Public Health insurance option

A public health insurance option (public insurance option or public option for short) is a proposed health insurance plan that would be offered by the U.S. federal government. In Affordable Health Care for America Act (H.R. 3962), and its predecessor H.R. 3200, it will be a Qualified Health Benefit Plan competing with similar private insurance plans in an Internet based exchange or market place, enabling citizens and small businesses to purchase health insurance meeting the minimum federal standard. Persons covered by other employer plans or by state insurance plans such as Medicare will not be eligible to obtain coverage from the exchange and therefore cannot obtain this form of federal health insurance. The federal government's health insurance plan will be financed entirely by premiums without subsidy from the Federal government. ^[1] The plans stated in the Senate HLP Committee and H.R. 3962, the two that contain clauses establishing a public insurance option, require the repayment of "seed money" to the Treasury over a ten year period.^[2]

I don't know if I agree with this public option ideal, but one thing that I do know is that millions of people are running around this country without health insurance. The word for today is to bring the cost of health insurance down. Conservatives seem to believe that if we can have open competing of insurance companies across state lines, it would drive the cost of insurance down. Reality is that we have needed this years ago... I personally believe that if their was a true regulation on the health cost across the board that insurance could be affordable for everyone. What good does it do to make $50,000 dollars a year and you can not afford to provide insurance for your family. When a man has to make the decision to eat or have insurance, and he choose to eat, when does some one step up and say wait minute that is not right.

Life liberty and the pursuit of happiness, anything less than that needs to be changed, by any means possible!

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More Teachers are getting caught having sex with teenage boys!

What gives that so many woman are willing to throw their lives away to have sex with teen age boys. At one point in time it was very rare for this kind of thing happening. Now these women are so bold as to have sex on the school grounds in parked cars.
Now it seems that once every 2 or 3 months you hear about another woman who got caught-up and she is looking like a fool! Many of these women are very attractive and it leaves me saying wow. Maybe society has changed to allow women to think that this kind of behavior is the norm now.
What ever the case the problem, it is becoming more open and apparent. I just have to ask is their no shame?

Gov Mark Sanford wifeJenny has filed for divorce

South Carolina's first lady, Jenny Sandford a former Wall Street vice president who helped launch her husband's political career, announced today she is filing for divorce months after his tearful public confession of an affair with an Argentine woman.

"This came after many unsuccessful efforts at reconciliation, yet I am still dedicated to keeping the process that lies ahead peaceful for our family," Jenny Sanford said in a statement. A spokesman for her husband, governor Mark Sanford, had no immediate comment.

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Why Choose A Hard Money Loan

Why do most people chose a Hard Money? Actually because they can not obtain traditional financing. Generally speaking there are two types of financing that a person can obtain obtain Prime and Subprime.

First, all loans Prime or Subprime needs ICE (Income, Credit and Equity) to get approved and to close. So What is a Prime Loan? This is a loan that offers the best rates and situations for the borrower who falls into the category of having a credit over 675, income and equity. He basically fits all guidelines of that lender.

A sub-prime lender is one who made loans to borrowers who did not qualify for loans from mainstream lenders. Some were independent, but most were affiliates of mainstream lenders operating under different names. I use the past tense because at the time of the most recent revision of this article, virtually all sub-prime lenders had disappeared.

Although there is no single, standard definition, in the United States subprime loans are usually classified as those where the borrower has a FICO score below 640.

So now comes the question what is a hard money loan? Hard Money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by the value of a parcel of real estate. Hard money loans are typically issued at much higher interest rates than conventional commercial or residential property loans and are almost never issued by a commercial bank or other deposit institution. Hard money is similar to a bridge loan, which usually has similar criteria for lending as well as cost to the borrowers. The primary difference is that a bridge loan often refers to a commercial property or investment property that may be in transition and does not yet qualify for traditional financing, whereas hard money often refers to not only an asset-based loan with a high interest rate, but possibly a distressed financial situation, such as arrears on the existing mortgage, or where bankruptcy and foreclosure proceedings are occurring.

Many hard money mortgages are made by private investors, generally in their local areas. Usually the credit score of the borrower is not important, as the loan is secured by the value of the collateral property. Typically, the maximum loan to value ratio is 65–70%. That is, if the property is worth $100,000, the lender would advance $65,000–70,000 against it. This low LTV provides added security for the lender, in case the borrower does not pay and they have to foreclose on the property.

A hard money loan is a species of real estate loan collateralized against the quick-sale value of the property for which the loan is made. Most lenders fund in the first lien position, meaning that in the event of a default, they are the first creditor to receive remuneration. Occasionally, a lender will subordinate to another first lien position loan; this loan is known as a mezzanine loan

or second lien.

