Question #1:

Did you know that US taxpayers are on the hook for $5 TRILLION of debt from Fannie & Freddie and that it's...?

"off the books" so to speak...like the Iraq war bills?
Liberals have been screaming that the IRaq war was not accounted for and is being "hidden" off the books.
This is EVEN more money....
BTW, what caused Fannie and Freddie to make so many bad loans?
And who was it that tried at least 6 times to get some kind of regulation in there to prevent this very thing?

Lastly, why did Barney Frank lie yesterday and say the the US taxpayers weren't responsible for that debt?

Didn't he help to create that debt?

excerpt...
House Financial Services Chairman Barney Frank caused a bit of an uproar Friday when he suggested the U.S. government does not guarantee the debts of Fannie Mae and Freddie Mac.
Rep. Frank later recanted and backed a Treasury Department statement reassuring investors that, yes, Fannie and Freddie Mae debt is guaranteed by the U.S. government. "Going forward," he said in a statement, we "will make sure that there are no implicit guarantees, hints, suggestions, or winks and nods...we will be explicit about what is and is not an obligation of the federal government."

But after years of winks and nods, there's no doubt that Fannie and Freddie now enjoy an explicit guarantee, according to most observers. The U.S. government placed Fannie Mae and Freddie Mac in conservator-ship in September 2008: "This means that the U.S. Taxpayer now stands behind $5 trillion of GSE debt," according to the Congressional Research Service.

The problem is that $5 trillion of so-called agency paper is not treated as if it is a debt of Uncle Sam for accounting purposes, says Richard Suttmeier, chief market strategist at Niagara International Capital and ValueEngine.com.
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Question #2:

In this situation, who keeps the car?

So about 6 months ago, my fiance and I bought a car because our old one stopped running. Neither of us had credit and my fiance was unemployed, so his dad helped us with the loan. So basically I am the purchaser of the car, his dad is the main loan signer and I am the loan co-signer. I am the only one who makes payments on the car, his dad hasn't paid anything for it.

So if my fiance and I broke off our engagement, who would keep the car legally? I know the bank technically owns the car. I would just like to know so I can be prepared. Thank you for any information.
I really appreciate the answers! I was afraid something like this would happen, I knew it was a bad idea but we didn't have many options. So how do I get this car to be mine legally since I'm paying for it anyway? Whether we get married or not, this is something that's been bothering me and I want to own it if I'm going to keep paying for it.

Where is the title? Is it in that packet of paperwork they gave us when we purchased it? I thought the bank owned the title.

Would you recommend I somehow get this car to be legally owned by me or buy another car by myself? Any thoughts on what would be the best option?

Question #3:

Sceptics: are you aware that even the big energy companies believe in climate change now?

.
NRG Energy has recently won up to $154 million from the Dept. of Energy to help it install a system to capture carbon dioxide emissions from ONE of it's coal-fired power plants.

As the Dallas News article reports, this follows the company signing up to join the Climate Action Partnership and testifying before house and senate committees writing climate change legislation.

The 154 Million Dollar grant comes after the company also spent under one million dollars on lobbying on climate change in Washington: [QUOTE]


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""The New Jersey-based utility spent $910,000 on lobbying in 2009, according to Senate records. It spent $300,000 just during the fourth quarter of 2009, when it lobbied on a host of incentives available to energy companies, including loan guarantees for nuclear plants and renewable energy projects.

NRG has maintained its membership in the U.S. Climate Action Partnership, a group of businesses and environmental organizations that played a big role in shaping the House bill.""
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And the best bit of news of all? NRG Corporation intends to sell the carbon dioxide it captures to big oil companies so they can inject it into the ground to extract even more oil! Treble whiskies all round!

~ So, sceptics, do you admit that even the big oil and energy companies "believe" in climate change now?

Source: Click Here

Question #4:

Can I be approved for this car loan?

Credit score 550 and I make 1125 weekly with a cosigner score of 700+ and 175K yearly.I struggled with CC for a long time, paid them off. I am debt free but my score is bad because even if debts are paid they still show up as negative. I have like 6 negative marks on my credit but no current debt. I have 4K to put down on a 2010 Camaro price is 36K, do I have a chance?

Question #5:

Can anyone help with these three algebra problems? involves simple interest, regular interest, sales tax?

Can anyone help me with these three algebra problems? It involves simple interest, regular interest, sales tax rate, and total cost.

I was wondering if anyone could help me with this three algebra problems, I am trying hard to understand math but am still struggling with assignments. Any help would be greatly appreciated! I will post the three problems below and I was wondering if you could explain/ show me how you got the answer so I could study the problem furtherr , so that I can understand this stuff becuase I will be quizzed on it. Again , any help is GREATLY appreciated!

The three problems I need help with are :
# 14 Suppose that the local sales tax rate is 6% and you purchase a backpack for $24.00.
A-->How much tax is paid?
B--> What is the backpacks total cost?

#24 In order to pay for tuition and books, a student borrows $3500 for four months at 10.5% interest.
A--> How much interest must the student pay?
B--> Find the future value of the loan…( How do you find the future value of a loan/ is there a formula to find it?)

#28 --> You plan to buy a $12,000 sailboat in four years. How much should you invest now, at 7.5% simple interest, to have enough for the boat in four years. (Round up to the nearest cent).

Question #6:

My boyfriend and I are almost 21 and would like to purchase our first house, what would we need to do so?

