St Louis Mortgages: Federal Government Drowning In Rising Debt

By Floyd J. Tapia

The old financial rhetoric is no longer being accepted as consumers are growing tired of this dismal economy.

The larger population of concerned voters no longer care if the out-of-control rise in debt is the fault of Democrats or the Republicans.

To go one step further, there are those including one man who is deeply concerned that Washington’s spending with hopes of collecting tomorrow is way out of hand.

Bill Gross, a founder of the investment giant Pimco, describes this dying economy closely to a Ponzi scheme even in a subtle way.

His concerns has surmounted to the point that he has vocally made it clear that he has sold some of his U.S. government bond and bought foreign bonds all because of Washington’s national debt rising at unbelievable rates.

[youtube]http://www.youtube.com/watch?v=8Wvwyqt-ZUs[/youtube]

And when you consider that the government will most likely have to borrow more money to pay all the interest and eventually the principal forging this debt, you cannot help but to compare this to the close characteristics of a Ponzi scheme.

Looking at this nation’s fiscal health, the national debt which now totals 9,377,204,236,563.68 as of January 13, 2011, is rapidly becoming a dominant political issue in Washington as well as across the country, and certainly not just among the “tea party” crowd.

But that amount is just the public debt this nation owes. When you add in the Intragovernmental Holdings which currently totals $4,630,012,738,813.91, the accumulative amount comes to $14,007,216,975,377.59 as in fourteen trillion dollars.

It will no doubt take high-level bipartisan actions that must look for immediately ways to start reducing this massive deficit and move the country forward economically so to say.

In fact, a report by the Congressional Budget Office states that it expects this debt to reach $20 trillion over the next decade. This does not sit well with St Louis mortgage owners.

And this assumes that there are no new recession-type blips, no new wars or military actions and no new financial crises on the horizon.

And it is quite apparent how nervous the rest of the world is by their lending money at higher interest rates when bankrolling America’s tremendous debt as most experts would agree.

In turn, the United States government will have to borrow more money in order to pay off the interest due on this huge loans from foreign countries.

This in turn may deliver a death-dealing blow to our once thriving nation leading to an unparalleled downward spiral for our already sinking economy. But there are those who feel this can be fixed.

But we all know that when a Ponzi scheme collapses, it does so because there are no ‘new suckers’ offering money that can be used to pay off earlier investors.

The government, on the other hand, could possibly restore some fiscal sanity if and when these politicians choose to do so.

But the sad thing is, this nation’s cynicism and concern is still running rampant. In order to stop this runaway budget deficit, Washington must act now with equal goodwill. We shall watch this closely over the next few years.

About the Author: If you and your family want the best

St Louis finance

, then visit http://www.LibertyLendingConsultants.com/St_Louis_Home_Mortgage to get the best St Louis commercial lending or principal reduction advice on

St Louis mortgages

for your home or business. Give Floyd a call at 314-334-0210 or 877-334-0210.

Source:

isnare.com

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Australia: Victoria lockdown extended by a week with 85 active cases recorded

Wednesday, July 21, 2021

Yesterday, with 85 active cases of COVID-19 in the Australian state of Victoria, Premier Daniel Andrews has extended the state’s current lockdown by a week until July 27 at 11:59 p.m. (0159 UTC).

Since a five-day lockdown was first announced last Thursday, cases have been recorded in areas across Victoria, including Phillip Island, Mildura and Barwon Heads. Notably, Mildura’s COVID-19 case, which was recorded on Sunday, is their first in 15 months. Thirteen new cases of coronavirus were recorded in Victoria yesterday.

Red zone travel permits, required for residents of New South Wales and the Australian Capital Territory for entry into Victoria, are temporarily paused. Andrews said that while this decision would “cause a real challenge for many people”, he justified this decision by saying that “things are too unstable—too uncertain and frankly out of control from a virus point of view in Sydney”.

State health minister Martin Foley stated, “We’ve had thousands of Victorians return from New South Wales in recent weeks, but with the situation escalating, the recent incursions and the increased infectiousness of the Delta variant, we must act to protect Victoria and temporarily pause Red Zone Permits.”

Restrictions remain the same from the initial Thursday announcement. Under the regulations, there are only five reasons to leave home: for food and supplies; exercise; care or caregiving; work or education, if not possible from home; and to be vaccinated against COVID-19. In exercising, people cannot go more than 5 kilometers (3 mi) away from their home, and for no more than two hours. The vaccination should be administered at the nearest possible location. Face masks remain mandatory both outdoors and indoors, except at home.

A press release from the premier’s office said the COVID-19 Delta variant is moving “faster than anything Victoria’s public health experts have seen before”, adding as a result “we need to limit movement for a longer period of time”. The press release also noted over 15 thousand close contacts of cases in quarantine, over 250 exposure sites across the state, and the COVID-19 daily case numbers remaining in double digits.

