2019 | 0 Comments

1 February 2019 SUBJECTS: Michigan Roads Grants for Private Interest Projects First lets cover this on-going issue of the Michigan road conditions and the conversation about how are we going to fund these repair projects. I am going to go back to the years just after moving into the Ann Arbor area. Lets’ say, sometime shortly after 1997, It could have been 1998. The subject of road conditions was a buzz in the news and I recall at that time, the Michigan government, introduced an additional tax on gasoline to pay for fixing the roads.. So my question is, “what happened to that money?” Did it disappear or has our elected officials managed to redirect the funds for some other purpose over the years? HUMMMMM does this sound familiar? During the 2018 gubernatorial campaign we heard, “I am going fix the roads”. Not exactly the words used by the winning candidate, but close enough.. This morning I was watching the FOX 2 news and guess what? Their’re talking in Lansing about a $0.40 Tax on a gallon with some qualifier about over the next 10 years. What happened to the tax levied back in the 90’s that was supposed to …

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AAA Insurance Costing Based on Credit Score

By pwsadmin | February 26, 2019 | 0 Comments

I have always taken issue with AAA credit scoring for several years, but never took any action to confront this company about my insurance rates.. although several years ago when I was about to change companies my AAA agent managed to move my wife and I to another group, in which case lowered my six month premium. However I think it is time to have the public question their pricing practices. I can’t recall what my six month premium was in June of last year, 2018, but at the time I also had a new RV that was added to our two car policy for 2018.. in any case my wife passed away in August of 2018 so I called AAA to have her removed. Within a week I received a bill for $400.00 from AAA. I could not imagine what this was for so I called and I was informed that since they removed my wife they were using my credit score..8 hers was 9. Bare in mind this was the middle of 6 month billing cycle. This would, on a 6 month renewal, increase my cost six month cost by $800.00 to insure one person with 3 vehicles. …

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