My boyfriend and I have been together for the past 3 years and best friends for the past 10, we plan to get married and are expecting our first child (yay!!!), however we both still live at home with our parents. We want to move into our own house but are unsure of if we would be able to get a loan. I have great credit, yet he has none at all. He has a full time job and also a part time job, and I have no job at the moment as I'm in college (but have an interview for a daycare this week). We found a house that we both really like and it's only $89,000 and close to our families and everything, we LOVE it to say the least. I'm just wondering if we would be able to get a loan for this house. He's worked at his dads shop for the past 5 years and has also had his second job for a year and a half. Do you think we would be eligable for a loan? If so, any suggestions as to where? Thanks so much =]

Question #7:

What is obama loan modification program and how to get it ?

Question #8:

I wanna know what's the best loan site to get a loan I need one baddddddd!?

I been on a lot of loan sites and there scams i need me a good loan site cuz I been having problem's and need one bad! please help serious people only don't answer if you say something stupid !

Question #9:

How can I go to law school with a small mountain of debt already under my belt?

We have literally no money, but I SO desperately want to go to law school. Right now we have about $40K in school debt and credit card debt. We also have 2 car payment and a mortgage. All in all, there is absolutely no way I could afford another payment of any amount, no matter how small. We have downsized as much as financially possible. My husband is even considering getting a second job to cover our current expenses. We both have really good credit scores and I'm only 25 - no kids - but even if I were to take out a humongous loan, there's no way I could get a job afterward to cover all our debts. Is there any way around it? Any glimmer of hope? Has anyone bitten the bullet and gone to law school in a similar situation and been successful? Anyone want to sponsor me, hehe? Any creative ideas on how to raise money for law school (and if you recommend being a stripper you have no soul - AND you're not funny)? It's hard because all the of scholarships require you to already be in law school. I just can't take that risk at this point. I need advice, lol.
I work full time. My husband gets off work at 3 (but he starts at 6, so he works full time as well). I'm currently in school to be a paralegal. I would and probably will get a second job when I graduate in August, just to pay off these debts.
Ok, all of you ridiculous people leaving info for a loan - do you really think someone considering law school is going to be moronic enough to respond to a yahoo answers ad for a loan!? This is comical.

Question #10:

Can i get a home equity loan? And what is the process?

I heard that there are closing costs on home equity loans. Is this the case? Also i just bought my house in September and was told i dont have any equity in my house. Though houses of same model and square feet are selling for more.

Question #11:

Same day payday loan?

do u know any good loan lender on same day ..

Question #12:

Quick online payday loan?

it seems that i should go for wedding of my close friend..but dont have enough money to travel and other expense .should i take a loan? or stop going?!

Question #13:

best payday loan service?

do u know any direct payday loan center to get loan..i have seen lot sites but i dont know how safe they are to use

Question #14:

Poor credit ..is it possible to get a payday loan?

i need some loan but i tried several other option but didnt approved ..now want to try a payday loan ..do they approve if i have bad credit? tell me any site ..thanks in advance

Question #15:

I Need help about taking out a loan?

I am turning 18 in a couple weeks and i want to take out a loan, i have never taken out a loan before. I want to take out a $900 loan for a car my friend is going to sell to me, i currently work and make $150 a week and i was wondering what your thoughts and comments are on going to the bank tomorrow and asking them this question. And do you think they will say yes? is there anything else i need to know or show them? Thanks for the help!

Question #16:

If the US went bankrupt and China refused to loan it money to give to Israel, what would happen to Israel?

Question #17:

Will a Cheaper Interest % On a Car Loan Make the Payments Less?

or simply reduce the amount of interest you pay when it's all said and done?
It should make your monthly payments lower as well, correct?

Question #18:

Tis For Buying a Used Car- Where To Start?

I have a few cars I am looking at but I wondered what the smartest way to go about it would be.
1.) I DO have a trade in, but should I have heard to FIRST let them give you a monthly payment quote off the top and THEN say, "o.k., I also have a trade in or X amount to give down."

2.) I also want to shop around for the best interest rate on the loan, but want to avoid checking my credit with too many different companies.

3.) The cars I am interested in are hours away. Could I have my car appraised anywhere and use that as a good estimate on what they would give me for it?

THANKS!!! 10 points

Question #19:

What's Is The Best Way To Shop Around For The Best %Rate For a Car Loan?

I heard the best way to finance a car loan is through a credit union, true? What's the best way to shop for the best rate on a car loan?

Question #20:

Update: Due Date....and life, plus a question!?

Hey ladies! First I would like to update you.

My husband was told he'd have his annual training June 6-18 and my due date is June 11. We had set the induction date, which we won't change for June 10. Well, my husband was just told over the weekend that he has been excused and isn't going to AT this year because of all the extra training he has put in this year! I am super excited because that means he will be home for the rest of the pregnancy and he will be home after the baby is born!

Okay...now onto other news. My husband and I will be talking to the loan lady at the bank on Friday (hopefully) to get pre-approved for the loan before we get under contract. His mom is wanting to buy the $200 ceiling fan that he and I bought and put in the house for $50!! Its not even a year old yet! Plus we put in the new exhaust fan in the bathroom and I guess she expects to just get that for free. News flash! I plan to pull that sucker out if we dont get paid for it! That was a $100 we spent right there. We'll see what happens....

Okay, now to my question.

I am 26 weeks and 4 days pregnant. My breasts went from 34B to 36D by 8 weeks of pregnancy so I had a ton of pain those first weeks, even before I knew I was pregnant. Well the last few days I have had this almost unbearable pain in them again. I wouldn't think they would be growing even more but if you ladies know of a way to relieve the pain I would much appreciate it!

Thank you!





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