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Article Source:

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International forces in Dili reach agreement

Thursday, June 8, 2006

The international forces in East Timor have reached an agreement about the coordination of the military and police forces in the field. Representatives of the four countries reached the agreement during an urgent meeting after an incident between Australian and Portuguese soldiers yesterday.

In the agreement reached between Australia, New Zealand, Malaysia, Portugal and the Timorese government, operational autonomy is given to the international forces, which will operate in cooperation and coordination with each other.

The agreement also stated that in an initial phase Dili will be divided into sectors, and each area will be under the control of an international force. Outside of its area of responsibility, the military or police force will only be able to operate if other international forces request their actions. Also was agreed that the police forces will assume total control of the city after the military forces leave their current occupied positions. A situation that is expected after the arrival of the remaining equipment, mainly vehicles, for the Portuguese Republican National Guard (GNR) and the arrival of the remaining Malaysian police officers and their equipment.

In an official notice, the Timorese Foreign Minister, José Ramos Horta stated that “the objective on a long run is for the GNR to operate has a tactical intervention force in all the city of Dili”.

Ramos Horta explained that “in the next days, maybe already tomorrow morning, they [the Australian, Malaysian, New Zealand and Portuguese forces] will do some coordination training, in way to assure that the four forces know exactly what each one will do”. “Since some are from the Army and the others [Portuguese Republican National Guard] are a specialized police and that they never worked together, its useful to carry out some practical exercises”, he added.

In another subject, Ramos Horta explained that the Australian soldiers that are in Maubisse, next to a rebel group lead by major Reinado, and in Gleno, Ermera, next to another group of “military opponents”, are there “containing those elements”.

“Those groups are not comparable with other people that are here in Dili and that must be disarmed”, Ramos Horta said.

“The Australian presence in Maubisse and Gleno aims in containing those groups on their areas, until arrives the moment in which the President decides that is time for also mister Alfredo Reinado and the others to put down their weapons”, he said. “This is not urgent because they are not causing problems to anyone”, he justified.

The urgency of the resolution and clarification of the command and cooperation of the international forces was originated after an incident between Australian and Portuguese soldiers. When yesterday a Portuguese GNR patrol transported three people to a temporary detention center managed by Australian soldiers.

The detainees were arrested by a GNR Special Operations team, after being caught looting a governmental warehouse, in Balide, Dili.

The Australian soldiers then refused to receive the detained men, questioning the legitimacy of the Portuguese soldiers to make arrests. The Portuguese contingent transported the detainees to the Timorese prison services in Dili.

Retrieved from “https://en.wikinews.org/w/index.php?title=International_forces_in_Dili_reach_agreement&oldid=565833”

Surfer dies at beach in Pichilemu, Chile

Wednesday, April 20, 2011

Los Navegantes, Pichilemu, Chile — Paulina Constanza Tapia Figueroa, 25, a surfer native to Pichilemu, known worldwide as the “Surf Capital”, died on Monday, at Punta de Lobos beach, about seven kilometers south of the city.

Her body was discovered by fishermen in the area, who called Pichilemu Police officers, who along with Homicide Brigade of the Investigations Police of Chile (PDI) officers, arrived at the place and took the body to the Forensic Medical Service offices in San Fernando.

Tapia had been practicing surfing for years, and earlier that day, had been accompanied with her friends. “A shellfish diver of the area noticed a surfboard floating, he approached it and saw that the girl [Tapia] was semisubmerged in the water. After taking her out, he realized she was dead,” Juan Reyes, officer of the Homicide Brigade of PDI told Televisión Nacional de Chile.

According to reports, Tapia either died because of a heart attack or after being hit. Third-party participation in her death was ruled out by officers.

“She had a free spirit, she loved nature, and I don’t really know what happened to her, a cramp [maybe],” Filippo Tapia, her father, told La Tercera. Josefa Tapia, her 14-year-old sister who is studying at Colegio Preciosa Sangre, seemed very affected by her death after being informed of the situation by school inspectors.

“Your sister will always be watching out and protecting you from heaven, remember the moments you and your family lived with her ??and that made ??you happy,” a friend of Josefa wrote on her Facebook wall.

Photos, videos, and messages such as “Paulita, rest in peace with love, I’ll miss you a lot, great waves and farewell forever,” and “My friend, I know you are in a better place having a really good time, you’re the best! I love you infinitely!” flooded Paulina Tapia’s Facebook wall.

Tapia’s body remained in the Forensic Medical Service of San Fernando on Tuesday morning, according to reports. According to Domingo Osorio Figueroa, Paulina Tapia’s remains have been veiled since Tuesday’s afternoon in the dependencies of Funerales Rodríguez, in Rancagua, capital of O’Higgins Region. A mass will be performed in the Rancagua Sur Catholic Parish, at 11:30 local time (14:30 UTC) on Wednesday, and then she will be buried in Parque Jardín Las Flores, in Machalí.