Hard money lenders structure loans based on a percentage of the quick-sale value of the subject property. This is called the loan-to-value or LTV ratio and typically hovers between 60 and 70% of the market value of the property. For the purpose of determining an LTV, the word "value" is defined as "today's purchase price." This is the amount a lender could reasonably expect to realize from the sale of the property in the event that the loan defaults and the property must be sold in a one- to four-month timeframe. This value differs from a market value appraisal, which assumes an arms-length transaction in which neither buyer nor seller is acting under duress.

Below is an example of how a commercial real estate purchase might be structured by a hard money lender:

65% Hard money (Conforming loan)
20% Borrower equity (cash or additional collateralized real estate)
15% Seller carryback loan or other subordinated (mezzanine) loan

Hard Money is a term that is used almost exclusively in the United States and Canada where these types of loans are most common. In commercial real estate, hard money developed as an alternative "last resort" for property owners seeking capital against the value of their holdings. The industry began in the late 1950s when the credit industry in the U.S. underwent drastic changes (see FDIC: Evaluating the Consumer Revolution).

The hard money industry suffered severe setbacks during the real estate crashes of the early 1980s and early 1990s due to lenders overestimating and funding properties at well over market value. Since that time, lower LTV rates have been the norm for hard money lenders seeking to protect themselves against the market's volatility. Today, high interest rates are the mark of hard money loans as a way to compensate lenders for the considerable risk that they undertake.

Commercial hard money is similar to traditional hard money, but may sometimes be more expensive as the risk is higher on investment property or non-owner occupied properties. Commercial Hard Money Loans may not be subject to the same consumer loan safeguards as a residential mortgage may be in the state the mortgage is issued. Commercial hard money loans are often short term and therefore interchangeably referred to as bridge loans or bridge financing.

Commercial hard money lender and bridge lender programs are similar to traditional hard money in terms of loan to value requirements and interest rates. A commercial hard money or bridge lender will usually be a strong financial institution that has large deposit reserves and the ability to make a discretionary decision on a non-conforming loan. These borrowers are usually not conforming to the standard Fannie Mae, Freddie Mac or other residential conforming credit guidelines. Since it is a commercial property, they usually do not conform to a standard commercial loan guideline either. The property and or borrowers may be in financial distress, or a commercial property may simply not be complete during construction, have its building permits in place, or simply be in good or marketable conditions for any number of reasons.

Some private investment groups or bridge capital groups will require joint venture or sale-lease back requirements to the riskiest transactions that have a high likelihood of default. Private Investment groups may temporarily offer bridge or hard money, allowing the property owner to buy back the property within only a certain time period. If the property is not bought back by purchase or sold within the time period the commercial hard money lender may keep the property at the agreed to price.

Traditional commercial hard money loan programs are very high risk and have a higher than average default rate. If the property owner defaults on the commercial hard money loan, they may lose the property to foreclosure. If they have exhausted bankruptcy previously, they may not be able to gain assistance through bankruptcy protection. The property owner may have to sell the property in order to satisfy the lien from the commercial hard money lender, and to protect the remaining equity on the property.

From inception, the hard money field has always been formally unregulated by state or federal laws, although some restrictions on interest rates (usury laws) by state governments restrict the rates of hard money such that operations in several states, including Tennessee and Arkansas are virtually untenable for lending firms.

Hard Money Mortgage loans are generally more expensive than traditional sub-prime mortgages. However all mortgage loans are not necessarily considered to be a high cost mortgage. Generally a hard money loan carries additional risk that a borrower is aware of. Rather than selling the property a borrower will opt to keep the loan and if a lender is willing to assume some of the risk by offering a hard money loan.

The rate is not dependent on the Bank Rate. It is instead more dependent on the real estate market and availability of hard money credit. As of 2008 and for the past decade hard money has ranged from the mid 12%–21% range[1]}}. When a borrower defaults they may be charged a higher "Default Rate". That rate can be as high as allowed by law, which may go up to or around 25%–29%. Some private lenders will collect a prepayment penalty and some will not.

Points on a hard money loan are traditionally 1 to 3 more than a traditional loan, which would amount to 3 to 6 points on the average hard loan. It is very common for a commercial hard money loan to be upwards of four points and as high as 10 points. The reason a borrower would pay that rate is to avoid imminent foreclosure or a "quick sale" of the property. That could amount to as much as a 30% or more discount as is common on short sales. By taking a short term bridge or hard money loan, the borrower often saves equity and extends his time to get his affairs in order to better manage the property.