Retrieved from “https://en.wikinews.org/w/index.php?title=Surfer_dies_at_beach_in_Pichilemu,_Chile&oldid=4509443”

UK bank gets emergency support

Friday, September 14, 2007

British bank Northern Rock received emergency loans from the Bank of England yesterday, as it felt the effects of the financial crisis originating in the U.S. subprime mortgage market. Queues formed outside branches as many customers sought to withdraw their savings, and shares fell heavily.

Northern Rock, based in Newcastle, is one of the UK’s largest mortgage lenders, with total assets and loans of £113 billion. Pressure has grown on the bank as other institutions have become less willing to buy mortgage debt, following the American subprime crisis.

The support from the central bank was authorised by the Government and the Financial Services Authority, following assurances that the problems were temporary and the bank remained solvent. Some current mortgages are being used as collateral. The lending is an “unlimited” facility, at an interest rate higher than the base rate. Chancellor of the Exchequer Alistair Darling, speaking on Radio 4’s Today programme, encouraged customers to carry on as normal, stating that “Northern Rock will be able to carry on its business”.

Northern Rock chief executive Adam Applegarth also called for calm, but customers were seen queuing outside branches across the country to withdraw money. It is reported that the company website also crashed under the demand.

Shares in the bank fell 31.5% on Friday, down almost 60% from their highest value this year. Applegarth admitted that profits would be hit, but stated that the bank would adapt to the changes. Shares in other lenders also fell, with Paragon being the most extreme, dropping almost 17%. The FTSE 100 closed down 1.17% (74 points) following a recovery in the afternoon.

The last time the Bank of England acted as “lender of last resort” in this way was in 1973, after the collapse of Cedar Holdings.

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Tips To Make Money In Pet Care Franchise

byadmin

Have you ever wanted to turn your love of animals into a business, but weren’t sure where to start? If so, then you may want to explore pet franchise opportunities. Buying a pet care franchise gives you most of the freedoms of being your own boss, while still giving you access to the expertise of a company that has developed and perfected a successful model for the pet care business.

Some pet care services require specialized knowledge. For example, while veterinarians are in high-demand, it also takes years to become a veterinarian. However, as long as you are a hard worker who is great with pets and with people, you have what it takes to open other types of pet care oriented businesses.

What if you are new to owning your own business? No problem. The franchise model means that you can find a franchise that gives you plenty of guidance in setting up your business as well as continued support as you grown and maintain your business. Remember, a franchise’s entire reputation is damaged if your business is unsuccessful, giving them incentive to make sure that you have the tools you need to run a successful business with plenty of satisfied customers! At K9 Resorts, we are very proud of our franchise opportunities and look forward to discussing a partnership with you if you are a hard-working pet-and-people lover!

Woman returns home with Christmas turkey, a month after setting out

Tuesday, January 19, 2010

A Scottish woman who set out before Christmas to purchase a turkey finally made it home on Monday, after being cut off by snow for a month. Kay Ure left the Lighthouse Keeper’s cottage on Cape Wrath, at the very northwest tip of Great Britain, in December. She was heading to Inverness on a shopping trip.

However on her return journey heavy snow and ice prevented her husband, John, from travelling the last 11 miles to pick her up. She was forced to wait a month in a friend’s caravan, before the weather improved and the couple could finally be reunited.

They were separated not just for Christmas and New Year, but also for Mr Ure’s 58th birthday. With no fresh supplies, he was reduced to celebrating with a tin of baked beans. He also ran out of coal, and had to feed the couple’s six springer spaniels on emergency army rations.

“It’s the first time we’ve been separated”, said Mr Ure in December. “We’ve been snowed in here for three weeks before, so we are well used to it and it’s quite nice to get a bit of peace and quiet.”

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New Zealand policewoman found moonlighting as prostitute

Thursday, July 20, 2006

An Auckland, New Zealand policewoman, who has not been named, has been working part-time as a prostitute. Her employer, Auckland City Police, did not know that she had been working as a prostitute for a limited time. She has been able to keep her police job.

Prostitution became legal in New Zealand in 2003.

The police officer was prostituting herself because of financial difficulties. A person working in the Christchurch sex industry said “It’s usually either for debts or drugs.”

She is now undergoing counselling.

The New Zealand Police would not comment on how long she had been acting as a prostitute.

Lyn Provost, Deputy Commissioner, said “the nature of the secondary employment was incompatible with policing and would never have been approved.”

The police say that if a police officer was to seek secondary employment then it must be signed off, this job hadn’t been. It would have been a conflict of interest.

Ron Mark, New Zealand First Party Law and Order spokesman, said “the case is concerning, because while prostitution is legal, it is associated with criminal activity.”

A representative of the New Zealand Prostitutes’ Collective (NZPC) said there were law students and doctors who were sex workers.

“NZPC’s philosophy is that we support people that are in that secondary employment … we support them for their sexual health needs or any other needs – emotionally, physically, spiritually – that we can accommodate.” a representative of the New Zealand Prostitutes’ Collective said.

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