All hard money borrowers are advised to use a professional real estate attorney to assure the property is not given away by way of a late payment or other default without benefit of traditional procedures that would require a court judgement.

Now with all that information, the two reasons that people choose hard money loans.

1. Temporary Financing

2. They need Immediate financing .

3. They can not obtain traditional financing.

If you need a hard money loan please click here.

Mindy Lawton makes a new claim that she slept with Tiger

Mindy Lawton, a 34-year-old waitress, claims to have had a year-long affair with Tiger Woods filled with regular sex in a range of locations. The Daily Mail writes that the pair met in the summer of 2006 at a diner where Lawton worked.

According to Lawton, Woods is quite the lover. He is "very well endowed" and "knows his way around the bedroom. On a scale of ten I would give him 12," she tells News of the World. Lawton's sister, Lynn, adds that Mindy described their sex as "extremely good."

Woods was fond of sleeping with her in numerous locations -- from parking lots to the shower to the garage -- but the golfer refused to have sex in his bedroom.

Lawton also says that Woods has a particular passion for the color red, which he is known to wear on Sundays at golf tournaments. But according to Lawton, that isn't the only place he enjoys the color:

Who cares? It does not matter if it was one or 30 the point is he did it and nothing is going to change.

Tigers woods action created a reaction

They say for every action creates a reaction. Who would have known that when the National Enquirer’s made a allegations of Tiger Woods affair with Rachel Uchitel, that the action of reporting would cause a reaction of violence by Elin Woods? So then the action that was created by Tiger Woods Created a action by the National Enquirer, who had to report that juicy gossip, who then created a action of arguments by his wife, which created a reaction by Tiger to storm out of the house at 2:30 am and hit a fire hydrant which caused a reaction from his neighbor to call the police because of the wreck. This then created an action by his wife to go out side and bust out the window and drag her unconscious husband from the SUV. Now this action by the wife created a reaction by the police who was curious as to where was Tiger woods going at 2:30 am? Now the police action created a reaction in the media about by his wife and this Rachel Uchitel that maybe just maybe she was his mistress. Now Rachel Uchitel action was to deny, deny, deny, and when she finished giving an interview deny some more. So her action created a reaction from other girls who decided to tell all! So from other women action of kiss and tell, Rachel Uchitel reacted, and begin to tell all.

Now Tigers actions created a reaction from his wife he wants the pre-nup rewritten. Also the reaction from the wife cause a reaction from Tiger to undergo
intense therapy to improve the once perfect marriage.

The action is now that you created this mess, the only reaction you should have now is how am I going to fix it!

Popthatzit is making acne popular!

I found this website today called popthatzit.com and was shocked, that it is dedicated to the repulsive of things, popping a zit! Ugh, maybe I am strange but to be honest, who would think that millions of people can not wait to see who has acne next.

Acne occurs most commonly during adolescence, affecting more than 89% of teenagers, and frequently continues into adulthood. In adolescence, acne is usually caused by an increase in male sex hormones, which people of both genders accrue during puberty.^[2] For most people, acne diminishes over time and tends to disappear—or at the very least decrease—after one reaches one's early twenties. There is, however, no way to predict how long it will take to disappear entirely, and some individuals will carry this condition well into their thirties, forties and beyond.^[3]

Aside from scarring, its main effects are psychological, such as reduced self-esteem^[5] and, according to at least one study, depression or suicide.^[6] Early and aggressive treatment is therefore advocated by some to lessen the overall impact to individuals.^[5]

I found this product and it helped me considering that I was not a teenager any more "After I incorporated several of your suggestions into my daily life I have seen a REMARKEBLE difference in my acne! 6 weeks into the program and I was left with not a pimple on my face. Not only did it clear my face but it completely cleared my blackheads and helped remove the dark spots. If you are tired of the day in and day out battle with acne" Click Here!.

I was fortunate that I did not have severe acne, but every now and then I do get boils. So what is a boil? A boil is a localized infection deep in the skin. A boil generally starts as a reddened, tender area. Now I found one thing in particular that helps with getting rid of a boil. The first thing is you could go to a doctor like the young man in the video did and let a doctor lance the boil and squeeze that crap out. I know for a fact that it hurts like heck, and that's not high on my solution list. The second is quite simple and not as expensive, its called campho phenique. Dip a Q-tip into the campho phenique, apply it to the infected area then cover the area with a band aid. It generally take 2 days but you will see a significant reduction in the boil. Hey, don't take my word just look at the video again and again and if you like pain; go that route!